$20000 No Collateral Loan – Defiance Ohio, Credit Rating Of 629
- Experian: 646 – The client had a good Experian rating
- Transunion: 610 – Tonja had a good credit score with Transunion.
- Equifax: Tonja’s Experian score was 629, which is a good credit score using the Experian system.
- Full name (Changed if requested): Tonja Edward
- Current Credit: loans.hit.utils.Fico@2957fcb0
- Current City: Defiance
- State: Ohio
- Zip code: 43516
- Yearly income: $64,000
- Current Job: motor vehicle inspector
- Current County: Defiance
- Goal Yearly Income: $90,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Paraphrased and Standardized Quote from Tonja for this no collateral loan of $20000, provided by National Bank of Defiance
Hello, I am Tonja and my hometown is Defiance in Ohio. Defiance, county is where I grew up, and now I need a no collateral loan in Ohio for $20000 to avoid bankruptcy. It wasn’t easy, but National Bank of Defiance really came through for me with this loan for 10.5% interest APR and a term of 19 years. I will repay the loan over the 19 year term, including interest. A big thanks to National Bank of Defiance for giving me a chance and my good credit. It look me 4 years to create my credit to 629, and I won’t harm it any more. I’m pleased with Find Texas Loans for helping me this far.
Contact Details for National Bank of Defiance, the provider of this no collateral loan
- National Bank of Defiance
- City: Defiance
- State: Ohio
- Address: 414 Second Street
- County: Defiance
- Zip code: 43512
Fast Loans for Tonja in Defiance, Ohio to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Defiance, Ohio aren’t actually that difficult to obtain, particularly if you have some gumption like Tonja. Tonja was able to find a fast loan for $20000 from The Home Banking Company and ShoreBank, but declined both offers in favor of their no collateral loan from National Bank of Defiance. 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 7 weeks for personal loans. A big difference in the case that you are on the go.
Tonja’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their motor vehicle inspector job and their future job as a wildlife biologist
Multiple past requests for credit have been made by Tonja in the past, including one from The First National Bank and Trust Company of Vinita in Defiance, Ohio before Tonja was approved for the $20000 by National Bank of Defiance
Tonja made 7 prior attempts to obtain a no collateral loan, 2 of which were with The First National Bank and Trust Company of Vinita, a lending institution in Defiance, Ohio known to specialize in no collateral loans specifically. Before finding National Bank of Defiance, Tonja was concerned due to their inexperience and good credit rating.
Installment loan for Tonja, a graduate of Mountain State University and a motor vehicle inspector working for over $79,000 per year
Tonja, an alumnus at Mountain State University and a motor vehicle inspector in Defiance, Ohio wants a no collateral loan to purchase a car. Tonja has instead decided to obtain an installment loan for $13,000 and is currently seeking lenders like The Apple Creek Banking Company to provide it.
Tonja was rejected by The Peoples Bank 7 times prior to being accepted by National Bank of Defiance at 414 Second Street
On January 11, 2009, Tonja applied about borrowing $17,000 from The Fifth Third Bank with Annamarie, their in law from just outside Defiance, and even with the co-signer, Tonja was rejected for this no collateral loan. With good credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
When Tonja was 18, they tried to obtain a student loan from 7 different lenders, which harmed their credit score. Below is a chronology of Tonja’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on March 16, 2009
- Attempt 2) Loan for $34,000.00 on January 3, 2010
- Attempt 3) Loan for $38,000.00 on April 29, 2012
- Attempt 4) Loan for $22,000.00 on January 31, 2009
- Attempt 5) Loan for $25,000.00 on December 14, 2012
- Attempt 6) Loan for $23,000.00 on February 16, 2011
- Attempt 7) Loan for $35,000.00 on December 23, 2012
Personal Loan for a motor vehicle inspector named Tonja in Defiance, Ohio to Pay Off Wells Fargo Business Elite Card
Tonja had a lot of credit card debt on their Conestoga Bank Visa Business Bonus Rewards Card and their M&T Bank Visa Business Card, and they were starting to get in over their heads. Despite Tonja’s job as a motor vehicle inspector, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
9 Months Ago, Tonja Attempted to Find a High Risk Loan for $32,000.00, and it was Easy
It is an existing struggle for borrowers to find 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 physically harmful to borrowers like Tonja. Tonja decided not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit borrowers. Borrowers with credit ratings as low as 560 can apply for a high risk loan and may be be approved.
Signature Loan easily acquired in Defiance, Ohio for $20000 with good credit by Tonja
Most borrowers have difficulty with obtaining signature loans in Defiance, Ohio, and Tonja is no different. Tonja went to 7 lending institutions or more prior to finding National Bank of Defiance, who offered Tonja a signature loan for $20000. Most signature loans simply require a client, like Tonja’s signature to obtain them, up to $20,000 in some cases. Tonja was able to get $20000 as a no collateral loan, which is very high for a no collateral loan. Since signature loans do not need a cosigner, these loans tend to need better credit, as high as 732
Tonja’s Transunion score was altered by the no collateral loan loan, changing to 610 from 629, which is normal in our experience.
Previous requests on Tonja’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$96480.00||6||6.8%||$1635.64||The Vinton Banking Company||December 13, 2011|
|$96190.00||9||6.2%||$1164.37||The Ohio Valley Bank Company||May 21, 2012|
|$95830.00||5||11.8%||$2122.01||The Citizens Bank||November 24, 2012|
|$96320.00||9||8.2%||$1263.97||The Peoples Bank||December 2, 2013|
Before applying for this no collateral loan, Tonja had an Experian score of 646, which is good, so National Bank of Defiance most likely cannot provide Tonja a no collateral loan
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $20,000.00 to $44,000.00. They are mainly used to pay off existing high interest loans like credit cards. Tonja required a debt consolidation loan to pay for their existing no collateral loan and their payday loan. Tonja was able to find a no collateral loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 4.5%.
Tonja has a very low current gross income, but has several of prospects
Tonja has always wanted to be a wildlife biologist, but would need attend Mountain State University again to achieve it. Tonja has other possibilities as well, including medical records technician, math professor, and sales representative, which pay $59,000 through to $94,000 per year, on average. For this reason, we believe that Tonja can pay for this no collateral loan of $20000.
Conclusion of Tonja’s no collateral loan
In the end, Tonja was able to find a no collateral loan for $20000 with an interest rate of 8.2% interest APR from National Bank of Defiance in Defiance, Ohio repayable over 19 years from now.