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Personal Loan For $160000 Near 30680, Georgia With A Credit Score Of 375

$160000 Personal Loan – Winder Georgia, Credit Rating Of 375

  • Experian: 394 – The client had a terrible Experian score
  • Transunion: 362 – Fern had a terrible credit rating with Transunion.
  • Equifax: Fern’s Experian score was 375, which is a terrible credit rating on the Experian system.

8 Months in the Past, Fern Tried Finding a High Risk Loan for $29,000.00, but They Didn’t Find What They were Expecting

There is an ongoing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Fern. Fern chose not to obtain a high risk loan this time. High Risk loans are given to bad credit clients. Borrowers with credit scores as low as 430 can inquire for a high risk loan and possibly can be accepted.

Fern has a sad current gross income, but has a large amount of prospects

Fern has always wanted to be a human resources management consultant, but would need attend Mid-America Christian University again to achieve it. Fern has other possibilities as well, including executive secretary, it administrator, and employee training instructor, which pay $54,000 through to $100,000 per year, on average. For this reason, we think that Fern can pay for this personal loan of $160000.

Fern’s Overall FICO score at the time of acceptance for a personal loan, taking into account their food batchmaker job and their future career as a human resources management consultant

Fico Score: 375

Signature Loan found in Winder, Georgia for $160000 with terrible credit by Fern

Most clients have difficulty with finding signature loans in Winder, Georgia, and Fern is no different. Fern went to 4 lenders or more before settling on Verity Bank, who offered Fern a signature loan for $160000. Most signature loans simply need a client, like Fern’s signature to get them, up to $31,000 in some cases. Fern was able to get $160000 as a personal loan, which is very high for a personal loan. Since signature loans do not need a cosigner, these loans generally require improved credit, as high as 725

Many previous requests for credit have been made by Fern in the past, including one from First Citizens Bank in Winder, Georgia before Fern was accepted for the $160000 by Verity Bank

Fern made 6 previous attempts to obtain a personal loan, 2 of which were with First Citizens Bank, a bank in Winder, Georgia known to specialize in personal loans specifically. Before finding Verity Bank, Fern was very concerned due to their inexperience and terrible credit score.

Fern’s Transunion score was changed by the personal loan loan, changing to 362 from 375, which is typical in our experience.

Transunion Score: 362

Paraphrased and Standardized Quote from Fern for this personal loan of $160000, provided by Verity Bank

Hello, I am Fern and I’m from Winder in Georgia. Barrow, county is where I grew up, and now I need a personal loan in Georgia for $160000 to avoid bankruptcy. It wasn’t easy, but Verity Bank really came through for me with this loan for 11.4% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Verity Bank for giving me a chance and my terrible credit. It look me 9 years to build my credit to 375, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.

When Fern was 19, they tried to obtain a student loan from 4 alternate banks, which harmed their credit score. Below is a chronology of Fern’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $26,000.00 on April 22, 2012
  • Attempt 2) Loan for $24,000.00 on June 12, 2010
  • Attempt 3) Loan for $28,000.00 on September 4, 2009
  • Attempt 4) Loan for $28,000.00 on June 24, 2011

Personal Loan for a food batchmaker named Fern in Winder, Georgia to Pay Off USAA Cash Rewards American Express

Fern had a tonne of credit card debt on their TD Simply Flexible Business Visa Credit Card and their Community First Bank Credit Cards, and they were starting to get in over their heads. Despite Fern’s job as a food batchmaker, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Fern was not approved by The Commercial Bank 5 times before being granted funding by Verity Bank at 94 West Athens Street

On April 13, 2012, Fern inquired about borrowing $16,000 from Peoples Bank of Bartow County with Rolanda, their friend from just outside Winder, and even with the co-signer, Fern was rejected for this personal loan. With terrible credit, it can be challenging to procure financing, even with collateral and a co-signer.

Before applying for this personal loan, Fern had an Experian score of 394, which is terrible, so Verity Bank most likely cannot provide Fern a personal loan

Experian Score: 394

Fast Loans for Fern in Winder, Georgia to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Winder, Georgia aren’t actually that difficult to obtain, especially if you have some gumption like Fern. Fern was able to find a fast loan for $160000 from Bank of Hazlehurst and Citizens Bank, but declined both offers in favor of their personal loan from Verity Bank. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. Much better in the case that a client is in a pinch.

Client Profile: Fern Quattrone of Winder, Georgia
  • Full name (Changed if requested): Fern Quattrone
  • Current Credit: loans.hit.utils.Fico@17a7cec2
  • Current City: Winder
  • State: Georgia
  • Zip code: 30689
  • Yearly income: $39,000
  • Current Job: food batchmaker
  • Current County: Barrow
  • Goal Yearly Income: $85,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000

Installment loan for Fern, a graduate of Mid-America Christian University and a food batchmaker working for over $67,000 per year

Fern, an alumnus at Mid-America Christian University and a food batchmaker in Winder, Georgia wants a personal loan to purchase a car. Fern has instead chosen to get an installment loan for $17,000 and is currently seeking lenders like The Citizens and Southern Bank of Dublin to provide it.

Contact Details for Verity Bank, the provider of this personal loan

  • Verity Bank
  • City: Winder
  • State: Georgia
  • Address: 94 West Athens Street
  • County: Barrow
  • Zip code: 30680

Previous requests on Fern’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$135740.00 8 6.4% $1810.37 NationsBank of Florida, National Association October 16, 2009
$136380.00 5 8.6% $2804.62 Century Bank and Trust August 17, 2013
$136260.00 5 8.3% $2782.47 Bank of Madison April 23, 2015
$135600.00 6 6.6% $2285.89 Bank of Hazlehurst April 24, 2015
$136460.00 11 7.6% $1528.52 The Citizens and Southern Bank of Dublin July 11, 2015

Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans vary from $38,000.00 to $56,000.00. They are normally used to pay off existing high interest loans like credit cards. Fern needed a debt consolidation loan to pay for their existing personal loan and their payday loan. Fern was able to find a personal loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your bad, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.6%.

Conclusion of Fern’s personal loan

In the end, Fern was able to find a personal loan for $160000 with an interest rate of 9.4% interest APR from Verity Bank in Winder, Georgia repayable over 19 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.