$60000 Debt Consolidation Loan – Fort Lauderdale Florida, Credit Score Of 623
- Experian: 633 – This client had a good Experian rating
- Transunion: 608 – Sunshine had a good credit rating with Transunion.
- Equifax: Sunshine’s Experian score was 623, which is a good credit score with the Experian system.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $33,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Sunshine required a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Sunshine was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 4.1%.
Fast Loans for Sunshine in Fort Lauderdale, Florida to prevent bankruptcy or harm from debt collectors.
Fast loans in Fort Lauderdale, Florida aren’t actually that difficult to obtain, particularly if you have some finesse like Sunshine. Sunshine was able to find a fast loan for $60000 from NCNB National Bank of Florida and Century Bank of Orange County, but turned down both offers in favor of their debt consolidation loan from Southeast Bank. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference in the case that a borrower is on the go.
Sunshine’s Transunion score was altered by the debt consolidation loan loan, changing to 608 from 623, which is normal in our experience.
Sunshine was rejected by Hialeah-Miami Springs First State Bank 6 times before being accepted by Southeast Bank at 6451 North Federal Highway
On September 19, 2011, Sunshine inquired about borrowing $7,000 from Barnett Bank of Tampa, National Association with Francesco, their friend from just outside Fort Lauderdale, and even with the co-signer, Sunshine was rejected for this debt consolidation loan. With good credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
8 Months in the Past, Sunshine Tried to Find a High Risk Loan for $48,000.00, and it was Hard
There is an well known struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Sunshine. Sunshine chose not to obtain a high risk loan this time. High Risk loans are given to very low credit applicants. Borrowers with credit ratings as low as 444 can inquire for a high risk loan and possibly can be accepted.
Sunshine has a very low current yearly income, but has several of prospects
Sunshine has always wanted to be a high school administrator, but would need attend The Sage Colleges again to become one. Sunshine has other possibilities as well, including automobile mechanic, aircraft assembler, and construction laborer, which pay $59,000 through to $93,000 per year, on average. Because of this, we believe that Sunshine can afford this debt consolidation loan of $60000.
Signature Loan easily acquired in Fort Lauderdale, Florida for $60000 with good credit by Sunshine
Many clients struggle with obtaining signature loans in Fort Lauderdale, Florida, and Sunshine is no exception. Sunshine went to 5 lenders or more prior to settling on Southeast Bank, who offered Sunshine a signature loan for $60000. Most signature loans simply require a client, like Sunshine’s signature to get them, up to $37,000 in some cases. Sunshine was able to get $60000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not need collateral, they tend to require improved credit, as high as 761
When Sunshine was 18, they attempted to obtain a student loan from 7 alternate lenders, which damaged their credit rating. Below is a list of Sunshine’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on October 3, 2012
- Attempt 2) Loan for $21,000.00 on September 24, 2009
- Attempt 3) Loan for $32,000.00 on October 13, 2012
- Attempt 4) Loan for $31,000.00 on September 9, 2012
- Attempt 5) Loan for $20,000.00 on December 22, 2009
- Attempt 6) Loan for $30,000.00 on October 18, 2010
- Attempt 7) Loan for $26,000.00 on November 2, 2012
Installment loan for Sunshine, a graduate of The Sage Colleges and an electrical parts reconditioner working for over $74,000 per year
Sunshine, an alumnus at The Sage Colleges and an electrical parts reconditioner in Fort Lauderdale, Florida needs a debt consolidation loan to purchase a car. Sunshine has instead chosen to get an installment loan for $27,000 and is at present seeking lenders like First Bank of Crestview to provide it.
Previous requests on Sunshine’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$52840.00||11||11.1%||$694.86||NCNB National Bank of Florida||September 4, 2010|
|$52870.00||4||10.5%||$1353.65||Southeast Bank of Madison County, National Association||May 25, 2011|
|$52830.00||5||10.4%||$1132.91||Southeast Bank of Wildwood||December 31, 2012|
|$53400.00||7||10.1%||$889.26||Atlantic Bank of Jacksonville||September 19, 2013|
|$52880.00||8||10.2%||$808.02||Century National Bank of Broward||February 24, 2014|
Personal Loan for an electrical parts reconditioner named Sunshine in Fort Lauderdale, Florida to Pay Off Mio Prepaid Credit Card
Sunshine had a lot of credit card debt on their SEFCU Secured MasterCard and their BankAmericard Cash Rewards for Students, and they were starting to get in over their heads. Despite Sunshine’s job as an electrical parts reconditioner, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
- Full name (Changed if requested): Sunshine Rickenbaugh
- Current Credit: loans.hit.utils.Fico@4769b07b
- Current City: Fort Lauderdale
- State: Florida
- Zip code: 33311
- Yearly income: $30,000
- Current Job: electrical parts reconditioner
- Current County: Broward
- Goal Yearly Income: $119,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
Contact Details for Southeast Bank, the provider of this debt consolidation loan
- Southeast Bank
- City: Fort Lauderdale
- State: Florida
- Address: 6451 North Federal Highway
- County: Broward
- Zip code: 33310
Multiple other requests for credit have been made by Sunshine in the past, including one from ComBank/Fairvilla in Fort Lauderdale, Florida before Sunshine was approved for the $60000 by Southeast Bank
Sunshine made 5 prior attempts to obtain a debt consolidation loan, 2 of which were with ComBank/Fairvilla, a bank in Fort Lauderdale, Florida known to specialize in debt consolidation loans specifically. Prior to finding Southeast Bank, Sunshine was concerned due to their inexperience and good credit rating.
Sunshine’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their electrical parts reconditioner job and their future job as a high school administrator
Paraphrased and Standardized Quote from Sunshine for this debt consolidation loan of $60000, provided by Southeast Bank
Hello, I am Sunshine and my hometown is Fort Lauderdale in Florida. Broward, county is where I grew up, and now I need a debt consolidation loan in Florida for $60000 to pay bills. It wasn’t easy, but Southeast Bank really came through for me with this loan for 6.6% interest APR and a term of 16 years. I can probably repay the loan over the 16 year term, including interest. A big thanks to Southeast Bank for giving me a chance and my good credit. It look me 9 years to create my credit to 623, and I won’t harm it any more. I’m pleased with Find Texas Loans for helping me this far.
Before applying for this debt consolidation loan, Sunshine had an Experian score of 633, which is good, so Southeast Bank probably can provide Sunshine a debt consolidation loan
Conclusion of Sunshine’s debt consolidation loan
In the end, Sunshine was able to find a debt consolidation loan for $60000 with an interest rate of 11.7% interest APR from Southeast Bank in Fort Lauderdale, Florida repayable over 16 years from today.