$39000 Fast Loan – Jamestown Tennessee, Credit Score Of 527
- Experian: 537 – This client had a fair Experian rating
- Transunion: 514 – Allan had a fair credit score with Transunion.
- Equifax: Allan’s Experian score was 527, which is a fair credit rating using the Experian rating scheme.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $21,000.00 to $44,000.00. They are typically used to pay off existing high interest loans like credit cards. Allan needed a debt consolidation loan to pay for their existing fast loan and their credit card. Allan was able to find a fast loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 3.8%.
Allan has a very low current total income, but has a high number of prospects
Allan has always wanted to be a gynecologist, but would need attend University of Puerto Rico – Medical Sciences Campus again to become one. Allan has other prospects as well, including solar energy systems designer, financial examiner, and mechanical drafter, which pay $52,000 through to $97,000 per year, on average. Because of this, we think that Allan can pay for this fast loan of $39000.
Previous requests on Allan’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$130680.00||5||11.3%||$2860.89||Citizens Bank||December 30, 2009|
|$130830.00||5||6.5%||$2559.84||SunTrust Bank, Chattanooga, National Association||August 22, 2011|
|$131160.00||11||8.4%||$1525.64||GreenBank||December 15, 2012|
|$130880.00||9||6.5%||$1603.87||CommunityFIRST Bank||November 29, 2013|
|$130700.00||8||8.2%||$1860.98||Bank of Belfast||September 8, 2014|
Allan was not approved by Bank of Madisonville 5 times prior to being granted funding by Progressive Savings Bank at 500 North Main Street
On October 14, 2010, Allan inquired about borrowing $20,000 from First Farmers and Merchants Bank with Lenna, their in law from just outside Jamestown, and even with the co-signer, Allan was rejected for this fast loan. With fair credit, it can be difficult to procure funding, even with collateral and a co-signer.
Contact Details for Progressive Savings Bank, the provider of this fast loan
- Progressive Savings Bank
- City: Jamestown
- State: Tennessee
- Address: 500 North Main Street
- County: Fentress
- Zip code: 38556
Several previous requests for credit have been made by Allan in the past, including one from The Farmers Bank in Jamestown, Tennessee before Allan was accepted for the $39000 by Progressive Savings Bank
Allan made 8 prior attempts to obtain a fast loan, 2 of which were with The Farmers Bank, a bank in Jamestown, Tennessee known to specialize in fast loans specifically. Prior to finding Progressive Savings Bank, Allan was very concerned due to their inexperience and fair credit rating.
Before applying for this fast loan, Allan had an Experian score of 537, which is fair, so Progressive Savings Bank probably cannot provide Allan a fast loan
- Full name (Changed if requested): Allan Terell
- Current Credit: loans.hit.utils.Fico@22927a81
- Current City: Jamestown
- State: Tennessee
- Zip code: 38562
- Yearly income: $64,000
- Current Job: court administrator
- Current County: Fentress
- Goal Yearly Income: $97,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Allan’s Transunion score was changed by the fast loan loan, changing to 514 from 527, which is typical in our experience.
Allan’s Overall FICO score at the time of acceptance for a fast loan, taking into account their court administrator job and their future career as a gynecologist
When Allan was 20, they attempted to obtain a student loan from 5 different lenders, which harmed their credit score. Below is a chronology of Allan’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on October 13, 2012
- Attempt 2) Loan for $28,000.00 on February 10, 2012
- Attempt 3) Loan for $36,000.00 on July 17, 2009
- Attempt 4) Loan for $29,000.00 on February 23, 2013
- Attempt 5) Loan for $24,000.00 on February 24, 2012
8 Months Ago, Allan Attempted to Find a High Risk Loan for $46,000.00, but They Didn’t Find What They were Expecting
There is an ongoing 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 the like, which can be frightening to borrowers like Allan. Allan chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Borrowers with credit ratings as low as 510 can apply for a high risk loan and may be be accepted.
Installment loan for Allan, a graduate of University of Puerto Rico – Medical Sciences Campus and a court administrator working for over $78,000 per year
Allan, an alumnus at University of Puerto Rico – Medical Sciences Campus and a court administrator in Jamestown, Tennessee wants a fast loan to purchase a car. Allan has instead decided to obtain an installment loan for $9,000 and is at present seeking lenders like City and County Bank of Roane County to provide it.
Signature Loan found in Jamestown, Tennessee for $39000 with fair credit by Allan
Most clients struggle with finding signature loans in Jamestown, Tennessee, and Allan is no exception. Allan went to 7 lending institutions or more prior to settling on Progressive Savings Bank, who offered Allan a signature loan for $39000. Most signature loans simply need a client, like Allan’s signature to obtain them, up to $28,000 in some cases. Allan was able to get $39000 as a fast loan, which is very high for a fast loan. Because signature loans do not need a cosigner, these loans generally require better credit, as high as 755
Fast Loans for Allan in Jamestown, Tennessee to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Jamestown, Tennessee aren’t actually that difficult to obtain, especially if you have some finesse like Allan. Allan was able to find a fast loan for $39000 from Bank of Crockett and Citizens Bank of Monroe County, but declined both offers in favor of their fast loan from Progressive Savings Bank. 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 5 weeks for debt consolidation loans. An improvement if a client is in a pinch.
Personal Loan for a court administrator named Allan in Jamestown, Tennessee to Pay Off Jeff Bank College Rewards Visa Card
Allan had a tonne of credit card debt on their Sears MasterCard and their First Hawaiian Bank Business MasterCard, and they were starting to get in over their heads. Despite Allan’s job as a court administrator, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Allan for this fast loan of $39000, provided by Progressive Savings Bank
Hello, I am Allan and my hometown is Jamestown in Tennessee. Fentress, county is where I grew up, and now I need a fast loan in Tennessee for $39000 to buy a car. It has been difficult, but Progressive Savings Bank really came through for me with this loan for 7.6% interest APR and a term of 18 years. I can probably repay the loan over the 18 year term, including interest. A big thanks to Progressive Savings Bank for trusting me and my fair credit. It look me 6 years to build my credit to 527, and I won’t harm it any more. I am happy with Find Texas Loans for helping me this far.
Conclusion of Allan’s fast loan
In the end, Allan was able to find a fast loan for $39000 with an interest rate of 10.4% interest APR from Progressive Savings Bank in Jamestown, Tennessee repayable over 18 years from today.