$84000 Consolidation Loan – Vanceburg Kentucky, Credit Rating Of 686
- Experian: 703 – This client had a good Experian rating
- Transunion: 669 – Cherri had a good credit score with Transunion.
- Equifax: Cherri’s Experian score was 686, which is a good credit score on the Experian rating scheme.
Before applying for this consolidation loan, Cherri had an Experian score of 703, which is good, so Citizens Deposit Bank & Trust probably can provide Cherri a consolidation loan
Contact Details for Citizens Deposit Bank & Trust, the provider of this consolidation loan
- Citizens Deposit Bank & Trust
- City: Vanceburg
- State: Kentucky
- Address: Second & Main Street
- County: Lewis
- Zip code: 41179
8 Months Ago, Cherri Tried Finding a High Risk Loan for $49,000.00, and it was Hard
There is an ongoing struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Cherri. Cherri decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Individuals with credit ratings as low as 313 can apply for a high risk loan and possibly can be accepted.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $21,000.00 to $52,000.00. They are mainly used to pay off existing high interest loans like credit cards. Cherri required a debt consolidation loan to pay for their existing consolidation loan and their payday loan. Cherri was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.7%.
Personal Loan for a customs inspector named Cherri in Vanceburg, Kentucky to Pay Off PNC Visa Platinum Credit Card
Cherri had a lot of credit card debt on their Phillips 66 and their Wells Fargo Platinum Visa Card, and they were starting to get in over their heads. Despite Cherri’s job as a customs inspector, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Cherri has a very low current total income, but has a high number of prospects
Cherri has always wanted to be a travel agent, but would need attend University of Wyoming again to become one. Cherri has other possibilities as well, including immigration inspector, insurance claim examiner, and engineering professor, which pay $55,000 through to $93,000 per year, on average. Because of this, we believe that Cherri can afford this consolidation loan of $84000.
Cherri’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their customs inspector job and their future job as a travel agent
When Cherri was 24, they attempted to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a list of Cherri’s previous attempts at finding a student loan:
- Attempt 1) Loan for $21,000.00 on September 16, 2010
- Attempt 2) Loan for $25,000.00 on July 21, 2010
- Attempt 3) Loan for $36,000.00 on March 24, 2012
- Attempt 4) Loan for $21,000.00 on June 15, 2010
- Attempt 5) Loan for $32,000.00 on April 29, 2012
Cherri’s Transunion score was changed by the consolidation loan loan, changing to 669 from 686, which is normal in our experience.
Cherri was declined by Citizens Bank & Trust Company, Burgin, Kentucky 5 times prior to being accepted by Citizens Deposit Bank & Trust at Second & Main Street
On April 21, 2009, Cherri inquired about borrowing $16,000 from Peoples Bank and Trust Company with Gerda, their in law from just outside Vanceburg, and even with the co-signer, Cherri was rejected for this consolidation loan. With good credit, it can be very hard to procure financing, even with collateral and a co-signer.
Several past requests for credit have been made by Cherri in the past, including one from Golden Bank, National Association in Vanceburg, Kentucky before Cherri was approved for the $84000 by Citizens Deposit Bank & Trust
Cherri made 6 previous tries to obtain a consolidation loan, 2 of which were with Golden Bank, National Association, a lender in Vanceburg, Kentucky known to specialize in consolidation loans specifically. Before finding Citizens Deposit Bank & Trust, Cherri was desperate due to their inexperience and good credit score.
Signature Loan acquired in Vanceburg, Kentucky for $84000 with good credit by Cherri
A lot of prospective borrowers struggle with obtaining signature loans in Vanceburg, Kentucky, and Cherri is no different. Cherri went to 4 lending institutions or more before finding Citizens Deposit Bank & Trust, who offered Cherri a signature loan for $84000. Typical signature loans simply require a client, like Cherri’s signature to obtain them, up to $23,000 in some cases. Cherri was able to get $84000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans don’t need collateral, these loans tend to require better credit, as high as 707
- Full name (Changed if requested): Cherri Goodchild
- Current Credit: loans.hit.utils.Fico@573fd745
- Current City: Vanceburg
- State: Kentucky
- Zip code: 41183
- Yearly income: $41,000
- Current Job: customs inspector
- Current County: Lewis
- Goal Yearly Income: $117,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Previous requests on Cherri’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$118510.00||6||7.6%||$2054.79||Stock Yards Bank & Trust Company||January 3, 2013|
|$119240.00||7||5.5%||$1713.48||Farmers Deposit Bank of Brandenburg||January 12, 2014|
|$119120.00||3||5.4%||$3591.57||Citizens Bank||February 9, 2014|
|$118890.00||3||10.4%||$3858.61||Citizens Bank & Trust Company, Burgin, Kentucky||December 12, 2014|
|$119140.00||6||9.5%||$2177.25||Farmers National Bank||March 8, 2015|
Fast Loans for Cherri in Vanceburg, Kentucky to prevent bankruptcy or harm from debt collectors.
Fast loans in Vanceburg, Kentucky aren’t actually that difficult to obtain, particularly if you have some finesse like Cherri. Cherri was able to find a fast loan for $84000 from West Side Savings Bank and Commercial Bank, but declined both offers in favor of their consolidation loan from Citizens Deposit Bank & Trust. 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 5 weeks for debt consolidation loans. A big improvement in the case that a borrower is on the go.
Paraphrased and Standardized Quote from Cherri for this consolidation loan of $84000, provided by Citizens Deposit Bank & Trust
Hi, I am Cherri and my hometown is Vanceburg in Kentucky. Lewis, county is where I grew up, and now I need a consolidation loan in Kentucky for $84000 to avoid bankruptcy. It has been difficult, but Citizens Deposit Bank & Trust really came through for me with this loan for 6.4% interest APR and a term of 21 years. I will repay the loan over the 21 year term, including interest. A big thanks to Citizens Deposit Bank & Trust for trusting me and my good credit. It look me 8 years to build my credit to 686, and I won’t harm it any more. I’m pleased with Find Texas Loans for helping me this far.
Installment loan for Cherri, a graduate of University of Wyoming and a customs inspector working for over $63,000 per year
Cherri, an alumnus at University of Wyoming and a customs inspector in Vanceburg, Kentucky needs a consolidation loan to purchase a car. Cherri has instead chosen to obtain an installment loan for $27,000 and is currently seeking lenders like Farmers Deposit Bank to provide it.
Conclusion of Cherri’s consolidation loan
In the end, Cherri was able to find a consolidation loan for $84000 with an interest rate of 8.5% interest APR from Citizens Deposit Bank & Trust in Vanceburg, Kentucky repayable over 21 years from now.