$52000 Debt Consolidation Loan – Watford City North Dakota, Credit Score Of 576
- Experian: 591 – They had a fair Experian score
- Transunion: 564 – Rosemary had a fair credit rating with Transunion.
- Equifax: Rosemary’s Experian score was 576, which is a fair credit rating using the Experian rating scheme.
- Full name (Changed if requested): Rosemary Ashland
- Current Credit: loans.hit.utils.Fico@377dca04
- Current City: Watford City
- State: North Dakota
- Zip code: 58855
- Yearly income: $59,000
- Current Job: job analyst
- Current County: Mckenzie
- Goal Yearly Income: $85,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Rosemary’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their job analyst job and their future career as an airline flight attendant
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans vary from $36,000.00 to $53,000.00. They are mainly used to pay off existing high interest loans like credit cards. Rosemary required a debt consolidation loan to pay for their existing debt consolidation loan and their payday loan. Rosemary was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.8%.
Multiple previous requests for credit have been made by Rosemary in the past, including one from First State Bank in Watford City, North Dakota before Rosemary was accepted for the $52000 by First International Bank & Trust
Rosemary made 4 previous attempts to obtain a debt consolidation loan, 2 of which were with First State Bank, a lender in Watford City, North Dakota known to specialize in debt consolidation loans specifically. Before finding First International Bank & Trust, Rosemary was concerned due to their inexperience and fair credit score.
Signature Loan found in Watford City, North Dakota for $52000 with fair credit by Rosemary
Most prospective borrowers struggle with obtaining signature loans in Watford City, North Dakota, and Rosemary is no different. Rosemary went to 7 lending institutions or more before finding First International Bank & Trust, who offered Rosemary a signature loan for $52000. Most signature loans simply require a client, like Rosemary’s signature to obtain them, up to $41,000 in some cases. Rosemary was able to get $52000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not need a cosigner, they tend to need improved credit, as high as 792
Rosemary has a low current total income, but has several of prospects
Rosemary has always wanted to be an airline flight attendant, but would have to attend University of Phoenix again to become one. Rosemary has other possibilities as well, including environmental planner, license clerk, and sales representative, which pay $50,000 through to $96,000 per year, on average. For this reason, we believe that Rosemary can pay for this debt consolidation loan of $52000.
Previous requests on Rosemary’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$101440.00||8||7.3%||$1398.2||American State Bank of New England||August 21, 2013|
|$101150.00||5||10.4%||$2169.1||First American Bank & Trust of Carrington||October 5, 2013|
|$101150.00||4||7.8%||$2459.88||Kulm State Bank||August 11, 2014|
|$101220.00||3||8.6%||$3199.96||Bremer Bank, National Association||June 6, 2015|
|$101400.00||11||7.3%||$1119.66||First American Bank of Larimore||August 13, 2015|
Personal Loan for a job analyst named Rosemary in Watford City, North Dakota to Pay Off Berkshire Municipal Bank Visa Business Bonus Rewards PLUS Card
Rosemary had a tonne of credit card debt on their Baltimore Orioles Extra Bases Credit Card and their Saint Leo University Credit Card, and they were starting to get in over their heads. Despite Rosemary’s job as a job analyst, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Rosemary was rejected by First National Bank 4 times before being accepted by First International Bank & Trust at 100 North Main Street
On January 8, 2011, Rosemary inquired about borrowing $49,000 from Norwest Bank Bismarck, National Association with David, their friend from just outside Watford City, and even with the co-signer, Rosemary was rejected for this debt consolidation loan. With fair credit, it can be difficult to procure funding, even with collateral and a co-signer.
Before applying for this debt consolidation loan, Rosemary had an Experian score of 591, which is fair, so First International Bank & Trust most likely can provide Rosemary a debt consolidation loan
Installment loan for Rosemary, a graduate of University of Phoenix and a job analyst working for over $78,000 per year
Rosemary, an alumnus at University of Phoenix and a job analyst in Watford City, North Dakota wants a debt consolidation loan to purchase a new cell phone. Rosemary has instead chosen to get an installment loan for $8,000 and is currently seeking lenders like American State Bank of New England to provide it.
Fast Loans for Rosemary in Watford City, North Dakota to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Watford City, North Dakota aren’t actually that difficult to obtain, especially if you have some gumption like Rosemary. Rosemary was able to find a fast loan for $52000 from Great Plains National Bank and First International Bank & Trust, National Association, but declined both offers in favor of their debt consolidation loan from First International Bank & Trust. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. An improvement if you are on the go.
Rosemary’s Transunion score was changed by the debt consolidation loan loan, changing to 564 from 576, which is typical in our experience.
6 Months in the Past, Rosemary Tried Finding a High Risk Loan for $38,000.00, and it was Hard
There is an well known struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Rosemary. Rosemary chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit individuals. Borrowers with credit ratings as low as 355 can apply for a high risk loan and may be be approved.
When Rosemary was 22, they attempted to obtain a student loan from 5 alternate lenders, which harmed their credit score. Below is a chronology of Rosemary’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on November 7, 2009
- Attempt 2) Loan for $39,000.00 on December 7, 2008
- Attempt 3) Loan for $33,000.00 on December 17, 2009
- Attempt 4) Loan for $28,000.00 on October 21, 2008
- Attempt 5) Loan for $31,000.00 on May 6, 2013
Paraphrased and Standardized Quote from Rosemary for this debt consolidation loan of $52000, provided by First International Bank & Trust
Hello, I am Rosemary and my hometown is Watford City in North Dakota. Mckenzie, county is where I grew up, and now I need a debt consolidation loan in North Dakota for $52000 to buy a car. It has been difficult, but First International Bank & Trust really came through for me with this loan for 10.6% interest APR and a term of 8 years. I will repay the loan over the 8 year term, including interest. A big thanks to First International Bank & Trust for giving me a chance and my fair credit. It look me 8 years to build my credit to 576, and I won’t harm it any more. I am pleased with Find Texas Loans for helping me this far.
Contact Details for First International Bank & Trust, the provider of this debt consolidation loan
- First International Bank & Trust
- City: Watford City
- State: North Dakota
- Address: 100 North Main Street
- County: Mckenzie
- Zip code: 58854
Conclusion of Rosemary’s debt consolidation loan
In the end, Rosemary was able to find a debt consolidation loan for $52000 with an interest rate of 9.7% interest APR from First International Bank & Trust in Watford City, North Dakota repayable over 8 years from today.