$36000 Home Loan – Belleville Illinois, Credit Rating Of 426
- Experian: 438 – This individual had a bad Experian score
- Transunion: 407 – Ilse had a bad credit score with Transunion.
- Equifax: Ilse’s Experian score was 426, which is a bad credit score using the Experian scale.
When Ilse was 19, they attempted to obtain a student loan from 5 different banks, which harmed their credit score. Below is a list of Ilse’s prior attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on October 14, 2008
- Attempt 2) Loan for $29,000.00 on July 18, 2010
- Attempt 3) Loan for $37,000.00 on February 7, 2012
- Attempt 4) Loan for $38,000.00 on January 3, 2010
- Attempt 5) Loan for $33,000.00 on October 4, 2010
6 Months in the Past, Ilse Attempted Finding a High Risk Loan for $30,000.00, and it was Hard
There is an well known struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Ilse. Ilse chose not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit applicants. Borrowers with credit scores as low as 530 can apply for a high risk loan and possibly can be approved.
Contact Details for Frontier Federal Savings Bank, the provider of this home loan
- Frontier Federal Savings Bank
- City: Belleville
- State: Illinois
- Address: 401 South Illinois Street
- County: St. Clair
- Zip code: 62220
Ilse was rejected by Citizens State Bank of Milford 5 times before being granted funding by Frontier Federal Savings Bank at 401 South Illinois Street
On February 26, 2013, Ilse applied about borrowing $46,000 from Upper Avenue Bank with Chanelle, their in law from just outside Belleville, and even with the co-signer, Ilse was rejected for this home loan. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.
Signature Loan acquired in Belleville, Illinois for $36000 with bad credit by Ilse
A lot of borrowers have difficulty with obtaining signature loans in Belleville, Illinois, and Ilse is the same. Ilse went to 5 lenders or more before settling on Frontier Federal Savings Bank, who offered Ilse a signature loan for $36000. Typical signature loans simply need a client, like Ilse’s signature to obtain them, up to $42,000 in some cases. Ilse was able to get $36000 as a home loan, which is very high for a home loan. Since signature loans don’t need collateral, they generally need better credit, as high as 708
Before applying for this home loan, Ilse had an Experian score of 438, which is bad, so Frontier Federal Savings Bank probably cannot provide Ilse a home loan
Installment loan for Ilse, a graduate of Akron School of Practical Nursing and a systems analyst working for over $75,000 per year
Ilse, an alumnus at Akron School of Practical Nursing and a systems analyst in Belleville, Illinois needs a home loan to purchase a car. Ilse has instead chosen to obtain an installment loan for $13,000 and is at present seeking lenders like Upper Avenue Bank to process their request.
Fast Loans for Ilse in Belleville, Illinois to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Belleville, Illinois aren’t actually that difficult to obtain, especially if you have some finesse like Ilse. Ilse was able to find a fast loan for $36000 from Commerce Bank and LaSalle Bank NI, but declined both offers in favor of their home loan from Frontier Federal Savings Bank. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. An improvement in the case that a borrower is on the go.
Ilse has a sad current gross income, but has several of prospects
Ilse has always wanted to be an air crew officer, but would need attend Akron School of Practical Nursing again to become one. Ilse has other prospects as well, including game runner, professional sports scout, and sales representative, which pay $54,000 through to $103,000 per year, on average. For this reason, we think that Ilse can pay for this home loan of $36000.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $20,000.00 to $51,000.00. They are mainly used to pay off existing high interest loans like credit cards. Ilse needed a debt consolidation loan to pay for their existing home loan and their payday loan. Ilse was able to find a home loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.7%.
Ilse’s Overall FICO score at the time of acceptance for a home loan, taking into account their systems analyst job and their future career as an air crew officer
Personal Loan for a systems analyst named Ilse in Belleville, Illinois to Pay Off First Hawaiian Bank United MileagePlus Business Credit Card
Ilse had a tonne of credit card debt on their Bank of Akron MasterCard Gold and their Hawaiian Airlines World Elite MasterCard, and they were starting to get in over their heads. Despite Ilse’s job as a systems analyst, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Ilse for this home loan of $36000, provided by Frontier Federal Savings Bank
Hi, I am Ilse and I’m from Belleville in Illinois. St. Clair, county is where I grew up, and now I need a home loan in Illinois for $36000 to buy a big ticket item. It wasn’t easy, but Frontier Federal Savings Bank really came through for me with this loan for 10.3% interest APR and a term of 8 years. I will repay the loan over the 8 year term, including interest. A big thanks to Frontier Federal Savings Bank for trusting me and my bad credit. It look me 7 years to create my credit to 426, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.
Many other requests for credit have been made by Ilse in the past, including one from Guardian Trust Company, FSB in Belleville, Illinois before Ilse was approved for the $36000 by Frontier Federal Savings Bank
Ilse made 4 prior attempts to obtain a home loan, 2 of which were with Guardian Trust Company, FSB, a lender in Belleville, Illinois known to specialize in home loans specifically. Before finding Frontier Federal Savings Bank, Ilse was very concerned due to their inexperience and bad credit rating.
- Full name (Changed if requested): Ilse Elmes
- Current Credit: loans.hit.utils.Fico@5474c6c
- Current City: Belleville
- State: Illinois
- Zip code: 62227
- Yearly income: $52,000
- Current Job: systems analyst
- Current County: St. Clair
- Goal Yearly Income: $122,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Previous requests on Ilse’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$68320.00||5||7.8%||$1378.75||The Gerber State Bank||February 20, 2011|
|$68180.00||4||6.3%||$1610.6||The Belvidere National Bank and Trust Company||July 13, 2011|
|$67600.00||11||7.8%||$764.42||Commerce Bank||November 19, 2012|
|$68210.00||8||11.7%||$1097.39||Byron Bank||July 2, 2013|
Ilse’s Transunion score was changed by the home loan loan, changing to 407 from 426, which is normal in our experience.
Conclusion of Ilse’s home loan
In the end, Ilse was able to find a home loan for $36000 with an interest rate of 6.1% interest APR from Frontier Federal Savings Bank in Belleville, Illinois repayable over 8 years from today.