$82000 Signature Loan – Carson Virginia, Credit Score Of 440
- Experian: 451 – This individual had a bad Experian score
- Transunion: 424 – Mitchell had a bad credit rating with Transunion.
- Equifax: Mitchell’s Experian score was 440, which is a bad credit score with the Experian scale.
Mitchell was rejected by Farmers Bank 5 times before being approved by The Bank of Southside Virginia at 17208 Halligan Park Rd.
On May 12, 2010, Mitchell applied about borrowing $43,000 from First Virginia Bank-South Hill with Eva, their in law from just outside Carson, and even with the co-signer, Mitchell was rejected for this signature loan. With bad credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Mitchell has a sad current total income, but has a large amount of prospects
Mitchell has always wanted to be a pediatrician, but would need attend Xavier University again to achieve it. Mitchell has other possibilities as well, including aircraft launch and recovery specialist, emergency management specialist, and plant manager, which pay $59,000 through to $104,000 per year, at least. Because of this, we believe that Mitchell can afford this signature loan of $82000.
Paraphrased and Standardized Quote from Mitchell for this signature loan of $82000, provided by The Bank of Southside Virginia
Hello, I am Mitchell and I’m from Carson in Virginia. Dinwiddie, county is where I grew up, and now I need a signature loan in Virginia for $82000 to avoid bankruptcy. It has been difficult, but The Bank of Southside Virginia really came through for me with this loan for 5.8% interest APR and a term of 3 years. I can probably repay the loan over the 3 year term, including interest. A big thanks to The Bank of Southside Virginia for trusting me and my bad credit. It look me 5 years to create my credit to 440, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.
Contact Details for The Bank of Southside Virginia, the provider of this signature loan
- The Bank of Southside Virginia
- City: Carson
- State: Virginia
- Address: 17208 Halligan Park Rd.
- County: Dinwiddie
- Zip code: 23830
Multiple past requests for credit have been made by Mitchell in the past, including one from Alvin Community Bank, National Association in Carson, Virginia before Mitchell was approved for the $82000 by The Bank of Southside Virginia
Mitchell made 7 prior attempts to obtain a signature loan, 2 of which were with Alvin Community Bank, National Association, a lending institution in Carson, Virginia known to specialize in signature loans specifically. Prior to finding The Bank of Southside Virginia, Mitchell was desperate due to their inexperience and bad credit score.
When Mitchell was 21, they attempted to obtain a student loan from 4 different banks, which harmed their credit rating. Below is a list of Mitchell’s previous attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on May 12, 2010
- Attempt 2) Loan for $38,000.00 on June 18, 2011
- Attempt 3) Loan for $34,000.00 on November 30, 2011
- Attempt 4) Loan for $32,000.00 on January 5, 2009
Mitchell’s Transunion score was altered by the signature loan loan, changing to 424 from 440, which is normal in our experience.
Mitchell’s Overall FICO score at the time of acceptance for a signature loan, taking into account their quality control inspector job and their future career as a pediatrician
Installment loan for Mitchell, a graduate of Xavier University and a quality control inspector working for over $73,000 per year
Mitchell, an alumnus at Xavier University and a quality control inspector in Carson, Virginia needs a signature loan to purchase a house. Mitchell has instead decided to obtain an installment loan for $16,000 and is at present seeking lenders like First Virginia Bank of the Southwest to provide it.
9 Months in the Past, Mitchell Attempted to Find a High Risk Loan for $21,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for clients to get high risk loans in a non-harmful manner. Many high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Mitchell. Mitchell chose not to obtain a high risk loan this time. High Risk loans are given to very low credit applicants. Borrowers with credit scores as low as 546 can apply for a high risk loan and may be be approved.
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $24,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Mitchell required a debt consolidation loan to pay for their existing signature loan and their credit card. Mitchell was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.5%.
- Full name (Changed if requested): Mitchell Hallczuk
- Current Credit: loans.hit.utils.Fico@28c97a5
- Current City: Carson
- State: Virginia
- Zip code: 23836
- Yearly income: $45,000
- Current Job: quality control inspector
- Current County: Dinwiddie
- Goal Yearly Income: $101,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Previous requests on Mitchell’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$111200.00||10||6.3%||$1251.37||Citizens Bank and Trust Company||January 23, 2010|
|$111400.00||9||11.4%||$1654.05||Peoples Community Bank||November 17, 2013|
|$111170.00||10||11.2%||$1543.98||Crestar Bank||April 4, 2015|
|$110840.00||7||8.7%||$1766.48||The Merchants and Farmers Bank||August 1, 2015|
|$110580.00||9||10.7%||$1599.04||First Virginia Bank-South Hill||August 21, 2015|
Fast Loans for Mitchell in Carson, Virginia to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Carson, Virginia aren’t actually that difficult to obtain, especially if you have some gumption like Mitchell. Mitchell was able to find a fast loan for $82000 from Crestar Bank and Farmers Bank, but declined both offers in favor of their signature loan from The Bank of Southside Virginia. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big difference if you are in a pinch.
Personal Loan for a quality control inspector named Mitchell in Carson, Virginia to Pay Off OneWest Bank Lakers Credit Card
Mitchell had a lot of credit card debt on their TJX Rewards Credit Card and their RBC Bank Visa Signature Black Credit Card, and they were starting to get in over their heads. Despite Mitchell’s job as a quality control inspector, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan acquired in Carson, Virginia for $82000 with bad credit by Mitchell
Many clients have difficulty with obtaining signature loans in Carson, Virginia, and Mitchell is the same. Mitchell went to 4 lenders or more before finding The Bank of Southside Virginia, who offered Mitchell a signature loan for $82000. Most signature loans simply require a client, like Mitchell’s signature to obtain them, up to $32,000 in some cases. Mitchell was able to get $82000 as a signature loan, which is very high for a signature loan. Since signature loans don’t require a cosigner, these loans generally require higher credit, as high as 759
Before applying for this signature loan, Mitchell had an Experian score of 451, which is bad, so The Bank of Southside Virginia likely can provide Mitchell a signature loan
Conclusion of Mitchell’s signature loan
In the end, Mitchell was able to find a signature loan for $82000 with an interest rate of 9.8% interest APR from The Bank of Southside Virginia in Carson, Virginia repayable over 3 years from today.