$196000 Signature Loan – Farmington Maine, Credit Score Of 787
- Experian: 805 – The client had an excellent Experian score
- Transunion: 769 – Leota had an excellent credit score with Transunion.
- Equifax: Leota’s Experian score was 787, which is an excellent credit score on the Experian rating scheme.
Fast Loans for Leota in Farmington, Maine to prevent bankruptcy or harm from debt collectors.
Fast loans in Farmington, Maine aren’t actually that difficult to obtain, particularly if you have some gumption like Leota. Leota was able to find a fast loan for $196000 from Springvale National Bank and Bar Harbor Bank & Trust, but declined both offers in favor of their signature loan from Northeast Bank, N. A. of Farmington. The difference with a fast loan over a installment 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 borrower is in a time sensitive situation.
Paraphrased and Standardized Quote from Leota for this signature loan of $196000, provided by Northeast Bank, N. A. of Farmington
Hello, I am Leota and I’m from Farmington in Maine. Franklin, county is where I grew up, and now I need a signature loan in Maine for $196000 to buy a big ticket item. It wasn’t easy, but Northeast Bank, N. A. of Farmington really came through for me with this loan for 6.7% interest APR and a term of 5 years. I can repay the loan over the 5 year term, including interest. A big thanks to Northeast Bank, N. A. of Farmington for giving me a chance and my excellent credit. It look me 8 years to create my credit to 787, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
Leota’s Transunion score was changed by the signature loan loan, changing to 769 from 787, which is normal in our experience.
Installment loan for Leota, a graduate of King University and a retail buyer working for over $76,000 per year
Leota, an alumnus at King University and a retail buyer in Farmington, Maine needs a signature loan to purchase something frivolous. Leota has instead decided to get an installment loan for $28,000 and is at present seeking lenders like Norstar Bank of Maine to provide it.
Signature Loan found in Farmington, Maine for $196000 with excellent credit by Leota
Most clients have difficulty with obtaining signature loans in Farmington, Maine, and Leota is the same. Leota went to 4 lenders or more prior to finding Northeast Bank, N. A. of Farmington, who offered Leota a signature loan for $196000. Typical signature loans simply need a client, like Leota’s signature to get them, up to $48,000 in some cases. Leota was able to get $196000 as a signature loan, which is very high for a signature loan. Since signature loans do not require collateral, they generally require improved credit, as high as 792
Leota was declined by The Camden National Bank 5 times before being accepted by Northeast Bank, N. A. of Farmington at Main And Broadway
On April 23, 2009, Leota inquired about borrowing $45,000 from 1st Consumers Savings Bank with Charmain, their in law from just outside Farmington, and even with the co-signer, Leota was rejected for this signature loan. With excellent credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Before applying for this signature loan, Leota had an Experian score of 805, which is excellent, so Northeast Bank, N. A. of Farmington probably cannot provide Leota a signature loan
- Full name (Changed if requested): Leota Leipheimer
- Current Credit: loans.hit.utils.Fico@4d591d15
- Current City: Farmington
- State: Maine
- Zip code: 4941
- Yearly income: $63,000
- Current Job: retail buyer
- Current County: Franklin
- Goal Yearly Income: $103,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
When Leota was 24, they attempted to obtain a student loan from 4 alternate lenders, which harmed their credit rating. Below is a list of Leota’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on March 27, 2011
- Attempt 2) Loan for $32,000.00 on May 22, 2010
- Attempt 3) Loan for $26,000.00 on April 18, 2012
- Attempt 4) Loan for $26,000.00 on October 17, 2008
Personal Loan for a retail buyer named Leota in Farmington, Maine to Pay Off Saratoga’s Community FCU Business Visa
Leota had a lot of credit card debt on their TD Bank Cash Rewards Visa and their PartnersFirst Rewards Visa Credit Card, and they were starting to get in over their heads. Despite Leota’s job as a retail buyer, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Leota’s Overall FICO score at the time of acceptance for a signature loan, taking into account their retail buyer job and their future career as an environmental disease analyst
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $20,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Leota required a debt consolidation loan to pay for their existing signature loan and their payday loan. Leota was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your bad, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.3%.
Previous requests on Leota’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$39190.00||11||9.8%||$486.23||Fleet Bank of Maine||October 12, 2011|
|$38860.00||6||6.3%||$649.54||Union Trust Company||October 22, 2011|
|$39410.00||11||11.4%||$525.14||Northeast Bank of Sanford||September 12, 2013|
|$39100.00||4||8.2%||$958.22||Bank of Maine, N. A.||May 25, 2014|
Contact Details for Northeast Bank, N. A. of Farmington, the provider of this signature loan
- Northeast Bank, N. A. of Farmington
- City: Farmington
- State: Maine
- Address: Main And Broadway
- County: Franklin
- Zip code: 4938
Several other requests for credit have been made by Leota in the past, including one from The Haynes Bank in Farmington, Maine before Leota was approved for the $196000 by Northeast Bank, N. A. of Farmington
Leota made 7 previous tries to obtain a signature loan, 2 of which were with The Haynes Bank, a lender in Farmington, Maine known to specialize in signature loans specifically. Prior to finding Northeast Bank, N. A. of Farmington, Leota was very concerned due to their inexperience and excellent credit rating.
Leota has a very low current gross income, but has several of prospects
Leota has always wanted to be an environmental disease analyst, but would have to attend King University again to achieve it. Leota has other prospects as well, including orthodontic laboratory technician, motorboat mechanic, and truck driver, which pay $50,000 through to $93,000 per year, on average. For this reason, we think that Leota can pay for this signature loan of $196000.
9 Months in the Past, Leota Attempted to Find a High Risk Loan for $32,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for borrowers to get high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Leota. Leota chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Clients with credit ratings as low as 526 can inquire for a high risk loan and may be be accepted.
Conclusion of Leota’s signature loan
In the end, Leota was able to find a signature loan for $196000 with an interest rate of 5.6% interest APR from Northeast Bank, N. A. of Farmington in Farmington, Maine repayable over 5 years from today.