$147000 Personal Loan – Miami Florida, Credit Rating Of 785
- Experian: 802 – This individual had an excellent Experian rating
- Transunion: 769 – Helena had an excellent credit rating with Transunion.
- Equifax: Helena’s Experian score was 785, which is an excellent credit score using the Experian system.
Personal Loan for an architecture professor named Helena in Miami, Florida to Pay Off Bangor Savings Bank Credit Cards
Helena had a tonne of credit card debt on their Sunoco Rewards Plus Card and their Arizona Diamondbacks BankAmericard Cash Rewards MasterCard, and they were starting to get in over their heads. Despite Helena’s job as an architecture professor, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Helena was declined by Florida Bank of Volusia County 7 times prior to being granted funding by Pan American Bank of Miami at 250 South East 1st Street
On February 4, 2009, Helena inquired about borrowing $11,000 from The First National Bank of Alachua with Yvone, their friend from just outside Miami, and even with the co-signer, Helena was rejected for this personal loan. With excellent credit, it can be a challenge to procure financing, even with collateral and a co-signer.
Previous requests on Helena’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$77160.00||8||9.7%||$1158.63||NCNB National Bank of Florida||October 20, 2009|
|$77470.00||3||9.4%||$2477.97||Southeast Bank of Madison County, National Association||April 3, 2012|
|$77450.00||6||7.1%||$1324.17||Southeast Bank of Wildwood||September 1, 2012|
|$76640.00||10||10.4%||$1029.86||Atlantic Bank of Jacksonville||February 12, 2013|
|$77460.00||3||11.4%||$2550.64||Century National Bank of Broward||May 2, 2013|
- Full name (Changed if requested): Helena Souvannavong
- Current Credit: loans.hit.utils.Fico@1698c449
- Current City: Miami
- State: Florida
- Zip code: 33106
- Yearly income: $50,000
- Current Job: architecture professor
- Current County: Miami-Dade
- Goal Yearly Income: $83,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Contact Details for Pan American Bank of Miami, the provider of this personal loan
- Pan American Bank of Miami
- City: Miami
- State: Florida
- Address: 250 South East 1st Street
- County: Miami-Dade
- Zip code: 33101
6 Months Ago, Helena Tried to Find a High Risk Loan for $39,000.00, and it was Easy
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 originating loan sharks or the like, which can be physically harmful to borrowers like Helena. Helena chose not to get a high risk loan this time. High Risk loans are given to bad credit borrowers. Individuals with credit scores as low as 521 can apply for a high risk loan and may be be approved.
Before applying for this personal loan, Helena had an Experian score of 802, which is excellent, so Pan American Bank of Miami likely cannot provide Helena a personal loan
Installment loan for Helena, a graduate of Aveda Institute – Covington and an architecture professor working for over $63,000 per year
Helena, an alumnus at Aveda Institute – Covington and an architecture professor in Miami, Florida wants a personal loan to purchase a house. Helena has instead decided to obtain an installment loan for $13,000 and is currently seeking lenders like The Perkins State Bank to process their request.
Helena has a disappointing current gross income, but has a high number of prospects
Helena has always wanted to be a sociology professor, but would have to attend Aveda Institute – Covington again to become one. Helena has other possibilities as well, including mill worker, cartographer, and physician’s assistant, which pay $54,000 through to $93,000 per year, on average. Because of this, we believe that Helena can pay for this personal loan of $147000.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans vary from $32,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Helena required a debt consolidation loan to pay for their existing personal loan and their credit card. Helena was able to find a personal 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 reduced interest loan. Debt consolidation loans generally have interest rates as low as 4.0%.
Helena’s Overall FICO score at the time of acceptance for a personal loan, taking into account their architecture professor job and their future job as a sociology professor
When Helena was 20, they tried to obtain a student loan from 7 alternate banks, which damaged their credit score. Below is a list of Helena’s previous attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on November 11, 2010
- Attempt 2) Loan for $35,000.00 on June 4, 2009
- Attempt 3) Loan for $22,000.00 on June 29, 2010
- Attempt 4) Loan for $29,000.00 on July 24, 2011
- Attempt 5) Loan for $26,000.00 on January 23, 2011
- Attempt 6) Loan for $26,000.00 on April 17, 2014
- Attempt 7) Loan for $34,000.00 on March 27, 2010
Several past requests for credit have been made by Helena in the past, including one from The Bank of Asheville in Miami, Florida before Helena was approved for the $147000 by Pan American Bank of Miami
Helena made 5 previous tries to obtain a personal loan, 2 of which were with The Bank of Asheville, a lender in Miami, Florida known to specialize in personal loans specifically. Before finding Pan American Bank of Miami, Helena was concerned due to their inexperience and excellent credit score.
Signature Loan found in Miami, Florida for $147000 with excellent credit by Helena
Most clients struggle with finding signature loans in Miami, Florida, and Helena is not an exception. Helena went to 7 lenders or more before finding Pan American Bank of Miami, who offered Helena a signature loan for $147000. Typical signature loans simply require a client, like Helena’s signature to obtain them, up to $30,000 in some cases. Helena was able to get $147000 as a personal loan, which is very high for a personal loan. Because signature loans do not need a cosigner, these loans generally require higher credit, as high as 723
Fast Loans for Helena in Miami, Florida to prevent bankruptcy or harm from debt collectors.
Fast loans in Miami, Florida aren’t actually that difficult to obtain, particularly if you have some finesse like Helena. Helena was able to find a fast loan for $147000 from Flagship Bank of Lake Alfred and Sun Bank/Palm Beach County, National Association, but declined both offers in favor of their personal loan from Pan American Bank of Miami. The difference with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement in the case that a client is in a pinch.
Helena’s Transunion score was changed by the personal loan loan, changing to 769 from 785, which is typical in our experience.
Paraphrased and Standardized Quote from Helena for this personal loan of $147000, provided by Pan American Bank of Miami
Hi, I am Helena and I am from Miami in Florida. Miami-Dade, county is where I grew up, and now I need a personal loan in Florida for $147000 to buy a big ticket item. It has been difficult, but Pan American Bank of Miami really came through for me with this loan for 5.8% interest APR and a term of 6 years. I can probably repay the loan over the 6 year term, including interest. A big thanks to Pan American Bank of Miami for giving me a chance and my excellent credit. It look me 9 years to build my credit to 785, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Conclusion of Helena’s personal loan
In the end, Helena was able to find a personal loan for $147000 with an interest rate of 10.5% interest APR from Pan American Bank of Miami in Miami, Florida repayable over 6 years from now.