$102000 Private Loan – Logansport Indiana, Credit Score Of 381
- Experian: 395 – This individual had a terrible Experian rating
- Transunion: 363 – Niki had a terrible credit score with Transunion.
- Equifax: Niki’s Experian score was 381, which is a terrible credit rating on the Experian rating scheme.
Niki has a very low current total income, but has a large amount of prospects
Niki has always wanted to be a human resources management consultant, but would need attend Empire Beauty School – Lehigh Valley again to become one. Niki has other possibilities as well, including child support services worker, production planner, and package designer, which pay $50,000 through to $102,000 per year, at least. For this reason, we think that Niki can pay for this private loan of $102000.
Fast Loans for Niki in Logansport, Indiana to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Logansport, Indiana aren’t actually that difficult to obtain, particularly if you have some gumption like Niki. Niki was able to find a fast loan for $102000 from Alliance Bank and Farmers State Bank, but turned down both offers in favor of their private loan from Security Federal Savings Bank. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. Much better in the case that a borrower is in a time sensitive situation.
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $27,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Niki required a debt consolidation loan to pay for their existing private loan and their credit card. Niki was able to find a private loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your dirty, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 2.6%.
8 Months in the Past, Niki Attempted to Find a High Risk Loan for $21,000.00, and it was Easy
There is an ongoing struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Niki. Niki decided not to obtain a high risk loan this time. High Risk loans are given to bad credit individuals. Borrowers with credit ratings as low as 522 can inquire for a high risk loan and possibly can be accepted.
Niki’s Transunion score was changed by the private loan loan, changing to 363 from 381, which is typical in our experience.
Previous requests on Niki’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$93560.00||4||7.2%||$2249.1||The Citizens Exchange Bank||October 14, 2009|
|$94440.00||6||8.6%||$1683.64||Alliance Bank||September 3, 2011|
|$94380.00||5||9.5%||$1982.16||Farmers State Bank||February 13, 2014|
|$94220.00||8||9.1%||$1385.23||First United Bank, National Association||June 2, 2015|
|$93790.00||8||8.4%||$1345.03||Farmers State Bank||July 17, 2015|
Niki’s Overall FICO score at the time of acceptance for a private loan, taking into account their solar energy systems designer job and their future career as a human resources management consultant
Before applying for this private loan, Niki had an Experian score of 395, which is terrible, so Security Federal Savings Bank most likely cannot provide Niki a private loan
Niki was declined by Alliance Bank 5 times prior to being approved by Security Federal Savings Bank at 314 Fourth St
On March 29, 2012, Niki inquired about borrowing $3,000 from State Bank of Greentown with Chin, their in law from just outside Logansport, and even with the co-signer, Niki was rejected for this private loan. With terrible credit, it can be a challenge to procure funding, even with collateral and a co-signer.
- Full name (Changed if requested): Niki Krabbe
- Current Credit: loans.hit.utils.Fico@4629104a
- Current City: Logansport
- State: Indiana
- Zip code: 46950
- Yearly income: $40,000
- Current Job: solar energy systems designer
- Current County: Cass
- Goal Yearly Income: $118,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Personal Loan for a solar energy systems designer named Niki in Logansport, Indiana to Pay Off Gulf Platinum MasterCard
Niki had a lot of credit card debt on their Elder-Beerman Credit Card and their Spirit Airlines, and they were starting to get in over their heads. Despite Niki’s job as a solar energy systems designer, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Niki for this private loan of $102000, provided by Security Federal Savings Bank
Hello, I am Niki and I am from Logansport in Indiana. Cass, county is where I grew up, and now I need a private loan in Indiana for $102000 to avoid bankruptcy. It has been difficult, but Security Federal Savings Bank really came through for me with this loan for 6.3% interest APR and a term of 22 years. I can repay the loan over the 22 year term, including interest. A big thanks to Security Federal Savings Bank for giving me a chance and my terrible credit. It look me 7 years to build my credit to 381, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
Installment loan for Niki, a graduate of Empire Beauty School – Lehigh Valley and a solar energy systems designer working for over $79,000 per year
Niki, an alumnus at Empire Beauty School – Lehigh Valley and a solar energy systems designer in Logansport, Indiana needs a private loan to purchase a house. Niki has instead chosen to get an installment loan for $20,000 and is at present seeking lenders like State Bank of Greentown to provide it.
Contact Details for Security Federal Savings Bank, the provider of this private loan
- Security Federal Savings Bank
- City: Logansport
- State: Indiana
- Address: 314 Fourth St
- County: Cass
- Zip code: 46947
Several previous requests for credit have been made by Niki in the past, including one from Department Stores National Bank in Logansport, Indiana before Niki was accepted for the $102000 by Security Federal Savings Bank
Niki made 8 prior attempts to obtain a private loan, 2 of which were with Department Stores National Bank, a lender in Logansport, Indiana known to specialize in private loans specifically. Prior to finding Security Federal Savings Bank, Niki was concerned due to their inexperience and terrible credit rating.
Signature Loan easily acquired in Logansport, Indiana for $102000 with terrible credit by Niki
A lot of borrowers struggle with obtaining signature loans in Logansport, Indiana, and Niki is no exception. Niki went to 5 lenders or more prior to finding Security Federal Savings Bank, who offered Niki a signature loan for $102000. Most signature loans simply need a client, like Niki’s signature to obtain them, up to $31,000 in some cases. Niki was able to get $102000 as a private loan, which is very high for a private loan. Because signature loans don’t require collateral, they tend to need higher credit, as high as 753
When Niki was 24, they tried to obtain a student loan from 7 different banks, which damaged their credit score. Below is a chronology of Niki’s prior attempts at finding a student loan:
- Attempt 1) Loan for $32,000.00 on March 14, 2014
- Attempt 2) Loan for $21,000.00 on February 4, 2013
- Attempt 3) Loan for $27,000.00 on April 3, 2014
- Attempt 4) Loan for $25,000.00 on January 12, 2012
- Attempt 5) Loan for $22,000.00 on June 14, 2011
- Attempt 6) Loan for $37,000.00 on May 17, 2010
- Attempt 7) Loan for $34,000.00 on January 22, 2011
Conclusion of Niki’s private loan
In the end, Niki was able to find a private loan for $102000 with an interest rate of 7.0% interest APR from Security Federal Savings Bank in Logansport, Indiana repayable over 22 years from now.