$69000 Same Day Loan – Birmingham Alabama, Credit Rating Of 455
- Experian: 469 – This individual had a bad Experian rating
- Transunion: 438 – Thad had a bad credit score with Transunion.
- Equifax: Thad’s Experian score was 455, which is a bad credit score using the Experian system.
Contact Details for Oakworth Capital Bank, the provider of this same day loan
- Oakworth Capital Bank
- City: Birmingham
- State: Alabama
- Address: 2100 Southbridge Parkway, Suite 444
- County: Jefferson
- Zip code: 35209
Signature Loan acquired in Birmingham, Alabama for $69000 with bad credit by Thad
Most clients have difficulty with finding signature loans in Birmingham, Alabama, and Thad is no exception. Thad went to 4 lending institutions or more prior to settling on Oakworth Capital Bank, who offered Thad a signature loan for $69000. Typical signature loans simply require a client, like Thad’s signature to obtain them, up to $47,000 in some cases. Thad was able to get $69000 as a same day loan, which is very high for a same day loan. Since signature loans do not require a cosigner, these loans tend to require improved credit, as high as 771
Fast Loans for Thad in Birmingham, Alabama to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Birmingham, Alabama aren’t actually that difficult to obtain, especially if you have some finesse like Thad. Thad was able to find a fast loan for $69000 from The Bank of Parrish and Phenix-Girard Bank, but declined both offers in favor of their same day loan from Oakworth Capital Bank. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big difference if a client is in a time sensitive situation.
Paraphrased and Standardized Quote from Thad for this same day loan of $69000, provided by Oakworth Capital Bank
Hi, I am Thad and my hometown is Birmingham in Alabama. Jefferson, county is where I grew up, and now I need a same day loan in Alabama for $69000 to pay bills. It has been difficult, but Oakworth Capital Bank really came through for me with this loan for 9.5% interest APR and a term of 10 years. I can repay the loan over the 10 year term, including interest. A big thanks to Oakworth Capital Bank for trusting me and my bad credit. It look me 8 years to build my credit to 455, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.
Thad was rejected by Phenix-Girard Bank 5 times before being granted funding by Oakworth Capital Bank at 2100 Southbridge Parkway, Suite 444
On December 12, 2011, Thad inquired about borrowing $28,000 from United Bank with Cameron, their in law from just outside Birmingham, and even with the co-signer, Thad was rejected for this same day loan. With bad credit, it can be challenging to obtain financing, even with collateral and a co-signer.
Thad has a low current total income, but has several of prospects
Thad has always wanted to be a newspaper/magazines writer, but would have to attend Moore Norman Technology Center again to become one. Thad has other prospects as well, including physician’s office nurse, civil engineer, and town clerk, which pay $50,000 through to $91,000 per year, at least. Because of this, we think that Thad can afford this same day loan of $69000.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $29,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Thad needed a debt consolidation loan to pay for their existing same day loan and their loan shark loan. Thad was able to find a same day loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which converts your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.8%.
Before applying for this same day loan, Thad had an Experian score of 469, which is bad, so Oakworth Capital Bank likely cannot provide Thad a same day loan
Personal Loan for an obstetrician named Thad in Birmingham, Alabama to Pay Off Atlantic Stewardship Bank Travel Rewards American Express Card
Thad had a tonne of credit card debt on their Peebles Credit Card and their KJAZZ Visa Card, and they were starting to get in over their heads. Despite Thad’s job as an obstetrician, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Thad’s Overall FICO score at the time of acceptance for a same day loan, taking into account their obstetrician job and their future job as a newspaper/magazines writer
Multiple past requests for credit have been made by Thad in the past, including one from Colonial Bank in Birmingham, Alabama before Thad was accepted for the $69000 by Oakworth Capital Bank
Thad made 8 previous attempts to obtain a same day loan, 2 of which were with Colonial Bank, a bank in Birmingham, Alabama known to specialize in same day loans specifically. Before finding Oakworth Capital Bank, Thad was concerned due to their inexperience and bad credit score.
8 Months Ago, Thad Tried Finding a High Risk Loan for $24,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for clients to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Thad. Thad 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 applicants. Clients with credit ratings as low as 354 can inquire for a high risk loan and may be be accepted.
Installment loan for Thad, a graduate of Moore Norman Technology Center and an obstetrician working for over $67,000 per year
Thad, an alumnus at Moore Norman Technology Center and an obstetrician in Birmingham, Alabama needs a same day loan to purchase a car. Thad has instead decided to get an installment loan for $13,000 and is currently seeking lenders like East Gadsden Bank to provide it.
Previous requests on Thad’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$80780.00||5||8.5%||$1657.33||AuburnBank||October 31, 2010|
|$81370.00||6||7.5%||$1406.9||Bank of the South||September 6, 2014|
|$80540.00||10||5.2%||$862.15||Alabama City Bank of Gadsden, Alabama||November 21, 2014|
|$81180.00||3||9.7%||$2608.03||The Exchange Bank, Attalla, Alabama||February 26, 2015|
When Thad was 19, they tried to obtain a student loan from 6 different lenders, which harmed their credit rating. Below is a chronology of Thad’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on October 16, 2009
- Attempt 2) Loan for $27,000.00 on March 8, 2014
- Attempt 3) Loan for $24,000.00 on April 21, 2011
- Attempt 4) Loan for $27,000.00 on March 21, 2010
- Attempt 5) Loan for $25,000.00 on May 19, 2010
- Attempt 6) Loan for $29,000.00 on February 17, 2009
- Full name (Changed if requested): Thad Ketch
- Current Credit: loans.hit.utils.Fico@3941a79c
- Current City: Birmingham
- State: Alabama
- Zip code: 35210
- Yearly income: $47,000
- Current Job: obstetrician
- Current County: Jefferson
- Goal Yearly Income: $116,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Thad’s Transunion score was altered by the same day loan loan, changing to 438 from 455, which is typical in our experience.
Conclusion of Thad’s same day loan
In the end, Thad was able to find a same day loan for $69000 with an interest rate of 9.8% interest APR from Oakworth Capital Bank in Birmingham, Alabama repayable over 10 years from today.