$70000 Same Day Loan – Richmond Virginia, Credit Score Of 834
- Experian: 848 – This client had an excellent Experian score
- Transunion: 818 – Danny had an excellent credit score with Transunion.
- Equifax: Danny’s Experian score was 834, which is an excellent credit score using the Experian scale.
Contact Details for Ultimate Savings Bank, FSB, the provider of this same day loan
- Ultimate Savings Bank, FSB
- City: Richmond
- State: Virginia
- Address: 616 East Franklin Street
- County: Henrico
- Zip code: 23219
- Full name (Changed if requested): Danny Hillan
- Current Credit: loans.hit.utils.Fico@1698c449
- Current City: Richmond
- State: Virginia
- Zip code: 23226
- Yearly income: $59,000
- Current Job: computer science professor
- Current County: Henrico
- Goal Yearly Income: $124,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Paraphrased and Standardized Quote from Danny for this same day loan of $70000, provided by Ultimate Savings Bank, FSB
Hello, I am Danny and I’m from Richmond in Virginia. Henrico, county is where I grew up, and now I need a same day loan in Virginia for $70000 to renovate my home. It wasn’t easy, but Ultimate Savings Bank, FSB really came through for me with this loan for 8.5% interest APR and a term of 11 years. I can repay the loan over the 11 year term, including interest. A big thanks to Ultimate Savings Bank, FSB for trusting me and my excellent credit. It look me 7 years to create my credit to 834, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
Signature Loan acquired in Richmond, Virginia for $70000 with excellent credit by Danny
Many borrowers struggle with finding signature loans in Richmond, Virginia, and Danny is the same. Danny went to 4 lenders or more before finding Ultimate Savings Bank, FSB, who offered Danny a signature loan for $70000. Typical signature loans simply need a client, like Danny’s signature to get them, up to $43,000 in some cases. Danny was able to get $70000 as a same day loan, which is very high for a same day loan. Since signature loans don’t need collateral, these loans generally need better credit, as high as 725
Multiple other requests for credit have been made by Danny in the past, including one from The Home Builders Association in Richmond, Virginia before Danny was accepted for the $70000 by Ultimate Savings Bank, FSB
Danny made 5 previous attempts to obtain a same day loan, 2 of which were with The Home Builders Association, a lender in Richmond, Virginia known to specialize in same day loans specifically. Prior to finding Ultimate Savings Bank, FSB, Danny was concerned due to their inexperience and excellent credit rating.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $34,000.00 to $44,000.00. They are normally used to pay off existing high interest loans like credit cards. Danny required a debt consolidation loan to pay for their existing same day loan and their loan shark loan. Danny was able to find a same day loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.3%.
Danny’s Overall FICO score at the time of acceptance for a same day loan, taking into account their computer science professor job and their future career as a military-enlisted personnel
Danny’s Transunion score was changed by the same day loan loan, changing to 818 from 834, which is normal in our experience.
Personal Loan for a computer science professor named Danny in Richmond, Virginia to Pay Off First Niagara Secured MasterCard
Danny had a lot of credit card debt on their BB&T Visa Business Credit Card and their Thomasville Credit Card, and they were starting to get in over their heads. Despite Danny’s job as a computer science professor, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Danny was 24, they attempted to obtain a student loan from 5 different lenders, which damaged their credit rating. Below is a list of Danny’s previous attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on August 9, 2010
- Attempt 2) Loan for $25,000.00 on June 19, 2011
- Attempt 3) Loan for $39,000.00 on December 13, 2008
- Attempt 4) Loan for $39,000.00 on June 5, 2011
- Attempt 5) Loan for $36,000.00 on March 23, 2011
Before applying for this same day loan, Danny had an Experian score of 848, which is excellent, so Ultimate Savings Bank, FSB likely cannot provide Danny a same day loan
Fast Loans for Danny in Richmond, Virginia to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Richmond, Virginia aren’t actually that difficult to obtain, particularly if you have some finesse like Danny. Danny was able to find a fast loan for $70000 from Central Fidelity Bank and First Virginia Bank of Augusta, but turned down both offers in favor of their same day loan from Ultimate Savings Bank, FSB. 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 a client is in a time sensitive situation.
Danny has a low current yearly income, but has a high number of prospects
Danny has always wanted to be a military-enlisted personnel, but would have to attend Wisconsin Indianhead Technical College again to achieve it. Danny has other possibilities as well, including zoologist, government budget analyst, and package designer, which pay $53,000 through to $90,000 per year, at least. Because of this, we believe that Danny can pay for this same day loan of $70000.
Danny was rejected by Capital One, National Association 4 times prior to being accepted by Ultimate Savings Bank, FSB at 616 East Franklin Street
On March 3, 2011, Danny applied about borrowing $16,000 from Farmers and Merchants Bank of Boones Mill, Virginia with Emilee, their friend from just outside Richmond, and even with the co-signer, Danny was rejected for this same day loan. With excellent credit, it can be challenging to obtain funding, even with collateral and a co-signer.
6 Months Ago, Danny Tried Finding a High Risk Loan for $30,000.00, and it was Hard
It is an well known struggle for clients to get high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Danny. Danny chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Individuals with credit scores as low as 531 can apply for a high risk loan and have a chance to be approved.
Previous requests on Danny’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$138530.00||8||10.1%||$2109.41||Citizens Bank and Trust Company||September 5, 2010|
|$138770.00||9||8.6%||$1850.06||Peoples Community Bank||September 14, 2011|
|$138510.00||8||6.2%||$1833.74||Crestar Bank||March 6, 2012|
|$138540.00||4||11.6%||$3621.14||The Merchants and Farmers Bank||December 21, 2014|
Installment loan for Danny, a graduate of Wisconsin Indianhead Technical College and a computer science professor working for over $60,000 per year
Danny, an alumnus at Wisconsin Indianhead Technical College and a computer science professor in Richmond, Virginia wants a same day loan to purchase a new cell phone. Danny has instead chosen to get an installment loan for $5,000 and is currently seeking lenders like Bank of Virginia-Southeast to provide it.
Conclusion of Danny’s same day loan
In the end, Danny was able to find a same day loan for $70000 with an interest rate of 10.7% interest APR from Ultimate Savings Bank, FSB in Richmond, Virginia repayable over 11 years from today.