$176000 Emergency Loan – Fairfax Virginia, Credit Rating Of 792
- Experian: 802 – They had an excellent Experian score
- Transunion: 776 – Sherilyn had an excellent credit score with Transunion.
- Equifax: Sherilyn’s Experian score was 792, which is an excellent credit rating on the Experian system.
9 Months Ago, Sherilyn Attempted Finding a High Risk Loan for $22,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for borrowers to get high risk loans in a safe manner. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Sherilyn. Sherilyn chose not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit applicants. Clients with credit ratings as low as 571 can inquire for a high risk loan and have a chance to be accepted.
- Full name (Changed if requested): Sherilyn Calegari
- Current Credit: loans.hit.utils.Fico@33e5ccce
- Current City: Fairfax
- State: Virginia
- Zip code: 22036
- Yearly income: $40,000
- Current Job: accounting specialist
- Current County: Fairfax
- Goal Yearly Income: $101,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Personal Loan for an accounting specialist named Sherilyn in Fairfax, Virginia to Pay Off First Internet Bank CONNECT Classic
Sherilyn had a tonne of credit card debt on their RBC Business Cash Back MasterCard and their Belk Rewards Card, and they were starting to get in over their heads. Despite Sherilyn’s job as an accounting specialist, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan found in Fairfax, Virginia for $176000 with excellent credit by Sherilyn
Most clients struggle with obtaining signature loans in Fairfax, Virginia, and Sherilyn is not an exception. Sherilyn went to 5 lending institutions or more prior to finding MainStreet Bank, who offered Sherilyn a signature loan for $176000. Typical signature loans simply need a client, like Sherilyn’s signature to obtain them, up to $49,000 in some cases. Sherilyn was able to get $176000 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 better credit, as high as 797
Sherilyn’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their accounting specialist job and their future job as an automotive engineer
Paraphrased and Standardized Quote from Sherilyn for this emergency loan of $176000, provided by MainStreet Bank
Hello, I am Sherilyn and I’m from Fairfax in Virginia. Fairfax, county is where I grew up, and now I need a emergency loan in Virginia for $176000 to buy a big ticket item. It wasn’t easy, but MainStreet Bank really came through for me with this loan for 6.1% interest APR and a term of 7 years. I can repay the loan over the 7 year term, including interest. A big thanks to MainStreet Bank for trusting me and my excellent credit. It look me 9 years to create my credit to 792, and I won’t tarnish it any future. I’m happy with Find Texas Loans for helping me this far.
Sherilyn’s Transunion score was changed by the emergency loan loan, changing to 776 from 792, which is typical in our experience.
Before applying for this emergency loan, Sherilyn had an Experian score of 802, which is excellent, so MainStreet Bank likely cannot provide Sherilyn an emergency loan
Contact Details for MainStreet Bank, the provider of this emergency loan
- MainStreet Bank
- City: Fairfax
- State: Virginia
- Address: 10089 Fairfax Blvd
- County: Fairfax
- Zip code: 22030
Previous requests on Sherilyn’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$127270.00||6||6.1%||$2115.24||Citizens Bank and Trust Company||May 21, 2011|
|$127380.00||5||10.1%||$2712.72||Peoples Community Bank||September 4, 2013|
|$127480.00||9||6.4%||$1555.83||Crestar Bank||February 13, 2015|
|$127190.00||4||5.5%||$2957.99||The Merchants and Farmers Bank||July 12, 2015|
|$127110.00||4||5.6%||$2961.93||First Virginia Bank-South Hill||August 5, 2015|
Installment loan for Sherilyn, a graduate of Yale University and an accounting specialist working for over $70,000 per year
Sherilyn, an alumnus at Yale University and an accounting specialist in Fairfax, Virginia needs an emergency loan to purchase something frivolous. Sherilyn has instead decided to get an installment loan for $18,000 and is at present seeking lenders like Riggs Bank National Association to provide it.
Several other requests for credit have been made by Sherilyn in the past, including one from Wesbanco Bank Sistersville in Fairfax, Virginia before Sherilyn was accepted for the $176000 by MainStreet Bank
Sherilyn made 4 prior attempts to obtain an emergency loan, 2 of which were with Wesbanco Bank Sistersville, a lender in Fairfax, Virginia known to specialize in emergency loans specifically. Prior to finding MainStreet Bank, Sherilyn was very concerned due to their inexperience and excellent credit rating.
Sherilyn has a disappointing current gross income, but has a high number of prospects
Sherilyn has always wanted to be an automotive engineer, but would have to attend Yale University again to become one. Sherilyn has other prospects as well, including fashion artist, meter mechanic, and quality control inspector, which pay $54,000 through to $101,000 per year, at least. For this reason, we think that Sherilyn can pay for this emergency loan of $176000.
Sherilyn was rejected by First Virginia Bank-South Hill 4 times before being accepted by MainStreet Bank at 10089 Fairfax Blvd
On September 12, 2009, Sherilyn inquired about borrowing $9,000 from The Merchants and Farmers Bank with Roselle, their friend from just outside Fairfax, and even with the co-signer, Sherilyn was rejected for this emergency loan. With excellent credit, it can be very hard to procure funding, even with collateral and a co-signer.
Fast Loans for Sherilyn in Fairfax, Virginia to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Fairfax, Virginia aren’t actually that difficult to obtain, particularly if you have some gumption like Sherilyn. Sherilyn was able to find a fast loan for $176000 from Central Fidelity Bank, Charlottesville and The Merchants and Farmers Bank, but declined both offers in favor of their emergency loan from MainStreet Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement in the case that a client is in a time sensitive situation.
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $38,000.00 to $43,000.00. They are normally used to pay off existing high interest loans like credit cards. Sherilyn required a debt consolidation loan to pay for their existing emergency loan and their loan shark loan. Sherilyn was able to find a emergency loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which transfers your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates as low as 2.5%.
When Sherilyn was 21, they attempted to obtain a student loan from 4 alternate lenders, which harmed their credit rating. Below is a list of Sherilyn’s prior attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on June 5, 2010
- Attempt 2) Loan for $25,000.00 on August 13, 2010
- Attempt 3) Loan for $23,000.00 on April 23, 2010
- Attempt 4) Loan for $29,000.00 on January 8, 2010
Conclusion of Sherilyn’s emergency loan
In the end, Sherilyn was able to find an emergency loan for $176000 with an interest rate of 6.3% interest APR from MainStreet Bank in Fairfax, Virginia repayable over 7 years from now.