$68000 Signature Loan – Sharon South Carolina, Credit Score Of 465
- Experian: 483 – They had a bad Experian score
- Transunion: 449 – Florance had a bad credit score with Transunion.
- Equifax: Florance’s Experian score was 465, which is a bad credit rating using the Experian rating scheme.
Personal Loan for a mentally retarded students teacher named Florance in Sharon, South Carolina to Pay Off Virgin Atlantic Black Card
Florance had a lot of credit card debt on their Sports Authority Credit Card and their Chadwicks of Boston Credit Card, and they were starting to get in over their heads. Despite Florance’s job as a mentally retarded students teacher, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
6 Months in the Past, Florance Tried Finding a High Risk Loan for $39,000.00, and it was Hard
It is an ongoing struggle for borrowers to get high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Florance. Florance chose 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. Borrowers with credit scores as low as 589 can apply for a high risk loan and possibly can be approved.
Fast Loans for Florance in Sharon, South Carolina to prevent bankruptcy or harm from debt collectors.
Fast loans in Sharon, South Carolina aren’t actually that difficult to obtain, particularly if you have some finesse like Florance. Florance was able to find a fast loan for $68000 from The Farmers & Merchants Bank and The Security Bank, but turned down both offers in favor of their signature loan from The First National Bank of Sharon. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big improvement if you are on the go.
Florance has a low current gross income, but has a large amount of prospects
Florance has always wanted to be a nuclear medicine technologist, but would have to attend University of Missouri – Columbia again to become one. Florance has other possibilities as well, including cost analysis engineer, excavating machine operator, and airport design engineer, which pay $58,000 through to $108,000 per year, on average. For this reason, we believe that Florance can afford this signature loan of $68000.
- Full name (Changed if requested): Florance Burness
- Current Credit: loans.hit.utils.Fico@7506e922
- Current City: Sharon
- State: South Carolina
- Zip code: 29748
- Yearly income: $47,000
- Current Job: mentally retarded students teacher
- Current County: York
- Goal Yearly Income: $135,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Florance’s Overall FICO score at the time of acceptance for a signature loan, taking into account their mentally retarded students teacher job and their future job as a nuclear medicine technologist
Previous requests on Florance’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$136180.00||8||11.6%||$2183.49||The Peoples Bank||May 22, 2009|
|$136300.00||10||7.3%||$1603.71||The Commercial Bank||September 24, 2010|
|$135700.00||4||10.6%||$3480.94||The Bank of Hartsville||October 17, 2012|
|$135880.00||7||5.8%||$1972.01||Farmers and Merchants Bank of South Carolina||November 23, 2012|
Paraphrased and Standardized Quote from Florance for this signature loan of $68000, provided by The First National Bank of Sharon
Hello, I am Florance and I’m from Sharon in South Carolina. York, county is where I grew up, and now I need a signature loan in South Carolina for $68000 to buy a big ticket item. It has been difficult, but The First National Bank of Sharon really came through for me with this loan for 11.1% interest APR and a term of 11 years. I can repay the loan over the 11 year term, including interest. A big thanks to The First National Bank of Sharon for trusting me and my bad credit. It look me 8 years to create my credit to 465, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
Florance’s Transunion score was changed by the signature loan loan, changing to 449 from 465, which is normal in our experience.
Florance was not approved by United Carolina Bank of South Carolina 4 times prior to being approved by The First National Bank of Sharon at Main Street
On January 17, 2012, Florance applied about borrowing $17,000 from Farmers & Merchants Bank with Kitty, their friend from just outside Sharon, and even with the co-signer, Florance was rejected for this signature loan. With bad credit, it can be very hard to procure financing, even with collateral and a co-signer.
Before applying for this signature loan, Florance had an Experian score of 483, which is bad, so The First National Bank of Sharon most likely cannot provide Florance a signature loan
Installment loan for Florance, a graduate of University of Missouri – Columbia and a mentally retarded students teacher working for over $73,000 per year
Florance, an alumnus at University of Missouri – Columbia and a mentally retarded students teacher in Sharon, South Carolina needs a signature loan to purchase a new cell phone. Florance has instead chosen to get an installment loan for $10,000 and is at present seeking lenders like American Bank & Trust to process their request.
Several past requests for credit have been made by Florance in the past, including one from First Security Bank, Underwood in Sharon, South Carolina before Florance was approved for the $68000 by The First National Bank of Sharon
Florance made 5 prior attempts to obtain a signature loan, 2 of which were with First Security Bank, Underwood, a lender in Sharon, South Carolina known to specialize in signature loans specifically. Prior to finding The First National Bank of Sharon, Florance was desperate due to their inexperience and bad credit rating.
Contact Details for The First National Bank of Sharon, the provider of this signature loan
- The First National Bank of Sharon
- City: Sharon
- State: South Carolina
- Address: Main Street
- County: York
- Zip code: 29742
Signature Loan found in Sharon, South Carolina for $68000 with bad credit by Florance
A lot of clients struggle with finding signature loans in Sharon, South Carolina, and Florance is no exception. Florance went to 7 lending institutions or more prior to finding The First National Bank of Sharon, who offered Florance a signature loan for $68000. Most signature loans simply need a client, like Florance’s signature to get them, up to $35,000 in some cases. Florance was able to get $68000 as a signature loan, which is very high for a signature loan. Since signature loans do not need collateral, these loans tend to require improved credit, as high as 776
When Florance was 18, they attempted to obtain a student loan from 4 different lenders, which damaged their credit score. Below is a list of Florance’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on May 11, 2011
- Attempt 2) Loan for $20,000.00 on August 26, 2011
- Attempt 3) Loan for $24,000.00 on October 8, 2010
- Attempt 4) Loan for $31,000.00 on December 20, 2009
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $25,000.00 to $50,000.00. They are typically used to pay off existing high interest loans like credit cards. Florance required a debt consolidation loan to pay for their existing signature loan and their credit card. Florance was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.4%.
Conclusion of Florance’s signature loan
In the end, Florance was able to find a signature loan for $68000 with an interest rate of 9.0% interest APR from The First National Bank of Sharon in Sharon, South Carolina repayable over 11 years from now.