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Roselyn Had Need For An Emergency Loan For $88000, Bar Harbor, Maine

$88000 Emergency Loan – Bar Harbor Maine, Credit Rating Of 647

  • Experian: 660 – The client had a good Experian rating
  • Transunion: 630 – Roselyn had a good credit score with Transunion.
  • Equifax: Roselyn’s Experian score was 647, which is a good credit rating on the Experian system.

Roselyn’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their casino cage worker job and their future career as a pilot

Fico Score: 647

Personal Loan for a casino cage worker named Roselyn in Bar Harbor, Maine to Pay Off Berkshire Municipal Bank Visa Signature Bonus Rewards Card

Roselyn had a lot of credit card debt on their Citizens Bank Everyday Points Platinum MasterCard and their Justice FCU FBI-LEEDA Visa Rewards Credit Card, and they were starting to get in over their heads. Despite Roselyn’s job as a casino cage worker, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Before applying for this emergency loan, Roselyn had an Experian score of 660, which is good, so Bar Harbor Bank & Trust probably can provide Roselyn an emergency loan

Experian Score: 660

Contact Details for Bar Harbor Bank & Trust, the provider of this emergency loan

  • Bar Harbor Bank & Trust
  • City: Bar Harbor
  • State: Maine
  • Address: 82 Main Street
  • County: Hancock
  • Zip code: 4609

Installment loan for Roselyn, a graduate of Empire Beauty School – Wyoming Valley and a casino cage worker working for over $66,000 per year

Roselyn, an alumnus at Empire Beauty School – Wyoming Valley and a casino cage worker in Bar Harbor, Maine needs an emergency loan to purchase a car. Roselyn has instead decided to obtain an installment loan for $16,000 and is at present seeking lenders like The National Bank of Gardiner to process their request.

Many previous requests for credit have been made by Roselyn in the past, including one from Shawmut First Bank and Trust Company in Bar Harbor, Maine before Roselyn was accepted for the $88000 by Bar Harbor Bank & Trust

Roselyn made 7 prior attempts to obtain an emergency loan, 2 of which were with Shawmut First Bank and Trust Company, a lender in Bar Harbor, Maine known to specialize in emergency loans specifically. Prior to finding Bar Harbor Bank & Trust, Roselyn was very concerned due to their inexperience and good credit score.

Roselyn has a disappointing current total income, but has a large amount of prospects

Roselyn has always wanted to be a pilot, but would have to attend Empire Beauty School – Wyoming Valley again to achieve it. Roselyn has other possibilities as well, including artists agent, radio & tv sports announcer, and sales representatives, which pay $55,000 through to $98,000 per year, at least. For this reason, we believe that Roselyn can afford this emergency loan of $88000.

Roselyn was declined by Bar Harbor Bank & Trust 4 times prior to being granted funding by Bar Harbor Bank & Trust at 82 Main Street

On March 25, 2011, Roselyn applied about borrowing $18,000 from Northeast Bank, N. A. of Farmington with Raylene, their in law from just outside Bar Harbor, and even with the co-signer, Roselyn was rejected for this emergency loan. With good credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Client Profile: Roselyn Rinaldo of Bar Harbor, Maine
  • Full name (Changed if requested): Roselyn Rinaldo
  • Current Credit: loans.hit.utils.Fico@5d099f62
  • Current City: Bar Harbor
  • State: Maine
  • Zip code: 4617
  • Yearly income: $52,000
  • Current Job: casino cage worker
  • Current County: Hancock
  • Goal Yearly Income: $132,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Signature Loan acquired in Bar Harbor, Maine for $88000 with good credit by Roselyn

Most clients struggle with obtaining signature loans in Bar Harbor, Maine, and Roselyn is no different. Roselyn went to 4 lending institutions or more prior to finding Bar Harbor Bank & Trust, who offered Roselyn a signature loan for $88000. Typical signature loans simply require a client, like Roselyn’s signature to get them, up to $26,000 in some cases. Roselyn was able to get $88000 as a emergency loan, which is very high for an emergency loan. Because signature loans do not require collateral, these loans generally require improved credit, as high as 751

Roselyn’s Transunion score was changed by the emergency loan loan, changing to 630 from 647, which is typical in our experience.

Transunion Score: 630

Fast Loans for Roselyn in Bar Harbor, Maine to prevent bankruptcy or harm from debt collectors.

Fast loans in Bar Harbor, Maine aren’t actually that difficult to obtain, particularly if you have some gumption like Roselyn. Roselyn was able to find a fast loan for $88000 from Norstar Bank of Maine and The First National Bank of Bar Harbor, but turned down both offers in favor of their emergency loan from Bar Harbor Bank & Trust. 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 improvement in the case that you are in a pinch.

Previous requests on Roselyn’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$135140.00 4 6.3% $3192.39 Fleet Bank of Maine March 5, 2009
$135410.00 6 9.6% $2481.36 Union Trust Company August 25, 2009
$135380.00 6 11.7% $2625.63 Northeast Bank of Sanford May 15, 2010
$135270.00 9 6.6% $1664.45 Bank of Maine, N. A. April 5, 2014

Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans range from $28,000.00 to $46,000.00. They are mainly used to pay off existing high interest loans like credit cards. Roselyn required a debt consolidation loan to pay for their existing emergency loan and their payday loan. Roselyn was able to find a emergency loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.2%.

When Roselyn was 20, they tried to obtain a student loan from 4 different banks, which damaged their credit score. Below is a chronology of Roselyn’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $37,000.00 on February 5, 2014
  • Attempt 2) Loan for $23,000.00 on August 26, 2011
  • Attempt 3) Loan for $28,000.00 on December 13, 2011
  • Attempt 4) Loan for $32,000.00 on October 28, 2011

6 Months in the Past, Roselyn Attempted to Find a High Risk Loan for $39,000.00, and it was Easy

There is an ongoing struggle for borrowers to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Roselyn. Roselyn chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Clients with credit ratings as low as 520 can inquire for a high risk loan and possibly can be accepted.

Paraphrased and Standardized Quote from Roselyn for this emergency loan of $88000, provided by Bar Harbor Bank & Trust

Hello, I am Roselyn and I am from Bar Harbor in Maine. Hancock, county is where I grew up, and now I need a emergency loan in Maine for $88000 to renovate my home. It wasn’t easy, but Bar Harbor Bank & Trust really came through for me with this loan for 6.6% interest APR and a term of 12 years. I can repay the loan over the 12 year term, including interest. A big thanks to Bar Harbor Bank & Trust for giving me a chance and my good credit. It look me 8 years to build my credit to 647, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.

Conclusion of Roselyn’s emergency loan

In the end, Roselyn was able to find an emergency loan for $88000 with an interest rate of 7.8% interest APR from Bar Harbor Bank & Trust in Bar Harbor, Maine repayable over 12 years from now.

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.