$176000 Secured Loan – Jamestown New York, Credit Score Of 737
- Experian: 748 – They had an excellent Experian score
- Transunion: 724 – Felice had an excellent credit score with Transunion.
- Equifax: Felice’s Experian score was 737, which is an excellent credit rating using the Experian rating scheme.
Fast Loans for Felice in Jamestown, New York to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Jamestown, New York aren’t actually that difficult to obtain, particularly if you have some gumption like Felice. Felice was able to find a fast loan for $176000 from HSBC Bank USA and Fleet Bank of New York, National Association, but declined both offers in favor of their secured loan from THE FIRST NATIONAL BANK OF JAMESTOWN. The improvement 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 debt consolidation loans. An improvement in the case that you are in a time sensitive situation.
Multiple other requests for credit have been made by Felice in the past, including one from First Trust & Savings Bank of Albany, Illinois in Jamestown, New York before Felice was approved for the $176000 by THE FIRST NATIONAL BANK OF JAMESTOWN
Felice made 7 previous attempts to obtain a secured loan, 2 of which were with First Trust & Savings Bank of Albany, Illinois, a lender in Jamestown, New York known to specialize in secured loans specifically. Before finding THE FIRST NATIONAL BANK OF JAMESTOWN, Felice was desperate due to their inexperience and excellent credit rating.
Felice was not approved by Lewis County Trust Company 6 times before being approved by THE FIRST NATIONAL BANK OF JAMESTOWN at 2 East Third Street
On August 18, 2011, Felice inquired about borrowing $23,000 from The State Bank of Belmont with Julio, their friend from just outside Jamestown, and even with the co-signer, Felice was rejected for this secured loan. With excellent credit, it can be challenging to procure funding, even with collateral and a co-signer.
Previous requests on Felice’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$118840.00||8||9.3%||$1759.58||Bankers Trust Company of Albany, National Association||December 24, 2010|
|$119270.00||9||9.5%||$1647.04||Montgomery County Trust Company||November 15, 2012|
|$118630.00||9||5.1%||$1372.02||Bank of Avoca||August 25, 2013|
|$119220.00||11||5.7%||$1217.8||The State Bank of Belmont||October 7, 2013|
Paraphrased and Standardized Quote from Felice for this secured loan of $176000, provided by THE FIRST NATIONAL BANK OF JAMESTOWN
Hi, I am Felice and my hometown is Jamestown in New York. Chautauqua, county is where I grew up, and now I need a secured loan in New York for $176000 to pay bills. It wasn’t easy, but THE FIRST NATIONAL BANK OF JAMESTOWN really came through for me with this loan for 8.2% interest APR and a term of 16 years. I will repay the loan over the 16 year term, including interest. A big thanks to THE FIRST NATIONAL BANK OF JAMESTOWN for giving me a chance and my excellent credit. It look me 4 years to build my credit to 737, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.
Personal Loan for a cost analysis engineer named Felice in Jamestown, New York to Pay Off Five Star Bank Cash Rewards American Express Card
Felice had a lot of credit card debt on their Farm Bureau Bank Platinum MasterCard and their AeroMexico Visa Secured Card, and they were starting to get in over their heads. Despite Felice’s job as a cost analysis engineer, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Before applying for this secured loan, Felice had an Experian score of 748, which is excellent, so THE FIRST NATIONAL BANK OF JAMESTOWN likely cannot provide Felice a secured loan
Installment loan for Felice, a graduate of Grace University and a cost analysis engineer working for over $70,000 per year
Felice, an alumnus at Grace University and a cost analysis engineer in Jamestown, New York needs a secured loan to purchase a car. Felice has instead decided to get an installment loan for $16,000 and is at present seeking lenders like Partners Trust Municipal Bank to process their request.
Felice’s Overall FICO score at the time of acceptance for a secured loan, taking into account their cost analysis engineer job and their future job as an occupational therapist
When Felice was 21, they tried to obtain a student loan from 4 alternate lenders, which damaged their credit score. Below is a list of Felice’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on December 8, 2012
- Attempt 2) Loan for $23,000.00 on August 7, 2010
- Attempt 3) Loan for $22,000.00 on August 23, 2012
- Attempt 4) Loan for $35,000.00 on November 27, 2011
7 Months in the Past, Felice Tried to Find a High Risk Loan for $35,000.00, and it was Hard
It is an existing struggle for borrowers to find high risk loans in a non-harmful way. Many high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Felice. Felice decided not to obtain 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 scores as low as 519 can inquire for a high risk loan and possibly can be accepted.
Felice’s Transunion score was changed by the secured loan loan, changing to 724 from 737, which is typical in our experience.
- Full name (Changed if requested): Felice Scotty
- Current Credit: loans.hit.utils.Fico@26a1ab54
- Current City: Jamestown
- State: New York
- Zip code: 14706
- Yearly income: $36,000
- Current Job: cost analysis engineer
- Current County: Chautauqua
- Goal Yearly Income: $87,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $31,000.00 to $56,000.00. They are mainly used to pay off existing high interest loans like credit cards. Felice needed a debt consolidation loan to pay for their existing secured loan and their credit card. Felice was able to find a secured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 2.7%.
Felice has a low current total income, but has a high number of prospects
Felice has always wanted to be an occupational therapist, but would need attend Grace University again to achieve it. Felice has other prospects as well, including bulldozer / grader operator, computer programmer, and forestry and conservation professor, which pay $58,000 through to $105,000 per year, at least. For this reason, we believe that Felice can afford this secured loan of $176000.
Signature Loan found in Jamestown, New York for $176000 with excellent credit by Felice
Many borrowers struggle with obtaining signature loans in Jamestown, New York, and Felice is the same. Felice went to 7 lending institutions or more prior to finding THE FIRST NATIONAL BANK OF JAMESTOWN, who offered Felice a signature loan for $176000. Most signature loans simply need a client, like Felice’s signature to get them, up to $34,000 in some cases. Felice was able to get $176000 as a secured loan, which is very high for a secured loan. Since signature loans don’t require collateral, they generally need better credit, as high as 778
Contact Details for THE FIRST NATIONAL BANK OF JAMESTOWN, the provider of this secured loan
- THE FIRST NATIONAL BANK OF JAMESTOWN
- City: Jamestown
- State: New York
- Address: 2 East Third Street
- County: Chautauqua
- Zip code: 14701
Conclusion of Felice’s secured loan
In the end, Felice was able to find a secured loan for $176000 with an interest rate of 10.8% interest APR from THE FIRST NATIONAL BANK OF JAMESTOWN in Jamestown, New York repayable over 16 years from now.