Do you have over $10,000 in Debt? Get Help now.

$84000 Emergency Loan In Knoxville Tennessee With Credit Score 597 For Gala

$84000 Emergency Loan – Knoxville Tennessee, Credit Rating Of 597

  • Experian: 612 – The client had a fair Experian score
  • Transunion: 585 – Gala had a fair credit score with Transunion.
  • Equifax: Gala’s Experian score was 597, which is a fair credit rating on the Experian system.

6 Months Ago, Gala Attempted Finding a High Risk Loan for $39,000.00, but They Didn’t Find What They were Expecting

It is an well known struggle for borrowers to find high risk loans in a non-harmful way. Many high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Gala. Gala 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 applicants. Individuals with credit ratings as low as 371 can apply for a high risk loan and have a chance to be approved.

Personal Loan for a resource teacher named Gala in Knoxville, Tennessee to Pay Off Palais Royal Credit Card

Gala had a tonne of credit card debt on their Speedway SuperFleet Credit Card and their Choice Privileges Visa Signature Card, and they were starting to get in over their heads. Despite Gala’s job as a resource teacher, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Fast Loans for Gala in Knoxville, Tennessee to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Knoxville, Tennessee aren’t actually that difficult to obtain, particularly if you have some finesse like Gala. Gala was able to find a fast loan for $84000 from Peoples and Union Bank and Citizens Bank of Monroe County, but declined both offers in favor of their emergency loan from Valley Fidelity Bank and Trust Company. The improvement with a fast loan over a installment 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 you are in a pinch.

Gala’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their resource teacher job and their future career as a marina boat charter administrator

Fico Score: 597

When Gala was 18, they attempted to obtain a student loan from 6 alternate banks, which damaged their credit rating. Below is a list of Gala’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $35,000.00 on January 19, 2010
  • Attempt 2) Loan for $28,000.00 on November 28, 2011
  • Attempt 3) Loan for $21,000.00 on June 26, 2010
  • Attempt 4) Loan for $26,000.00 on October 29, 2012
  • Attempt 5) Loan for $31,000.00 on March 1, 2011
  • Attempt 6) Loan for $20,000.00 on December 8, 2012

Before applying for this emergency loan, Gala had an Experian score of 612, which is fair, so Valley Fidelity Bank and Trust Company likely can provide Gala an emergency loan

Experian Score: 612

Gala has a disappointing current yearly income, but has a large amount of prospects

Gala has always wanted to be a marina boat charter administrator, but would have to attend South University again to become one. Gala has other possibilities as well, including child support services worker, soil scientist, and securities broker, which pay $55,000 through to $94,000 per year, on average. Because of this, we believe that Gala can pay for this emergency loan of $84000.

Previous requests on Gala’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$96810.00 8 6.4% $1291.16 Citizens Bank July 1, 2013
$96870.00 7 6.5% $1438.46 SunTrust Bank, Chattanooga, National Association January 8, 2015
$97240.00 3 9.1% $3096.73 GreenBank July 6, 2015
$96800.00 4 9.8% $2445.81 CommunityFIRST Bank August 23, 2015

Installment loan for Gala, a graduate of South University and a resource teacher working for over $72,000 per year

Gala, an alumnus at South University and a resource teacher in Knoxville, Tennessee wants an emergency loan to purchase a house. Gala has instead chosen to obtain an installment loan for $19,000 and is at present seeking lenders like The Farmers Bank of Lynchburg to provide it.

Gala’s Transunion score was changed by the emergency loan loan, changing to 585 from 597, which is typical in our experience.

Transunion Score: 585

Signature Loan found in Knoxville, Tennessee for $84000 with fair credit by Gala

A lot of borrowers struggle with obtaining signature loans in Knoxville, Tennessee, and Gala is not an exception. Gala went to 5 lending institutions or more prior to finding Valley Fidelity Bank and Trust Company, who offered Gala a signature loan for $84000. Typical signature loans simply require a client, like Gala’s signature to get them, up to $49,000 in some cases. Gala was able to get $84000 as a emergency loan, which is very high for an emergency loan. Because signature loans do not need a cosigner, these loans tend to need higher credit, as high as 775

Client Profile: Gala Stonich of Knoxville, Tennessee
  • Full name (Changed if requested): Gala Stonich
  • Current Credit: loans.hit.utils.Fico@299a06ac
  • Current City: Knoxville
  • State: Tennessee
  • Zip code: 37904
  • Yearly income: $63,000
  • Current Job: resource teacher
  • Current County: Knox
  • Goal Yearly Income: $82,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000

Paraphrased and Standardized Quote from Gala for this emergency loan of $84000, provided by Valley Fidelity Bank and Trust Company

Hi, I am Gala and I am from Knoxville in Tennessee. Knox, county is where I grew up, and now I need a emergency loan in Tennessee for $84000 to buy a big ticket item. It has been difficult, but Valley Fidelity Bank and Trust Company really came through for me with this loan for 7.3% interest APR and a term of 7 years. I will repay the loan over the 7 year term, including interest. A big thanks to Valley Fidelity Bank and Trust Company for trusting me and my fair credit. It look me 9 years to create my credit to 597, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans range from $38,000.00 to $55,000.00. They are mainly used to pay off existing high interest loans like credit cards. Gala needed a debt consolidation loan to pay for their existing emergency loan and their credit card. Gala was able to find a emergency loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which converts your dirty, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.1%.

Many past requests for credit have been made by Gala in the past, including one from Independence Bank of Chicago in Knoxville, Tennessee before Gala was approved for the $84000 by Valley Fidelity Bank and Trust Company

Gala made 7 previous tries to obtain an emergency loan, 2 of which were with Independence Bank of Chicago, a lender in Knoxville, Tennessee known to specialize in emergency loans specifically. Prior to finding Valley Fidelity Bank and Trust Company, Gala was very concerned due to their inexperience and fair credit score.

Gala was declined by First Tennessee Bank, Gallatin, Tennessee 7 times prior to being granted funding by Valley Fidelity Bank and Trust Company at Clinch Avenue And Market Street

On January 13, 2012, Gala applied about borrowing $8,000 from First Tennessee Bank, Gallatin, Tennessee with Micha, their friend from just outside Knoxville, and even with the co-signer, Gala was rejected for this emergency loan. With fair credit, it can be challenging to obtain funding, even with collateral and a co-signer.

Contact Details for Valley Fidelity Bank and Trust Company, the provider of this emergency loan

  • Valley Fidelity Bank and Trust Company
  • City: Knoxville
  • State: Tennessee
  • Address: Clinch Avenue And Market Street
  • County: Knox
  • Zip code: 37902

Conclusion of Gala’s emergency loan

In the end, Gala was able to find an emergency loan for $84000 with an interest rate of 7.3% interest APR from Valley Fidelity Bank and Trust Company in Knoxville, Tennessee repayable over 7 years from now.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

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.