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Auto Loan Of $60000 For Excellent Credit New York Resident

$60000 Auto Loan – Woodhaven New York, Credit Score Of 792

  • Experian: 805 – They had an excellent Experian rating
  • Transunion: 774 – Ashanti had an excellent credit score with Transunion.
  • Equifax: Ashanti’s Experian score was 792, which is an excellent credit rating on the Experian rating scheme.

Previous requests on Ashanti’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$95220.00 7 8.5% $1507.95 Bankers Trust Company of Albany, National Association October 1, 2010
$95430.00 10 9.2% $1219.22 Montgomery County Trust Company October 25, 2010
$94590.00 4 6.6% $2247.56 Bank of Avoca April 22, 2012
$94710.00 7 7.1% $1434.06 The State Bank of Belmont November 1, 2012
$95290.00 8 9.5% $1420.86 Fleet Bank of New York, National Association August 5, 2013

Ashanti was declined by Tompkins Trust Company 5 times prior to being granted funding by Community Federal Savings Bank at 89-07 Jamaica Avenue

On February 4, 2013, Ashanti inquired about borrowing $17,000 from The Cohocton State Bank with Julieta, their in law from just outside Woodhaven, and even with the co-signer, Ashanti was rejected for this auto loan. With excellent credit, it can be very hard to obtain funding, even with collateral and a co-signer.

Ashanti’s Overall FICO score at the time of acceptance for an auto loan, taking into account their art job and their future job as a court administrator

Fico Score: 792

Personal Loan for an art named Ashanti in Woodhaven, New York to Pay Off Great Southern Bank Visa Platinum

Ashanti had a lot of credit card debt on their Fashion Bug Credit Card and their NBT Bank Visa Signature Bonus Rewards Card, and they were starting to get in over their heads. Despite Ashanti’s job as an art, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

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

Most debt consolidation loans vary from $34,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Ashanti needed a debt consolidation loan to pay for their existing auto loan and their payday loan. Ashanti was able to find a auto loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.2%.

Installment loan for Ashanti, a graduate of California Institute of the Arts and an art working for over $75,000 per year

Ashanti, an alumnus at California Institute of the Arts and an art in Woodhaven, New York needs an auto loan to purchase a house. Ashanti has instead decided to get an installment loan for $11,000 and is currently seeking lenders like Bankers Trust Company of Albany, National Association to provide it.

Paraphrased and Standardized Quote from Ashanti for this auto loan of $60000, provided by Community Federal Savings Bank

Hello, I am Ashanti and I’m from Woodhaven in New York. Queens, county is where I grew up, and now I need a auto loan in New York for $60000 to buy a car. It has been difficult, but Community Federal Savings Bank really came through for me with this loan for 10.5% interest APR and a term of 17 years. I can repay the loan over the 17 year term, including interest. A big thanks to Community Federal Savings Bank for trusting me and my excellent credit. It look me 9 years to build my credit to 792, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.

Ashanti’s Transunion score was altered by the auto loan loan, changing to 774 from 792, which is typical in our experience.

Transunion Score: 774

7 Months in the Past, Ashanti Tried to Find a High Risk Loan for $32,000.00, but They Didn’t Find What They were Expecting

There is an existing struggle for borrowers to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Ashanti. Ashanti chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit individuals. Borrowers with credit scores as low as 324 can apply for a high risk loan and possibly can be accepted.

When Ashanti was 21, they attempted to obtain a student loan from 7 alternate lenders, which harmed their credit rating. Below is a list of Ashanti’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $37,000.00 on June 1, 2009
  • Attempt 2) Loan for $35,000.00 on August 4, 2009
  • Attempt 3) Loan for $35,000.00 on May 7, 2009
  • Attempt 4) Loan for $35,000.00 on November 22, 2011
  • Attempt 5) Loan for $31,000.00 on November 18, 2010
  • Attempt 6) Loan for $31,000.00 on November 14, 2012
  • Attempt 7) Loan for $33,000.00 on December 1, 2008

Signature Loan easily acquired in Woodhaven, New York for $60000 with excellent credit by Ashanti

Most clients have difficulty with obtaining signature loans in Woodhaven, New York, and Ashanti is no exception. Ashanti went to 8 lending institutions or more prior to finding Community Federal Savings Bank, who offered Ashanti a signature loan for $60000. Typical signature loans simply need a client, like Ashanti’s signature to get them, up to $21,000 in some cases. Ashanti was able to get $60000 as a auto loan, which is very high for an auto loan. Since signature loans do not need a cosigner, they tend to require higher credit, as high as 760

Fast Loans for Ashanti in Woodhaven, New York to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Woodhaven, New York aren’t actually that difficult to obtain, particularly if you have some gumption like Ashanti. Ashanti was able to find a fast loan for $60000 from Key Bank and Chemung Canal Trust Company, but declined both offers in favor of their auto loan from Community Federal Savings Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. Much better if a borrower is in a pinch.

Contact Details for Community Federal Savings Bank, the provider of this auto loan

  • Community Federal Savings Bank
  • City: Woodhaven
  • State: New York
  • Address: 89-07 Jamaica Avenue
  • County: Queens
  • Zip code: 11421
Client Profile: Ashanti Aalund of Woodhaven, New York
  • Full name (Changed if requested): Ashanti Aalund
  • Current Credit: loans.hit.utils.Fico@5a10411
  • Current City: Woodhaven
  • State: New York
  • Zip code: 11428
  • Yearly income: $43,000
  • Current Job: art
  • Current County: Queens
  • Goal Yearly Income: $81,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

Several other requests for credit have been made by Ashanti in the past, including one from The Merchants National Bank of Terre Haute in Woodhaven, New York before Ashanti was accepted for the $60000 by Community Federal Savings Bank

Ashanti made 8 previous tries to obtain an auto loan, 2 of which were with The Merchants National Bank of Terre Haute, a lending institution in Woodhaven, New York known to specialize in auto loans specifically. Before finding Community Federal Savings Bank, Ashanti was desperate due to their inexperience and excellent credit score.

Ashanti has a disappointing current yearly income, but has several of prospects

Ashanti has always wanted to be a court administrator, but would need attend California Institute of the Arts again to become one. Ashanti has other possibilities as well, including border patrol agent, bus driver, and loan counselor, which pay $57,000 through to $105,000 per year, on average. Because of this, we believe that Ashanti can pay for this auto loan of $60000.

Before applying for this auto loan, Ashanti had an Experian score of 805, which is excellent, so Community Federal Savings Bank likely cannot provide Ashanti an auto loan

Experian Score: 805

Conclusion of Ashanti’s auto loan

In the end, Ashanti was able to find an auto loan for $60000 with an interest rate of 7.6% interest APR from Community Federal Savings Bank in Woodhaven, New York repayable over 17 years from today.

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.