$184000 No Collateral Loan – Morgantown Kentucky, Credit Score Of 420
- Experian: 433 – This individual had a bad Experian score
- Transunion: 403 – Margorie had a bad credit score with Transunion.
- Equifax: Margorie’s Experian score was 420, which is a bad credit rating on the Experian system.
Previous requests on Margorie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$13330.00||8||11.8%||$215.19||Stock Yards Bank & Trust Company||July 23, 2009|
|$12860.00||11||8.5%||$150.29||Farmers Deposit Bank of Brandenburg||September 20, 2010|
|$13480.00||11||5.2%||$134.31||Citizens Bank||December 26, 2012|
|$13480.00||4||8.2%||$330.35||Citizens Bank & Trust Company, Burgin, Kentucky||May 8, 2014|
When Margorie was 24, they attempted to obtain a student loan from 7 different banks, which harmed their credit score. Below is a list of Margorie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $29,000.00 on April 23, 2012
- Attempt 2) Loan for $31,000.00 on January 14, 2012
- Attempt 3) Loan for $37,000.00 on June 1, 2009
- Attempt 4) Loan for $34,000.00 on March 2, 2012
- Attempt 5) Loan for $32,000.00 on December 29, 2013
- Attempt 6) Loan for $33,000.00 on February 24, 2011
- Attempt 7) Loan for $35,000.00 on October 25, 2011
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $20,000.00 to $47,000.00. They are mainly used to pay off existing high interest loans like credit cards. Margorie needed a debt consolidation loan to pay for their existing no collateral loan and their payday loan. Margorie was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your less desirable, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.6%.
Installment loan for Margorie, a graduate of Pima Community College and a film laboratory technician working for over $72,000 per year
Margorie, an alumnus at Pima Community College and a film laboratory technician in Morgantown, Kentucky wants a no collateral loan to purchase a house. Margorie has instead decided to get an installment loan for $16,000 and is currently seeking lenders like Simpson County Bank to provide it.
- Full name (Changed if requested): Margorie Hovden
- Current Credit: loans.hit.utils.Fico@61e4705b
- Current City: Morgantown
- State: Kentucky
- Zip code: 42268
- Yearly income: $42,000
- Current Job: film laboratory technician
- Current County: Butler
- Goal Yearly Income: $109,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Margorie was not approved by Stock Yards Bank & Trust Company 6 times before being granted funding by Green River Bank at Logan Street
On January 25, 2009, Margorie applied about borrowing $41,000 from The First State Bank and Trust Company of Manchester, Kentucky with Sandi, their in law from just outside Morgantown, and even with the co-signer, Margorie was rejected for this no collateral loan. With bad credit, it can be difficult to procure financing, even with collateral and a co-signer.
Before applying for this no collateral loan, Margorie had an Experian score of 433, which is bad, so Green River Bank most likely cannot provide Margorie a no collateral loan
Margorie has a disappointing current total income, but has a high number of prospects
Margorie has always wanted to be an interior designer, but would need attend Pima Community College again to become one. Margorie has other possibilities as well, including fire prevention engineer, air crew member, and industrial waste inspector, which pay $51,000 through to $98,000 per year, on average. Because of this, we believe that Margorie can afford this no collateral loan of $184000.
Margorie’s Transunion score was altered by the no collateral loan loan, changing to 403 from 420, which is typical in our experience.
Margorie’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their film laboratory technician job and their future job as an interior designer
Paraphrased and Standardized Quote from Margorie for this no collateral loan of $184000, provided by Green River Bank
Hi, I am Margorie and my hometown is Morgantown in Kentucky. Butler, county is where I grew up, and now I need a no collateral loan in Kentucky for $184000 to buy a big ticket item. It has been difficult, but Green River Bank really came through for me with this loan for 11.6% interest APR and a term of 15 years. I can repay the loan over the 15 year term, including interest. A big thanks to Green River Bank for giving me a chance and my bad credit. It look me 5 years to create my credit to 420, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
Fast Loans for Margorie in Morgantown, Kentucky to prevent bankruptcy or harm from debt collectors.
Fast loans in Morgantown, Kentucky aren’t actually that difficult to obtain, particularly if you have some gumption like Margorie. Margorie was able to find a fast loan for $184000 from Jackson County Bank and Morgantown Bank & Trust Company, Incorporated, but turned down both offers in favor of their no collateral loan from Green River Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big improvement in the case that a client is in a time sensitive situation.
Several previous requests for credit have been made by Margorie in the past, including one from First Federal Savings Bank of Madison in Morgantown, Kentucky before Margorie was approved for the $184000 by Green River Bank
Margorie made 4 previous attempts to obtain a no collateral loan, 2 of which were with First Federal Savings Bank of Madison, a lending institution in Morgantown, Kentucky known to specialize in no collateral loans specifically. Before finding Green River Bank, Margorie was very concerned due to their inexperience and bad credit rating.
9 Months in the Past, Margorie Tried Finding a High Risk Loan for $34,000.00, and it was Easy
It is an ongoing struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Margorie. Margorie decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Borrowers with credit scores as low as 528 can inquire for a high risk loan and have a chance to be approved.
Signature Loan acquired in Morgantown, Kentucky for $184000 with bad credit by Margorie
Most clients struggle with obtaining signature loans in Morgantown, Kentucky, and Margorie is no exception. Margorie went to 6 lenders or more before finding Green River Bank, who offered Margorie a signature loan for $184000. Most signature loans simply need a client, like Margorie’s signature to obtain them, up to $23,000 in some cases. Margorie was able to get $184000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans do not require collateral, they tend to need higher credit, as high as 785
Personal Loan for a film laboratory technician named Margorie in Morgantown, Kentucky to Pay Off PacSun Credit Card
Margorie had a lot of credit card debt on their Lexus Pursuits Visa Signature Credit Card and their KeyBank Business Rewards MasterCard Credit Card, and they were starting to get in over their heads. Despite Margorie’s job as a film laboratory technician, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Contact Details for Green River Bank, the provider of this no collateral loan
- Green River Bank
- City: Morgantown
- State: Kentucky
- Address: Logan Street
- County: Butler
- Zip code: 42261
Conclusion of Margorie’s no collateral loan
In the end, Margorie was able to find a no collateral loan for $184000 with an interest rate of 5.3% interest APR from Green River Bank in Morgantown, Kentucky repayable over 15 years from today.