$80000 Student Loan – Morgan Utah, Credit Rating Of 688
- Experian: 700 – They had a good Experian rating
- Transunion: 676 – Christa had a good credit rating with Transunion.
- Equifax: Christa’s Experian score was 688, which is a good credit score on the Experian rating scheme.
Christa has a sad current total income, but has several of prospects
Christa has always wanted to be a railroad engineer, but would need attend Bard College again to become one. Christa has other possibilities as well, including film editor, hospital administrator, and home economist, which pay $52,000 through to $99,000 per year, at least. Because of this, we think that Christa can afford this student loan of $80000.
6 Months Ago, Christa Tried Finding a High Risk Loan for $22,000.00, and it was Hard
There is an well known struggle for clients to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Christa. Christa chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit clients. Borrowers with credit scores as low as 305 can inquire for a high risk loan and possibly can be accepted.
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans vary from $23,000.00 to $57,000.00. They are mainly used to pay off existing high interest loans like credit cards. Christa needed a debt consolidation loan to pay for their existing student loan and their credit card. Christa was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.7%.
Christa’s Transunion score was changed by the student loan loan, changing to 676 from 688, which is normal in our experience.
Installment loan for Christa, a graduate of Bard College and a hospital administrator working for over $60,000 per year
Christa, an alumnus at Bard College and a hospital administrator in Morgan, Utah wants a student loan to purchase a new cell phone. Christa has instead chosen to obtain an installment loan for $12,000 and is currently seeking lenders like Bank of American Fork to provide it.
Christa’s Overall FICO score at the time of acceptance for a student loan, taking into account their hospital administrator job and their future career as a railroad engineer
When Christa was 20, they tried to obtain a student loan from 6 different banks, which damaged their credit score. Below is a list of Christa’s prior attempts at finding a student loan:
- Attempt 1) Loan for $29,000.00 on October 5, 2013
- Attempt 2) Loan for $26,000.00 on June 9, 2012
- Attempt 3) Loan for $34,000.00 on July 27, 2011
- Attempt 4) Loan for $26,000.00 on April 10, 2012
- Attempt 5) Loan for $31,000.00 on March 9, 2012
- Attempt 6) Loan for $25,000.00 on June 10, 2009
Previous requests on Christa’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $138110.00 | 4 | 6.7% | $3288.03 | Bank of Ephraim | January 20, 2012 |
| $138160.00 | 11 | 11.2% | $1824.88 | Gunnison Valley Bank | December 16, 2013 |
| $137790.00 | 8 | 7.3% | $1899.23 | The Helper State Bank | September 15, 2014 |
| $138130.00 | 7 | 7.1% | $2091.51 | Barnes Banking Company | November 12, 2014 |
Before applying for this student loan, Christa had an Experian score of 700, which is good, so The First National Bank of Morgan probably cannot provide Christa a student loan
- Full name (Changed if requested): Christa Domingo
- Current Credit: loans.hit.utils.Fico@49097b5d
- Current City: Morgan
- State: Utah
- Zip code: 84057
- Yearly income: $39,000
- Current Job: hospital administrator
- Current County: Morgan
- Goal Yearly Income: $142,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Paraphrased and Standardized Quote from Christa for this student loan of $80000, provided by The First National Bank of Morgan
Hello, I am Christa and I’m from Morgan in Utah. Morgan, county is where I grew up, and now I need a student loan in Utah for $80000 to renovate my home. It wasn’t easy, but The First National Bank of Morgan really came through for me with this loan for 7.8% interest APR and a term of 19 years. I will repay the loan over the 19 year term, including interest. A big thanks to The First National Bank of Morgan for giving me a chance and my good credit. It look me 8 years to create my credit to 688, and I won’t harm it any future. I am pleased with Find Texas Loans for assisting me this far.
Contact Details for The First National Bank of Morgan, the provider of this student loan
- The First National Bank of Morgan
- City: Morgan
- State: Utah
- Address: 120 North State Street
- County: Morgan
- Zip code: 84050
Christa was rejected by Lewiston State Bank 6 times prior to being approved by The First National Bank of Morgan at 120 North State Street
On December 3, 2011, Christa applied about borrowing $43,000 from State Bank of Lehi with Ardith, their in law from just outside Morgan, and even with the co-signer, Christa was rejected for this student loan. With good credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Personal Loan for a hospital administrator named Christa in Morgan, Utah to Pay Off Sovereign Bank Business Platinum Card from American Express OPEN
Christa had a tonne of credit card debt on their Riverview Community Bank Visa Business Bonus Rewards PLUS Card and their Fulton Bank Secured Visa Card, and they were starting to get in over their heads. Despite Christa’s job as a hospital administrator, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Multiple previous requests for credit have been made by Christa in the past, including one from First Bank of the Lake in Morgan, Utah before Christa was accepted for the $80000 by The First National Bank of Morgan
Christa made 9 previous tries to obtain a student loan, 2 of which were with First Bank of the Lake, a lending institution in Morgan, Utah known to specialize in student loans specifically. Before finding The First National Bank of Morgan, Christa was desperate due to their inexperience and good credit score.
Signature Loan found in Morgan, Utah for $80000 with good credit by Christa
Most borrowers struggle with finding signature loans in Morgan, Utah, and Christa is not an exception. Christa went to 7 lending institutions or more prior to finding The First National Bank of Morgan, who offered Christa a signature loan for $80000. Most signature loans simply require a client, like Christa’s signature to obtain them, up to $36,000 in some cases. Christa was able to get $80000 as a student loan, which is very high for a student loan. Because signature loans don’t need a cosigner, these loans generally require better credit, as high as 738
Fast Loans for Christa in Morgan, Utah to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Morgan, Utah aren’t actually that difficult to obtain, especially if you have some finesse like Christa. Christa was able to find a fast loan for $80000 from Central Bank and Barnes Banking Company, but declined both offers in favor of their student loan from The First National Bank of Morgan. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big improvement in the case that a borrower is on the go.
Conclusion of Christa’s student loan
In the end, Christa was able to find a student loan for $80000 with an interest rate of 8.4% interest APR from The First National Bank of Morgan in Morgan, Utah repayable over 19 years from now.
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