$16000 Home Loan – Nashville Tennessee, Credit Rating Of 332
- Experian: 343 – This individual had a terrible Experian score
- Transunion: 315 – Miyoko had a terrible credit rating with Transunion.
- Equifax: Miyoko’s Experian score was 332, which is a terrible credit rating with the Experian rating scheme.
- Full name (Changed if requested): Miyoko Guerin
- Current Credit: loans.hit.utils.Fico@6e5e91e4
- Current City: Nashville
- State: Tennessee
- Zip code: 37221
- Yearly income: $41,000
- Current Job: psychology professor
- Current County: Davidson
- Goal Yearly Income: $132,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Miyoko was not approved by The Bank of Goodlettsville 7 times prior to being accepted by Volunteer Federal Savings and Loan Association at 413 Union Street
On February 19, 2009, Miyoko applied about borrowing $8,000 from First Tennessee Bank, Gallatin, Tennessee with Tommye, their friend from just outside Nashville, and even with the co-signer, Miyoko was rejected for this home loan. With terrible credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Contact Details for Volunteer Federal Savings and Loan Association, the provider of this home loan
- Volunteer Federal Savings and Loan Association
- City: Nashville
- State: Tennessee
- Address: 413 Union Street
- County: Davidson
- Zip code: 37219
Miyoko’s Overall FICO score at the time of acceptance for a home loan, taking into account their psychology professor job and their future job as an anesthesiologist
Personal Loan for a psychology professor named Miyoko in Nashville, Tennessee to Pay Off Tarjeta BankAmericard Power Rewards Visa
Miyoko had a tonne of credit card debt on their RBC Visa Business Platinum Avion Card and their Umpqua Bank Visa Platinum, and they were starting to get in over their heads. Despite Miyoko’s job as a psychology professor, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
When Miyoko was 18, they attempted to obtain a student loan from 4 different banks, which harmed their credit rating. Below is a chronology of Miyoko’s previous attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on February 9, 2011
- Attempt 2) Loan for $25,000.00 on December 18, 2010
- Attempt 3) Loan for $29,000.00 on November 22, 2008
- Attempt 4) Loan for $36,000.00 on November 9, 2012
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $38,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Miyoko required a debt consolidation loan to pay for their existing home loan and their loan shark loan. Miyoko was able to find a home loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your dirty, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.3%.
Miyoko’s Transunion score was altered by the home loan loan, changing to 315 from 332, which is normal in our experience.
9 Months Ago, Miyoko Tried to Find a High Risk Loan for $43,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Miyoko. Miyoko chose not to get a high risk loan this time. High Risk loans are given to terrible credit applicants. Individuals with credit ratings as low as 341 can apply for a high risk loan and may be be approved.
Paraphrased and Standardized Quote from Miyoko for this home loan of $16000, provided by Volunteer Federal Savings and Loan Association
Hi, I am Miyoko and I am from Nashville in Tennessee. Davidson, county is where I grew up, and now I need a home loan in Tennessee for $16000 to renovate my home. It has been difficult, but Volunteer Federal Savings and Loan Association really came through for me with this loan for 7.2% interest APR and a term of 11 years. I can probably repay the loan over the 11 year term, including interest. A big thanks to Volunteer Federal Savings and Loan Association for giving me a chance and my terrible credit. It look me 7 years to build my credit to 332, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.
Miyoko has a sad current total income, but has a large amount of prospects
Miyoko has always wanted to be an anesthesiologist, but would have to attend Johns Hopkins University again to become one. Miyoko has other prospects as well, including cook, airline flight reservations administrator, and exhibit artist, which pay $55,000 through to $92,000 per year, on average. Because of this, we believe that Miyoko can pay for this home loan of $16000.
Before applying for this home loan, Miyoko had an Experian score of 343, which is terrible, so Volunteer Federal Savings and Loan Association most likely cannot provide Miyoko a home loan
Previous requests on Miyoko’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$144230.00||6||8.6%||$2571.28||Citizens Bank||January 27, 2012|
|$143590.00||8||6.8%||$1943.4||SunTrust Bank, Chattanooga, National Association||December 12, 2013|
|$143780.00||7||7.6%||$2212.44||GreenBank||December 10, 2014|
|$144170.00||6||10.5%||$2707.36||CommunityFIRST Bank||May 22, 2015|
|$144480.00||5||9.5%||$3034.35||Bank of Belfast||August 29, 2015|
Signature Loan found in Nashville, Tennessee for $16000 with terrible credit by Miyoko
Most borrowers struggle with obtaining signature loans in Nashville, Tennessee, and Miyoko is no exception. Miyoko went to 6 lenders or more prior to settling on Volunteer Federal Savings and Loan Association, who offered Miyoko a signature loan for $16000. Typical signature loans simply need a client, like Miyoko’s signature to obtain them, up to $47,000 in some cases. Miyoko was able to get $16000 as a home loan, which is very high for a home loan. Because signature loans don’t need collateral, these loans generally require improved credit, as high as 714
Several other requests for credit have been made by Miyoko in the past, including one from New First City, Texas – Corpus Christi, National Association in Nashville, Tennessee before Miyoko was accepted for the $16000 by Volunteer Federal Savings and Loan Association
Miyoko made 7 prior attempts to obtain a home loan, 2 of which were with New First City, Texas – Corpus Christi, National Association, a lending institution in Nashville, Tennessee known to specialize in home loans specifically. Before finding Volunteer Federal Savings and Loan Association, Miyoko was desperate due to their inexperience and terrible credit rating.
Installment loan for Miyoko, a graduate of Johns Hopkins University and a psychology professor working for over $66,000 per year
Miyoko, an alumnus at Johns Hopkins University and a psychology professor in Nashville, Tennessee wants a home loan to purchase something frivolous. Miyoko has instead decided to obtain an installment loan for $5,000 and is currently seeking lenders like CommunityFIRST Bank to process their request.
Fast Loans for Miyoko in Nashville, Tennessee to prevent bankruptcy or harm from debt collectors.
Fast loans in Nashville, Tennessee aren’t actually that difficult to obtain, particularly if you have some gumption like Miyoko. Miyoko was able to find a fast loan for $16000 from GreenBank and First State Bank, but declined both offers in favor of their home loan from Volunteer Federal Savings and Loan Association. 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 5 weeks for personal loans. An improvement in the case that you are in a time sensitive situation.
Conclusion of Miyoko’s home loan
In the end, Miyoko was able to find a home loan for $16000 with an interest rate of 5.2% interest APR from Volunteer Federal Savings and Loan Association in Nashville, Tennessee repayable over 11 years from now.