$168000 Direct Loan – Babylon New York, Credit Rating Of 319
- Experian: 333 – This client had a terrible Experian rating
- Transunion: 302 – Estelle had a terrible credit rating with Transunion.
- Equifax: Estelle’s Experian score was 319, which is a terrible credit score using the Experian system.
Signature Loan acquired in Babylon, New York for $168000 with terrible credit by Estelle
A lot of borrowers struggle with finding signature loans in Babylon, New York, and Estelle is not an exception. Estelle went to 4 lenders or more before settling on Bank of Long Island, who offered Estelle a signature loan for $168000. Typical signature loans simply require a client, like Estelle’s signature to obtain them, up to $23,000 in some cases. Estelle was able to get $168000 as a direct loan, which is very high for a direct loan. Because signature loans don’t require a cosigner, they tend to need higher credit, as high as 797
When Estelle was 19, they attempted to obtain a student loan from 4 different lenders, which damaged their credit rating. Below is a chronology of Estelle’s prior attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on November 18, 2013
- Attempt 2) Loan for $27,000.00 on February 7, 2011
- Attempt 3) Loan for $36,000.00 on September 8, 2013
- Attempt 4) Loan for $20,000.00 on August 6, 2009
Previous requests on Estelle’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$45820.00||4||10.6%||$1175.36||Bankers Trust Company of Albany, National Association||May 13, 2012|
|$46210.00||4||11.1%||$1196.57||Montgomery County Trust Company||July 20, 2012|
|$45560.00||5||7.7%||$917.27||Bank of Avoca||August 5, 2014|
|$45590.00||11||6.5%||$484.34||The State Bank of Belmont||April 2, 2015|
|$46190.00||3||7.5%||$1436.8||Fleet Bank of New York, National Association||July 21, 2015|
Fast Loans for Estelle in Babylon, New York to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Babylon, New York aren’t actually that difficult to obtain, especially if you have some finesse like Estelle. Estelle was able to find a fast loan for $168000 from The Chase Manhattan Bank (National Association) and The Cohocton State Bank, but turned down both offers in favor of their direct loan from Bank of Long Island. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. An improvement if you are on the go.
9 Months in the Past, Estelle Tried Finding a High Risk Loan for $38,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for clients to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Estelle. Estelle chose not to get a high risk loan this time. High Risk loans are given to bad credit clients. Individuals with credit ratings as low as 356 can apply for a high risk loan and possibly can be accepted.
Before applying for this direct loan, Estelle had an Experian score of 333, which is terrible, so Bank of Long Island probably can provide Estelle a direct loan
Estelle’s Overall FICO score at the time of acceptance for a direct loan, taking into account their agricultural crop farm manager job and their future career as a heavy equipment mechanic
Contact Details for Bank of Long Island, the provider of this direct loan
- Bank of Long Island
- City: Babylon
- State: New York
- Address: 48 Deer Park Avenue
- County: Suffolk
- Zip code: 11702
Estelle was not approved by The Bank of New York 6 times before being accepted by Bank of Long Island at 48 Deer Park Avenue
On March 23, 2009, Estelle applied about borrowing $12,000 from Bank of Avoca with Vada, their in law from just outside Babylon, and even with the co-signer, Estelle was rejected for this direct loan. With terrible credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Paraphrased and Standardized Quote from Estelle for this direct loan of $168000, provided by Bank of Long Island
Hello, I am Estelle and my hometown is Babylon in New York. Suffolk, county is where I grew up, and now I need a direct loan in New York for $168000 to renovate my home. It wasn’t easy, but Bank of Long Island really came through for me with this loan for 10.0% interest APR and a term of 10 years. I will repay the loan over the 10 year term, including interest. A big thanks to Bank of Long Island for trusting me and my terrible credit. It look me 9 years to build my credit to 319, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
Debt Consolidation Can Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $24,000.00 to $56,000.00. They are normally used to pay off existing high interest loans like credit cards. Estelle needed a debt consolidation loan to pay for their existing direct loan and their loan shark loan. Estelle was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your dirty, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.2%.
- Full name (Changed if requested): Estelle Barrio
- Current Credit: loans.hit.utils.Fico@2ef1e4fa
- Current City: Babylon
- State: New York
- Zip code: 11706
- Yearly income: $33,000
- Current Job: agricultural crop farm manager
- Current County: Suffolk
- Goal Yearly Income: $118,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Estelle has a very low current gross income, but has a high number of prospects
Estelle has always wanted to be a heavy equipment mechanic, but would have to attend Indiana Institute of Technology again to become one. Estelle has other possibilities as well, including medical laboratory technician, fish hatchery specialist, and technical publications writer, which pay $52,000 through to $104,000 per year, on average. Because of this, we think that Estelle can afford this direct loan of $168000.
Estelle’s Transunion score was changed by the direct loan loan, changing to 302 from 319, which is typical in our experience.
Personal Loan for an agricultural crop farm manager named Estelle in Babylon, New York to Pay Off Merrill Lynch EMA Card
Estelle had a tonne of credit card debt on their Fifth Third Bank Platinum MasterCard and their Conestoga Bank College Rewards Visa Card, and they were starting to get in over their heads. Despite Estelle’s job as an agricultural crop farm manager, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Many other requests for credit have been made by Estelle in the past, including one from Beacon Federal Savings Bank in Babylon, New York before Estelle was accepted for the $168000 by Bank of Long Island
Estelle made 4 previous attempts to obtain a direct loan, 2 of which were with Beacon Federal Savings Bank, a lender in Babylon, New York known to specialize in direct loans specifically. Prior to finding Bank of Long Island, Estelle was desperate due to their inexperience and terrible credit rating.
Installment loan for Estelle, a graduate of Indiana Institute of Technology and an agricultural crop farm manager working for over $74,000 per year
Estelle, an alumnus at Indiana Institute of Technology and an agricultural crop farm manager in Babylon, New York needs a direct loan to purchase a car. Estelle has instead decided to get an installment loan for $14,000 and is currently seeking lenders like The Bank of New York Mellon to process their request.
Conclusion of Estelle’s direct loan
In the end, Estelle was able to find a direct loan for $168000 with an interest rate of 11.0% interest APR from Bank of Long Island in Babylon, New York repayable over 10 years from now.