$4000 Unsecured Loan – Galva Illinois, Credit Score Of 682
- Experian: 698 – They had a good Experian score
- Transunion: 665 – Lakeshia had a good credit rating with Transunion.
- Equifax: Lakeshia’s Experian score was 682, which is a good credit score on the Experian scale.
Installment loan for Lakeshia, a graduate of Maysville Community and Technical College and a horticulture therapist working for over $72,000 per year
Lakeshia, an alumnus at Maysville Community and Technical College and a horticulture therapist in Galva, Illinois needs an unsecured loan to purchase a car. Lakeshia has instead chosen to get an installment loan for $10,000 and is currently seeking lenders like Merchandise National Bank of Chicago to provide it.
Lakeshia was declined by Central National Bank of Mattoon 7 times before being granted funding by Galva Federal Savings and Loan Association at 300 Main St
On September 17, 2010, Lakeshia applied about borrowing $36,000 from Upper Avenue Bank with Emerald, their friend from just outside Galva, and even with the co-signer, Lakeshia was rejected for this unsecured loan. With good credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
- Full name (Changed if requested): Lakeshia Plympton
- Current Credit: loans.hit.utils.Fico@4d591d15
- Current City: Galva
- State: Illinois
- Zip code: 61443
- Yearly income: $37,000
- Current Job: horticulture therapist
- Current County: Henry
- Goal Yearly Income: $132,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Fast Loans for Lakeshia in Galva, Illinois to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Galva, Illinois aren’t actually that difficult to obtain, especially if you have some finesse like Lakeshia. Lakeshia was able to find a fast loan for $4000 from Byron Bank and The National Republic Bank of Chicago, but declined both offers in favor of their unsecured loan from Galva Federal Savings and Loan Association. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. Much better in the case that a borrower is in a time sensitive situation.
Personal Loan for a horticulture therapist named Lakeshia in Galva, Illinois to Pay Off First Tennessee Platinum Premier Visa
Lakeshia had a tonne of credit card debt on their Fifth Third Standard Platinum Card and their Barclaycard Visa with Apple Rewards, and they were starting to get in over their heads. Despite Lakeshia’s job as a horticulture therapist, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.
8 Months Ago, Lakeshia Attempted to Find a High Risk Loan for $35,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Lakeshia. Lakeshia chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Clients with credit ratings as low as 362 can apply for a high risk loan and have a chance to be approved.
When Lakeshia was 24, they tried to obtain a student loan from 5 different lenders, which damaged their credit score. Below is a list of Lakeshia’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on December 30, 2008
- Attempt 2) Loan for $34,000.00 on July 9, 2011
- Attempt 3) Loan for $21,000.00 on January 7, 2011
- Attempt 4) Loan for $25,000.00 on September 3, 2009
- Attempt 5) Loan for $21,000.00 on October 9, 2008
Lakeshia has a very low current gross income, but has several of prospects
Lakeshia has always wanted to be a student affairs administrator, but would have to attend Maysville Community and Technical College again to become one. Lakeshia has other prospects as well, including advertising agency coordinator, public relations specialist, and printing/graphic arts reproduction technician, which pay $51,000 through to $90,000 per year, on average. Because of this, we believe that Lakeshia can pay for this unsecured loan of $4000.
Lakeshia’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their horticulture therapist job and their future job as a student affairs administrator
Multiple past requests for credit have been made by Lakeshia in the past, including one from Northwest Savings and Loan Association in Galva, Illinois before Lakeshia was accepted for the $4000 by Galva Federal Savings and Loan Association
Lakeshia made 5 prior attempts to obtain an unsecured loan, 2 of which were with Northwest Savings and Loan Association, a bank in Galva, Illinois known to specialize in unsecured loans specifically. Before finding Galva Federal Savings and Loan Association, Lakeshia was very concerned due to their inexperience and good credit rating.
Previous requests on Lakeshia’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$105420.00||9||5.3%||$1229.47||The Gerber State Bank||March 9, 2011|
|$105360.00||11||9.8%||$1307.2||The Belvidere National Bank and Trust Company||October 29, 2012|
|$105400.00||8||10.8%||$1644.32||Commerce Bank||December 3, 2013|
|$104630.00||7||7.1%||$1584.27||Byron Bank||February 14, 2014|
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $31,000.00 to $52,000.00. They are mainly used to pay off existing high interest loans like credit cards. Lakeshia required a debt consolidation loan to pay for their existing unsecured loan and their payday loan. Lakeshia was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which transfers your bad, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.6%.
Lakeshia’s Transunion score was altered by the unsecured loan loan, changing to 665 from 682, which is typical in our experience.
Signature Loan acquired in Galva, Illinois for $4000 with good credit by Lakeshia
A lot of clients have difficulty with obtaining signature loans in Galva, Illinois, and Lakeshia is the same. Lakeshia went to 6 lending institutions or more prior to finding Galva Federal Savings and Loan Association, who offered Lakeshia a signature loan for $4000. Most signature loans simply need a client, like Lakeshia’s signature to get them, up to $21,000 in some cases. Lakeshia was able to get $4000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans don’t need a cosigner, these loans tend to require improved credit, as high as 753
Paraphrased and Standardized Quote from Lakeshia for this unsecured loan of $4000, provided by Galva Federal Savings and Loan Association
Hello, I am Lakeshia and I’m from Galva in Illinois. Henry, county is where I grew up, and now I need a unsecured loan in Illinois for $4000 to pay bills. It wasn’t easy, but Galva Federal Savings and Loan Association really came through for me with this loan for 10.7% interest APR and a term of 22 years. I will repay the loan over the 22 year term, including interest. A big thanks to Galva Federal Savings and Loan Association for giving me a chance and my good credit. It look me 6 years to create my credit to 682, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
Before applying for this unsecured loan, Lakeshia had an Experian score of 698, which is good, so Galva Federal Savings and Loan Association likely cannot provide Lakeshia an unsecured loan
Contact Details for Galva Federal Savings and Loan Association, the provider of this unsecured loan
- Galva Federal Savings and Loan Association
- City: Galva
- State: Illinois
- Address: 300 Main St
- County: Henry
- Zip code: 61434
Conclusion of Lakeshia’s unsecured loan
In the end, Lakeshia was able to find an unsecured loan for $4000 with an interest rate of 6.7% interest APR from Galva Federal Savings and Loan Association in Galva, Illinois repayable over 22 years from today.