$39000 Debt Consolidation Loan – Augusta Georgia, Credit Score Of 406
- Experian: 424 – They had a bad Experian score
- Transunion: 387 – Lore had a bad credit rating with Transunion.
- Equifax: Lore’s Experian score was 406, which is a bad credit score on the Experian system.
Previous requests on Lore’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$148490.00||5||10.2%||$3169.61||NationsBank of Florida, National Association||October 6, 2010|
|$148110.00||11||11.8%||$2008.33||Century Bank and Trust||April 25, 2012|
|$148460.00||10||5.5%||$1611.18||Bank of Madison||March 28, 2013|
|$148340.00||3||11.7%||$4905.78||Bank of Hazlehurst||November 19, 2014|
Before applying for this debt consolidation loan, Lore had an Experian score of 424, which is bad, so The Citizens and Southern Bank of Richmond County probably cannot provide Lore a debt consolidation loan
- Full name (Changed if requested): Lore Batun
- Current Credit: loans.hit.utils.Fico@7eda2dbb
- Current City: Augusta
- State: Georgia
- Zip code: 30912
- Yearly income: $64,000
- Current Job: printing/graphic arts reproduction technician
- Current County: Richmond
- Goal Yearly Income: $112,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Paraphrased and Standardized Quote from Lore for this debt consolidation loan of $39000, provided by The Citizens and Southern Bank of Richmond County
Hello, I am Lore and I am from Augusta in Georgia. Richmond, county is where I grew up, and now I need a debt consolidation loan in Georgia for $39000 to buy a car. It has been difficult, but The Citizens and Southern Bank of Richmond County really came through for me with this loan for 9.1% interest APR and a term of 18 years. I will repay the loan over the 18 year term, including interest. A big thanks to The Citizens and Southern Bank of Richmond County for trusting me and my bad credit. It look me 6 years to build my credit to 406, and I won’t harm it any more. I am pleased with Find Texas Loans for helping me this far.
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $22,000.00 to $45,000.00. They are normally used to pay off existing high interest loans like credit cards. Lore required a debt consolidation loan to pay for their existing debt consolidation loan and their payday loan. Lore was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your dirty, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 3.8%.
Fast Loans for Lore in Augusta, Georgia to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Augusta, Georgia aren’t actually that difficult to obtain, especially if you have some finesse like Lore. Lore was able to find a fast loan for $39000 from The Citizens Bank and Sylvester Banking Company, but declined both offers in favor of their debt consolidation loan from The Citizens and Southern Bank of Richmond County. The improvement with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement in the case that a borrower is in a pinch.
Lore has a disappointing current yearly income, but has a high number of prospects
Lore has always wanted to be a dispatcher, but would have to attend Mid Michigan Community College again to achieve it. Lore has other prospects as well, including air crew member, industrial engineering technician, and internal auditor, which pay $58,000 through to $94,000 per year, at least. For this reason, we think that Lore can pay for this debt consolidation loan of $39000.
Personal Loan for a printing/graphic arts reproduction technician named Lore in Augusta, Georgia to Pay Off Lexus Pursuits Visa Platinum Credit Card
Lore had a lot of credit card debt on their KingSize Credit Card and their Fifth Third Preferred Card, and they were starting to get in over their heads. Despite Lore’s job as a printing/graphic arts reproduction technician, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
9 Months in the Past, Lore Tried to Find a High Risk Loan for $37,000.00, and it was Hard
There is an ongoing struggle for clients to get 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 scary to borrowers like Lore. Lore chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit individuals. Borrowers with credit ratings as low as 486 can apply for a high risk loan and have a chance to be accepted.
Lore’s Transunion score was changed by the debt consolidation loan loan, changing to 387 from 406, which is normal in our experience.
Lore was declined by United Bank 6 times before being accepted by The Citizens and Southern Bank of Richmond County at 2820 Peach Orchard Road
On December 17, 2010, Lore inquired about borrowing $2,000 from Talbot State Bank with Chet, their friend from just outside Augusta, and even with the co-signer, Lore was rejected for this debt consolidation loan. With bad credit, it can be difficult to obtain funding, even with collateral and a co-signer.
Installment loan for Lore, a graduate of Mid Michigan Community College and a printing/graphic arts reproduction technician working for over $69,000 per year
Lore, an alumnus at Mid Michigan Community College and a printing/graphic arts reproduction technician in Augusta, Georgia needs a debt consolidation loan to purchase a car. Lore has instead chosen to get an installment loan for $16,000 and is currently seeking lenders like Exchange Bank to process their request.
Signature Loan easily acquired in Augusta, Georgia for $39000 with bad credit by Lore
Many prospective borrowers struggle with finding signature loans in Augusta, Georgia, and Lore is the same. Lore went to 7 lenders or more before finding The Citizens and Southern Bank of Richmond County, who offered Lore a signature loan for $39000. Typical signature loans simply require a client, like Lore’s signature to obtain them, up to $31,000 in some cases. Lore was able to get $39000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not require a cosigner, they tend to require better credit, as high as 749
Contact Details for The Citizens and Southern Bank of Richmond County, the provider of this debt consolidation loan
- The Citizens and Southern Bank of Richmond County
- City: Augusta
- State: Georgia
- Address: 2820 Peach Orchard Road
- County: Richmond
- Zip code: 30906
When Lore was 18, they attempted to obtain a student loan from 7 alternate lenders, which damaged their credit score. Below is a list of Lore’s prior attempts at finding a student loan:
- Attempt 1) Loan for $26,000.00 on June 14, 2010
- Attempt 2) Loan for $39,000.00 on November 18, 2010
- Attempt 3) Loan for $33,000.00 on November 12, 2009
- Attempt 4) Loan for $33,000.00 on October 15, 2011
- Attempt 5) Loan for $35,000.00 on February 5, 2010
- Attempt 6) Loan for $26,000.00 on October 12, 2010
- Attempt 7) Loan for $24,000.00 on September 14, 2013
Lore’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their printing/graphic arts reproduction technician job and their future career as a dispatcher
Several other requests for credit have been made by Lore in the past, including one from Atlantic Financial Savings, F.A. in Augusta, Georgia before Lore was approved for the $39000 by The Citizens and Southern Bank of Richmond County
Lore made 8 previous tries to obtain a debt consolidation loan, 2 of which were with Atlantic Financial Savings, F.A., a bank in Augusta, Georgia known to specialize in debt consolidation loans specifically. Prior to finding The Citizens and Southern Bank of Richmond County, Lore was desperate due to their inexperience and bad credit score.
Conclusion of Lore’s debt consolidation loan
In the end, Lore was able to find a debt consolidation loan for $39000 with an interest rate of 9.5% interest APR from The Citizens and Southern Bank of Richmond County in Augusta, Georgia repayable over 18 years from today.