$36000 Mortgage – Jersey City New Jersey, Credit Rating Of 685
- Experian: 701 – They had a good Experian rating
- Transunion: 671 – Kent had a good credit rating with Transunion.
- Equifax: Kent’s Experian score was 685, which is a good credit score using the Experian system.
Fast Loans for Kent in Jersey City, New Jersey to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Jersey City, New Jersey aren’t actually that difficult to obtain, particularly if you have some finesse like Kent. Kent was able to find a fast loan for $36000 from United Jersey Bank/Northwest and Suburban Trust Company, but declined both offers in favor of their mortgage from First State Bank of Hudson County. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big difference in the case that a borrower is on the go.
Previous requests on Kent’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$104630.00||4||9.2%||$2613.67||The State Bank of North Jersey||July 9, 2012|
|$104820.00||7||11.8%||$1839.17||Carteret Bank and Trust Company||July 15, 2012|
|$105430.00||5||7.6%||$2117.61||United Jersey Bank/Northwest||December 18, 2012|
|$105310.00||9||7.7%||$1354.68||People’s Trust Company||May 22, 2014|
|$105440.00||7||9.3%||$1712.53||United Jersey Bank/Central||October 5, 2014|
Personal Loan for a vocational education teachers named Kent in Jersey City, New Jersey to Pay Off First National Bank Alaska Credit Cards
Kent had a lot of credit card debt on their Seattle Seahawks NFL Extra Points Visa Signature Card and their First National Bank Alaska Credit Cards, and they were starting to get in over their heads. Despite Kent’s job as a vocational education teachers, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Kent was 24, they tried to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a list of Kent’s prior attempts at finding a student loan:
- Attempt 1) Loan for $30,000.00 on March 20, 2011
- Attempt 2) Loan for $33,000.00 on November 4, 2013
- Attempt 3) Loan for $31,000.00 on December 28, 2013
- Attempt 4) Loan for $34,000.00 on February 20, 2012
- Attempt 5) Loan for $36,000.00 on March 9, 2012
Installment loan for Kent, a graduate of Century College and a vocational education teachers working for over $79,000 per year
Kent, an alumnus at Century College and a vocational education teachers in Jersey City, New Jersey wants a mortgage to purchase a car. Kent has instead chosen to get an installment loan for $15,000 and is at present seeking lenders like Citizens’ Bank, National Association to process their request.
Kent’s Transunion score was altered by the mortgage loan, changing to 671 from 685, which is normal in our experience.
Signature Loan easily acquired in Jersey City, New Jersey for $36000 with good credit by Kent
Most clients have difficulty with finding signature loans in Jersey City, New Jersey, and Kent is the same. Kent went to 4 lending institutions or more before settling on First State Bank of Hudson County, who offered Kent a signature loan for $36000. Most signature loans simply need a client, like Kent’s signature to get them, up to $45,000 in some cases. Kent was able to get $36000 as a mortgage, which is very high for a mortgage. Because signature loans do not require collateral, they generally need higher credit, as high as 776
Kent was rejected by Summit Bank 6 times before being granted funding by First State Bank of Hudson County at Hudson Shopping Plaza, Route 440
On March 6, 2012, Kent inquired about borrowing $39,000 from Princeton Bank with Bill, their friend from just outside Jersey City, and even with the co-signer, Kent was rejected for this mortgage. With good credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Before applying for this mortgage, Kent had an Experian score of 701, which is good, so First State Bank of Hudson County most likely cannot provide Kent a mortgage
Kent has a disappointing current total income, but has a high number of prospects
Kent has always wanted to be a casino cage worker, but would need attend Century College again to become one. Kent has other possibilities as well, including elementary school administrator, nuclear fuels research engineer, and reservation ticket agent, which pay $55,000 through to $104,000 per year, on average. Because of this, we think that Kent can pay for this mortgage of $36000.
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $31,000.00 to $42,000.00. They are mainly used to pay off existing high interest loans like credit cards. Kent needed a debt consolidation loan to pay for their existing mortgage and their credit card. Kent was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your dirty, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 3.6%.
Paraphrased and Standardized Quote from Kent for this mortgage of $36000, provided by First State Bank of Hudson County
Hi, I am Kent and I’m from Jersey City in New Jersey. Hudson, county is where I grew up, and now I need a mortgage in New Jersey for $36000 to buy a car. It has been difficult, but First State Bank of Hudson County really came through for me with this loan for 10.8% interest APR and a term of 5 years. I will repay the loan over the 5 year term, including interest. A big thanks to First State Bank of Hudson County for trusting me and my good credit. It look me 7 years to create my credit to 685, and I won’t tarnish it any more. I’m happy with Find Texas Loans for assisting me this far.
Contact Details for First State Bank of Hudson County, the provider of this mortgage
- First State Bank of Hudson County
- City: Jersey City
- State: New Jersey
- Address: Hudson Shopping Plaza, Route 440
- County: Hudson
- Zip code: 7304
Kent’s Overall FICO score at the time of acceptance for a mortgage, taking into account their vocational education teachers job and their future career as a casino cage worker
- Full name (Changed if requested): Kent Dionisio
- Current Credit: loans.hit.utils.Fico@6f539caf
- Current City: Jersey City
- State: New Jersey
- Zip code: 7313
- Yearly income: $40,000
- Current Job: vocational education teachers
- Current County: Hudson
- Goal Yearly Income: $108,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
9 Months Ago, Kent Attempted Finding a High Risk Loan for $40,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for clients to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Kent. Kent decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Borrowers with credit scores as low as 587 can apply for a high risk loan and may be be approved.
Many past requests for credit have been made by Kent in the past, including one from NBD Kalamazoo Bank in Jersey City, New Jersey before Kent was accepted for the $36000 by First State Bank of Hudson County
Kent made 5 previous tries to obtain a mortgage, 2 of which were with NBD Kalamazoo Bank, a lending institution in Jersey City, New Jersey known to specialize in mortgages specifically. Prior to finding First State Bank of Hudson County, Kent was very concerned due to their inexperience and good credit rating.
Conclusion of Kent’s mortgage
In the end, Kent was able to find a mortgage for $36000 with an interest rate of 8.3% interest APR from First State Bank of Hudson County in Jersey City, New Jersey repayable over 5 years from now.