$66000 Quick Loan – Wadley Georgia, Credit Score Of 583
- Experian: 595 – This client had a fair Experian score
- Transunion: 568 – Otha had a fair credit rating with Transunion.
- Equifax: Otha’s Experian score was 583, which is a fair credit rating with the Experian system.
- Full name (Changed if requested): Otha Fix
- Current Credit: loans.hit.utils.Fico@7e6cbb7a
- Current City: Wadley
- State: Georgia
- Zip code: 30480
- Yearly income: $60,000
- Current Job: casino cage worker
- Current County: Jefferson
- Goal Yearly Income: $87,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Signature Loan easily acquired in Wadley, Georgia for $66000 with fair credit by Otha
A lot of borrowers have difficulty with obtaining signature loans in Wadley, Georgia, and Otha is no exception. Otha went to 4 lending institutions or more prior to finding Bank of Wadley, who offered Otha a signature loan for $66000. Typical signature loans simply need a client, like Otha’s signature to get them, up to $46,000 in some cases. Otha was able to get $66000 as a quick loan, which is very high for a quick loan. Because signature loans do not need a cosigner, these loans tend to need higher credit, as high as 797
Otha was not approved by The Peoples Bank 4 times prior to being accepted by Bank of Wadley at 116 North Main Street
On May 10, 2010, Otha inquired about borrowing $34,000 from NationsBank of Florida, National Association with Bettina, their friend from just outside Wadley, and even with the co-signer, Otha was rejected for this quick loan. With fair credit, it can be difficult to procure financing, even with collateral and a co-signer.
Previous requests on Otha’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$41760.00||6||10.5%||$784.21||NationsBank of Florida, National Association||June 19, 2010|
|$42130.00||7||6.4%||$623.57||Century Bank and Trust||December 17, 2010|
|$42260.00||6||6.7%||$714.42||Bank of Madison||July 11, 2011|
|$41820.00||7||11.7%||$731.54||Bank of Hazlehurst||January 8, 2014|
|$41660.00||10||8.3%||$512.08||The Citizens and Southern Bank of Dublin||March 4, 2015|
Otha’s Transunion score was changed by the quick loan loan, changing to 568 from 583, which is typical in our experience.
Contact Details for Bank of Wadley, the provider of this quick loan
- Bank of Wadley
- City: Wadley
- State: Georgia
- Address: 116 North Main Street
- County: Jefferson
- Zip code: 30477
Before applying for this quick loan, Otha had an Experian score of 595, which is fair, so Bank of Wadley most likely cannot provide Otha a quick loan
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $35,000.00 to $41,000.00. They are normally used to pay off existing high interest loans like credit cards. Otha needed a debt consolidation loan to pay for their existing quick loan and their payday loan. Otha was able to find a quick loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.6%.
Installment loan for Otha, a graduate of Modern Beauty School and a casino cage worker working for over $76,000 per year
Otha, an alumnus at Modern Beauty School and a casino cage worker in Wadley, Georgia wants a quick loan to purchase a house. Otha has instead chosen to obtain an installment loan for $27,000 and is currently seeking lenders like The Citizens and Southern Bank of Dublin to process their request.
Multiple past requests for credit have been made by Otha in the past, including one from Harris Bank Bartlett in Wadley, Georgia before Otha was approved for the $66000 by Bank of Wadley
Otha made 4 previous attempts to obtain a quick loan, 2 of which were with Harris Bank Bartlett, a lending institution in Wadley, Georgia known to specialize in quick loans specifically. Before finding Bank of Wadley, Otha was desperate due to their inexperience and fair credit score.
Otha’s Overall FICO score at the time of acceptance for a quick loan, taking into account their casino cage worker job and their future job as a loan counselor
Fast Loans for Otha in Wadley, Georgia to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Wadley, Georgia aren’t actually that difficult to obtain, particularly if you have some finesse like Otha. Otha was able to find a fast loan for $66000 from Citizens Bank and NationsBank of Florida, National Association, but turned down both offers in favor of their quick loan from Bank of Wadley. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big difference if a borrower is in a pinch.
When Otha was 24, they tried to obtain a student loan from 6 alternate lenders, which damaged their credit rating. Below is a list of Otha’s prior attempts at finding a student loan:
- Attempt 1) Loan for $26,000.00 on October 17, 2008
- Attempt 2) Loan for $34,000.00 on August 12, 2013
- Attempt 3) Loan for $33,000.00 on August 8, 2010
- Attempt 4) Loan for $22,000.00 on July 17, 2010
- Attempt 5) Loan for $37,000.00 on December 2, 2011
- Attempt 6) Loan for $33,000.00 on December 15, 2012
Personal Loan for a casino cage worker named Otha in Wadley, Georgia to Pay Off Zions Bank Low Rate Visa Platinum Card
Otha had a lot of credit card debt on their TD Payment Plus Visa Credit Card and their Valley National Bank Credit Cards, and they were starting to get in over their heads. Despite Otha’s job as a casino cage worker, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Otha for this quick loan of $66000, provided by Bank of Wadley
Hello, I am Otha and my hometown is Wadley in Georgia. Jefferson, county is where I grew up, and now I need a quick loan in Georgia for $66000 to avoid bankruptcy. It wasn’t easy, but Bank of Wadley really came through for me with this loan for 8.2% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to Bank of Wadley for trusting me and my fair credit. It look me 6 years to build my credit to 583, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
Otha has a disappointing current gross income, but has a large amount of prospects
Otha has always wanted to be a loan counselor, but would need attend Modern Beauty School again to achieve it. Otha has other possibilities as well, including solar energy systems designer, office supervisor, and elementary school administrator, which pay $54,000 through to $93,000 per year, on average. For this reason, we think that Otha can pay for this quick loan of $66000.
8 Months in the Past, Otha Attempted Finding a High Risk Loan for $46,000.00, and it was Easy
There is an well known struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Otha. Otha chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Clients with credit ratings as low as 528 can apply for a high risk loan and possibly can be approved.
Conclusion of Otha’s quick loan
In the end, Otha was able to find a quick loan for $66000 with an interest rate of 9.0% interest APR from Bank of Wadley in Wadley, Georgia repayable over 23 years from now.