$6000 Personal Loan – Albany Oregon, Credit Rating Of 518
- Experian: 534 – The client had a fair Experian rating
- Transunion: 500 – Mazie had a fair credit score with Transunion.
- Equifax: Mazie’s Experian score was 518, which is a fair credit score on the Experian scale.
Fast Loans for Mazie in Albany, Oregon to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Albany, Oregon aren’t actually that difficult to obtain, especially if you have some gumption like Mazie. Mazie was able to find a fast loan for $6000 from Lincoln Bank and Citizens Bank of Oregon, but declined both offers in favor of their personal loan from Linn-Benton Bank. The difference with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. Much better if a client is in a time sensitive situation.
Mazie has a very low current gross income, but has a high number of prospects
Mazie has always wanted to be a mining machine operator, but would need attend Ohio University – Main Campus again to become one. Mazie has other possibilities as well, including construction driller, marking clerk, and farm labor contractor, which pay $53,000 through to $100,000 per year, at least. For this reason, we think that Mazie can pay for this personal loan of $6000.
Previous requests on Mazie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$124350.00||10||10.2%||$1657.1||Polk County State Bank||November 19, 2009|
|$123580.00||11||7.3%||$1364.57||Pacific Western Bank||September 24, 2012|
|$123540.00||10||9.8%||$1618.94||West Coast Bank||November 25, 2012|
|$123570.00||10||6.4%||$1396.83||The Valley National Bank of Oregon||December 14, 2013|
Personal Loan for a carpenter’s assistant named Mazie in Albany, Oregon to Pay Off Salmon Nation Visa
Mazie had a tonne of credit card debt on their Bank of Edwardsville Credit Cards and their I Fly America Visa Card, and they were starting to get in over their heads. Despite Mazie’s job as a carpenter’s assistant, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Installment loan for Mazie, a graduate of Ohio University – Main Campus and a carpenter’s assistant working for over $73,000 per year
Mazie, an alumnus at Ohio University – Main Campus and a carpenter’s assistant in Albany, Oregon needs a personal loan to purchase a new cell phone. Mazie has instead chosen to get an installment loan for $1,000 and is currently seeking lenders like First State Bank of Elgin, Oregon to process their request.
8 Months in the Past, Mazie Tried Finding a High Risk Loan for $47,000.00, and it was Easy
It is an well known struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Mazie. Mazie decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit clients. Clients with credit scores as low as 461 can apply for a high risk loan and possibly can be accepted.
- Full name (Changed if requested): Mazie Grawe
- Current Credit: loans.hit.utils.Fico@27973e9b
- Current City: Albany
- State: Oregon
- Zip code: 97325
- Yearly income: $43,000
- Current Job: carpenter’s assistant
- Current County: Linn
- Goal Yearly Income: $142,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Paraphrased and Standardized Quote from Mazie for this personal loan of $6000, provided by Linn-Benton Bank
Hi, I am Mazie and I’m from Albany in Oregon. Linn, county is where I grew up, and now I need a personal loan in Oregon for $6000 to buy a big ticket item. It has been difficult, but Linn-Benton Bank really came through for me with this loan for 5.7% interest APR and a term of 14 years. I can repay the loan over the 14 year term, including interest. A big thanks to Linn-Benton Bank for giving me a chance and my fair credit. It look me 8 years to create my credit to 518, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Mazie’s Overall FICO score at the time of acceptance for a personal loan, taking into account their carpenter’s assistant job and their future job as a mining machine operator
Signature Loan acquired in Albany, Oregon for $6000 with fair credit by Mazie
Many borrowers have difficulty with obtaining signature loans in Albany, Oregon, and Mazie is no exception. Mazie went to 8 lending institutions or more before settling on Linn-Benton Bank, who offered Mazie a signature loan for $6000. Most signature loans simply need a client, like Mazie’s signature to obtain them, up to $38,000 in some cases. Mazie was able to get $6000 as a personal loan, which is very high for a personal loan. Because signature loans don’t need a cosigner, these loans generally require improved credit, as high as 775
Multiple other requests for credit have been made by Mazie in the past, including one from Florida National Bank of Palm Beach County in Albany, Oregon before Mazie was accepted for the $6000 by Linn-Benton Bank
Mazie made 4 previous tries to obtain a personal loan, 2 of which were with Florida National Bank of Palm Beach County, a lender in Albany, Oregon known to specialize in personal loans specifically. Prior to finding Linn-Benton Bank, Mazie was desperate due to their inexperience and fair credit rating.
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans vary from $26,000.00 to $57,000.00. They are mainly used to pay off existing high interest loans like credit cards. Mazie required a debt consolidation loan to pay for their existing personal loan and their payday loan. Mazie was able to find a personal loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 4.6%.
Before applying for this personal loan, Mazie had an Experian score of 534, which is fair, so Linn-Benton Bank probably cannot provide Mazie a personal loan
Mazie’s Transunion score was changed by the personal loan loan, changing to 500 from 518, which is typical in our experience.
Contact Details for Linn-Benton Bank, the provider of this personal loan
- Linn-Benton Bank
- City: Albany
- State: Oregon
- Address: 333 Southwest Ellsworth
- County: Linn
- Zip code: 97321
Mazie was declined by The Oregon Bank 7 times prior to being approved by Linn-Benton Bank at 333 Southwest Ellsworth
On June 18, 2013, Mazie applied about borrowing $32,000 from Banner Bank of Oregon with Jennefer, their in law from just outside Albany, and even with the co-signer, Mazie was rejected for this personal loan. With fair credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
When Mazie was 20, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a list of Mazie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $21,000.00 on December 10, 2010
- Attempt 2) Loan for $24,000.00 on November 20, 2008
- Attempt 3) Loan for $29,000.00 on March 29, 2012
- Attempt 4) Loan for $24,000.00 on December 11, 2009
- Attempt 5) Loan for $25,000.00 on December 13, 2010
- Attempt 6) Loan for $30,000.00 on June 5, 2010
Conclusion of Mazie’s personal loan
In the end, Mazie was able to find a personal loan for $6000 with an interest rate of 7.1% interest APR from Linn-Benton Bank in Albany, Oregon repayable over 14 years from today.