$129000 Quick Loan – Riverdale Georgia, Credit Score Of 413
- Experian: 424 – The client had a bad Experian rating
- Transunion: 396 – Peter had a bad credit score with Transunion.
- Equifax: Peter’s Experian score was 413, which is a bad credit score with the Experian scale.
Signature Loan found in Riverdale, Georgia for $129000 with bad credit by Peter
Most borrowers have difficulty with finding signature loans in Riverdale, Georgia, and Peter is not an exception. Peter went to 8 lending institutions or more before settling on First Citizens Bank of Clayton County, who offered Peter a signature loan for $129000. Typical signature loans simply require a client, like Peter’s signature to obtain them, up to $21,000 in some cases. Peter was able to get $129000 as a quick loan, which is very high for a quick loan. Since signature loans do not require collateral, they tend to require better credit, as high as 715
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $26,000.00 to $41,000.00. They are normally used to pay off existing high interest loans like credit cards. Peter required a debt consolidation loan to pay for their existing quick loan and their payday loan. Peter was able to find a quick loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which transfers your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.8%.
Fast Loans for Peter in Riverdale, Georgia to prevent bankruptcy or harm from debt collectors.
Fast loans in Riverdale, Georgia aren’t actually that difficult to obtain, especially if you have some gumption like Peter. Peter was able to find a fast loan for $129000 from First National Bank of Griffin and The Citizens and Southern Bank of Colquitt County, but turned down both offers in favor of their quick loan from First Citizens Bank of Clayton County. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big improvement if you are in a pinch.
Before applying for this quick loan, Peter had an Experian score of 424, which is bad, so First Citizens Bank of Clayton County probably cannot provide Peter a quick loan
6 Months Ago, Peter Attempted to Find a High Risk Loan for $23,000.00, and it was Hard
It is an well known struggle for borrowers to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Peter. Peter chose not to obtain a high risk loan this time. High Risk loans are given to very low credit applicants. Individuals with credit scores as low as 463 can inquire for a high risk loan and possibly can be approved.
Paraphrased and Standardized Quote from Peter for this quick loan of $129000, provided by First Citizens Bank of Clayton County
Hello, I am Peter and I’m from Riverdale in Georgia. Clayton, county is where I grew up, and now I need a quick loan in Georgia for $129000 to renovate my home. It wasn’t easy, but First Citizens Bank of Clayton County really came through for me with this loan for 6.4% interest APR and a term of 4 years. I will repay the loan over the 4 year term, including interest. A big thanks to First Citizens Bank of Clayton County for trusting me and my bad credit. It look me 7 years to create my credit to 413, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Peter Massar
- Current Credit: loans.hit.utils.Fico@68de145
- Current City: Riverdale
- State: Georgia
- Zip code: 30281
- Yearly income: $38,000
- Current Job: cement mason
- Current County: Clayton
- Goal Yearly Income: $96,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Contact Details for First Citizens Bank of Clayton County, the provider of this quick loan
- First Citizens Bank of Clayton County
- City: Riverdale
- State: Georgia
- Address: 6375 Highway 85
- County: Clayton
- Zip code: 30274
Peter was not approved by Allied Bank of Georgia 7 times prior to being granted funding by First Citizens Bank of Clayton County at 6375 Highway 85
On March 24, 2012, Peter inquired about borrowing $25,000 from The Citizens and Southern Bank of Dublin with Lupita, their friend from just outside Riverdale, and even with the co-signer, Peter was rejected for this quick loan. With bad credit, it can be challenging to procure financing, even with collateral and a co-signer.
Installment loan for Peter, a graduate of Metropolitan State University of Denver and a cement mason working for over $75,000 per year
Peter, an alumnus at Metropolitan State University of Denver and a cement mason in Riverdale, Georgia needs a quick loan to purchase something frivolous. Peter has instead chosen to get an installment loan for $3,000 and is at present seeking lenders like The Citizens and Southern Bank of Colquitt County to provide it.
Peter’s Overall FICO score at the time of acceptance for a quick loan, taking into account their cement mason job and their future career as an office machine mechanic
When Peter was 21, they attempted to obtain a student loan from 4 alternate banks, which harmed their credit rating. Below is a list of Peter’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on July 21, 2009
- Attempt 2) Loan for $24,000.00 on June 5, 2009
- Attempt 3) Loan for $34,000.00 on August 7, 2010
- Attempt 4) Loan for $31,000.00 on July 12, 2011
Personal Loan for a cement mason named Peter in Riverdale, Georgia to Pay Off America’s First FCU Visa Secured
Peter had a tonne of credit card debt on their PNC Bank CashBuilder Visa Credit Card and their First Bank & Trust Business Visa Card FirstBank Business Visa Credit Card, and they were starting to get in over their heads. Despite Peter’s job as a cement mason, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Multiple past requests for credit have been made by Peter in the past, including one from Homebanc Federal Savings Bank in Riverdale, Georgia before Peter was approved for the $129000 by First Citizens Bank of Clayton County
Peter made 4 previous attempts to obtain a quick loan, 2 of which were with Homebanc Federal Savings Bank, a lender in Riverdale, Georgia known to specialize in quick loans specifically. Before finding First Citizens Bank of Clayton County, Peter was concerned due to their inexperience and bad credit rating.
Peter’s Transunion score was changed by the quick loan loan, changing to 396 from 413, which is normal in our experience.
Previous requests on Peter’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$23150.00||8||8.4%||$331.99||NationsBank of Florida, National Association||December 15, 2009|
|$23400.00||9||8.4%||$309.51||Century Bank and Trust||May 1, 2010|
|$23230.00||9||7.7%||$298.82||Bank of Madison||October 8, 2013|
|$22870.00||10||7.5%||$271.47||Bank of Hazlehurst||April 2, 2014|
Peter has a disappointing current gross income, but has several of prospects
Peter has always wanted to be an office machine mechanic, but would have to attend Metropolitan State University of Denver again to achieve it. Peter has other possibilities as well, including retail sales department supervisor, computer controlled machine tool operator, and aircraft body and bonded structure repairer, which pay $54,000 through to $92,000 per year, at least. For this reason, we think that Peter can afford this quick loan of $129000.
Conclusion of Peter’s quick loan
In the end, Peter was able to find a quick loan for $129000 with an interest rate of 5.3% interest APR from First Citizens Bank of Clayton County in Riverdale, Georgia repayable over 4 years from now.