$90000 Unsecured Loan – Madisonville Kentucky, Credit Rating Of 646
- Experian: 658 – This client had a good Experian rating
- Transunion: 631 – Genna had a good credit score with Transunion.
- Equifax: Genna’s Experian score was 646, which is a good credit rating with the Experian scale.
When Genna was 24, they tried to obtain a student loan from 4 different lenders, which harmed their credit rating. Below is a chronology of Genna’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on March 12, 2011
- Attempt 2) Loan for $32,000.00 on May 30, 2011
- Attempt 3) Loan for $33,000.00 on June 27, 2011
- Attempt 4) Loan for $38,000.00 on August 12, 2010
Many previous requests for credit have been made by Genna in the past, including one from Hill Financial Savings and Loan Association in Madisonville, Kentucky before Genna was accepted for the $90000 by First Federal Savings Bank of Kentucky
Genna made 6 previous attempts to obtain an unsecured loan, 2 of which were with Hill Financial Savings and Loan Association, a lending institution in Madisonville, Kentucky known to specialize in unsecured loans specifically. Before finding First Federal Savings Bank of Kentucky, Genna was desperate due to their inexperience and good credit rating.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $24,000.00 to $49,000.00. They are typically used to pay off existing high interest loans like credit cards. Genna needed a debt consolidation loan to pay for their existing unsecured loan and their credit card. Genna was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.8%.
Signature Loan found in Madisonville, Kentucky for $90000 with good credit by Genna
Many prospective borrowers have difficulty with finding signature loans in Madisonville, Kentucky, and Genna is no different. Genna went to 4 lenders or more prior to settling on First Federal Savings Bank of Kentucky, who offered Genna a signature loan for $90000. Typical signature loans simply need a client, like Genna’s signature to obtain them, up to $30,000 in some cases. Genna was able to get $90000 as a unsecured loan, which is very high for an unsecured loan. Because signature loans don’t need a cosigner, they generally require better credit, as high as 700
Before applying for this unsecured loan, Genna had an Experian score of 658, which is good, so First Federal Savings Bank of Kentucky probably cannot provide Genna an unsecured loan
Fast Loans for Genna in Madisonville, Kentucky to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Madisonville, Kentucky aren’t actually that difficult to obtain, especially if you have some gumption like Genna. Genna was able to find a fast loan for $90000 from Farmers Deposit Bank and Jackson County Bank, but turned down both offers in favor of their unsecured loan from First Federal Savings Bank of Kentucky. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. Much better if you are in a time sensitive situation.
Previous requests on Genna’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$56870.00||5||7.7%||$1144.97||Stock Yards Bank & Trust Company||August 25, 2010|
|$57350.00||4||5.4%||$1331.15||Farmers Deposit Bank of Brandenburg||March 7, 2012|
|$57170.00||3||11.4%||$1882.52||Citizens Bank||November 13, 2012|
|$57410.00||9||7.6%||$735.56||Citizens Bank & Trust Company, Burgin, Kentucky||January 5, 2014|
Contact Details for First Federal Savings Bank of Kentucky, the provider of this unsecured loan
- First Federal Savings Bank of Kentucky
- City: Madisonville
- State: Kentucky
- Address: 108 So Main Street
- County: Hopkins
- Zip code: 42431
Genna was not approved by Ascencia Bank 7 times prior to being approved by First Federal Savings Bank of Kentucky at 108 So Main Street
On January 6, 2010, Genna applied about borrowing $22,000 from Bank of Hindman with Edward, their friend from just outside Madisonville, and even with the co-signer, Genna was rejected for this unsecured loan. With good credit, it can be very hard to procure financing, even with collateral and a co-signer.
Personal Loan for a motion picture projectionist named Genna in Madisonville, Kentucky to Pay Off MCU Visa Platinum
Genna had a tonne of credit card debt on their Porsche Club of America Visa Card and their Phillips 66, and they were starting to get in over their heads. Despite Genna’s job as a motion picture projectionist, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Genna’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their motion picture projectionist job and their future job as a materials inspector
Paraphrased and Standardized Quote from Genna for this unsecured loan of $90000, provided by First Federal Savings Bank of Kentucky
Hi, I am Genna and I am from Madisonville in Kentucky. Hopkins, county is where I grew up, and now I need a unsecured loan in Kentucky for $90000 to renovate my home. It has been difficult, but First Federal Savings Bank of Kentucky really came through for me with this loan for 8.4% interest APR and a term of 11 years. I will repay the loan over the 11 year term, including interest. A big thanks to First Federal Savings Bank of Kentucky for trusting me and my good credit. It look me 6 years to create my credit to 646, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.
Installment loan for Genna, a graduate of Indiana Wesleyan University and a motion picture projectionist working for over $78,000 per year
Genna, an alumnus at Indiana Wesleyan University and a motion picture projectionist in Madisonville, Kentucky wants an unsecured loan to purchase a new cell phone. Genna has instead chosen to get an installment loan for $4,000 and is at present seeking lenders like Hyden Citizens Bank to process their request.
Genna’s Transunion score was changed by the unsecured loan loan, changing to 631 from 646, which is normal in our experience.
Genna has a low current yearly income, but has a large amount of prospects
Genna has always wanted to be a materials inspector, but would need attend Indiana Wesleyan University again to achieve it. Genna has other possibilities as well, including insulation installer, medical insurance claims analyst, and railroad inspector, which pay $57,000 through to $94,000 per year, on average. For this reason, we believe that Genna can afford this unsecured loan of $90000.
9 Months Ago, Genna Tried Finding a High Risk Loan for $32,000.00, and it was Easy
There is an existing struggle for borrowers to get high risk loans in a non-harmful way. Many high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Genna. Genna chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit clients. Clients with credit scores as low as 320 can inquire for a high risk loan and have a chance to be approved.
- Full name (Changed if requested): Genna Lafevers
- Current Credit: loans.hit.utils.Fico@4e515669
- Current City: Madisonville
- State: Kentucky
- Zip code: 42433
- Yearly income: $45,000
- Current Job: motion picture projectionist
- Current County: Hopkins
- Goal Yearly Income: $109,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Conclusion of Genna’s unsecured loan
In the end, Genna was able to find an unsecured loan for $90000 with an interest rate of 11.1% interest APR from First Federal Savings Bank of Kentucky in Madisonville, Kentucky repayable over 11 years from today.