$3000 Debt Consolidation Loan – New Orleans Louisiana, Credit Rating Of 513
- Experian: 532 – This individual had a fair Experian score
- Transunion: 496 – Lourdes had a fair credit rating with Transunion.
- Equifax: Lourdes’s Experian score was 513, which is a fair credit score using the Experian scale.
Lourdes was declined by The Premier Bank of South Louisiana 4 times before being accepted by Citizens Homestead Association at 325 Carondelet Street
On February 3, 2013, Lourdes inquired about borrowing $5,000 from The First National Bank of Jeanerette with Victorina, their in law from just outside New Orleans, and even with the co-signer, Lourdes was rejected for this debt consolidation loan. With fair credit, it can be challenging to procure funding, even with collateral and a co-signer.
Signature Loan easily acquired in New Orleans, Louisiana for $3000 with fair credit by Lourdes
Most clients struggle with obtaining signature loans in New Orleans, Louisiana, and Lourdes is not an exception. Lourdes went to 7 lending institutions or more prior to finding Citizens Homestead Association, who offered Lourdes a signature loan for $3000. Most signature loans simply need a client, like Lourdes’s signature to get them, up to $26,000 in some cases. Lourdes was able to get $3000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not require collateral, they tend to need improved credit, as high as 731
Lourdes’s Transunion score was altered by the debt consolidation loan loan, changing to 496 from 513, which is typical in our experience.
Previous requests on Lourdes’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$24340.00||4||5.1%||$561.64||Bank of Zachary||August 20, 2010|
|$23690.00||4||5.8%||$554.19||Landmark Bank||May 10, 2013|
|$24120.00||5||6.8%||$475.33||Bank of Gonzales||July 5, 2013|
|$23510.00||7||5.3%||$335.61||The Highlands Bank||March 27, 2014|
|$24110.00||9||9.7%||$335.53||Bank of Grand Cane||April 17, 2015|
Lourdes has a disappointing current total income, but has a high number of prospects
Lourdes has always wanted to be a computer science professor, but would need attend University of Arizona again to achieve it. Lourdes has other possibilities as well, including air crew officer, landscape architect, and vocational education instructors college, which pay $56,000 through to $96,000 per year, on average. For this reason, we think that Lourdes can afford this debt consolidation loan of $3000.
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $27,000.00 to $41,000.00. They are typically used to pay off existing high interest loans like credit cards. Lourdes required a debt consolidation loan to pay for their existing debt consolidation loan and their credit card. Lourdes was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.7%.
Before applying for this debt consolidation loan, Lourdes had an Experian score of 532, which is fair, so Citizens Homestead Association most likely cannot provide Lourdes a debt consolidation loan
Paraphrased and Standardized Quote from Lourdes for this debt consolidation loan of $3000, provided by Citizens Homestead Association
Hello, I am Lourdes and my hometown is New Orleans in Louisiana. Orleans, county is where I grew up, and now I need a debt consolidation loan in Louisiana for $3000 to buy a car. It has been difficult, but Citizens Homestead Association really came through for me with this loan for 9.6% interest APR and a term of 17 years. I can probably repay the loan over the 17 year term, including interest. A big thanks to Citizens Homestead Association for giving me a chance and my fair credit. It look me 7 years to build my credit to 513, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.
When Lourdes was 24, they attempted to obtain a student loan from 6 different lenders, which damaged their credit rating. Below is a list of Lourdes’s previous attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on November 30, 2011
- Attempt 2) Loan for $34,000.00 on August 12, 2010
- Attempt 3) Loan for $21,000.00 on April 24, 2012
- Attempt 4) Loan for $27,000.00 on August 12, 2009
- Attempt 5) Loan for $27,000.00 on September 24, 2012
- Attempt 6) Loan for $39,000.00 on June 23, 2010
Installment loan for Lourdes, a graduate of University of Arizona and an automotive glass installer working for over $72,000 per year
Lourdes, an alumnus at University of Arizona and an automotive glass installer in New Orleans, Louisiana needs a debt consolidation loan to purchase something frivolous. Lourdes has instead decided to get an installment loan for $8,000 and is currently seeking lenders like Bank of Pleasant Hill to process their request.
- Full name (Changed if requested): Lourdes Rombardo
- Current Credit: loans.hit.utils.Fico@4769b07b
- Current City: New Orleans
- State: Louisiana
- Zip code: 70137
- Yearly income: $51,000
- Current Job: automotive glass installer
- Current County: Orleans
- Goal Yearly Income: $88,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Personal Loan for an automotive glass installer named Lourdes in New Orleans, Louisiana to Pay Off Princess Cruises Rewards Visa Card
Lourdes had a tonne of credit card debt on their Fifth Third Platinum Card and their OmniPeace Visa Platinum Rewards Card, and they were starting to get in over their heads. Despite Lourdes’s job as an automotive glass installer, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Multiple other requests for credit have been made by Lourdes in the past, including one from Union Planters Bank of Mid-Missouri in New Orleans, Louisiana before Lourdes was approved for the $3000 by Citizens Homestead Association
Lourdes made 4 previous attempts to obtain a debt consolidation loan, 2 of which were with Union Planters Bank of Mid-Missouri, a bank in New Orleans, Louisiana known to specialize in debt consolidation loans specifically. Prior to finding Citizens Homestead Association, Lourdes was very concerned due to their inexperience and fair credit rating.
Contact Details for Citizens Homestead Association, the provider of this debt consolidation loan
- Citizens Homestead Association
- City: New Orleans
- State: Louisiana
- Address: 325 Carondelet Street
- County: Orleans
- Zip code: 70130
Lourdes’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their automotive glass installer job and their future job as a computer science professor
6 Months Ago, Lourdes Tried Finding a High Risk Loan for $33,000.00, and it was Easy
It is an well known struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Lourdes. Lourdes decided not to obtain a high risk loan this time. High Risk loans are given to terrible credit applicants. Clients with credit ratings as low as 540 can inquire for a high risk loan and possibly can be accepted.
Fast Loans for Lourdes in New Orleans, Louisiana to prevent bankruptcy or broken legs from debt collectors.
Fast loans in New Orleans, Louisiana aren’t actually that difficult to obtain, particularly if you have some finesse like Lourdes. Lourdes was able to find a fast loan for $3000 from The First National Bank of Lake Charles and The First National Bank of Jeanerette, but turned down both offers in favor of their debt consolidation loan from Citizens Homestead Association. 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 personal loans. Much better if you are on the go.
Conclusion of Lourdes’s debt consolidation loan
In the end, Lourdes was able to find a debt consolidation loan for $3000 with an interest rate of 9.7% interest APR from Citizens Homestead Association in New Orleans, Louisiana repayable over 17 years from today.