$114000 Student Loan – Binghamton New York, Credit Score Of 445
- Experian: 455 – They had a bad Experian score
- Transunion: 430 – Elbert had a bad credit score with Transunion.
- Equifax: Elbert’s Experian score was 445, which is a bad credit score on the Experian system.
Personal Loan for an emergency management specialist named Elbert in Binghamton, New York to Pay Off Jeff Bank Visa Business Bonus Rewards Card
Elbert had a lot of credit card debt on their CoreFirst Bank & Trust Gold Classic Card and their Citgo Plus Card, and they were starting to get in over their heads. Despite Elbert’s job as an emergency management specialist, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.
9 Months in the Past, Elbert Tried Finding a High Risk Loan for $47,000.00, and it was Easy
It is an well known struggle for clients to get high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Elbert. Elbert decided not to obtain a high risk loan this time. High Risk loans are given to terrible credit borrowers. Clients with credit ratings as low as 547 can apply for a high risk loan and may be be accepted.
- Full name (Changed if requested): Elbert Battaglino
- Current Credit: loans.hit.utils.Fico@3c679bde
- Current City: Binghamton
- State: New York
- Zip code: 13903
- Yearly income: $51,000
- Current Job: emergency management specialist
- Current County: Broome
- Goal Yearly Income: $144,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Many past requests for credit have been made by Elbert in the past, including one from Summit Savings Bank, Inc., SSB in Binghamton, New York before Elbert was accepted for the $114000 by FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y.
Elbert made 5 prior attempts to obtain a student loan, 2 of which were with Summit Savings Bank, Inc., SSB, a lending institution in Binghamton, New York known to specialize in student loans specifically. Prior to finding FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y., Elbert was very concerned due to their inexperience and bad credit rating.
Previous requests on Elbert’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$145260.00||7||8.5%||$2300.41||Bankers Trust Company of Albany, National Association||April 6, 2009|
|$144720.00||7||9.2%||$2343.13||Montgomery County Trust Company||September 26, 2011|
|$145350.00||10||10.4%||$1953.15||Bank of Avoca||November 15, 2011|
|$145190.00||9||8.3%||$1912.84||The State Bank of Belmont||June 28, 2012|
Signature Loan easily acquired in Binghamton, New York for $114000 with bad credit by Elbert
Most clients have difficulty with finding signature loans in Binghamton, New York, and Elbert is the same. Elbert went to 6 lenders or more before settling on FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y., who offered Elbert a signature loan for $114000. Most signature loans simply need a client, like Elbert’s signature to get them, up to $34,000 in some cases. Elbert was able to get $114000 as a student loan, which is very high for a student loan. Since signature loans don’t require collateral, these loans tend to need improved credit, as high as 710
Elbert’s Overall FICO score at the time of acceptance for a student loan, taking into account their emergency management specialist job and their future job as a vocational education teachers
Before applying for this student loan, Elbert had an Experian score of 455, which is bad, so FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y. most likely can provide Elbert a student loan
Fast Loans for Elbert in Binghamton, New York to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Binghamton, New York aren’t actually that difficult to obtain, especially if you have some finesse like Elbert. Elbert was able to find a fast loan for $114000 from United States Trust Company of New York and Bank of Millbrook, but declined both offers in favor of their student loan from FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y.. The improvement with a fast loan over a personal 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 you are in a time sensitive situation.
Paraphrased and Standardized Quote from Elbert for this student loan of $114000, provided by FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y.
Hello, I am Elbert and my hometown is Binghamton in New York. Broome, county is where I grew up, and now I need a student loan in New York for $114000 to avoid bankruptcy. It has been difficult, but FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y. really came through for me with this loan for 8.5% interest APR and a term of 7 years. I can probably repay the loan over the 7 year term, including interest. A big thanks to FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y. for giving me a chance and my bad credit. It look me 6 years to build my credit to 445, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
Elbert has a low current yearly income, but has a high number of prospects
Elbert has always wanted to be a vocational education teachers, but would have to attend University of Phoenix again to achieve it. Elbert has other prospects as well, including solid waste disposal administrator, revenue agent, and social welfare administrator, which pay $54,000 through to $108,000 per year, on average. For this reason, we think that Elbert can pay for this student loan of $114000.
Elbert’s Transunion score was changed by the student loan loan, changing to 430 from 445, which is normal in our experience.
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $28,000.00 to $58,000.00. They are normally used to pay off existing high interest loans like credit cards. Elbert required a debt consolidation loan to pay for their existing student loan and their credit card. Elbert was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.1%.
Elbert was declined by Montgomery County Trust Company 4 times before being accepted by FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y. at 2 Court Street
On October 31, 2009, Elbert inquired about borrowing $9,000 from Marine Midland Bank – New York with Mamie, their in law from just outside Binghamton, and even with the co-signer, Elbert was rejected for this student loan. With bad credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Installment loan for Elbert, a graduate of University of Phoenix and an emergency management specialist working for over $60,000 per year
Elbert, an alumnus at University of Phoenix and an emergency management specialist in Binghamton, New York needs a student loan to purchase a car. Elbert has instead chosen to get an installment loan for $23,000 and is at present seeking lenders like Deutsche Bank Trust Company Americas to process their request.
When Elbert was 18, they tried to obtain a student loan from 7 different lenders, which harmed their credit rating. Below is a chronology of Elbert’s previous attempts at finding a student loan:
- Attempt 1) Loan for $21,000.00 on September 27, 2009
- Attempt 2) Loan for $33,000.00 on November 28, 2012
- Attempt 3) Loan for $32,000.00 on June 11, 2011
- Attempt 4) Loan for $29,000.00 on February 2, 2011
- Attempt 5) Loan for $20,000.00 on June 19, 2013
- Attempt 6) Loan for $20,000.00 on March 17, 2009
- Attempt 7) Loan for $30,000.00 on August 11, 2011
Contact Details for FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y., the provider of this student loan
- FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y.
- City: Binghamton
- State: New York
- Address: 2 Court Street
- County: Broome
- Zip code: 13902
Conclusion of Elbert’s student loan
In the end, Elbert was able to find a student loan for $114000 with an interest rate of 9.7% interest APR from FIRST-CITY NATIONAL BANK OF BINGHAMTON, N. Y. in Binghamton, New York repayable over 7 years from now.