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Yasuko Had Need For A Home Loan For $16000, Fort Lee, New Jersey

$16000 Home Loan – Fort Lee New Jersey, Credit Rating Of 432

  • Experian: 442 – They had a bad Experian rating
  • Transunion: 417 – Yasuko had a bad credit rating with Transunion.
  • Equifax: Yasuko’s Experian score was 432, which is a bad credit score using the Experian system.

Fast Loans for Yasuko in Fort Lee, New Jersey to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Fort Lee, New Jersey aren’t actually that difficult to obtain, especially if you have some gumption like Yasuko. Yasuko was able to find a fast loan for $16000 from Peoples Bank, National Association and Swedesboro Trust Company, but turned down both offers in favor of their home loan from Bank of New Jersey. The difference 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 personal loans. A big difference if you are in a pinch.

Multiple previous requests for credit have been made by Yasuko in the past, including one from North American FSA in Fort Lee, New Jersey before Yasuko was approved for the $16000 by Bank of New Jersey

Yasuko made 5 previous tries to obtain a home loan, 2 of which were with North American FSA, a bank in Fort Lee, New Jersey known to specialize in home loans specifically. Before finding Bank of New Jersey, Yasuko was very concerned due to their inexperience and bad credit score.

Paraphrased and Standardized Quote from Yasuko for this home loan of $16000, provided by Bank of New Jersey

Hi, I am Yasuko and I am from Fort Lee in New Jersey. Bergen, county is where I grew up, and now I need a home loan in New Jersey for $16000 to buy a car. It wasn’t easy, but Bank of New Jersey really came through for me with this loan for 9.8% interest APR and a term of 3 years. I will repay the loan over the 3 year term, including interest. A big thanks to Bank of New Jersey for trusting me and my bad credit. It look me 5 years to build my credit to 432, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for assisting me this far.

Before applying for this home loan, Yasuko had an Experian score of 442, which is bad, so Bank of New Jersey most likely cannot provide Yasuko a home loan

Experian Score: 442

Client Profile: Yasuko Rygiel of Fort Lee, New Jersey
  • Full name (Changed if requested): Yasuko Rygiel
  • Current Credit: loans.hit.utils.Fico@5d6f64b1
  • Current City: Fort Lee
  • State: New Jersey
  • Zip code: 7030
  • Yearly income: $69,000
  • Current Job: factory layout engineer
  • Current County: Bergen
  • Goal Yearly Income: $141,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000

Yasuko has a disappointing current yearly income, but has a high number of prospects

Yasuko has always wanted to be a veterinarian technician, but would need attend American National University again to achieve it. Yasuko has other prospects as well, including school nurse, fitness trainer, and hearing officer, which pay $54,000 through to $98,000 per year, on average. For this reason, we believe that Yasuko can pay for this home loan of $16000.

Yasuko’s Transunion score was altered by the home loan loan, changing to 417 from 432, which is typical in our experience.

Transunion Score: 417

Personal Loan for a factory layout engineer named Yasuko in Fort Lee, New Jersey to Pay Off Plains Commerce Bank Visa Classic Card

Yasuko had a lot of credit card debt on their Bangor Savings Bank Visa Business Bonus Rewards Card and their FirstBank Credit Cards FirstBank Southwest Credit Cards, and they were starting to get in over their heads. Despite Yasuko’s job as a factory layout engineer, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Contact Details for Bank of New Jersey, the provider of this home loan

  • Bank of New Jersey
  • City: Fort Lee
  • State: New Jersey
  • Address: 1365 Palisade Avenue
  • County: Bergen
  • Zip code: 7024

Signature Loan easily acquired in Fort Lee, New Jersey for $16000 with bad credit by Yasuko

Most prospective borrowers have difficulty with finding signature loans in Fort Lee, New Jersey, and Yasuko is not an exception. Yasuko went to 4 lending institutions or more before settling on Bank of New Jersey, who offered Yasuko a signature loan for $16000. Typical signature loans simply need a client, like Yasuko’s signature to obtain them, up to $27,000 in some cases. Yasuko was able to get $16000 as a home loan, which is very high for a home loan. Since signature loans do not require collateral, they tend to need improved credit, as high as 715

Installment loan for Yasuko, a graduate of American National University and a factory layout engineer working for over $68,000 per year

Yasuko, an alumnus at American National University and a factory layout engineer in Fort Lee, New Jersey needs a home loan to purchase a car. Yasuko has instead decided to obtain an installment loan for $4,000 and is currently seeking lenders like Carteret Bank and Trust Company to provide it.

When Yasuko was 20, they tried to obtain a student loan from 7 different banks, which damaged their credit rating. Below is a chronology of Yasuko’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $36,000.00 on October 9, 2010
  • Attempt 2) Loan for $26,000.00 on November 6, 2010
  • Attempt 3) Loan for $23,000.00 on April 6, 2013
  • Attempt 4) Loan for $35,000.00 on May 1, 2009
  • Attempt 5) Loan for $37,000.00 on August 4, 2011
  • Attempt 6) Loan for $23,000.00 on April 9, 2009
  • Attempt 7) Loan for $34,000.00 on August 12, 2011

Yasuko was rejected by Fort Lee Trust Company 5 times before being approved by Bank of New Jersey at 1365 Palisade Avenue

On November 28, 2012, Yasuko applied about borrowing $11,000 from Belmar-Wall National Bank with Amparo, their in law from just outside Fort Lee, and even with the co-signer, Yasuko was rejected for this home loan. With bad credit, it can be a challenge to procure financing, even with collateral and a co-signer.

7 Months in the Past, Yasuko Attempted Finding a High Risk Loan for $33,000.00, but They Didn’t Find What They were Expecting

It is an existing struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Yasuko. Yasuko chose not to obtain a high risk loan this time. High Risk loans are given to bad credit borrowers. Borrowers with credit scores as low as 513 can apply for a high risk loan and have a chance to be accepted.

Previous requests on Yasuko’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$146140.00 8 5.6% $1892.15 The State Bank of North Jersey June 24, 2012
$145850.00 9 9.8% $2037.61 Carteret Bank and Trust Company June 4, 2013
$146330.00 4 8.8% $3627.55 United Jersey Bank/Northwest December 21, 2013
$146330.00 6 10.5% $2747.93 People’s Trust Company January 8, 2014

Yasuko’s Overall FICO score at the time of acceptance for a home loan, taking into account their factory layout engineer job and their future job as a veterinarian technician

Fico Score: 432

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans range from $34,000.00 to $51,000.00. They are normally used to pay off existing high interest loans like credit cards. Yasuko needed a debt consolidation loan to pay for their existing home loan and their credit card. Yasuko was able to find a home loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.6%.

Conclusion of Yasuko’s home loan

In the end, Yasuko was able to find a home loan for $16000 with an interest rate of 9.5% interest APR from Bank of New Jersey in Fort Lee, New Jersey repayable over 3 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.