$98000 Signature Loan – Stromsburg Nebraska, Credit Rating Of 721
- Experian: 739 – The client had an excellent Experian score
- Transunion: 708 – Tommie had an excellent credit rating with Transunion.
- Equifax: Tommie’s Experian score was 721, which is an excellent credit score on the Experian rating scheme.
7 Months Ago, Tommie Tried to Find a High Risk Loan for $42,000.00, and it was Hard
It is an well known struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Tommie. Tommie chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit clients. Clients with credit ratings as low as 512 can apply for a high risk loan and possibly can be approved.
Tommie was rejected by The Bank of Cody 4 times prior to being accepted by The First National Bank of Stromsburg at 123 East Fourth Street
On June 13, 2011, Tommie applied about borrowing $43,000 from Pathway Bank with Linwood, their friend from just outside Stromsburg, and even with the co-signer, Tommie was rejected for this signature loan. With excellent credit, it can be very hard to procure funding, even with collateral and a co-signer.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans range from $24,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Tommie required a debt consolidation loan to pay for their existing signature loan and their loan shark loan. Tommie was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.7%.
Signature Loan acquired in Stromsburg, Nebraska for $98000 with excellent credit by Tommie
Many borrowers struggle with finding signature loans in Stromsburg, Nebraska, and Tommie is not an exception. Tommie went to 4 lending institutions or more before finding The First National Bank of Stromsburg, who offered Tommie a signature loan for $98000. Typical signature loans simply need a client, like Tommie’s signature to obtain them, up to $44,000 in some cases. Tommie was able to get $98000 as a signature loan, which is very high for a signature loan. Since signature loans don’t require a cosigner, these loans tend to need better credit, as high as 764
- Full name (Changed if requested): Tommie Tuazon
- Current Credit: loans.hit.utils.Fico@2aae9190
- Current City: Stromsburg
- State: Nebraska
- Zip code: 68668
- Yearly income: $40,000
- Current Job: school plant consultant
- Current County: Polk
- Goal Yearly Income: $93,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Previous requests on Tommie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$26430.00||9||9.8%||$369.24||Citizens Bank||June 22, 2011|
|$26300.00||7||11.6%||$458.66||Stromsburg Bank||June 20, 2014|
|$26260.00||5||11.1%||$572.27||Wahoo State Bank||January 18, 2015|
|$25730.00||8||7.6%||$358.53||Arlington State Bank||January 22, 2015|
|$26220.00||7||6.7%||$391.9||Mason State Bank, Mason City, Nebraska||July 11, 2015|
Tommie’s Overall FICO score at the time of acceptance for a signature loan, taking into account their school plant consultant job and their future job as a chaplain
When Tommie was 22, they tried to obtain a student loan from 4 alternate banks, which damaged their credit score. Below is a list of Tommie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on January 26, 2010
- Attempt 2) Loan for $24,000.00 on September 23, 2011
- Attempt 3) Loan for $28,000.00 on July 4, 2010
- Attempt 4) Loan for $27,000.00 on November 3, 2011
Paraphrased and Standardized Quote from Tommie for this signature loan of $98000, provided by The First National Bank of Stromsburg
Hello, I am Tommie and I’m from Stromsburg in Nebraska. Polk, county is where I grew up, and now I need a signature loan in Nebraska for $98000 to pay bills. It wasn’t easy, but The First National Bank of Stromsburg really came through for me with this loan for 6.6% interest APR and a term of 8 years. I can probably repay the loan over the 8 year term, including interest. A big thanks to The First National Bank of Stromsburg for trusting me and my excellent credit. It look me 6 years to create my credit to 721, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.
Many past requests for credit have been made by Tommie in the past, including one from Northern Trust Bank/Naperville in Stromsburg, Nebraska before Tommie was approved for the $98000 by The First National Bank of Stromsburg
Tommie made 4 prior attempts to obtain a signature loan, 2 of which were with Northern Trust Bank/Naperville, a lending institution in Stromsburg, Nebraska known to specialize in signature loans specifically. Before finding The First National Bank of Stromsburg, Tommie was very concerned due to their inexperience and excellent credit score.
Fast Loans for Tommie in Stromsburg, Nebraska to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Stromsburg, Nebraska aren’t actually that difficult to obtain, especially if you have some gumption like Tommie. Tommie was able to find a fast loan for $98000 from Mason State Bank, Mason City, Nebraska and The Carson National Bank of Auburn, but turned down both offers in favor of their signature loan from The First National Bank of Stromsburg. 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. An improvement if you are on the go.
Personal Loan for a school plant consultant named Tommie in Stromsburg, Nebraska to Pay Off BP Visa Gas Card
Tommie had a tonne of credit card debt on their Metrostyle Credit Card and their Bed Bath & Beyond MasterCard, and they were starting to get in over their heads. Despite Tommie’s job as a school plant consultant, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Installment loan for Tommie, a graduate of Stevens Institute of Technology and a school plant consultant working for over $62,000 per year
Tommie, an alumnus at Stevens Institute of Technology and a school plant consultant in Stromsburg, Nebraska wants a signature loan to purchase a car. Tommie has instead decided to get an installment loan for $8,000 and is currently seeking lenders like The Bank of Cody to provide it.
Contact Details for The First National Bank of Stromsburg, the provider of this signature loan
- The First National Bank of Stromsburg
- City: Stromsburg
- State: Nebraska
- Address: 123 East Fourth Street
- County: Polk
- Zip code: 68666
Tommie’s Transunion score was changed by the signature loan loan, changing to 708 from 721, which is normal in our experience.
Tommie has a low current yearly income, but has a high number of prospects
Tommie has always wanted to be a chaplain, but would need attend Stevens Institute of Technology again to achieve it. Tommie has other possibilities as well, including computer programmer, atm machine servicer, and medical laboratory technician, which pay $58,000 through to $91,000 per year, on average. For this reason, we believe that Tommie can afford this signature loan of $98000.
Before applying for this signature loan, Tommie had an Experian score of 739, which is excellent, so The First National Bank of Stromsburg most likely cannot provide Tommie a signature loan
Conclusion of Tommie’s signature loan
In the end, Tommie was able to find a signature loan for $98000 with an interest rate of 11.4% interest APR from The First National Bank of Stromsburg in Stromsburg, Nebraska repayable over 8 years from now.