$56000 Unsecured Loan – Bloomington Indiana, Credit Rating Of 452
- Experian: 465 – This individual had a bad Experian rating
- Transunion: 437 – Blossom had a bad credit rating with Transunion.
- Equifax: Blossom’s Experian score was 452, which is a bad credit score using the Experian rating scheme.
Personal Loan for a retail store manager named Blossom in Bloomington, Indiana to Pay Off Pink Ribbon BankAmericard Cash Rewards Visa Signature Card Benefitting Susan G. Komen For the Cure
Blossom had a tonne of credit card debt on their PenFed Defender Visa Signature Card and their Zions Bank AmaZing Cash Credit Card, and they were starting to get in over their heads. Despite Blossom’s job as a retail store manager, they struggled to make payments on the $28,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Previous requests on Blossom’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$44600.00||5||6.2%||$866.4||The Citizens Exchange Bank||October 3, 2009|
|$45440.00||3||9.1%||$1447.1||Alliance Bank||March 18, 2012|
|$44730.00||7||11.6%||$780.07||Farmers State Bank||September 18, 2014|
|$45400.00||6||6.2%||$756.7||First United Bank, National Association||October 24, 2014|
Installment loan for Blossom, a graduate of Virginia Commonwealth University and a retail store manager working for over $67,000 per year
Blossom, an alumnus at Virginia Commonwealth University and a retail store manager in Bloomington, Indiana needs an unsecured loan to purchase something frivolous. Blossom has instead decided to obtain an installment loan for $17,000 and is currently seeking lenders like State Bank of Lizton to process their request.
Paraphrased and Standardized Quote from Blossom for this unsecured loan of $56000, provided by ONB Bloomington, National Association
Hi, I am Blossom and I’m from Bloomington in Indiana. Monroe, county is where I grew up, and now I need a unsecured loan in Indiana for $56000 to pay bills. It wasn’t easy, but ONB Bloomington, National Association really came through for me with this loan for 11.8% interest APR and a term of 21 years. I can repay the loan over the 21 year term, including interest. A big thanks to ONB Bloomington, National Association for giving me a chance and my bad credit. It look me 6 years to create my credit to 452, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for helping me this far.
Blossom was not approved by Alexandria Banking Company 7 times before being approved by ONB Bloomington, National Association at 121 East Kirkwood Avenue
On September 18, 2009, Blossom applied about borrowing $26,000 from Farmers State Bank Rush County with Angle, their in law from just outside Bloomington, and even with the co-signer, Blossom was rejected for this unsecured loan. With bad credit, it can be challenging to procure financing, even with collateral and a co-signer.
Blossom’s Transunion score was changed by the unsecured loan loan, changing to 437 from 452, which is normal in our experience.
8 Months Ago, Blossom Tried to Find a High Risk Loan for $28,000.00, and it was Hard
There is an existing struggle for clients to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Blossom. Blossom decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Clients with credit ratings as low as 489 can inquire for a high risk loan and may be be accepted.
Blossom’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their retail store manager job and their future career as a home health aide
Signature Loan easily acquired in Bloomington, Indiana for $56000 with bad credit by Blossom
Most borrowers have difficulty with finding signature loans in Bloomington, Indiana, and Blossom is no different. Blossom went to 4 lenders or more before settling on ONB Bloomington, National Association, who offered Blossom a signature loan for $56000. Typical signature loans simply need a client, like Blossom’s signature to obtain them, up to $31,000 in some cases. Blossom was able to get $56000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans don’t need collateral, these loans generally require better credit, as high as 786
- Full name (Changed if requested): Blossom Brakke
- Current Credit: loans.hit.utils.Fico@50040f0c
- Current City: Bloomington
- State: Indiana
- Zip code: 47413
- Yearly income: $37,000
- Current Job: retail store manager
- Current County: Monroe
- Goal Yearly Income: $94,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Several past requests for credit have been made by Blossom in the past, including one from San Clemente Federal Savings Bank in Bloomington, Indiana before Blossom was accepted for the $56000 by ONB Bloomington, National Association
Blossom made 9 prior attempts to obtain an unsecured loan, 2 of which were with San Clemente Federal Savings Bank, a lender in Bloomington, Indiana known to specialize in unsecured loans specifically. Prior to finding ONB Bloomington, National Association, Blossom was concerned due to their inexperience and bad credit score.
Contact Details for ONB Bloomington, National Association, the provider of this unsecured loan
- ONB Bloomington, National Association
- City: Bloomington
- State: Indiana
- Address: 121 East Kirkwood Avenue
- County: Monroe
- Zip code: 47408
Fast Loans for Blossom in Bloomington, Indiana to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Bloomington, Indiana aren’t actually that difficult to obtain, particularly if you have some gumption like Blossom. Blossom was able to find a fast loan for $56000 from Farmers Loan and Trust Company and Citizens Banking Company, but declined both offers in favor of their unsecured loan from ONB Bloomington, National Association. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. Much better if a borrower is in a pinch.
When Blossom was 24, they tried to obtain a student loan from 4 different lenders, which damaged their credit rating. Below is a list of Blossom’s previous attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on February 21, 2009
- Attempt 2) Loan for $26,000.00 on August 25, 2011
- Attempt 3) Loan for $36,000.00 on December 24, 2009
- Attempt 4) Loan for $30,000.00 on April 13, 2012
Blossom has a disappointing current total income, but has several of prospects
Blossom has always wanted to be a home health aide, but would have to attend Virginia Commonwealth University again to achieve it. Blossom has other possibilities as well, including nursing professor, automotive body repairer, and library consultant, which pay $57,000 through to $101,000 per year, on average. For this reason, we believe that Blossom can pay for this unsecured loan of $56000.
Before applying for this unsecured loan, Blossom had an Experian score of 465, which is bad, so ONB Bloomington, National Association probably cannot provide Blossom an unsecured loan
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $39,000.00 to $56,000.00. They are normally used to pay off existing high interest loans like credit cards. Blossom needed a debt consolidation loan to pay for their existing unsecured loan and their credit card. Blossom was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.3%.
Conclusion of Blossom’s unsecured loan
In the end, Blossom was able to find an unsecured loan for $56000 with an interest rate of 8.1% interest APR from ONB Bloomington, National Association in Bloomington, Indiana repayable over 21 years from today.