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$16000 Debt Consolidation Loan With Good Credit In Bellevue Washington

$16000 Debt Consolidation Loan – Bellevue Washington, Credit Rating Of 718

  • Experian: 730 – This individual had a good Experian score
  • Transunion: 706 – Chrystal had a good credit score with Transunion.
  • Equifax: Chrystal’s Experian score was 718, which is a good credit rating using the Experian scale.

Signature Loan found in Bellevue, Washington for $16000 with good credit by Chrystal

A lot of clients struggle with finding signature loans in Bellevue, Washington, and Chrystal is no exception. Chrystal went to 6 lending institutions or more prior to finding Foundation Bank, who offered Chrystal a signature loan for $16000. Most signature loans simply require a client, like Chrystal’s signature to get them, up to $33,000 in some cases. Chrystal was able to get $16000 as a debt consolidation loan, which is very high for a debt consolidation loan. Since signature loans do not need a cosigner, these loans tend to need higher credit, as high as 799

Chrystal’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their logging tractor operator job and their future job as a sales promoter

Fico Score: 718

Installment loan for Chrystal, a graduate of Wheaton College and a logging tractor operator working for over $77,000 per year

Chrystal, an alumnus at Wheaton College and a logging tractor operator in Bellevue, Washington needs a debt consolidation loan to purchase a car. Chrystal has instead decided to get an installment loan for $2,000 and is at present seeking lenders like The First National Bank of Redmond to provide it.

Contact Details for Foundation Bank, the provider of this debt consolidation loan

  • Foundation Bank
  • City: Bellevue
  • State: Washington
  • Address: 1110 112th Avenue Ne, Suite 200
  • County: King
  • Zip code: 98004
Client Profile: Chrystal Hulin of Bellevue, Washington
  • Full name (Changed if requested): Chrystal Hulin
  • Current Credit: loans.hit.utils.Fico@7a07c5b4
  • Current City: Bellevue
  • State: Washington
  • Zip code: 98011
  • Yearly income: $37,000
  • Current Job: logging tractor operator
  • Current County: King
  • Goal Yearly Income: $136,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

Chrystal’s Transunion score was altered by the debt consolidation loan loan, changing to 706 from 718, which is typical in our experience.

Transunion Score: 706

Chrystal was rejected by State Bank Northwest 6 times before being granted funding by Foundation Bank at 1110 112th Avenue Ne, Suite 200

On July 18, 2010, Chrystal inquired about borrowing $44,000 from Summit Bank with Chanelle, their friend from just outside Bellevue, and even with the co-signer, Chrystal was rejected for this debt consolidation loan. With good credit, it can be difficult to obtain financing, even with collateral and a co-signer.

Multiple past requests for credit have been made by Chrystal in the past, including one from Milford State Bank in Bellevue, Washington before Chrystal was approved for the $16000 by Foundation Bank

Chrystal made 5 previous tries to obtain a debt consolidation loan, 2 of which were with Milford State Bank, a lending institution in Bellevue, Washington known to specialize in debt consolidation loans specifically. Prior to finding Foundation Bank, Chrystal was very concerned due to their inexperience and good credit rating.

9 Months Ago, Chrystal Attempted to Find a High Risk Loan for $48,000.00, and it was Hard

It is an well known struggle for clients to get high risk loans in a safe manner. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Chrystal. Chrystal chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Individuals with credit ratings as low as 507 can apply for a high risk loan and possibly can be accepted.

Previous requests on Chrystal’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$48380.00 4 6.8% $1154.04 Granite Falls State Bank June 2, 2010
$47660.00 9 5.3% $555.84 Columbia Gorge Bank March 11, 2013
$47510.00 5 6.4% $927.36 Summit Bank May 15, 2013
$48430.00 10 8.5% $600.46 State Bank of Morton November 20, 2014

Before applying for this debt consolidation loan, Chrystal had an Experian score of 730, which is good, so Foundation Bank probably cannot provide Chrystal a debt consolidation loan

Experian Score: 730

Chrystal has a very low current total income, but has a high number of prospects

Chrystal has always wanted to be a sales promoter, but would have to attend Wheaton College again to achieve it. Chrystal has other possibilities as well, including sales floor stock clerk, occupational safety & health inspector, and home appliance repairer, which pay $50,000 through to $91,000 per year, at least. For this reason, we think that Chrystal can pay for this debt consolidation loan of $16000.

Paraphrased and Standardized Quote from Chrystal for this debt consolidation loan of $16000, provided by Foundation Bank

Hi, I am Chrystal and I am from Bellevue in Washington. King, county is where I grew up, and now I need a debt consolidation loan in Washington for $16000 to buy a car. It wasn’t easy, but Foundation Bank really came through for me with this loan for 11.8% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Foundation Bank for giving me a chance and my good credit. It look me 4 years to create my credit to 718, and I won’t tarnish it any more. I am happy with Find Texas Loans for assisting me this far.

Personal Loan for a logging tractor operator named Chrystal in Bellevue, Washington to Pay Off West Suburban Bank Credit Cards

Chrystal had a lot of credit card debt on their LANPASS Visa Signature Card and their Exchange National Bank & Trust Credit Cards Exclusive Connection$ Rewards Visa Credit Card, and they were starting to get in over their heads. Despite Chrystal’s job as a logging tractor operator, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Fast Loans for Chrystal in Bellevue, Washington to prevent bankruptcy or harm from debt collectors.

Fast loans in Bellevue, Washington aren’t actually that difficult to obtain, particularly if you have some gumption like Chrystal. Chrystal was able to find a fast loan for $16000 from Farmers State Bank of Uniontown, Washington and Old National Bank of Washington, but declined both offers in favor of their debt consolidation loan from Foundation Bank. 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 improvement if a borrower is on the go.

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Most debt consolidation loans vary from $21,000.00 to $55,000.00. They are typically used to pay off existing high interest loans like credit cards. Chrystal required a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Chrystal was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.1%.

When Chrystal was 20, they tried to obtain a student loan from 4 alternate lenders, which harmed their credit rating. Below is a chronology of Chrystal’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $20,000.00 on November 9, 2013
  • Attempt 2) Loan for $38,000.00 on November 22, 2010
  • Attempt 3) Loan for $36,000.00 on November 8, 2011
  • Attempt 4) Loan for $29,000.00 on October 27, 2008

Conclusion of Chrystal’s debt consolidation loan

In the end, Chrystal was able to find a debt consolidation loan for $16000 with an interest rate of 5.4% interest APR from Foundation Bank in Bellevue, Washington repayable over 19 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.

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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.