Do you have over $10,000 in Debt? Get Help now.

Mortgage With Reasonable APR In Richland County, South Carolina

$39000 Mortgage – Columbia South Carolina, Credit Rating Of 449

  • Experian: 459 – They had a bad Experian score
  • Transunion: 434 – Jonah had a bad credit rating with Transunion.
  • Equifax: Jonah’s Experian score was 449, which is a bad credit score with the Experian system.

Before applying for this mortgage, Jonah had an Experian score of 459, which is bad, so South Carolina Community Bank likely cannot provide Jonah a mortgage

Experian Score: 459

Jonah’s Overall FICO score at the time of acceptance for a mortgage, taking into account their administrative assistant job and their future career as a medical equipment preparer

Fico Score: 449

Paraphrased and Standardized Quote from Jonah for this mortgage of $39000, provided by South Carolina Community Bank

Hello, I am Jonah and I am from Columbia in South Carolina. Richland, county is where I grew up, and now I need a mortgage in South Carolina for $39000 to buy a car. It has been difficult, but South Carolina Community Bank really came through for me with this loan for 10.6% interest APR and a term of 6 years. I can probably repay the loan over the 6 year term, including interest. A big thanks to South Carolina Community Bank for trusting me and my bad credit. It look me 5 years to create my credit to 449, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.

Client Profile: Jonah Herschel of Columbia, South Carolina
  • Full name (Changed if requested): Jonah Herschel
  • Current Credit: loans.hit.utils.Fico@6438a396
  • Current City: Columbia
  • State: South Carolina
  • Zip code: 29205
  • Yearly income: $58,000
  • Current Job: administrative assistant
  • Current County: Richland
  • Goal Yearly Income: $103,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

Signature Loan easily acquired in Columbia, South Carolina for $39000 with bad credit by Jonah

A lot of borrowers have difficulty with obtaining signature loans in Columbia, South Carolina, and Jonah is not an exception. Jonah went to 8 lending institutions or more prior to settling on South Carolina Community Bank, who offered Jonah a signature loan for $39000. Most signature loans simply need a client, like Jonah’s signature to get them, up to $35,000 in some cases. Jonah was able to get $39000 as a mortgage, which is very high for a mortgage. Since signature loans don’t require a cosigner, these loans generally need better credit, as high as 719

Contact Details for South Carolina Community Bank, the provider of this mortgage

  • South Carolina Community Bank
  • City: Columbia
  • State: South Carolina
  • Address: 1545 Sumter Street
  • County: Richland
  • Zip code: 29201

Jonah has a very low current yearly income, but has several of prospects

Jonah has always wanted to be a medical equipment preparer, but would have to attend University of Arkansas at Monticello again to become one. Jonah has other prospects as well, including educational psychologist, windows – draperies treatment specialist, and farm equipment mechanic, which pay $52,000 through to $92,000 per year, at least. For this reason, we think that Jonah can afford this mortgage of $39000.

9 Months Ago, Jonah Attempted Finding a High Risk Loan for $49,000.00, and it was Easy

There is an ongoing struggle for clients to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Jonah. Jonah decided not to get a high risk loan this time. High Risk loans are given to very low credit clients. Clients with credit ratings as low as 480 can inquire for a high risk loan and may be be approved.

Jonah was rejected by The Commercial Bank 4 times before being approved by South Carolina Community Bank at 1545 Sumter Street

On December 29, 2012, Jonah inquired about borrowing $4,000 from The Bank of Walterboro with Georgiann, their in law from just outside Columbia, and even with the co-signer, Jonah was rejected for this mortgage. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.

Jonah’s Transunion score was changed by the mortgage loan, changing to 434 from 449, which is normal in our experience.

Transunion Score: 434

Fast Loans for Jonah in Columbia, South Carolina to prevent bankruptcy or harm from debt collectors.

Fast loans in Columbia, South Carolina aren’t actually that difficult to obtain, particularly if you have some gumption like Jonah. Jonah was able to find a fast loan for $39000 from The Security Bank and Carolina State Bank, but turned down both offers in favor of their mortgage from South Carolina Community Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. An improvement if a client is in a pinch.

Installment loan for Jonah, a graduate of University of Arkansas at Monticello and an administrative assistant working for over $67,000 per year

Jonah, an alumnus at University of Arkansas at Monticello and an administrative assistant in Columbia, South Carolina needs a mortgage to purchase a new cell phone. Jonah has instead decided to obtain an installment loan for $12,000 and is at present seeking lenders like The Bank of Hartsville to process their request.

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans range from $33,000.00 to $41,000.00. They are typically used to pay off existing high interest loans like credit cards. Jonah needed a debt consolidation loan to pay for their existing mortgage and their loan shark loan. Jonah was able to find a mortgage in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which converts your bad, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.2%.

When Jonah was 23, they attempted to obtain a student loan from 6 alternate banks, which damaged their credit rating. Below is a chronology of Jonah’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $26,000.00 on November 6, 2009
  • Attempt 2) Loan for $35,000.00 on October 3, 2012
  • Attempt 3) Loan for $32,000.00 on July 14, 2010
  • Attempt 4) Loan for $33,000.00 on June 25, 2011
  • Attempt 5) Loan for $39,000.00 on July 4, 2011
  • Attempt 6) Loan for $22,000.00 on September 4, 2012

Several past requests for credit have been made by Jonah in the past, including one from Washington National Bank of Chicago in Columbia, South Carolina before Jonah was approved for the $39000 by South Carolina Community Bank

Jonah made 7 previous attempts to obtain a mortgage, 2 of which were with Washington National Bank of Chicago, a lending institution in Columbia, South Carolina known to specialize in mortgages specifically. Prior to finding South Carolina Community Bank, Jonah was concerned due to their inexperience and bad credit score.

Previous requests on Jonah’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$103100.00 10 9.5% $1334.09 The Peoples Bank June 1, 2011
$102810.00 11 5.5% $1039.81 The Commercial Bank February 17, 2013
$103180.00 3 6.1% $3143.61 The Bank of Hartsville October 9, 2013
$102530.00 7 6.3% $1512.6 Farmers and Merchants Bank of South Carolina February 19, 2014

Personal Loan for an administrative assistant named Jonah in Columbia, South Carolina to Pay Off TJX Rewards Platinum MasterCard

Jonah had a tonne of credit card debt on their US Bank Perks+ Visa Signature Card and their Ducks Unlimited Discover Card, and they were starting to get in over their heads. Despite Jonah’s job as an administrative assistant, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Conclusion of Jonah’s mortgage

In the end, Jonah was able to find a mortgage for $39000 with an interest rate of 10.6% interest APR from South Carolina Community Bank in Columbia, South Carolina repayable over 6 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

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.