$21000 Consolidation Loan – Tifton Georgia, Credit Rating Of 365
- Experian: 376 – This individual had a terrible Experian score
- Transunion: 352 – Lorine had a terrible credit rating with Transunion.
- Equifax: Lorine’s Experian score was 365, which is a terrible credit score with the Experian rating scheme.
- Full name (Changed if requested): Lorine Loretz
- Current Credit: loans.hit.utils.Fico@2b05039f
- Current City: Tifton
- State: Georgia
- Zip code: 31802
- Yearly income: $41,000
- Current Job: set designer
- Current County: Tift
- Goal Yearly Income: $127,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Lorine’s Transunion score was changed by the consolidation loan loan, changing to 352 from 365, which is typical in our experience.
Lorine has a disappointing current yearly income, but has a large amount of prospects
Lorine has always wanted to be a military-enlisted personnel, but would have to attend Kaplan Test Prep again to achieve it. Lorine has other possibilities as well, including radio & tv talk show host, credit reporter, and avionics technician, which pay $58,000 through to $104,000 per year, on average. For this reason, we think that Lorine can afford this consolidation loan of $21000.
Paraphrased and Standardized Quote from Lorine for this consolidation loan of $21000, provided by Tifton Banking Company
Hello, I am Lorine and my hometown is Tifton in Georgia. Tift, county is where I grew up, and now I need a consolidation loan in Georgia for $21000 to buy a big ticket item. It wasn’t easy, but Tifton Banking Company really came through for me with this loan for 11.3% interest APR and a term of 5 years. I can probably repay the loan over the 5 year term, including interest. A big thanks to Tifton Banking Company for trusting me and my terrible credit. It look me 6 years to create my credit to 365, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.
6 Months Ago, Lorine Attempted to Find a High Risk Loan for $28,000.00, and it was Hard
There is an well known struggle for borrowers to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Lorine. Lorine chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit applicants. Individuals with credit ratings as low as 441 can apply for a high risk loan and may be be approved.
Previous requests on Lorine’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$107400.00||3||11.8%||$3556.97||NationsBank of Florida, National Association||July 28, 2009|
|$106900.00||11||6.6%||$1141.22||Century Bank and Trust||September 23, 2012|
|$106690.00||3||6.1%||$3250.55||Bank of Madison||November 25, 2013|
|$106570.00||10||7.6%||$1270.57||Bank of Hazlehurst||May 12, 2014|
|$106530.00||6||8.5%||$1893.93||The Citizens and Southern Bank of Dublin||November 6, 2014|
Several past requests for credit have been made by Lorine in the past, including one from Cross Keys Bank in Tifton, Georgia before Lorine was approved for the $21000 by Tifton Banking Company
Lorine made 7 previous tries to obtain a consolidation loan, 2 of which were with Cross Keys Bank, a lender in Tifton, Georgia known to specialize in consolidation loans specifically. Prior to finding Tifton Banking Company, Lorine was very concerned due to their inexperience and terrible credit rating.
When Lorine was 23, they tried to obtain a student loan from 4 different banks, which harmed their credit rating. Below is a chronology of Lorine’s previous attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on April 23, 2010
- Attempt 2) Loan for $23,000.00 on October 25, 2011
- Attempt 3) Loan for $35,000.00 on June 11, 2012
- Attempt 4) Loan for $33,000.00 on April 14, 2012
Signature Loan easily acquired in Tifton, Georgia for $21000 with terrible credit by Lorine
Most borrowers struggle with finding signature loans in Tifton, Georgia, and Lorine is no exception. Lorine went to 4 lending institutions or more prior to finding Tifton Banking Company, who offered Lorine a signature loan for $21000. Typical signature loans simply need a client, like Lorine’s signature to obtain them, up to $32,000 in some cases. Lorine was able to get $21000 as a consolidation loan, which is very high for a consolidation loan. Because signature loans do not require collateral, they generally need improved credit, as high as 715
Before applying for this consolidation loan, Lorine had an Experian score of 376, which is terrible, so Tifton Banking Company most likely cannot provide Lorine a consolidation loan
Installment loan for Lorine, a graduate of Kaplan Test Prep and a set designer working for over $66,000 per year
Lorine, an alumnus at Kaplan Test Prep and a set designer in Tifton, Georgia wants a consolidation loan to purchase a new cell phone. Lorine has instead decided to get an installment loan for $10,000 and is at present seeking lenders like Citizens Bank to provide it.
Contact Details for Tifton Banking Company, the provider of this consolidation loan
- Tifton Banking Company
- City: Tifton
- State: Georgia
- Address: 729 West Second Street
- County: Tift
- Zip code: 31794
Lorine’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their set designer job and their future job as a military-enlisted personnel
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $31,000.00 to $51,000.00. They are normally used to pay off existing high interest loans like credit cards. Lorine needed a debt consolidation loan to pay for their existing consolidation loan and their payday loan. Lorine was able to find a consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.7%.
Personal Loan for a set designer named Lorine in Tifton, Georgia to Pay Off Boston College Platinum MasterCard
Lorine had a tonne of credit card debt on their Marine Corps Association and their Stage Stores Credit Cards, and they were starting to get in over their heads. Despite Lorine’s job as a set designer, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Lorine was declined by First National Bank of Griffin 4 times prior to being accepted by Tifton Banking Company at 729 West Second Street
On January 8, 2010, Lorine applied about borrowing $29,000 from Bank of Madison with Gretchen, their friend from just outside Tifton, and even with the co-signer, Lorine was rejected for this consolidation loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Fast Loans for Lorine in Tifton, Georgia to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Tifton, Georgia aren’t actually that difficult to obtain, especially if you have some finesse like Lorine. Lorine was able to find a fast loan for $21000 from Coffee County Bank and Habersham Bank, but declined both offers in favor of their consolidation loan from Tifton Banking Company. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big improvement if you are in a time sensitive situation.
Conclusion of Lorine’s consolidation loan
In the end, Lorine was able to find a consolidation loan for $21000 with an interest rate of 5.6% interest APR from Tifton Banking Company in Tifton, Georgia repayable over 5 years from today.