$44000 Personal Loan – Covington Indiana, Credit Score Of 782
- Experian: 796 – The client had an excellent Experian score
- Transunion: 768 – Jonathan had an excellent credit score with Transunion.
- Equifax: Jonathan’s Experian score was 782, which is an excellent credit rating using the Experian scale.
Jonathan’s Overall FICO score at the time of acceptance for a personal loan, taking into account their plant breeder job and their future job as a printmaker
Jonathan was declined by Citizens Banking Company 7 times prior to being granted funding by Bank of Western Indiana at 401 Washington Street
On August 11, 2012, Jonathan applied about borrowing $39,000 from Citizens Banking Company with Sunshine, their in law from just outside Covington, and even with the co-signer, Jonathan was rejected for this personal loan. With excellent credit, it can be difficult to procure funding, even with collateral and a co-signer.
- Full name (Changed if requested): Jonathan Myres
- Current Credit: loans.hit.utils.Fico@d70c109
- Current City: Covington
- State: Indiana
- Zip code: 47933
- Yearly income: $66,000
- Current Job: plant breeder
- Current County: Fountain
- Goal Yearly Income: $106,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Previous requests on Jonathan’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$132220.00||8||6.1%||$1744.01||The Citizens Exchange Bank||April 17, 2009|
|$131760.00||11||5.3%||$1319.41||Alliance Bank||June 19, 2009|
|$132180.00||9||8.5%||$1755.26||Farmers State Bank||February 15, 2012|
|$131810.00||10||5.1%||$1404.5||First United Bank, National Association||March 10, 2012|
|$132180.00||8||7.3%||$1821.9||Farmers State Bank||January 26, 2013|
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $38,000.00 to $59,000.00. They are normally used to pay off existing high interest loans like credit cards. Jonathan needed a debt consolidation loan to pay for their existing personal loan and their loan shark loan. Jonathan was able to find a personal loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.4%.
Many past requests for credit have been made by Jonathan in the past, including one from Berkshire Bank in Covington, Indiana before Jonathan was accepted for the $44000 by Bank of Western Indiana
Jonathan made 4 previous attempts to obtain a personal loan, 2 of which were with Berkshire Bank, a lender in Covington, Indiana known to specialize in personal loans specifically. Before finding Bank of Western Indiana, Jonathan was very concerned due to their inexperience and excellent credit score.
Signature Loan easily acquired in Covington, Indiana for $44000 with excellent credit by Jonathan
A lot of borrowers have difficulty with finding signature loans in Covington, Indiana, and Jonathan is no different. Jonathan went to 5 lenders or more before settling on Bank of Western Indiana, who offered Jonathan a signature loan for $44000. Typical signature loans simply need a client, like Jonathan’s signature to get them, up to $40,000 in some cases. Jonathan was able to get $44000 as a personal loan, which is very high for a personal loan. Because signature loans do not require a cosigner, these loans generally require better credit, as high as 751
Fast Loans for Jonathan in Covington, Indiana to prevent bankruptcy or harm from debt collectors.
Fast loans in Covington, Indiana aren’t actually that difficult to obtain, especially if you have some finesse like Jonathan. Jonathan was able to find a fast loan for $44000 from The Union State Bank and The Fairmount State Bank, but declined both offers in favor of their personal loan from Bank of Western Indiana. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big improvement in the case that you are in a time sensitive situation.
Before applying for this personal loan, Jonathan had an Experian score of 796, which is excellent, so Bank of Western Indiana most likely cannot provide Jonathan a personal loan
Contact Details for Bank of Western Indiana, the provider of this personal loan
- Bank of Western Indiana
- City: Covington
- State: Indiana
- Address: 401 Washington Street
- County: Fountain
- Zip code: 47932
9 Months in the Past, Jonathan Tried Finding a High Risk Loan for $45,000.00, but They Didn’t Find What They were Expecting
It is an ongoing struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Jonathan. Jonathan chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Borrowers with credit ratings as low as 580 can inquire for a high risk loan and may be be approved.
Jonathan has a sad current total income, but has a large amount of prospects
Jonathan has always wanted to be a printmaker, but would need attend University of Colorado Denver again to achieve it. Jonathan has other possibilities as well, including nuclear equipment operation technician, administrative service manager, and script editor, which pay $51,000 through to $92,000 per year, on average. For this reason, we think that Jonathan can pay for this personal loan of $44000.
Personal Loan for a plant breeder named Jonathan in Covington, Indiana to Pay Off US Bank FlexPerks Select Rewards Visa Card
Jonathan had a lot of credit card debt on their Shell Fleet Plus Credit Card and their NBT Bank Visa Business Bonus Rewards Card, and they were starting to get in over their heads. Despite Jonathan’s job as a plant breeder, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Installment loan for Jonathan, a graduate of University of Colorado Denver and a plant breeder working for over $68,000 per year
Jonathan, an alumnus at University of Colorado Denver and a plant breeder in Covington, Indiana needs a personal loan to purchase something frivolous. Jonathan has instead chosen to get an installment loan for $29,000 and is currently seeking lenders like First United Bank, National Association to process their request.
Jonathan’s Transunion score was altered by the personal loan loan, changing to 768 from 782, which is typical in our experience.
Paraphrased and Standardized Quote from Jonathan for this personal loan of $44000, provided by Bank of Western Indiana
Hello, I am Jonathan and my hometown is Covington in Indiana. Fountain, county is where I grew up, and now I need a personal loan in Indiana for $44000 to buy a big ticket item. It wasn’t easy, but Bank of Western Indiana really came through for me with this loan for 9.8% interest APR and a term of 24 years. I can repay the loan over the 24 year term, including interest. A big thanks to Bank of Western Indiana for trusting me and my excellent credit. It look me 6 years to create my credit to 782, and I won’t tarnish it any future. I am happy with Find Texas Loans for assisting me this far.
When Jonathan was 20, they tried to obtain a student loan from 5 alternate banks, which damaged their credit rating. Below is a chronology of Jonathan’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on October 24, 2011
- Attempt 2) Loan for $37,000.00 on June 13, 2010
- Attempt 3) Loan for $36,000.00 on September 30, 2011
- Attempt 4) Loan for $24,000.00 on July 31, 2010
- Attempt 5) Loan for $39,000.00 on January 4, 2013
Conclusion of Jonathan’s personal loan
In the end, Jonathan was able to find a personal loan for $44000 with an interest rate of 11.1% interest APR from Bank of Western Indiana in Covington, Indiana repayable over 24 years from now.