$132000 Consolidation Loan – Seneca Falls New York, Credit Rating Of 543
- Experian: 558 – This individual had a fair Experian score
- Transunion: 525 – Adelina had a fair credit rating with Transunion.
- Equifax: Adelina’s Experian score was 543, which is a fair credit rating on the Experian system.
- Full name (Changed if requested): Adelina Mcneilly
- Current Credit: loans.hit.utils.Fico@506c589e
- Current City: Seneca Falls
- State: New York
- Zip code: 13157
- Yearly income: $33,000
- Current Job: radiologist
- Current County: Seneca
- Goal Yearly Income: $110,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Signature Loan found in Seneca Falls, New York for $132000 with fair credit by Adelina
A lot of borrowers have difficulty with obtaining signature loans in Seneca Falls, New York, and Adelina is the same. Adelina went to 5 lending institutions or more prior to finding The State Bank of Seneca Falls, N.Y., who offered Adelina a signature loan for $132000. Typical signature loans simply need a client, like Adelina’s signature to obtain them, up to $47,000 in some cases. Adelina was able to get $132000 as a consolidation loan, which is very high for a consolidation loan. Because signature loans don’t require collateral, they generally need better credit, as high as 761
Installment loan for Adelina, a graduate of University of Phoenix and a radiologist working for over $61,000 per year
Adelina, an alumnus at University of Phoenix and a radiologist in Seneca Falls, New York needs a consolidation loan to purchase something frivolous. Adelina has instead decided to get an installment loan for $15,000 and is at present seeking lenders like First State Bank to provide it.
Adelina has a very low current total income, but has a large amount of prospects
Adelina has always wanted to be a legislative assistant, but would have to attend University of Phoenix again to become one. Adelina has other prospects as well, including furniture designer, communication equipment mechanic, and welder, which pay $53,000 through to $108,000 per year, on average. Because of this, we think that Adelina can afford this consolidation loan of $132000.
Contact Details for The State Bank of Seneca Falls, N.Y., the provider of this consolidation loan
- The State Bank of Seneca Falls, N.Y.
- City: Seneca Falls
- State: New York
- Address: 54 Fall Street
- County: Seneca
- Zip code: 13148
Adelina’s Transunion score was changed by the consolidation loan loan, changing to 525 from 543, which is normal in our experience.
Adelina’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their radiologist job and their future job as a legislative assistant
When Adelina was 22, they attempted to obtain a student loan from 4 different banks, which harmed their credit score. Below is a chronology of Adelina’s previous attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on February 17, 2010
- Attempt 2) Loan for $38,000.00 on January 9, 2009
- Attempt 3) Loan for $31,000.00 on July 29, 2009
- Attempt 4) Loan for $24,000.00 on October 22, 2009
Previous requests on Adelina’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$85170.00||5||6.8%||$1678.44||Bankers Trust Company of Albany, National Association||August 13, 2011|
|$84630.00||8||9.7%||$1270.79||Montgomery County Trust Company||April 17, 2012|
|$85440.00||6||10.1%||$1587.16||Bank of Avoca||June 10, 2013|
|$85230.00||10||6.3%||$959.12||The State Bank of Belmont||June 16, 2013|
|$84820.00||5||8.7%||$1748.4||Fleet Bank of New York, National Association||December 26, 2013|
Paraphrased and Standardized Quote from Adelina for this consolidation loan of $132000, provided by The State Bank of Seneca Falls, N.Y.
Hello, I am Adelina and I’m from Seneca Falls in New York. Seneca, county is where I grew up, and now I need a consolidation loan in New York for $132000 to pay bills. It has been difficult, but The State Bank of Seneca Falls, N.Y. really came through for me with this loan for 9.4% interest APR and a term of 14 years. I can repay the loan over the 14 year term, including interest. A big thanks to The State Bank of Seneca Falls, N.Y. for trusting me and my fair credit. It look me 9 years to create my credit to 543, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Personal Loan for a radiologist named Adelina in Seneca Falls, New York to Pay Off UMB Bank Dynamics ePlate VISA
Adelina had a lot of credit card debt on their Synovus Purchase Perks Visa Platinum Credit Card and their BrandsMart U.S.A. Credit Card, and they were starting to get in over their heads. Despite Adelina’s job as a radiologist, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $39,000.00 to $59,000.00. They are mainly used to pay off existing high interest loans like credit cards. Adelina needed a debt consolidation loan to pay for their existing consolidation loan and their loan shark loan. Adelina was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your bad, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.6%.
7 Months in the Past, Adelina Attempted Finding a High Risk Loan for $21,000.00, and it was Hard
It is an ongoing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Adelina. Adelina decided not to get a high risk loan this time. High Risk loans are given to bad credit individuals. Individuals with credit ratings as low as 455 can inquire for a high risk loan and may be be approved.
Before applying for this consolidation loan, Adelina had an Experian score of 558, which is fair, so The State Bank of Seneca Falls, N.Y. likely cannot provide Adelina a consolidation loan
Fast Loans for Adelina in Seneca Falls, New York to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Seneca Falls, New York aren’t actually that difficult to obtain, particularly if you have some gumption like Adelina. Adelina was able to find a fast loan for $132000 from The State Bank of Belmont and IBJ Whitehall Bank & Trust Company, but turned down both offers in favor of their consolidation loan from The State Bank of Seneca Falls, N.Y.. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference in the case that a borrower is in a pinch.
Adelina was declined by Endicott Trust Company 4 times prior to being approved by The State Bank of Seneca Falls, N.Y. at 54 Fall Street
On July 6, 2012, Adelina inquired about borrowing $25,000 from Amalgamated Bank with Larita, their in law from just outside Seneca Falls, and even with the co-signer, Adelina was rejected for this consolidation loan. With fair credit, it can be challenging to obtain funding, even with collateral and a co-signer.
Several previous requests for credit have been made by Adelina in the past, including one from The National Bank of Georgia in Seneca Falls, New York before Adelina was accepted for the $132000 by The State Bank of Seneca Falls, N.Y.
Adelina made 6 previous attempts to obtain a consolidation loan, 2 of which were with The National Bank of Georgia, a bank in Seneca Falls, New York known to specialize in consolidation loans specifically. Before finding The State Bank of Seneca Falls, N.Y., Adelina was concerned due to their inexperience and fair credit rating.
Conclusion of Adelina’s consolidation loan
In the end, Adelina was able to find a consolidation loan for $132000 with an interest rate of 10.2% interest APR from The State Bank of Seneca Falls, N.Y. in Seneca Falls, New York repayable over 14 years from now.