$44000 Direct Loan – Madison Georgia, Credit Score Of 450
- Experian: 465 – The client had a bad Experian score
- Transunion: 434 – Quinn had a bad credit rating with Transunion.
- Equifax: Quinn’s Experian score was 450, which is a bad credit score on the Experian scale.
When Quinn was 21, they tried to obtain a student loan from 7 different banks, which harmed their credit rating. Below is a chronology of Quinn’s previous attempts at finding a student loan:
- Attempt 1) Loan for $27,000.00 on May 14, 2009
- Attempt 2) Loan for $21,000.00 on August 23, 2011
- Attempt 3) Loan for $33,000.00 on May 12, 2011
- Attempt 4) Loan for $26,000.00 on October 23, 2010
- Attempt 5) Loan for $30,000.00 on October 25, 2008
- Attempt 6) Loan for $28,000.00 on July 26, 2009
- Attempt 7) Loan for $33,000.00 on March 6, 2009
Fast Loans for Quinn in Madison, Georgia to prevent bankruptcy or harm from debt collectors.
Fast loans in Madison, Georgia aren’t actually that difficult to obtain, especially if you have some finesse like Quinn. Quinn was able to find a fast loan for $44000 from The Rockmart Bank and Sylvester Banking Company, but turned down both offers in favor of their direct loan from First National Bank of Madison. The difference with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. Much better if a client is in a pinch.
Previous requests on Quinn’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$27190.00||6||8.4%||$482.06||NationsBank of Florida, National Association||January 22, 2009|
|$26730.00||3||8.5%||$843.8||Century Bank and Trust||April 26, 2009|
|$26880.00||7||10.8%||$457.43||Bank of Madison||September 29, 2011|
|$27290.00||10||5.8%||$300.24||Bank of Hazlehurst||January 28, 2012|
Contact Details for First National Bank of Madison, the provider of this direct loan
- First National Bank of Madison
- City: Madison
- State: Georgia
- Address: Main Street
- County: Morgan
- Zip code: 30650
Personal Loan for a sales representatives named Quinn in Madison, Georgia to Pay Off American Express Corporate Card
Quinn had a tonne of credit card debt on their WestJet RBC MasterCard and their Old Navy Credit Card, and they were starting to get in over their heads. Despite Quinn’s job as a sales representatives, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
- Full name (Changed if requested): Quinn Dewire
- Current Credit: loans.hit.utils.Fico@1d56ce6a
- Current City: Madison
- State: Georgia
- Zip code: 30659
- Yearly income: $55,000
- Current Job: sales representatives
- Current County: Morgan
- Goal Yearly Income: $93,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $30,000.00 to $57,000.00. They are mainly used to pay off existing high interest loans like credit cards. Quinn needed a debt consolidation loan to pay for their existing direct loan and their payday loan. Quinn was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your bad, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.4%.
Quinn was rejected by Bank of Hazlehurst 7 times before being accepted by First National Bank of Madison at Main Street
On October 23, 2010, Quinn inquired about borrowing $10,000 from Bank of Hazlehurst with Tam, their in law from just outside Madison, and even with the co-signer, Quinn was rejected for this direct loan. With bad credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Installment loan for Quinn, a graduate of University of Phoenix and a sales representatives working for over $78,000 per year
Quinn, an alumnus at University of Phoenix and a sales representatives in Madison, Georgia needs a direct loan to purchase a car. Quinn has instead decided to obtain an installment loan for $14,000 and is currently seeking lenders like Roswell Bank to process their request.
8 Months in the Past, Quinn Attempted Finding a High Risk Loan for $37,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for clients to get high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Quinn. Quinn chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Borrowers with credit scores as low as 480 can inquire for a high risk loan and possibly can be accepted.
Quinn’s Overall FICO score at the time of acceptance for a direct loan, taking into account their sales representatives job and their future career as an artillery and missile officer
Several past requests for credit have been made by Quinn in the past, including one from Pioneer Bank in Madison, Georgia before Quinn was accepted for the $44000 by First National Bank of Madison
Quinn made 4 previous attempts to obtain a direct loan, 2 of which were with Pioneer Bank, a lender in Madison, Georgia known to specialize in direct loans specifically. Before finding First National Bank of Madison, Quinn was concerned due to their inexperience and bad credit score.
Paraphrased and Standardized Quote from Quinn for this direct loan of $44000, provided by First National Bank of Madison
Hi, I am Quinn and I’m from Madison in Georgia. Morgan, county is where I grew up, and now I need a direct loan in Georgia for $44000 to buy a big ticket item. It has been difficult, but First National Bank of Madison really came through for me with this loan for 6.1% interest APR and a term of 10 years. I can repay the loan over the 10 year term, including interest. A big thanks to First National Bank of Madison for trusting me and my bad credit. It look me 4 years to build my credit to 450, and I won’t tarnish it any future. I am happy with Find Texas Loans for assisting me this far.
Quinn’s Transunion score was altered by the direct loan loan, changing to 434 from 450, which is typical in our experience.
Before applying for this direct loan, Quinn had an Experian score of 465, which is bad, so First National Bank of Madison likely cannot provide Quinn a direct loan
Signature Loan found in Madison, Georgia for $44000 with bad credit by Quinn
Many clients struggle with obtaining signature loans in Madison, Georgia, and Quinn is no exception. Quinn went to 7 lending institutions or more before finding First National Bank of Madison, who offered Quinn a signature loan for $44000. Typical signature loans simply require a client, like Quinn’s signature to obtain them, up to $44,000 in some cases. Quinn was able to get $44000 as a direct loan, which is very high for a direct loan. Since signature loans don’t need collateral, these loans tend to require higher credit, as high as 752
Quinn has a disappointing current yearly income, but has a large amount of prospects
Quinn has always wanted to be an artillery and missile officer, but would have to attend University of Phoenix again to achieve it. Quinn has other prospects as well, including speech writer, animal trainer, and structural engineer, which pay $57,000 through to $91,000 per year, at least. For this reason, we believe that Quinn can afford this direct loan of $44000.
Conclusion of Quinn’s direct loan
In the end, Quinn was able to find a direct loan for $44000 with an interest rate of 8.5% interest APR from First National Bank of Madison in Madison, Georgia repayable over 10 years from today.