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Alishia Had Need For A Mortgage For $93000, Holcomb, Illinois

$93000 Mortgage – Holcomb Illinois, Credit Score Of 641

  • Experian: 655 – They had a good Experian rating
  • Transunion: 627 – Alishia had a good credit rating with Transunion.
  • Equifax: Alishia’s Experian score was 641, which is a good credit score using the Experian scale.

Alishia has a very low current total income, but has a large amount of prospects

Alishia has always wanted to be an airline flight attendant, but would need attend University of Phoenix again to become one. Alishia has other prospects as well, including recreational vehicle mechanic, cartoonist, and quality control inspector, which pay $54,000 through to $107,000 per year, at least. Because of this, we think that Alishia can pay for this mortgage of $93000.

Alishia was declined by State Bank of Clearing 4 times prior to being approved by Holcomb State Bank at 108 W Main Street

On September 26, 2010, Alishia inquired about borrowing $25,000 from State Bank of Niantic with Usha, their friend from just outside Holcomb, and even with the co-signer, Alishia was rejected for this mortgage. With good credit, it can be very hard to obtain financing, even with collateral and a co-signer.

Personal Loan for an exercise physiologist named Alishia in Holcomb, Illinois to Pay Off RBC Business Cash Back MasterCard

Alishia had a tonne of credit card debt on their University Credit Union Platinum MasterCard and their BancorpSouth Student Visa, and they were starting to get in over their heads. Despite Alishia’s job as an exercise physiologist, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

When Alishia was 23, they tried to obtain a student loan from 6 different lenders, which harmed their credit score. Below is a chronology of Alishia’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $26,000.00 on November 15, 2012
  • Attempt 2) Loan for $37,000.00 on July 5, 2011
  • Attempt 3) Loan for $27,000.00 on March 25, 2009
  • Attempt 4) Loan for $33,000.00 on February 7, 2010
  • Attempt 5) Loan for $27,000.00 on March 1, 2012
  • Attempt 6) Loan for $28,000.00 on May 29, 2012

Before applying for this mortgage, Alishia had an Experian score of 655, which is good, so Holcomb State Bank probably cannot provide Alishia a mortgage

Experian Score: 655

Previous requests on Alishia’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$64150.00 3 8.1% $2013.19 The Gerber State Bank October 26, 2009
$64400.00 3 8.5% $2032.95 The Belvidere National Bank and Trust Company November 21, 2009
$64400.00 5 11.8% $1426.04 Commerce Bank June 24, 2010
$63840.00 10 9.6% $829.57 Byron Bank August 1, 2011

Paraphrased and Standardized Quote from Alishia for this mortgage of $93000, provided by Holcomb State Bank

Hello, I am Alishia and I’m from Holcomb in Illinois. Ogle, county is where I grew up, and now I need a mortgage in Illinois for $93000 to avoid bankruptcy. It wasn’t easy, but Holcomb State Bank really came through for me with this loan for 6.8% interest APR and a term of 24 years. I can repay the loan over the 24 year term, including interest. A big thanks to Holcomb State Bank for giving me a chance and my good credit. It look me 7 years to build my credit to 641, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans vary from $38,000.00 to $41,000.00. They are typically used to pay off existing high interest loans like credit cards. Alishia required a debt consolidation loan to pay for their existing mortgage and their loan shark loan. Alishia was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 2.5%.

Signature Loan easily acquired in Holcomb, Illinois for $93000 with good credit by Alishia

A lot of clients have difficulty with obtaining signature loans in Holcomb, Illinois, and Alishia is no exception. Alishia went to 5 lending institutions or more prior to finding Holcomb State Bank, who offered Alishia a signature loan for $93000. Most signature loans simply require a client, like Alishia’s signature to obtain them, up to $21,000 in some cases. Alishia was able to get $93000 as a mortgage, which is very high for a mortgage. Because signature loans do not require collateral, they tend to require higher credit, as high as 732

Fast Loans for Alishia in Holcomb, Illinois to prevent bankruptcy or harm from debt collectors.

Fast loans in Holcomb, Illinois aren’t actually that difficult to obtain, especially if you have some gumption like Alishia. Alishia was able to find a fast loan for $93000 from The State Bank of Geneva and Bank One, Illinois, National Association, but declined both offers in favor of their mortgage from Holcomb State Bank. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big difference if a client is on the go.

Contact Details for Holcomb State Bank, the provider of this mortgage

  • Holcomb State Bank
  • City: Holcomb
  • State: Illinois
  • Address: 108 W Main Street
  • County: Ogle
  • Zip code: 61043
Client Profile: Alishia Rona of Holcomb, Illinois
  • Full name (Changed if requested): Alishia Rona
  • Current Credit: loans.hit.utils.Fico@63c12fb0
  • Current City: Holcomb
  • State: Illinois
  • Zip code: 61050
  • Yearly income: $38,000
  • Current Job: exercise physiologist
  • Current County: Ogle
  • Goal Yearly Income: $130,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Alishia’s Transunion score was changed by the mortgage loan, changing to 627 from 641, which is normal in our experience.

Transunion Score: 627

Alishia’s Overall FICO score at the time of acceptance for a mortgage, taking into account their exercise physiologist job and their future job as an airline flight attendant

Fico Score: 641

7 Months Ago, Alishia Attempted Finding a High Risk Loan for $32,000.00, and it was Hard

There is an ongoing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Alishia. Alishia chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit clients. Borrowers with credit ratings as low as 385 can inquire for a high risk loan and possibly can be approved.

Installment loan for Alishia, a graduate of University of Phoenix and an exercise physiologist working for over $77,000 per year

Alishia, an alumnus at University of Phoenix and an exercise physiologist in Holcomb, Illinois needs a mortgage to purchase a car. Alishia has instead chosen to get an installment loan for $7,000 and is at present seeking lenders like Amalgamated Bank of Chicago to process their request.

Multiple previous requests for credit have been made by Alishia in the past, including one from Rutland Bank in Holcomb, Illinois before Alishia was approved for the $93000 by Holcomb State Bank

Alishia made 6 previous tries to obtain a mortgage, 2 of which were with Rutland Bank, a lending institution in Holcomb, Illinois known to specialize in mortgages specifically. Prior to finding Holcomb State Bank, Alishia was desperate due to their inexperience and good credit score.

Conclusion of Alishia’s mortgage

In the end, Alishia was able to find a mortgage for $93000 with an interest rate of 8.3% interest APR from Holcomb State Bank in Holcomb, Illinois repayable over 24 years from now.

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.