$48000 Auto Loan – Rembrandt Iowa, Credit Score Of 812
- Experian: 824 – This client had an excellent Experian score
- Transunion: 794 – Gertrude had an excellent credit score with Transunion.
- Equifax: Gertrude’s Experian score was 812, which is an excellent credit score with the Experian rating scheme.
- Full name (Changed if requested): Gertrude Becvar
- Current Credit: loans.hit.utils.Fico@6504e3b2
- Current City: Rembrandt
- State: Iowa
- Zip code: 50582
- Yearly income: $59,000
- Current Job: athletic director
- Current County: Buena Vista
- Goal Yearly Income: $96,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Personal Loan for an athletic director named Gertrude in Rembrandt, Iowa to Pay Off Fifth Third Bank Professional MasterCard
Gertrude had a lot of credit card debt on their AirBP Flight Card and their Fifth Third Real Life Rewards Credit Card, and they were starting to get in over their heads. Despite Gertrude’s job as an athletic director, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan acquired in Rembrandt, Iowa for $48000 with excellent credit by Gertrude
Most clients have difficulty with finding signature loans in Rembrandt, Iowa, and Gertrude is no different. Gertrude went to 7 lenders or more before settling on The First National Bank of Rembrandt, who offered Gertrude a signature loan for $48000. Most signature loans simply require a client, like Gertrude’s signature to obtain them, up to $23,000 in some cases. Gertrude was able to get $48000 as a auto loan, which is very high for an auto loan. Since signature loans don’t require a cosigner, these loans tend to need higher credit, as high as 703
Previous requests on Gertrude’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $77270.00 | 6 | 10.3% | $1443.21 | Mills County Bank National Association | April 19, 2009 |
| $77400.00 | 11 | 8.3% | $896.11 | Postville State Bank | October 24, 2012 |
| $77270.00 | 3 | 6.6% | $2371.77 | Washington State Bank | January 3, 2013 |
| $76870.00 | 3 | 8.8% | $2437.3 | Rippey Savings Bank | April 20, 2014 |
Before applying for this auto loan, Gertrude had an Experian score of 824, which is excellent, so The First National Bank of Rembrandt probably cannot provide Gertrude an auto loan
Installment loan for Gertrude, a graduate of Fairleigh Dickinson University and an athletic director working for over $74,000 per year
Gertrude, an alumnus at Fairleigh Dickinson University and an athletic director in Rembrandt, Iowa needs an auto loan to purchase a car. Gertrude has instead chosen to obtain an installment loan for $18,000 and is currently seeking lenders like Raccoon Valley State Bank to provide it.
Multiple other requests for credit have been made by Gertrude in the past, including one from Citizens State Bank and Trust Co., Ellsworth, Kansas in Rembrandt, Iowa before Gertrude was accepted for the $48000 by The First National Bank of Rembrandt
Gertrude made 4 previous tries to obtain an auto loan, 2 of which were with Citizens State Bank and Trust Co., Ellsworth, Kansas, a lending institution in Rembrandt, Iowa known to specialize in auto loans specifically. Before finding The First National Bank of Rembrandt, Gertrude was concerned due to their inexperience and excellent credit score.
Gertrude’s Overall FICO score at the time of acceptance for an auto loan, taking into account their athletic director job and their future career as a switchboard operator
Fast Loans for Gertrude in Rembrandt, Iowa to prevent bankruptcy or harm from debt collectors.
Fast loans in Rembrandt, Iowa aren’t actually that difficult to obtain, especially if you have some finesse like Gertrude. Gertrude was able to find a fast loan for $48000 from Washington State Bank and Norwest Bank Atlantic, National Association, but turned down both offers in favor of their auto loan from The First National Bank of Rembrandt. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big difference in the case that you are in a pinch.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $20,000.00 to $59,000.00. They are mainly used to pay off existing high interest loans like credit cards. Gertrude required a debt consolidation loan to pay for their existing auto loan and their payday loan. Gertrude was able to find a auto loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.8%.
Gertrude has a sad current yearly income, but has a high number of prospects
Gertrude has always wanted to be a switchboard operator, but would have to attend Fairleigh Dickinson University again to achieve it. Gertrude has other possibilities as well, including electronics technician, financial analyst, and greenhouse and nursery manager, which pay $56,000 through to $93,000 per year, on average. Because of this, we think that Gertrude can afford this auto loan of $48000.
Gertrude was declined by Ankeny State Bank 4 times prior to being approved by The First National Bank of Rembrandt at 101 E Main St
On June 18, 2011, Gertrude inquired about borrowing $26,000 from Brenton State Bank of Jefferson with Steven, their friend from just outside Rembrandt, and even with the co-signer, Gertrude was rejected for this auto loan. With excellent credit, it can be challenging to procure financing, even with collateral and a co-signer.
Paraphrased and Standardized Quote from Gertrude for this auto loan of $48000, provided by The First National Bank of Rembrandt
Hi, I am Gertrude and I’m from Rembrandt in Iowa. Buena Vista, county is where I grew up, and now I need a auto loan in Iowa for $48000 to avoid bankruptcy. It wasn’t easy, but The First National Bank of Rembrandt really came through for me with this loan for 10.5% interest APR and a term of 6 years. I can repay the loan over the 6 year term, including interest. A big thanks to The First National Bank of Rembrandt for giving me a chance and my excellent credit. It look me 7 years to create my credit to 812, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for helping me this far.
When Gertrude was 24, they tried to obtain a student loan from 6 alternate banks, which damaged their credit score. Below is a chronology of Gertrude’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on September 30, 2011
- Attempt 2) Loan for $35,000.00 on December 14, 2011
- Attempt 3) Loan for $36,000.00 on September 6, 2012
- Attempt 4) Loan for $29,000.00 on April 20, 2011
- Attempt 5) Loan for $38,000.00 on February 5, 2010
- Attempt 6) Loan for $32,000.00 on March 19, 2010
Contact Details for The First National Bank of Rembrandt, the provider of this auto loan
- The First National Bank of Rembrandt
- City: Rembrandt
- State: Iowa
- Address: 101 E Main St
- County: Buena Vista
- Zip code: 50576
Gertrude’s Transunion score was altered by the auto loan loan, changing to 794 from 812, which is typical in our experience.
8 Months in the Past, Gertrude Attempted to Find a High Risk Loan for $32,000.00, and it was Hard
It is an ongoing struggle for clients to get high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Gertrude. Gertrude decided not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit applicants. Individuals with credit ratings as low as 596 can inquire for a high risk loan and have a chance to be approved.
Conclusion of Gertrude’s auto loan
In the end, Gertrude was able to find an auto loan for $48000 with an interest rate of 8.8% interest APR from The First National Bank of Rembrandt in Rembrandt, Iowa repayable over 6 years from now.
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