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Debt Consolidation Loan Of $80000 For Good Credit Georgia Resident

$80000 Debt Consolidation Loan – Macon Georgia, Credit Score Of 616

  • Experian: 629 – The client had a good Experian score
  • Transunion: 601 – Luci had a good credit score with Transunion.
  • Equifax: Luci’s Experian score was 616, which is a good credit score on the Experian scale.

Previous requests on Luci’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$148280.00 5 10.7% $3201.83 NationsBank of Florida, National Association August 18, 2013
$147880.00 7 6.6% $2203.1 Century Bank and Trust November 19, 2014
$148300.00 4 7.8% $3606.53 Bank of Madison February 8, 2015
$148210.00 10 5.2% $1586.53 Bank of Hazlehurst July 1, 2015

Before applying for this debt consolidation loan, Luci had an Experian score of 629, which is good, so American Pride Bank likely cannot provide Luci a debt consolidation loan

Experian Score: 629

Contact Details for American Pride Bank, the provider of this debt consolidation loan

  • American Pride Bank
  • City: Macon
  • State: Georgia
  • Address: 4740 Log Cabin Drive
  • County: Bibb
  • Zip code: 31204

Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Normal debt consolidation loans range from $29,000.00 to $51,000.00. They are normally used to pay off existing high interest loans like credit cards. Luci required a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Luci was able to find a debt consolidation loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your bad, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.1%.

Luci has a sad current gross income, but has several of prospects

Luci has always wanted to be a social work professor, but would need attend Florida College of Natural Health again to become one. Luci has other prospects as well, including fine artist, licensed practical nurse, and funds development administrator, which pay $53,000 through to $94,000 per year, on average. For this reason, we think that Luci can pay for this debt consolidation loan of $80000.

Paraphrased and Standardized Quote from Luci for this debt consolidation loan of $80000, provided by American Pride Bank

Hi, I am Luci and my hometown is Macon in Georgia. Bibb, county is where I grew up, and now I need a debt consolidation loan in Georgia for $80000 to pay bills. It has been difficult, but American Pride Bank really came through for me with this loan for 5.0% interest APR and a term of 20 years. I can probably repay the loan over the 20 year term, including interest. A big thanks to American Pride Bank for giving me a chance and my good credit. It look me 8 years to build my credit to 616, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.

Installment loan for Luci, a graduate of Florida College of Natural Health and a fire protection engineer working for over $63,000 per year

Luci, an alumnus at Florida College of Natural Health and a fire protection engineer in Macon, Georgia needs a debt consolidation loan to purchase a car. Luci has instead chosen to obtain an installment loan for $27,000 and is currently seeking lenders like 1st Community Bank to process their request.

Luci’s Transunion score was changed by the debt consolidation loan loan, changing to 601 from 616, which is typical in our experience.

Transunion Score: 601

Client Profile: Luci Schaubhut of Macon, Georgia
  • Full name (Changed if requested): Luci Schaubhut
  • Current Credit: loans.hit.utils.Fico@4edde6e5
  • Current City: Macon
  • State: Georgia
  • Zip code: 31209
  • Yearly income: $65,000
  • Current Job: fire protection engineer
  • Current County: Bibb
  • Goal Yearly Income: $120,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000

7 Months Ago, Luci Tried Finding a High Risk Loan for $41,000.00, and it was Easy

It is an existing struggle for borrowers to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Luci. Luci chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Clients with credit ratings as low as 424 can apply for a high risk loan and have a chance to be approved.

Signature Loan acquired in Macon, Georgia for $80000 with good credit by Luci

Most prospective borrowers struggle with finding signature loans in Macon, Georgia, and Luci is no different. Luci went to 4 lending institutions or more before finding American Pride Bank, who offered Luci a signature loan for $80000. Typical signature loans simply need a client, like Luci’s signature to obtain them, up to $43,000 in some cases. Luci was able to get $80000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans don’t require collateral, they generally need higher credit, as high as 792

Fast Loans for Luci in Macon, Georgia to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Macon, Georgia aren’t actually that difficult to obtain, especially if you have some gumption like Luci. Luci was able to find a fast loan for $80000 from Bank of Morgan County and Citizens Bank, but turned down both offers in favor of their debt consolidation loan from American Pride Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement if you are in a pinch.

Luci’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their fire protection engineer job and their future career as a social work professor

Fico Score: 616

Personal Loan for a fire protection engineer named Luci in Macon, Georgia to Pay Off Bass Pro Shops Outdoor Rewards Platinum Plus Visa Credit Card

Luci had a lot of credit card debt on their Payoneer CashLynk Prepaid MasterCard and their Silver Prepaid MasterCard, and they were starting to get in over their heads. Despite Luci’s job as a fire protection engineer, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Luci was not approved by The United Banking Company 5 times before being approved by American Pride Bank at 4740 Log Cabin Drive

On September 26, 2011, Luci applied about borrowing $49,000 from Bank of Morgan County with Corrina, their in law from just outside Macon, and even with the co-signer, Luci was rejected for this debt consolidation loan. With good credit, it can be difficult to obtain funding, even with collateral and a co-signer.

Multiple past requests for credit have been made by Luci in the past, including one from Citizens Savings Bank in Macon, Georgia before Luci was accepted for the $80000 by American Pride Bank

Luci made 5 previous tries to obtain a debt consolidation loan, 2 of which were with Citizens Savings Bank, a lender in Macon, Georgia known to specialize in debt consolidation loans specifically. Prior to finding American Pride Bank, Luci was concerned due to their inexperience and good credit rating.

When Luci was 21, they tried to obtain a student loan from 7 different lenders, which harmed their credit score. Below is a chronology of Luci’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $29,000.00 on March 31, 2010
  • Attempt 2) Loan for $31,000.00 on December 25, 2009
  • Attempt 3) Loan for $33,000.00 on February 24, 2012
  • Attempt 4) Loan for $23,000.00 on September 1, 2011
  • Attempt 5) Loan for $24,000.00 on July 30, 2010
  • Attempt 6) Loan for $30,000.00 on May 8, 2010
  • Attempt 7) Loan for $21,000.00 on December 9, 2011

Conclusion of Luci’s debt consolidation loan

In the end, Luci was able to find a debt consolidation loan for $80000 with an interest rate of 9.6% interest APR from American Pride Bank in Macon, Georgia repayable over 20 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.

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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.