$4000 Consolidation Loan – Deland Florida, Credit Rating Of 723
- Experian: 740 – This individual had an excellent Experian score
- Transunion: 704 – Laraine had an excellent credit rating with Transunion.
- Equifax: Laraine’s Experian score was 723, which is an excellent credit score using the Experian scale.
When Laraine was 20, they attempted to obtain a student loan from 6 different lenders, which harmed their credit rating. Below is a list of Laraine’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on December 6, 2008
- Attempt 2) Loan for $31,000.00 on November 2, 2008
- Attempt 3) Loan for $37,000.00 on February 28, 2012
- Attempt 4) Loan for $31,000.00 on February 15, 2011
- Attempt 5) Loan for $20,000.00 on October 24, 2010
- Attempt 6) Loan for $33,000.00 on July 30, 2009
Personal Loan for a child care worker named Laraine in Deland, Florida to Pay Off M&T Visa Credit Card
Laraine had a lot of credit card debt on their The Zales Credit Card and their TD Bank Cash Rewards Visa, and they were starting to get in over their heads. Despite Laraine’s job as a child care worker, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Laraine’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their child care worker job and their future career as a solar energy systems designer
Laraine’s Transunion score was altered by the consolidation loan loan, changing to 704 from 723, which is typical in our experience.
Before applying for this consolidation loan, Laraine had an Experian score of 740, which is excellent, so Empire of America FSB likely cannot provide Laraine a consolidation loan
Contact Details for Empire of America FSB, the provider of this consolidation loan
- Empire of America FSB
- City: Deland
- State: Florida
- Address: 345 North Woodland Blvd
- County: Volusia
- Zip code: 32720
Previous requests on Laraine’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$43120.00||8||5.5%||$556.22||NCNB National Bank of Florida||November 21, 2009|
|$43270.00||4||9.6%||$1089.15||Southeast Bank of Madison County, National Association||February 9, 2011|
|$42610.00||3||8.8%||$1351.02||Southeast Bank of Wildwood||May 25, 2013|
|$42760.00||4||7.1%||$1025.93||Atlantic Bank of Jacksonville||August 29, 2014|
|$42590.00||8||11.7%||$685.21||Century National Bank of Broward||April 6, 2015|
Fast Loans for Laraine in Deland, Florida to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Deland, Florida aren’t actually that difficult to obtain, particularly if you have some finesse like Laraine. Laraine was able to find a fast loan for $4000 from Sun Bank/Palm Beach County, National Association and SunTrust Bank, Tampa Bay, but turned down both offers in favor of their consolidation loan from Empire of America FSB. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big improvement if a client is in a time sensitive situation.
Laraine has a very low current yearly income, but has a high number of prospects
Laraine has always wanted to be a solar energy systems designer, but would need attend Love Beauty School again to become one. Laraine has other possibilities as well, including occupational physician, product planner, and foreign exchange trader, which pay $59,000 through to $105,000 per year, at least. For this reason, we think that Laraine can afford this consolidation loan of $4000.
- Full name (Changed if requested): Laraine Free
- Current Credit: loans.hit.utils.Fico@14514713
- Current City: Deland
- State: Florida
- Zip code: 32727
- Yearly income: $54,000
- Current Job: child care worker
- Current County: Volusia
- Goal Yearly Income: $149,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Several previous requests for credit have been made by Laraine in the past, including one from The Baltic State Bank in Deland, Florida before Laraine was accepted for the $4000 by Empire of America FSB
Laraine made 7 prior attempts to obtain a consolidation loan, 2 of which were with The Baltic State Bank, a lending institution in Deland, Florida known to specialize in consolidation loans specifically. Before finding Empire of America FSB, Laraine was concerned due to their inexperience and excellent credit score.
Signature Loan found in Deland, Florida for $4000 with excellent credit by Laraine
Most prospective borrowers struggle with finding signature loans in Deland, Florida, and Laraine is the same. Laraine went to 5 lending institutions or more before settling on Empire of America FSB, who offered Laraine a signature loan for $4000. Most signature loans simply require a client, like Laraine’s signature to obtain them, up to $35,000 in some cases. Laraine was able to get $4000 as a consolidation loan, which is very high for a consolidation loan. Because signature loans do not require a cosigner, they generally require higher credit, as high as 781
Paraphrased and Standardized Quote from Laraine for this consolidation loan of $4000, provided by Empire of America FSB
Hello, I am Laraine and my hometown is Deland in Florida. Volusia, county is where I grew up, and now I need a consolidation loan in Florida for $4000 to renovate my home. It has been difficult, but Empire of America FSB really came through for me with this loan for 11.2% interest APR and a term of 12 years. I can probably repay the loan over the 12 year term, including interest. A big thanks to Empire of America FSB for giving me a chance and my excellent credit. It look me 4 years to create my credit to 723, and I won’t harm it any more. I’m happy with Find Texas Loans for helping me this far.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $26,000.00 to $55,000.00. They are typically used to pay off existing high interest loans like credit cards. Laraine needed a debt consolidation loan to pay for their existing consolidation loan and their credit card. Laraine was able to find a consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.6%.
7 Months in the Past, Laraine Tried Finding a High Risk Loan for $35,000.00, and it was Easy
It is an ongoing struggle for clients to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Laraine. Laraine decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit clients. Individuals with credit ratings as low as 307 can inquire for a high risk loan and may be be accepted.
Installment loan for Laraine, a graduate of Love Beauty School and a child care worker working for over $78,000 per year
Laraine, an alumnus at Love Beauty School and a child care worker in Deland, Florida needs a consolidation loan to purchase a new cell phone. Laraine has instead chosen to get an installment loan for $23,000 and is currently seeking lenders like Caribank to provide it.
Laraine was declined by Southeast Bank of Wildwood 7 times before being approved by Empire of America FSB at 345 North Woodland Blvd
On May 28, 2011, Laraine inquired about borrowing $17,000 from SunTrust Bank, Northwest, Florida with Lakendra, their in law from just outside Deland, and even with the co-signer, Laraine was rejected for this consolidation loan. With excellent credit, it can be difficult to procure financing, even with collateral and a co-signer.
Conclusion of Laraine’s consolidation loan
In the end, Laraine was able to find a consolidation loan for $4000 with an interest rate of 10.0% interest APR from Empire of America FSB in Deland, Florida repayable over 12 years from now.