$78000 Student Loan – Onancock Virginia, Credit Score Of 581
- Experian: 593 – The client had a fair Experian rating
- Transunion: 566 – Muoi had a fair credit rating with Transunion.
- Equifax: Muoi’s Experian score was 581, which is a fair credit rating using the Experian rating scheme.
Contact Details for Eastern Shore Citizens Bank, the provider of this student loan
- Eastern Shore Citizens Bank
- City: Onancock
- State: Virginia
- Address: Main Street
- County: Accomack
- Zip code: 23417
Muoi’s Transunion score was changed by the student loan loan, changing to 566 from 581, which is normal in our experience.
Muoi has a sad current gross income, but has several of prospects
Muoi has always wanted to be a missionary worker, but would have to attend Ashland Community and Technical College again to achieve it. Muoi has other prospects as well, including marking clerk, water pollution control inspector, and sales representative, which pay $59,000 through to $105,000 per year, on average. Because of this, we think that Muoi can afford this student loan of $78000.
Fast Loans for Muoi in Onancock, Virginia to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Onancock, Virginia aren’t actually that difficult to obtain, especially if you have some gumption like Muoi. Muoi was able to find a fast loan for $78000 from Bank of Clarke County and First Virginia Bank – West, but declined both offers in favor of their student loan from Eastern Shore Citizens Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big improvement in the case that you are in a pinch.
- Full name (Changed if requested): Muoi Mitchan
- Current Credit: loans.hit.utils.Fico@5197848c
- Current City: Onancock
- State: Virginia
- Zip code: 23424
- Yearly income: $60,000
- Current Job: financial planner
- Current County: Accomack
- Goal Yearly Income: $114,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
When Muoi was 23, they attempted to obtain a student loan from 4 different banks, which damaged their credit rating. Below is a list of Muoi’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on December 16, 2013
- Attempt 2) Loan for $25,000.00 on June 13, 2011
- Attempt 3) Loan for $27,000.00 on April 22, 2012
- Attempt 4) Loan for $34,000.00 on September 19, 2011
Signature Loan acquired in Onancock, Virginia for $78000 with fair credit by Muoi
Most prospective borrowers struggle with obtaining signature loans in Onancock, Virginia, and Muoi is not an exception. Muoi went to 7 lenders or more before settling on Eastern Shore Citizens Bank, who offered Muoi a signature loan for $78000. Most signature loans simply need a client, like Muoi’s signature to get them, up to $46,000 in some cases. Muoi was able to get $78000 as a student loan, which is very high for a student loan. Since signature loans don’t require a cosigner, these loans generally require improved credit, as high as 733
7 Months Ago, Muoi Attempted Finding a High Risk Loan for $48,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for clients to find high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Muoi. Muoi decided not to get a high risk loan this time. High Risk loans are given to bad credit applicants. Clients with credit ratings as low as 404 can apply for a high risk loan and possibly can be approved.
Muoi’s Overall FICO score at the time of acceptance for a student loan, taking into account their financial planner job and their future job as a missionary worker
Muoi was rejected by Bank of McKenney 7 times before being approved by Eastern Shore Citizens Bank at Main Street
On February 18, 2009, Muoi applied about borrowing $27,000 from First Virginia Bank – West with Pasty, their friend from just outside Onancock, and even with the co-signer, Muoi was rejected for this student loan. With fair credit, it can be challenging to procure financing, even with collateral and a co-signer.
Before applying for this student loan, Muoi had an Experian score of 593, which is fair, so Eastern Shore Citizens Bank likely cannot provide Muoi a student loan
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $28,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Muoi required a debt consolidation loan to pay for their existing student loan and their loan shark loan. Muoi was able to find a student loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your less desirable, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 4.6%.
Paraphrased and Standardized Quote from Muoi for this student loan of $78000, provided by Eastern Shore Citizens Bank
Hi, I am Muoi and my hometown is Onancock in Virginia. Accomack, county is where I grew up, and now I need a student loan in Virginia for $78000 to pay bills. It wasn’t easy, but Eastern Shore Citizens Bank really came through for me with this loan for 9.1% interest APR and a term of 14 years. I can probably repay the loan over the 14 year term, including interest. A big thanks to Eastern Shore Citizens Bank for giving me a chance and my fair credit. It look me 5 years to create my credit to 581, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
Installment loan for Muoi, a graduate of Ashland Community and Technical College and a financial planner working for over $64,000 per year
Muoi, an alumnus at Ashland Community and Technical College and a financial planner in Onancock, Virginia needs a student loan to purchase a house. Muoi has instead decided to obtain an installment loan for $7,000 and is currently seeking lenders like Bank of Powhatan to process their request.
Personal Loan for a financial planner named Muoi in Onancock, Virginia to Pay Off First National Bank Maximum Rewards Visa Card
Muoi had a tonne of credit card debt on their Hawaiian Airlines World Elite MasterCard and their DISTANCIA Visa Secured Card, and they were starting to get in over their heads. Despite Muoi’s job as a financial planner, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Many previous requests for credit have been made by Muoi in the past, including one from First Oak Brook Bank/Addison in Onancock, Virginia before Muoi was accepted for the $78000 by Eastern Shore Citizens Bank
Muoi made 9 previous attempts to obtain a student loan, 2 of which were with First Oak Brook Bank/Addison, a lender in Onancock, Virginia known to specialize in student loans specifically. Before finding Eastern Shore Citizens Bank, Muoi was very concerned due to their inexperience and fair credit rating.
Previous requests on Muoi’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$145460.00||8||10.8%||$2269.29||Citizens Bank and Trust Company||December 13, 2012|
|$144590.00||6||7.1%||$2472.06||Peoples Community Bank||June 4, 2014|
|$144660.00||4||7.3%||$3484.23||Crestar Bank||April 28, 2015|
|$145310.00||3||5.3%||$4374.67||The Merchants and Farmers Bank||June 17, 2015|
Conclusion of Muoi’s student loan
In the end, Muoi was able to find a student loan for $78000 with an interest rate of 9.5% interest APR from Eastern Shore Citizens Bank in Onancock, Virginia repayable over 14 years from today.