$66000 Emergency Loan – Los Angeles California, Credit Rating Of 694
- Experian: 712 – This client had a good Experian rating
- Transunion: 680 – Jin had a good credit score with Transunion.
- Equifax: Jin’s Experian score was 694, which is a good credit rating on the Experian rating scheme.
Installment loan for Jin, a graduate of Saint Xavier University and a personnel assistant working for over $72,000 per year
Jin, an alumnus at Saint Xavier University and a personnel assistant in Los Angeles, California wants an emergency loan to purchase a house. Jin has instead chosen to obtain an installment loan for $24,000 and is at present seeking lenders like First Interstate Bank of California to provide it.
Previous requests on Jin’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$81860.00||11||10.6%||$1052.86||Santa Monica Bank||September 13, 2010|
|$81760.00||3||7.3%||$2535.74||Farmers and Merchants Bank of Long Beach||October 5, 2012|
|$82120.00||3||5.7%||$2487.1||First Interstate Bank of California||March 29, 2013|
|$81800.00||10||7.7%||$979.54||Union Bank||March 28, 2014|
|$82310.00||11||11.3%||$1091.98||Citizens Commercial Trust and Savings Bank of Pasadena||October 5, 2014|
Jin’s Transunion score was changed by the emergency loan loan, changing to 680 from 694, which is normal in our experience.
Contact Details for Wells Fargo Bank, Ltd., the provider of this emergency loan
- Wells Fargo Bank, Ltd.
- City: Los Angeles
- State: California
- Address: 707 Wilshire Boulevard
- County: Los Angeles
- Zip code: 90017
Personal Loan for a personnel assistant named Jin in Los Angeles, California to Pay Off Jeff Bank Visa Signature Bonus Rewards Card
Jin had a tonne of credit card debt on their Amphibian Ark Visa Platinum Rewards Card and their Lowes Canada Credit Card, and they were starting to get in over their heads. Despite Jin’s job as a personnel assistant, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Jin for this emergency loan of $66000, provided by Wells Fargo Bank, Ltd.
Hi, I am Jin and I’m from Los Angeles in California. Los Angeles, county is where I grew up, and now I need a emergency loan in California for $66000 to buy a big ticket item. It wasn’t easy, but Wells Fargo Bank, Ltd. really came through for me with this loan for 7.7% interest APR and a term of 18 years. I can probably repay the loan over the 18 year term, including interest. A big thanks to Wells Fargo Bank, Ltd. for trusting me and my good credit. It look me 4 years to create my credit to 694, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.
Many past requests for credit have been made by Jin in the past, including one from Valley National Bank of Auburn in Los Angeles, California before Jin was approved for the $66000 by Wells Fargo Bank, Ltd.
Jin made 7 previous tries to obtain an emergency loan, 2 of which were with Valley National Bank of Auburn, a lending institution in Los Angeles, California known to specialize in emergency loans specifically. Before finding Wells Fargo Bank, Ltd., Jin was concerned due to their inexperience and good credit rating.
Jin’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their personnel assistant job and their future job as a social work professor
When Jin was 19, they attempted to obtain a student loan from 7 different banks, which damaged their credit rating. Below is a list of Jin’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on January 26, 2010
- Attempt 2) Loan for $38,000.00 on January 29, 2012
- Attempt 3) Loan for $21,000.00 on February 22, 2012
- Attempt 4) Loan for $23,000.00 on December 10, 2010
- Attempt 5) Loan for $26,000.00 on September 22, 2011
- Attempt 6) Loan for $35,000.00 on March 9, 2010
- Attempt 7) Loan for $37,000.00 on September 29, 2012
- Full name (Changed if requested): Jin Sedman
- Current Credit: loans.hit.utils.Fico@2530c12
- Current City: Los Angeles
- State: California
- Zip code: 90026
- Yearly income: $37,000
- Current Job: personnel assistant
- Current County: Los Angeles
- Goal Yearly Income: $82,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Jin has a disappointing current gross income, but has several of prospects
Jin has always wanted to be a social work professor, but would need attend Saint Xavier University again to achieve it. Jin has other possibilities as well, including area, audio-visual collections specialist, and field health officer, which pay $50,000 through to $103,000 per year, at least. Because of this, we believe that Jin can pay for this emergency loan of $66000.
Fast Loans for Jin in Los Angeles, California to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Los Angeles, California aren’t actually that difficult to obtain, especially if you have some gumption like Jin. Jin was able to find a fast loan for $66000 from Wells Fargo Bank, National Association and Bank of Stockton, but declined both offers in favor of their emergency loan from Wells Fargo Bank, Ltd.. 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 6 weeks for personal loans. An improvement if you are on the go.
8 Months in the Past, Jin Attempted Finding a High Risk Loan for $46,000.00, and it was Hard
There is an well known struggle for clients to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Jin. Jin chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit borrowers. Borrowers with credit ratings as low as 596 can inquire for a high risk loan and may be be accepted.
Signature Loan acquired in Los Angeles, California for $66000 with good credit by Jin
A lot of borrowers struggle with obtaining signature loans in Los Angeles, California, and Jin is no exception. Jin went to 5 lending institutions or more prior to settling on Wells Fargo Bank, Ltd., who offered Jin a signature loan for $66000. Typical signature loans simply require a client, like Jin’s signature to get them, up to $22,000 in some cases. Jin was able to get $66000 as a emergency loan, which is very high for an emergency loan. Because signature loans don’t require a cosigner, these loans tend to need higher credit, as high as 716
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans vary from $22,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Jin needed a debt consolidation loan to pay for their existing emergency loan and their payday loan. Jin was able to find a emergency 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 that are low, like 2.6%.
Before applying for this emergency loan, Jin had an Experian score of 712, which is good, so Wells Fargo Bank, Ltd. probably cannot provide Jin an emergency loan
Jin was not approved by Citizens Bank of Roseville 6 times before being approved by Wells Fargo Bank, Ltd. at 707 Wilshire Boulevard
On June 29, 2010, Jin inquired about borrowing $49,000 from Community First National Bank with Darleen, their friend from just outside Los Angeles, and even with the co-signer, Jin was rejected for this emergency loan. With good credit, it can be challenging to obtain funding, even with collateral and a co-signer.
Conclusion of Jin’s emergency loan
In the end, Jin was able to find an emergency loan for $66000 with an interest rate of 7.4% interest APR from Wells Fargo Bank, Ltd. in Los Angeles, California repayable over 18 years from now.