$58000 Signature Loan – Franklin Ohio, Credit Rating Of 719
- Experian: 729 – They had a good Experian rating
- Transunion: 700 – Dwayne had a good credit score with Transunion.
- Equifax: Dwayne’s Experian score was 719, which is a good credit score with the Experian system.
Dwayne’s Transunion score was altered by the signature loan loan, changing to 700 from 719, which is normal in our experience.
Before applying for this signature loan, Dwayne had an Experian score of 729, which is good, so The Community National Bank likely cannot provide Dwayne a signature loan
Dwayne’s Overall FICO score at the time of acceptance for a signature loan, taking into account their furniture designer job and their future career as a subway and streetcar conductor
When Dwayne was 22, they tried to obtain a student loan from 4 alternate banks, which damaged their credit rating. Below is a list of Dwayne’s previous attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on August 8, 2012
- Attempt 2) Loan for $21,000.00 on February 24, 2011
- Attempt 3) Loan for $39,000.00 on January 8, 2010
- Attempt 4) Loan for $34,000.00 on March 21, 2009
Contact Details for The Community National Bank, the provider of this signature loan
- The Community National Bank
- City: Franklin
- State: Ohio
- Address: 1400 East Second Street
- County: Warren
- Zip code: 45005
Dwayne was not approved by The Firestone Bank 5 times prior to being accepted by The Community National Bank at 1400 East Second Street
On July 26, 2011, Dwayne inquired about borrowing $32,000 from The Citizens Bank with Avril, their friend from just outside Franklin, and even with the co-signer, Dwayne was rejected for this signature loan. With good credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $25,000.00 to $58,000.00. They are normally used to pay off existing high interest loans like credit cards. Dwayne required a debt consolidation loan to pay for their existing signature loan and their loan shark loan. Dwayne was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which converts your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 4.6%.
Multiple past requests for credit have been made by Dwayne in the past, including one from Elmwood Federal Savings and Loan Association in Franklin, Ohio before Dwayne was approved for the $58000 by The Community National Bank
Dwayne made 7 prior attempts to obtain a signature loan, 2 of which were with Elmwood Federal Savings and Loan Association, a bank in Franklin, Ohio known to specialize in signature loans specifically. Prior to finding The Community National Bank, Dwayne was desperate due to their inexperience and good credit score.
Paraphrased and Standardized Quote from Dwayne for this signature loan of $58000, provided by The Community National Bank
Hi, I am Dwayne and I am from Franklin in Ohio. Warren, county is where I grew up, and now I need a signature loan in Ohio for $58000 to avoid bankruptcy. It has been difficult, but The Community National Bank really came through for me with this loan for 5.5% interest APR and a term of 9 years. I can repay the loan over the 9 year term, including interest. A big thanks to The Community National Bank for giving me a chance and my good credit. It look me 4 years to create my credit to 719, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.
Fast Loans for Dwayne in Franklin, Ohio to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Franklin, Ohio aren’t actually that difficult to obtain, particularly if you have some finesse like Dwayne. Dwayne was able to find a fast loan for $58000 from 1st Security Bank and The Peoples Bank, but turned down both offers in favor of their signature loan from The Community National Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big difference in the case that you are on the go.
Installment loan for Dwayne, a graduate of Benedictine University and a furniture designer working for over $76,000 per year
Dwayne, an alumnus at Benedictine University and a furniture designer in Franklin, Ohio needs a signature loan to purchase a new cell phone. Dwayne has instead decided to get an installment loan for $2,000 and is currently seeking lenders like The Freeport State Bank to provide it.
- Full name (Changed if requested): Dwayne Hautala
- Current Credit: loans.hit.utils.Fico@6c629d6e
- Current City: Franklin
- State: Ohio
- Zip code: 45011
- Yearly income: $52,000
- Current Job: furniture designer
- Current County: Warren
- Goal Yearly Income: $112,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Previous requests on Dwayne’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$16360.00||8||9.4%||$243.09||The Vinton Banking Company||November 13, 2013|
|$15720.00||5||9.8%||$332.46||The Ohio Valley Bank Company||January 15, 2015|
|$16220.00||9||8.1%||$212.01||The Citizens Bank||March 15, 2015|
|$15880.00||4||11.7%||$415.85||The Peoples Bank||May 22, 2015|
Signature Loan found in Franklin, Ohio for $58000 with good credit by Dwayne
A lot of clients have difficulty with finding signature loans in Franklin, Ohio, and Dwayne is no different. Dwayne went to 8 lending institutions or more prior to finding The Community National Bank, who offered Dwayne a signature loan for $58000. Most signature loans simply need a client, like Dwayne’s signature to obtain them, up to $43,000 in some cases. Dwayne was able to get $58000 as a signature loan, which is very high for a signature loan. Since signature loans do not need a cosigner, these loans tend to require higher credit, as high as 794
Dwayne has a low current gross income, but has several of prospects
Dwayne has always wanted to be a subway and streetcar conductor, but would have to attend Benedictine University again to become one. Dwayne has other possibilities as well, including packers and packagers, tax collector, and systems analyst, which pay $58,000 through to $93,000 per year, on average. Because of this, we think that Dwayne can pay for this signature loan of $58000.
8 Months Ago, Dwayne Tried Finding a High Risk Loan for $38,000.00, and it was Easy
It is an ongoing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Dwayne. Dwayne chose not to obtain a high risk loan this time. High Risk loans are given to terrible credit applicants. Borrowers with credit scores as low as 580 can apply for a high risk loan and may be be approved.
Personal Loan for a furniture designer named Dwayne in Franklin, Ohio to Pay Off Bangor Savings Bank Visa Business Bonus Rewards Card
Dwayne had a tonne of credit card debt on their M&T Bank Visa Business Bonus Rewards Card and their Levin Furniture Credit Card, and they were starting to get in over their heads. Despite Dwayne’s job as a furniture designer, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Conclusion of Dwayne’s signature loan
In the end, Dwayne was able to find a signature loan for $58000 with an interest rate of 10.1% interest APR from The Community National Bank in Franklin, Ohio repayable over 9 years from today.