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Unsecured Loan With Low APR In Clarke County, Alabama

$1288000 Unsecured Loan – Grove Hill Alabama, Credit Score Of 603

  • Experian: 620 – The client had a good Experian rating
  • Transunion: 585 – Wanita had a good credit score with Transunion.
  • Equifax: Wanita’s Experian score was 603, which is a good credit rating on the Experian rating scheme.

Personal Loan for an elementary school administrator named Wanita in Grove Hill, Alabama to Pay Off RBC Bank Visa Platinum Credit Card

Wanita had a lot of credit card debt on their American Boating Association Platinum Plus Visa Card with WorldPoints Rewards and their Community National Bank Business Credit Card, and they were starting to get in over their heads. Despite Wanita’s job as an elementary school administrator, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Wanita’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their elementary school administrator job and their future job as a heating

Fico Score: 603

Before applying for this unsecured loan, Wanita had an Experian score of 620, which is good, so First Bank and Trust probably cannot provide Wanita an unsecured loan

Experian Score: 620

Wanita has a very low current total income, but has a large amount of prospects

Wanita has always wanted to be a heating, but would need attend Morgantown Beauty College Inc again to become one. Wanita has other possibilities as well, including nuclear power reactor operator, child life specialist, and technical & scientific publications editor, which pay $53,000 through to $92,000 per year, at least. Because of this, we believe that Wanita can pay for this unsecured loan of $1288000.

When Wanita was 18, they tried to obtain a student loan from 5 different banks, which harmed their credit score. Below is a chronology of Wanita’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $24,000.00 on November 7, 2012
  • Attempt 2) Loan for $31,000.00 on January 12, 2014
  • Attempt 3) Loan for $33,000.00 on April 15, 2010
  • Attempt 4) Loan for $33,000.00 on March 5, 2011
  • Attempt 5) Loan for $21,000.00 on November 10, 2011

Wanita’s Transunion score was changed by the unsecured loan loan, changing to 585 from 603, which is typical in our experience.

Transunion Score: 585

Fast Loans for Wanita in Grove Hill, Alabama to prevent bankruptcy or harm from debt collectors.

Fast loans in Grove Hill, Alabama aren’t actually that difficult to obtain, especially if you have some finesse like Wanita. Wanita was able to find a fast loan for $1288000 from Central Bank of St. Clair County and Jacobs Bank, but declined both offers in favor of their unsecured loan from First Bank and Trust. 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 5 weeks for personal loans. A big difference in the case that a client is on the go.

Installment loan for Wanita, a graduate of Morgantown Beauty College Inc and an elementary school administrator working for over $78,000 per year

Wanita, an alumnus at Morgantown Beauty College Inc and an elementary school administrator in Grove Hill, Alabama wants an unsecured loan to purchase a house. Wanita has instead chosen to get an installment loan for $15,000 and is currently seeking lenders like East Gadsden Bank to provide it.

Client Profile: Wanita Penisson of Grove Hill, Alabama
  • Full name (Changed if requested): Wanita Penisson
  • Current Credit: loans.hit.utils.Fico@1218025c
  • Current City: Grove Hill
  • State: Alabama
  • Zip code: 36456
  • Yearly income: $65,000
  • Current Job: elementary school administrator
  • Current County: Clarke
  • Goal Yearly Income: $120,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Previous requests on Wanita’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$125410.00 3 11.8% $4153.44 AuburnBank April 14, 2011
$125230.00 9 11.8% $1887.43 Bank of the South May 20, 2012
$125200.00 5 9.2% $2611.12 Alabama City Bank of Gadsden, Alabama May 16, 2014
$125410.00 9 5.3% $1462.6 The Exchange Bank, Attalla, Alabama August 3, 2014
$124730.00 7 7.4% $1906.99 Robertson Banking Company September 4, 2014

Signature Loan found in Grove Hill, Alabama for $1288000 with good credit by Wanita

Many prospective borrowers have difficulty with obtaining signature loans in Grove Hill, Alabama, and Wanita is the same. Wanita went to 4 lenders or more prior to finding First Bank and Trust, who offered Wanita a signature loan for $1288000. Typical signature loans simply need a client, like Wanita’s signature to obtain them, up to $24,000 in some cases. Wanita was able to get $1288000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans don’t require a cosigner, these loans tend to need improved credit, as high as 721

Debt Consolidation Can Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans vary from $23,000.00 to $58,000.00. They are typically used to pay off existing high interest loans like credit cards. Wanita needed a debt consolidation loan to pay for their existing unsecured loan and their credit card. Wanita was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your bad, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.6%.

Contact Details for First Bank and Trust, the provider of this unsecured loan

  • First Bank and Trust
  • City: Grove Hill
  • State: Alabama
  • Address: Main And Court Streets
  • County: Clarke
  • Zip code: 36451

Wanita was rejected by Alabama City Bank of Gadsden, Alabama 5 times prior to being granted funding by First Bank and Trust at Main And Court Streets

On November 28, 2009, Wanita inquired about borrowing $6,000 from Central Bank of St. Clair County with Leoma, their friend from just outside Grove Hill, and even with the co-signer, Wanita was rejected for this unsecured loan. With good credit, it can be a challenge to obtain funding, even with collateral and a co-signer.

Several past requests for credit have been made by Wanita in the past, including one from SunTrust Bank, Nashville, National Association in Grove Hill, Alabama before Wanita was accepted for the $1288000 by First Bank and Trust

Wanita made 4 previous attempts to obtain an unsecured loan, 2 of which were with SunTrust Bank, Nashville, National Association, a lending institution in Grove Hill, Alabama known to specialize in unsecured loans specifically. Before finding First Bank and Trust, Wanita was desperate due to their inexperience and good credit score.

Paraphrased and Standardized Quote from Wanita for this unsecured loan of $1288000, provided by First Bank and Trust

Hello, I am Wanita and I’m from Grove Hill in Alabama. Clarke, county is where I grew up, and now I need a unsecured loan in Alabama for $1288000 to buy a big ticket item. It has been difficult, but First Bank and Trust really came through for me with this loan for 11.4% interest APR and a term of 20 years. I can probably repay the loan over the 20 year term, including interest. A big thanks to First Bank and Trust for giving me a chance and my good credit. It look me 4 years to create my credit to 603, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.

9 Months in the Past, Wanita Attempted Finding a High Risk Loan for $44,000.00, and it was Hard

It is an existing struggle for borrowers to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Wanita. Wanita 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 borrowers. Clients with credit scores as low as 356 can inquire for a high risk loan and may be be approved.

Conclusion of Wanita’s unsecured loan

In the end, Wanita was able to find an unsecured loan for $1288000 with an interest rate of 9.8% interest APR from First Bank and Trust in Grove Hill, Alabama repayable over 20 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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