$112000 Same Day Loan – Towson Maryland, Credit Score Of 357
- Experian: 374 – The client had a terrible Experian score
- Transunion: 345 – Retha had a terrible credit rating with Transunion.
- Equifax: Retha’s Experian score was 357, which is a terrible credit score on the Experian rating scheme.
Fast Loans for Retha in Towson, Maryland to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Towson, Maryland aren’t actually that difficult to obtain, especially if you have some gumption like Retha. Retha was able to find a fast loan for $112000 from The Forest Hill State Bank and Farmers Bank, but declined both offers in favor of their same day loan from Maryland Financial Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big difference in the case that you are on the go.
Installment loan for Retha, a graduate of St Charles School of Massage Therapy and a sales representative working for over $69,000 per year
Retha, an alumnus at St Charles School of Massage Therapy and a sales representative in Towson, Maryland needs a same day loan to purchase something frivolous. Retha has instead decided to get an installment loan for $4,000 and is currently seeking lenders like The Detour Bank to process their request.
Paraphrased and Standardized Quote from Retha for this same day loan of $112000, provided by Maryland Financial Bank
Hello, I am Retha and I’m from Towson in Maryland. Baltimore, county is where I grew up, and now I need a same day loan in Maryland for $112000 to buy a big ticket item. It has been difficult, but Maryland Financial Bank really came through for me with this loan for 11.2% interest APR and a term of 17 years. I will repay the loan over the 17 year term, including interest. A big thanks to Maryland Financial Bank for trusting me and my terrible credit. It look me 9 years to build my credit to 357, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Retha Skene
- Current Credit: loans.hit.utils.Fico@1e81f4dc
- Current City: Towson
- State: Maryland
- Zip code: 21213
- Yearly income: $51,000
- Current Job: sales representative
- Current County: Baltimore
- Goal Yearly Income: $93,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Many previous requests for credit have been made by Retha in the past, including one from Eagle National Bank in Towson, Maryland before Retha was approved for the $112000 by Maryland Financial Bank
Retha made 7 prior attempts to obtain a same day loan, 2 of which were with Eagle National Bank, a bank in Towson, Maryland known to specialize in same day loans specifically. Before finding Maryland Financial Bank, Retha was concerned due to their inexperience and terrible credit rating.
Signature Loan acquired in Towson, Maryland for $112000 with terrible credit by Retha
A lot of borrowers have difficulty with obtaining signature loans in Towson, Maryland, and Retha is no different. Retha went to 7 lenders or more before finding Maryland Financial Bank, who offered Retha a signature loan for $112000. Most signature loans simply need a client, like Retha’s signature to get them, up to $32,000 in some cases. Retha was able to get $112000 as a same day loan, which is very high for a same day loan. Since signature loans do not need collateral, these loans generally need higher credit, as high as 772
Before applying for this same day loan, Retha had an Experian score of 374, which is terrible, so Maryland Financial Bank most likely cannot provide Retha a same day loan
Personal Loan for a sales representative named Retha in Towson, Maryland to Pay Off Wells Fargo Rewards Visa Card
Retha had a tonne of credit card debt on their Shell Fleet Plus Credit Card and their Fordham University Visa Credit Card, and they were starting to get in over their heads. Despite Retha’s job as a sales representative, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $21,000.00 to $57,000.00. They are mainly used to pay off existing high interest loans like credit cards. Retha required a debt consolidation loan to pay for their existing same day loan and their loan shark loan. Retha was able to find a same day loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your dirty, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.8%.
When Retha was 22, they attempted to obtain a student loan from 7 alternate banks, which damaged their credit score. Below is a list of Retha’s previous attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on December 25, 2008
- Attempt 2) Loan for $20,000.00 on December 26, 2011
- Attempt 3) Loan for $34,000.00 on March 17, 2013
- Attempt 4) Loan for $22,000.00 on May 29, 2011
- Attempt 5) Loan for $39,000.00 on September 20, 2010
- Attempt 6) Loan for $38,000.00 on August 8, 2011
- Attempt 7) Loan for $37,000.00 on December 10, 2008
Retha has a disappointing current total income, but has a large amount of prospects
Retha has always wanted to be a home entertainment system installer, but would need attend St Charles School of Massage Therapy again to become one. Retha has other prospects as well, including marine architect, technical publications writer, and foreign language teacher, which pay $51,000 through to $102,000 per year, on average. For this reason, we think that Retha can pay for this same day loan of $112000.
Contact Details for Maryland Financial Bank, the provider of this same day loan
- Maryland Financial Bank
- City: Towson
- State: Maryland
- Address: 502 Washington Avenue, Suite 300
- County: Baltimore
- Zip code: 21204
Previous requests on Retha’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$56210.00||8||8.1%||$797.48||American Security Bank, National Association||October 17, 2009|
|$56300.00||6||7.2%||$965.28||The Forest Hill State Bank||June 12, 2012|
|$55730.00||3||10.4%||$1808.73||Boonsboro Bank of Boonsboro, Maryland||October 4, 2013|
|$55640.00||3||11.7%||$1840.08||Farmers Bank||March 12, 2014|
6 Months Ago, Retha Attempted Finding a High Risk Loan for $22,000.00, and it was Hard
It is an well known struggle for clients to get high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Retha. Retha decided not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Individuals with credit scores as low as 535 can apply for a high risk loan and possibly can be approved.
Retha’s Overall FICO score at the time of acceptance for a same day loan, taking into account their sales representative job and their future career as a home entertainment system installer
Retha’s Transunion score was changed by the same day loan loan, changing to 345 from 357, which is normal in our experience.
Retha was declined by Farmers and Merchants Bank 5 times prior to being approved by Maryland Financial Bank at 502 Washington Avenue, Suite 300
On August 22, 2010, Retha inquired about borrowing $5,000 from American Security Bank, National Association with Dreama, their in law from just outside Towson, and even with the co-signer, Retha was rejected for this same day loan. With terrible credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Conclusion of Retha’s same day loan
In the end, Retha was able to find a same day loan for $112000 with an interest rate of 6.5% interest APR from Maryland Financial Bank in Towson, Maryland repayable over 17 years from today.