$128000 No Collateral Loan – Providence Rhode Island, Credit Score Of 803
- Experian: 815 – The client had an excellent Experian score
- Transunion: 788 – Margit had an excellent credit rating with Transunion.
- Equifax: Margit’s Experian score was 803, which is an excellent credit rating on the Experian scale.
Paraphrased and Standardized Quote from Margit for this no collateral loan of $128000, provided by Rhode Island Hospital Trust National Bank
Hi, I am Margit and I am from Providence in Rhode Island. Providence, county is where I grew up, and now I need a no collateral loan in Rhode Island for $128000 to pay bills. It wasn’t easy, but Rhode Island Hospital Trust National Bank really came through for me with this loan for 10.1% interest APR and a term of 1 years. I can probably repay the loan over the 1 year term, including interest. A big thanks to Rhode Island Hospital Trust National Bank for giving me a chance and my excellent credit. It look me 6 years to build my credit to 803, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
Signature Loan easily acquired in Providence, Rhode Island for $128000 with excellent credit by Margit
Most clients struggle with finding signature loans in Providence, Rhode Island, and Margit is no different. Margit went to 4 lending institutions or more before settling on Rhode Island Hospital Trust National Bank, who offered Margit a signature loan for $128000. Typical signature loans simply require a client, like Margit’s signature to get them, up to $27,000 in some cases. Margit was able to get $128000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans don’t need collateral, they generally need improved credit, as high as 701
Fast Loans for Margit in Providence, Rhode Island to prevent bankruptcy or harm from debt collectors.
Fast loans in Providence, Rhode Island aren’t actually that difficult to obtain, especially if you have some gumption like Margit. Margit was able to find a fast loan for $128000 from Old Stone Savings Bank and Centreville Savings Bank, but declined both offers in favor of their no collateral loan from Rhode Island Hospital Trust National 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 5 weeks for debt consolidation loans. A big difference in the case that you are in a time sensitive situation.
Margit’s Transunion score was altered by the no collateral loan loan, changing to 788 from 803, which is normal in our experience.
Many past requests for credit have been made by Margit in the past, including one from Mount Vernon Savings and Loan Association in Providence, Rhode Island before Margit was approved for the $128000 by Rhode Island Hospital Trust National Bank
Margit made 7 previous attempts to obtain a no collateral loan, 2 of which were with Mount Vernon Savings and Loan Association, a lending institution in Providence, Rhode Island known to specialize in no collateral loans specifically. Before finding Rhode Island Hospital Trust National Bank, Margit was desperate due to their inexperience and excellent credit rating.
When Margit was 20, they attempted to obtain a student loan from 7 alternate lenders, which harmed their credit score. Below is a chronology of Margit’s previous attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on February 7, 2012
- Attempt 2) Loan for $21,000.00 on October 6, 2012
- Attempt 3) Loan for $28,000.00 on July 31, 2012
- Attempt 4) Loan for $30,000.00 on September 9, 2013
- Attempt 5) Loan for $20,000.00 on October 29, 2013
- Attempt 6) Loan for $20,000.00 on September 3, 2012
- Attempt 7) Loan for $29,000.00 on December 10, 2013
Margit’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their paste-up worker job and their future job as a radio & tv sports announcer
6 Months in the Past, Margit Tried to Find a High Risk Loan for $40,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for clients 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 scary to borrowers like Margit. Margit chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit individuals. Borrowers with credit scores as low as 464 can apply for a high risk loan and possibly can be approved.
Before applying for this no collateral loan, Margit had an Experian score of 815, which is excellent, so Rhode Island Hospital Trust National Bank likely can provide Margit a no collateral loan
Previous requests on Margit’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$78850.00||6||10.2%||$1468.73||The Centreville National Bank of Warwick||February 10, 2010|
|$78880.00||11||6.4%||$833.93||The Newport National Bank||December 5, 2011|
|$78880.00||5||6.5%||$1543.38||Fleet National Bank||December 12, 2011|
|$79210.00||6||8.7%||$1416.04||Fleet National Bank||July 2, 2014|
|$79440.00||6||8.2%||$1400.61||Columbus National Bank of Rhode Island||July 7, 2014|
Installment loan for Margit, a graduate of University of Minnesota – Duluth and a paste-up worker working for over $62,000 per year
Margit, an alumnus at University of Minnesota – Duluth and a paste-up worker in Providence, Rhode Island wants a no collateral loan to purchase a new cell phone. Margit has instead chosen to obtain an installment loan for $27,000 and is at present seeking lenders like Eastland Savings Bank to process their request.
Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans vary from $35,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Margit required a debt consolidation loan to pay for their existing no collateral loan and their credit card. Margit was able to find a no collateral loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your bad, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.1%.
Contact Details for Rhode Island Hospital Trust National Bank, the provider of this no collateral loan
- Rhode Island Hospital Trust National Bank
- City: Providence
- State: Rhode Island
- Address: 15 Westminster Street
- County: Providence
- Zip code: 2901
Personal Loan for a paste-up worker named Margit in Providence, Rhode Island to Pay Off Ralphs rewards plus Visa Card
Margit had a lot of credit card debt on their Chevron and Texaco Visa Card and their World Wildlife Fund Visa Card, and they were starting to get in over their heads. Despite Margit’s job as a paste-up worker, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Margit was rejected by Eastland Bank 6 times before being accepted by Rhode Island Hospital Trust National Bank at 15 Westminster Street
On May 7, 2009, Margit inquired about borrowing $25,000 from People’s Bank, FSB with Latrina, their friend from just outside Providence, and even with the co-signer, Margit was rejected for this no collateral loan. With excellent credit, it can be very hard to procure funding, even with collateral and a co-signer.
Margit has a disappointing current gross income, but has a large amount of prospects
Margit has always wanted to be a radio & tv sports announcer, but would need attend University of Minnesota – Duluth again to achieve it. Margit has other possibilities as well, including history professor, word processing specialist, and office clerk, which pay $59,000 through to $108,000 per year, on average. For this reason, we think that Margit can pay for this no collateral loan of $128000.
- Full name (Changed if requested): Margit Chairez
- Current Credit: loans.hit.utils.Fico@4b9af9a9
- Current City: Providence
- State: Rhode Island
- Zip code: 2902
- Yearly income: $65,000
- Current Job: paste-up worker
- Current County: Providence
- Goal Yearly Income: $141,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Conclusion of Margit’s no collateral loan
In the end, Margit was able to find a no collateral loan for $128000 with an interest rate of 5.8% interest APR from Rhode Island Hospital Trust National Bank in Providence, Rhode Island repayable over 1 years from now.