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No Collateral Loan Of $44000 For Terrible Credit Florida Resident

$44000 No Collateral Loan – Orlando Florida, Credit Score Of 352

  • Experian: 369 – They had a terrible Experian rating
  • Transunion: 337 – Jung had a terrible credit rating with Transunion.
  • Equifax: Jung’s Experian score was 352, which is a terrible credit rating on the Experian scale.

Previous requests on Jung’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$90830.00 8 10.8% $1417.02 NCNB National Bank of Florida September 17, 2009
$91230.00 3 11.4% $3004.06 Southeast Bank of Madison County, National Association December 12, 2012
$91490.00 4 10.1% $2324.82 Southeast Bank of Wildwood December 21, 2013
$90540.00 6 7.7% $1574.23 Atlantic Bank of Jacksonville January 15, 2015

Jung’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their financial planner job and their future career as a loan counselor

Fico Score: 352

When Jung was 22, they attempted to obtain a student loan from 5 different lenders, which damaged their credit score. Below is a chronology of Jung’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $36,000.00 on April 21, 2010
  • Attempt 2) Loan for $33,000.00 on February 15, 2012
  • Attempt 3) Loan for $27,000.00 on March 21, 2010
  • Attempt 4) Loan for $34,000.00 on June 9, 2013
  • Attempt 5) Loan for $24,000.00 on April 6, 2010

Signature Loan easily acquired in Orlando, Florida for $44000 with terrible credit by Jung

Most borrowers struggle with finding signature loans in Orlando, Florida, and Jung is no exception. Jung went to 7 lenders or more before finding The First, Federal Association, who offered Jung a signature loan for $44000. Typical signature loans simply require a client, like Jung’s signature to get them, up to $31,000 in some cases. Jung was able to get $44000 as a no collateral loan, which is very high for a no collateral loan. Since signature loans do not require collateral, they generally require improved credit, as high as 716

8 Months in the Past, Jung Attempted Finding a High Risk Loan for $20,000.00, but They Didn’t Find What They were Expecting

It is an ongoing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Jung. Jung decided not to obtain a high risk loan this time. High Risk loans are given to very low credit individuals. Clients with credit scores as low as 538 can inquire for a high risk loan and have a chance to be approved.

Jung has a disappointing current total income, but has several of prospects

Jung has always wanted to be a loan counselor, but would have to attend Hamline University again to achieve it. Jung has other possibilities as well, including sales representative, engineering professor, and orthodontic laboratory technician, which pay $56,000 through to $102,000 per year, on average. For this reason, we think that Jung can pay for this no collateral loan of $44000.

Paraphrased and Standardized Quote from Jung for this no collateral loan of $44000, provided by The First, Federal Association

Hi, I am Jung and I’m from Orlando in Florida. Orange, county is where I grew up, and now I need a no collateral loan in Florida for $44000 to pay bills. It wasn’t easy, but The First, Federal Association really came through for me with this loan for 5.1% interest APR and a term of 6 years. I will repay the loan over the 6 year term, including interest. A big thanks to The First, Federal Association for giving me a chance and my terrible credit. It look me 7 years to build my credit to 352, and I won’t harm it any more. I’m happy with Find Texas Loans for assisting me this far.

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Most debt consolidation loans range from $26,000.00 to $48,000.00. They are normally used to pay off existing high interest loans like credit cards. Jung needed a debt consolidation loan to pay for their existing no collateral loan and their credit card. Jung was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which changes your dirty, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 2.3%.

Jung’s Transunion score was changed by the no collateral loan loan, changing to 337 from 352, which is normal in our experience.

Transunion Score: 337

Installment loan for Jung, a graduate of Hamline University and a financial planner working for over $78,000 per year

Jung, an alumnus at Hamline University and a financial planner in Orlando, Florida wants a no collateral loan to purchase a house. Jung has instead decided to obtain an installment loan for $3,000 and is currently seeking lenders like Southeast Bank of Perry, National Association to provide it.

Several previous requests for credit have been made by Jung in the past, including one from First Federal Savings and Loan Association in Orlando, Florida before Jung was accepted for the $44000 by The First, Federal Association

Jung made 6 previous attempts to obtain a no collateral loan, 2 of which were with First Federal Savings and Loan Association, a lending institution in Orlando, Florida known to specialize in no collateral loans specifically. Before finding The First, Federal Association, Jung was very concerned due to their inexperience and terrible credit score.

Personal Loan for a financial planner named Jung in Orlando, Florida to Pay Off Ohio University Alumni Association WorldPoints Card

Jung had a lot of credit card debt on their Agriculture Federal Credit Union Secured Visa Classic and their Sam’s Club Business Credit Card, and they were starting to get in over their heads. Despite Jung’s job as a financial planner, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Client Profile: Jung Balton of Orlando, Florida
  • Full name (Changed if requested): Jung Balton
  • Current Credit: loans.hit.utils.Fico@246b179d
  • Current City: Orlando
  • State: Florida
  • Zip code: 32805
  • Yearly income: $37,000
  • Current Job: financial planner
  • Current County: Orange
  • Goal Yearly Income: $147,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000

Contact Details for The First, Federal Association, the provider of this no collateral loan

  • The First, Federal Association
  • City: Orlando
  • State: Florida
  • Address: One Dupont Center – 390 N Orange Ave
  • County: Orange
  • Zip code: 32801

Jung was rejected by Southeast Bank of Madison County, National Association 5 times prior to being approved by The First, Federal Association at One Dupont Center – 390 N Orange Ave

On February 12, 2011, Jung applied about borrowing $15,000 from NCNB National Bank of Florida with Vera, their friend from just outside Orlando, and even with the co-signer, Jung was rejected for this no collateral loan. With terrible credit, it can be difficult to obtain financing, even with collateral and a co-signer.

Before applying for this no collateral loan, Jung had an Experian score of 369, which is terrible, so The First, Federal Association likely cannot provide Jung a no collateral loan

Experian Score: 369

Fast Loans for Jung in Orlando, Florida to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Orlando, Florida aren’t actually that difficult to obtain, especially if you have some gumption like Jung. Jung was able to find a fast loan for $44000 from Citizens Bank of Marianna and Southeast Bank of Madison County, National Association, but turned down both offers in favor of their no collateral loan from The First, Federal Association. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. Much better in the case that you are in a time sensitive situation.

Conclusion of Jung’s no collateral loan

In the end, Jung was able to find a no collateral loan for $44000 with an interest rate of 7.3% interest APR from The First, Federal Association in Orlando, Florida repayable over 6 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.