$72000 Student Loan – Lebanon New Hampshire, Credit Rating Of 800
- Experian: 813 – The client had an excellent Experian score
- Transunion: 782 – Elease had an excellent credit score with Transunion.
- Equifax: Elease’s Experian score was 800, which is an excellent credit score on the Experian rating scheme.
When Elease was 20, they tried to obtain a student loan from 4 different banks, which harmed their credit score. Below is a chronology of Elease’s prior attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on August 30, 2011
- Attempt 2) Loan for $21,000.00 on January 5, 2011
- Attempt 3) Loan for $34,000.00 on July 29, 2010
- Attempt 4) Loan for $27,000.00 on April 2, 2013
Installment loan for Elease, a graduate of Southeastern School of Cosmetology and a sales representative working for over $63,000 per year
Elease, an alumnus at Southeastern School of Cosmetology and a sales representative in Lebanon, New Hampshire needs a student loan to purchase a house. Elease has instead chosen to get an installment loan for $19,000 and is currently seeking lenders like The Franklin National Bank to provide it.
Elease was rejected by Indian Head National Bank of Claremont 4 times prior to being approved by First NH Bank of Lebanon at 20 West Park Street
On October 24, 2010, Elease applied about borrowing $8,000 from Citizens Bank New Hampshire with Tanner, their in law from just outside Lebanon, and even with the co-signer, Elease was rejected for this student loan. With excellent credit, it can be a challenge to procure funding, even with collateral and a co-signer.
- Full name (Changed if requested): Elease Sturtevant
- Current Credit: loans.hit.utils.Fico@378fd1ac
- Current City: Lebanon
- State: New Hampshire
- Zip code: 3768
- Yearly income: $59,000
- Current Job: sales representative
- Current County: Grafton
- Goal Yearly Income: $139,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Many other requests for credit have been made by Elease in the past, including one from Barnett Bank of Highlands County in Lebanon, New Hampshire before Elease was approved for the $72000 by First NH Bank of Lebanon
Elease made 7 prior attempts to obtain a student loan, 2 of which were with Barnett Bank of Highlands County, a lender in Lebanon, New Hampshire known to specialize in student loans specifically. Before finding First NH Bank of Lebanon, Elease was desperate due to their inexperience and excellent credit score.
Contact Details for First NH Bank of Lebanon, the provider of this student loan
- First NH Bank of Lebanon
- City: Lebanon
- State: New Hampshire
- Address: 20 West Park Street
- County: Grafton
- Zip code: 3766
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $31,000.00 to $48,000.00. They are typically used to pay off existing high interest loans like credit cards. Elease required a debt consolidation loan to pay for their existing student loan and their loan shark loan. Elease was able to find a student loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which converts your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.0%.
Before applying for this student loan, Elease had an Experian score of 813, which is excellent, so First NH Bank of Lebanon most likely cannot provide Elease a student loan
Fast Loans for Elease in Lebanon, New Hampshire to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Lebanon, New Hampshire aren’t actually that difficult to obtain, especially if you have some gumption like Elease. Elease was able to find a fast loan for $72000 from Granite Bank and Indian Head National Bank of Nashua, but declined both offers in favor of their student loan from First NH Bank of Lebanon. The improvement with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. An improvement in the case that a client is on the go.
Previous requests on Elease’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$137180.00||3||7.8%||$4286.08||Indian Head Bank North||March 13, 2011|
|$137150.00||6||8.6%||$2445.06||First & Ocean National Bank||March 10, 2013|
|$137180.00||6||8.7%||$2452.37||Ocean Bank||January 26, 2014|
|$136580.00||10||8.1%||$1664.32||The Bristol Bank||November 18, 2014|
|$136780.00||3||8.2%||$4298.82||BankEast, National Association||February 9, 2015|
Paraphrased and Standardized Quote from Elease for this student loan of $72000, provided by First NH Bank of Lebanon
Hello, I am Elease and my hometown is Lebanon in New Hampshire. Grafton, county is where I grew up, and now I need a student loan in New Hampshire for $72000 to buy a car. It wasn’t easy, but First NH Bank of Lebanon really came through for me with this loan for 8.6% interest APR and a term of 12 years. I will repay the loan over the 12 year term, including interest. A big thanks to First NH Bank of Lebanon for giving me a chance and my excellent credit. It look me 4 years to create my credit to 800, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.
Elease’s Transunion score was changed by the student loan loan, changing to 782 from 800, which is normal in our experience.
7 Months Ago, Elease Tried Finding a High Risk Loan for $30,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for clients to get high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Elease. Elease decided not to get a high risk loan this time. High Risk loans are given to very low credit applicants. Individuals with credit scores as low as 469 can inquire for a high risk loan and possibly can be accepted.
Elease’s Overall FICO score at the time of acceptance for a student loan, taking into account their sales representative job and their future job as an airport design engineer
Personal Loan for a sales representative named Elease in Lebanon, New Hampshire to Pay Off University of Illinois Credit Card
Elease had a lot of credit card debt on their Bank of Akron MasterCard Business and their University of Delaware Alumni Association Platinum Plus MasterCard with WorldPoints Rewards, and they were starting to get in over their heads. Despite Elease’s job as a sales representative, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan acquired in Lebanon, New Hampshire for $72000 with excellent credit by Elease
Most prospective borrowers struggle with obtaining signature loans in Lebanon, New Hampshire, and Elease is not an exception. Elease went to 7 lending institutions or more before finding First NH Bank of Lebanon, who offered Elease a signature loan for $72000. Most signature loans simply need a client, like Elease’s signature to get them, up to $23,000 in some cases. Elease was able to get $72000 as a student loan, which is very high for a student loan. Because signature loans do not need a cosigner, they tend to need higher credit, as high as 766
Elease has a sad current yearly income, but has a high number of prospects
Elease has always wanted to be an airport design engineer, but would have to attend Southeastern School of Cosmetology again to become one. Elease has other prospects as well, including floral designer, career counselor, and industrial engineering technician, which pay $59,000 through to $96,000 per year, at least. For this reason, we believe that Elease can afford this student loan of $72000.
Conclusion of Elease’s student loan
In the end, Elease was able to find a student loan for $72000 with an interest rate of 5.2% interest APR from First NH Bank of Lebanon in Lebanon, New Hampshire repayable over 12 years from today.