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7 Year Consolidation Loan For Lora In Keene New Hampshire

$68000 Consolidation Loan – Keene New Hampshire, Credit Rating Of 393

  • Experian: 404 – The client had a terrible Experian rating
  • Transunion: 381 – Lora had a terrible credit rating with Transunion.
  • Equifax: Lora’s Experian score was 393, which is a terrible credit score using the Experian scale.

8 Months in the Past, Lora Attempted to Find a High Risk Loan for $29,000.00, and it was Hard

It is an existing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Lora. Lora chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Individuals with credit ratings as low as 333 can apply for a high risk loan and have a chance to be accepted.

Before applying for this consolidation loan, Lora had an Experian score of 404, which is terrible, so Granite Bank most likely can provide Lora a consolidation loan

Experian Score: 404

Signature Loan found in Keene, New Hampshire for $68000 with terrible credit by Lora

Many borrowers struggle with obtaining signature loans in Keene, New Hampshire, and Lora is not an exception. Lora went to 8 lending institutions or more before finding Granite Bank, who offered Lora a signature loan for $68000. Typical signature loans simply require a client, like Lora’s signature to obtain them, up to $29,000 in some cases. Lora was able to get $68000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans don’t require collateral, they generally require higher credit, as high as 700

Many previous requests for credit have been made by Lora in the past, including one from Rockingham County Trust Co. in Keene, New Hampshire before Lora was approved for the $68000 by Granite Bank

Lora made 6 previous tries to obtain a consolidation loan, 2 of which were with Rockingham County Trust Co., a bank in Keene, New Hampshire known to specialize in consolidation loans specifically. Before finding Granite Bank, Lora was very concerned due to their inexperience and terrible credit rating.

Paraphrased and Standardized Quote from Lora for this consolidation loan of $68000, provided by Granite Bank

Hello, I am Lora and I’m from Keene in New Hampshire. Cheshire, county is where I grew up, and now I need a consolidation loan in New Hampshire for $68000 to pay bills. It has been difficult, but Granite Bank really came through for me with this loan for 11.1% interest APR and a term of 1 years. I will repay the loan over the 1 year term, including interest. A big thanks to Granite Bank for trusting me and my terrible credit. It look me 8 years to create my credit to 393, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.

Fast Loans for Lora in Keene, New Hampshire to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Keene, New Hampshire aren’t actually that difficult to obtain, particularly if you have some gumption like Lora. Lora was able to find a fast loan for $68000 from Dartmouth National Bank and Bank of New Hampshire, National Association, but turned down both offers in favor of their consolidation loan from Granite Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. An improvement in the case that you are on the go.

Client Profile: Lora Spiney of Keene, New Hampshire
  • Full name (Changed if requested): Lora Spiney
  • Current Credit: loans.hit.utils.Fico@311d617d
  • Current City: Keene
  • State: New Hampshire
  • Zip code: 3440
  • Yearly income: $56,000
  • Current Job: industrial engineering technician
  • Current County: Cheshire
  • Goal Yearly Income: $128,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000

Lora’s Transunion score was changed by the consolidation loan loan, changing to 381 from 393, which is typical in our experience.

Transunion Score: 381

Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt

Most debt consolidation loans range from $28,000.00 to $55,000.00. They are normally used to pay off existing high interest loans like credit cards. Lora required a debt consolidation loan to pay for their existing consolidation loan and their credit card. Lora was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your dirty, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 2.4%.

Previous requests on Lora’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$58870.00 5 9.1% $1224.9 Indian Head Bank North March 2, 2012
$59330.00 3 11.5% $1956.47 First & Ocean National Bank July 9, 2014
$59130.00 6 9.6% $1083.54 Ocean Bank January 26, 2015
$58520.00 11 10.8% $759.4 The Bristol Bank May 19, 2015
$58690.00 11 7.3% $648.06 BankEast, National Association May 26, 2015

Lora’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their industrial engineering technician job and their future job as a history professor

Fico Score: 393

Installment loan for Lora, a graduate of University of Phoenix and an industrial engineering technician working for over $75,000 per year

Lora, an alumnus at University of Phoenix and an industrial engineering technician in Keene, New Hampshire wants a consolidation loan to purchase a house. Lora has instead decided to obtain an installment loan for $26,000 and is currently seeking lenders like The Lancaster National Bank to provide it.

When Lora was 21, they attempted to obtain a student loan from 4 different banks, which damaged their credit rating. Below is a chronology of Lora’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $27,000.00 on January 30, 2010
  • Attempt 2) Loan for $39,000.00 on May 5, 2009
  • Attempt 3) Loan for $33,000.00 on October 29, 2012
  • Attempt 4) Loan for $30,000.00 on February 24, 2011

Lora has a disappointing current total income, but has a large amount of prospects

Lora has always wanted to be a history professor, but would need attend University of Phoenix again to achieve it. Lora has other prospects as well, including script editor, executive secretary, and commercial fisherman, which pay $59,000 through to $92,000 per year, on average. For this reason, we think that Lora can afford this consolidation loan of $68000.

Lora was rejected by The Ashuelot National Bank of Keene 6 times before being accepted by Granite Bank at 122 West Street

On August 7, 2009, Lora inquired about borrowing $33,000 from Indian Head Bank of Exeter with Beau, their friend from just outside Keene, and even with the co-signer, Lora was rejected for this consolidation loan. With terrible credit, it can be challenging to procure funding, even with collateral and a co-signer.

Contact Details for Granite Bank, the provider of this consolidation loan

  • Granite Bank
  • City: Keene
  • State: New Hampshire
  • Address: 122 West Street
  • County: Cheshire
  • Zip code: 3431

Personal Loan for an industrial engineering technician named Lora in Keene, New Hampshire to Pay Off USAA Classic Platinum MasterCard

Lora had a lot of credit card debt on their Ace Hardware Rewards Visa Card and their Holland America Line Rewards Visa Card, and they were starting to get in over their heads. Despite Lora’s job as an industrial engineering technician, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Conclusion of Lora’s consolidation loan

In the end, Lora was able to find a consolidation loan for $68000 with an interest rate of 5.4% interest APR from Granite Bank in Keene, New Hampshire repayable over 1 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.