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Unsecured Loan Of $44000 For Excellent Credit Arizona Resident

$44000 Unsecured Loan – Avondale Arizona, Credit Score Of 802

  • Experian: 819 – They had an excellent Experian rating
  • Transunion: 789 – Ling had an excellent credit score with Transunion.
  • Equifax: Ling’s Experian score was 802, which is an excellent credit rating on the Experian system.

Fast Loans for Ling in Avondale, Arizona to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Avondale, Arizona aren’t actually that difficult to obtain, particularly if you have some gumption like Ling. Ling was able to find a fast loan for $44000 from The Camel Bank, Incorporated and Bank One, Arizona, National Association, but declined both offers in favor of their unsecured loan from Columbia 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 7 weeks for installment loans. A big difference in the case that you are in a pinch.

Client Profile: Ling Wakita of Avondale, Arizona
  • Full name (Changed if requested): Ling Wakita
  • Current Credit: loans.hit.utils.Fico@c4437c4
  • Current City: Avondale
  • State: Arizona
  • Zip code: 85332
  • Yearly income: $35,000
  • Current Job: film editor
  • Current County: Maricopa
  • Goal Yearly Income: $118,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000

Contact Details for Columbia Bank, the provider of this unsecured loan

  • Columbia Bank
  • City: Avondale
  • State: Arizona
  • Address: 11 West Van Buren
  • County: Maricopa
  • Zip code: 85323

9 Months Ago, Ling Attempted to Find a High Risk Loan for $21,000.00, and it was Hard

It is an existing struggle for borrowers 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 Ling. Ling chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Borrowers with credit ratings as low as 558 can apply for a high risk loan and have a chance to be accepted.

When Ling was 23, they attempted to obtain a student loan from 7 alternate banks, which harmed their credit rating. Below is a chronology of Ling’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $35,000.00 on August 27, 2010
  • Attempt 2) Loan for $32,000.00 on September 29, 2011
  • Attempt 3) Loan for $33,000.00 on February 14, 2012
  • Attempt 4) Loan for $37,000.00 on November 8, 2010
  • Attempt 5) Loan for $20,000.00 on June 1, 2011
  • Attempt 6) Loan for $29,000.00 on February 7, 2013
  • Attempt 7) Loan for $38,000.00 on November 29, 2010

Ling was not approved by Arizona Commerce Bank 5 times prior to being granted funding by Columbia Bank at 11 West Van Buren

On February 8, 2011, Ling inquired about borrowing $41,000 from Meridian Bank, National Association with Odelia, their friend from just outside Avondale, and even with the co-signer, Ling was rejected for this unsecured loan. With excellent credit, it can be very hard to procure financing, even with collateral and a co-signer.

Ling’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their film editor job and their future career as an adjustment clerk

Fico Score: 802

Multiple past requests for credit have been made by Ling in the past, including one from Olney Savings Association in Avondale, Arizona before Ling was accepted for the $44000 by Columbia Bank

Ling made 9 previous tries to obtain an unsecured loan, 2 of which were with Olney Savings Association, a lender in Avondale, Arizona known to specialize in unsecured loans specifically. Prior to finding Columbia Bank, Ling was very concerned due to their inexperience and excellent credit score.

Paraphrased and Standardized Quote from Ling for this unsecured loan of $44000, provided by Columbia Bank

Hello, I am Ling and I am from Avondale in Arizona. Maricopa, county is where I grew up, and now I need a unsecured loan in Arizona for $44000 to renovate my home. It wasn’t easy, but Columbia Bank really came through for me with this loan for 7.4% interest APR and a term of 16 years. I will repay the loan over the 16 year term, including interest. A big thanks to Columbia Bank for giving me a chance and my excellent credit. It look me 8 years to build my credit to 802, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.

Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans range from $33,000.00 to $51,000.00. They are normally used to pay off existing high interest loans like credit cards. Ling required a debt consolidation loan to pay for their existing unsecured loan and their credit card. Ling was able to find a unsecured loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.5%.

Previous requests on Ling’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$83130.00 5 10.1% $1770.36 Wells Fargo Bank of Arizona, National Association January 29, 2011
$83450.00 9 7.6% $1069.19 Citibank (Arizona) April 3, 2012
$83310.00 9 10.3% $1186.47 Southern Arizona Bank and Trust Company July 8, 2013
$83170.00 6 10.4% $1557.62 Bank One, Arizona, National Association August 16, 2013
$82850.00 7 7.5% $1270.78 Security Pacific Bank Arizona December 8, 2013

Personal Loan for a film editor named Ling in Avondale, Arizona to Pay Off First Hawaiian Bank Priority Destinations World Elite Business MasterCard

Ling had a lot of credit card debt on their Amalgamated Bank MasterCard Standard Secured and their Tarjeta BankAmericard Power Rewards Visa, and they were starting to get in over their heads. Despite Ling’s job as a film editor, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Signature Loan easily acquired in Avondale, Arizona for $44000 with excellent credit by Ling

A lot of clients struggle with finding signature loans in Avondale, Arizona, and Ling is no exception. Ling went to 5 lending institutions or more before settling on Columbia Bank, who offered Ling a signature loan for $44000. Typical signature loans simply require a client, like Ling’s signature to get them, up to $34,000 in some cases. Ling was able to get $44000 as a unsecured loan, which is very high for an unsecured loan. Because signature loans do not need collateral, these loans generally require better credit, as high as 782

Before applying for this unsecured loan, Ling had an Experian score of 819, which is excellent, so Columbia Bank likely cannot provide Ling an unsecured loan

Experian Score: 819

Ling’s Transunion score was changed by the unsecured loan loan, changing to 789 from 802, which is typical in our experience.

Transunion Score: 789

Installment loan for Ling, a graduate of Central Lakes College and a film editor working for over $70,000 per year

Ling, an alumnus at Central Lakes College and a film editor in Avondale, Arizona needs an unsecured loan to purchase something frivolous. Ling has instead decided to get an installment loan for $6,000 and is currently seeking lenders like Citibank (Arizona) to process their request.

Ling has a sad current total income, but has a high number of prospects

Ling has always wanted to be an adjustment clerk, but would have to attend Central Lakes College again to achieve it. Ling has other possibilities as well, including radiologic technologist, photoengravers, and computer controlled machine tool operator, which pay $52,000 through to $104,000 per year, on average. For this reason, we believe that Ling can pay for this unsecured loan of $44000.

Conclusion of Ling’s unsecured loan

In the end, Ling was able to find an unsecured loan for $44000 with an interest rate of 10.6% interest APR from Columbia Bank in Avondale, Arizona repayable over 16 years from today.

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.