$16000 Home Loan – Aurora Illinois, Credit Score Of 544
- Experian: 558 – The client had a fair Experian rating
- Transunion: 529 – Patrina had a fair credit score with Transunion.
- Equifax: Patrina’s Experian score was 544, which is a fair credit score on the Experian scale.
Paraphrased and Standardized Quote from Patrina for this home loan of $16000, provided by First Federal Savings and Loan Association of Aurora
Hello, I am Patrina and I am from Aurora in Illinois. Kane, county is where I grew up, and now I need a home loan in Illinois for $16000 to buy a big ticket item. It wasn’t easy, but First Federal Savings and Loan Association of Aurora really came through for me with this loan for 7.6% interest APR and a term of 21 years. I will repay the loan over the 21 year term, including interest. A big thanks to First Federal Savings and Loan Association of Aurora for trusting me and my fair credit. It look me 8 years to build my credit to 544, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Fast Loans for Patrina in Aurora, Illinois to prevent bankruptcy or harm from debt collectors.
Fast loans in Aurora, Illinois aren’t actually that difficult to obtain, particularly if you have some finesse like Patrina. Patrina was able to find a fast loan for $16000 from NBD Bank Evanston, National Association and The State Bank of Geneva, but turned down both offers in favor of their home loan from First Federal Savings and Loan Association of Aurora. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big improvement in the case that a client is in a time sensitive situation.
Patrina was rejected by First Chicago Bank of Oak Park 6 times before being granted funding by First Federal Savings and Loan Association of Aurora at 301 Galena Blvd
On October 25, 2010, Patrina applied about borrowing $35,000 from The Gerber State Bank with Jamel, their friend from just outside Aurora, and even with the co-signer, Patrina was rejected for this home loan. With fair credit, it can be challenging to obtain funding, even with collateral and a co-signer.
Before applying for this home loan, Patrina had an Experian score of 558, which is fair, so First Federal Savings and Loan Association of Aurora most likely cannot provide Patrina a home loan
Personal Loan for a railroad inspector named Patrina in Aurora, Illinois to Pay Off Tompkins Trust Company Visa Business Bonus Rewards PLUS Card
Patrina had a tonne of credit card debt on their Bank of Albuquerque Credit Cards and their BB&T Visa Platinum Credit Card, and they were starting to get in over their heads. Despite Patrina’s job as a railroad inspector, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Patrina’s Transunion score was changed by the home loan loan, changing to 529 from 544, which is typical in our experience.
Signature Loan found in Aurora, Illinois for $16000 with fair credit by Patrina
A lot of borrowers have difficulty with obtaining signature loans in Aurora, Illinois, and Patrina is the same. Patrina went to 4 lending institutions or more prior to settling on First Federal Savings and Loan Association of Aurora, who offered Patrina a signature loan for $16000. Most signature loans simply require a client, like Patrina’s signature to obtain them, up to $37,000 in some cases. Patrina was able to get $16000 as a home loan, which is very high for a home loan. Since signature loans do not require a cosigner, these loans generally need improved credit, as high as 767
- Full name (Changed if requested): Patrina Weeden
- Current Credit: loans.hit.utils.Fico@2d38eb89
- Current City: Aurora
- State: Illinois
- Zip code: 60514
- Yearly income: $40,000
- Current Job: railroad inspector
- Current County: Kane
- Goal Yearly Income: $86,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Patrina has a disappointing current gross income, but has several of prospects
Patrina has always wanted to be a foreign service peacekeeping specialist, but would need attend ELS Language Centers again to become one. Patrina has other possibilities as well, including human factors psychologist, appeals referee, and job analyst, which pay $52,000 through to $93,000 per year, on average. Because of this, we think that Patrina can pay for this home loan of $16000.
Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $33,000.00 to $44,000.00. They are typically used to pay off existing high interest loans like credit cards. Patrina needed a debt consolidation loan to pay for their existing home loan and their loan shark loan. Patrina was able to find a home loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 2.8%.
Patrina’s Overall FICO score at the time of acceptance for a home loan, taking into account their railroad inspector job and their future job as a foreign service peacekeeping specialist
Previous requests on Patrina’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$97370.00||4||6.6%||$2313.62||The Gerber State Bank||December 1, 2008|
|$97160.00||8||5.2%||$1239.31||The Belvidere National Bank and Trust Company||February 28, 2009|
|$97100.00||8||6.2%||$1285.51||Commerce Bank||November 10, 2010|
|$97490.00||6||8.7%||$1742.83||Byron Bank||July 25, 2013|
Installment loan for Patrina, a graduate of ELS Language Centers and a railroad inspector working for over $66,000 per year
Patrina, an alumnus at ELS Language Centers and a railroad inspector in Aurora, Illinois wants a home loan to purchase a new cell phone. Patrina has instead chosen to get an installment loan for $15,000 and is currently seeking lenders like First Chicago Bank of Oak Park to provide it.
When Patrina was 20, they tried to obtain a student loan from 7 different lenders, which harmed their credit score. Below is a list of Patrina’s previous attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on March 19, 2013
- Attempt 2) Loan for $30,000.00 on February 13, 2012
- Attempt 3) Loan for $21,000.00 on February 4, 2010
- Attempt 4) Loan for $36,000.00 on November 16, 2013
- Attempt 5) Loan for $29,000.00 on May 19, 2012
- Attempt 6) Loan for $27,000.00 on January 31, 2014
- Attempt 7) Loan for $31,000.00 on February 20, 2010
7 Months Ago, Patrina Attempted Finding a High Risk Loan for $32,000.00, and it was Easy
There is an existing struggle for borrowers to get high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Patrina. Patrina decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit applicants. Individuals with credit ratings as low as 568 can inquire for a high risk loan and possibly can be approved.
Several other requests for credit have been made by Patrina in the past, including one from Citizens State Bank in Aurora, Illinois before Patrina was approved for the $16000 by First Federal Savings and Loan Association of Aurora
Patrina made 7 prior attempts to obtain a home loan, 2 of which were with Citizens State Bank, a lender in Aurora, Illinois known to specialize in home loans specifically. Before finding First Federal Savings and Loan Association of Aurora, Patrina was desperate due to their inexperience and fair credit rating.
Contact Details for First Federal Savings and Loan Association of Aurora, the provider of this home loan
- First Federal Savings and Loan Association of Aurora
- City: Aurora
- State: Illinois
- Address: 301 Galena Blvd
- County: Kane
- Zip code: 60507
Conclusion of Patrina’s home loan
In the end, Patrina was able to find a home loan for $16000 with an interest rate of 7.5% interest APR from First Federal Savings and Loan Association of Aurora in Aurora, Illinois repayable over 21 years from now.