$12000 Direct Loan – Galena Illinois, Credit Rating Of 328
- Experian: 344 – This client had a terrible Experian rating
- Transunion: 314 – Tesha had a terrible credit score with Transunion.
- Equifax: Tesha’s Experian score was 328, which is a terrible credit rating with the Experian rating scheme.
Before applying for this direct loan, Tesha had an Experian score of 344, which is terrible, so The First National Bank of Galena probably cannot provide Tesha a direct loan
Fast Loans for Tesha in Galena, Illinois to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Galena, Illinois aren’t actually that difficult to obtain, particularly if you have some gumption like Tesha. Tesha was able to find a fast loan for $12000 from The Belvidere National Bank and Trust Company and Peoples National Bank of Kewanee, but turned down both offers in favor of their direct loan from The First National Bank of Galena. The difference with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. Much better if a borrower is on the go.
Installment loan for Tesha, a graduate of Clarion University of Pennsylvania and a safety inspector working for over $66,000 per year
Tesha, an alumnus at Clarion University of Pennsylvania and a safety inspector in Galena, Illinois wants a direct loan to purchase a new cell phone. Tesha has instead decided to obtain an installment loan for $4,000 and is currently seeking lenders like Community Banks of Shelby County to provide it.
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $21,000.00 to $41,000.00. They are typically used to pay off existing high interest loans like credit cards. Tesha required a debt consolidation loan to pay for their existing direct loan and their loan shark loan. Tesha was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which converts your dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.3%.
- Full name (Changed if requested): Tesha Evangelo
- Current Credit: loans.hit.utils.Fico@4d76f3f8
- Current City: Galena
- State: Illinois
- Zip code: 61041
- Yearly income: $48,000
- Current Job: safety inspector
- Current County: Jo Daviess
- Goal Yearly Income: $130,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Many previous requests for credit have been made by Tesha in the past, including one from First Federal Savings and Loan Association in Galena, Illinois before Tesha was approved for the $12000 by The First National Bank of Galena
Tesha made 8 previous attempts to obtain a direct loan, 2 of which were with First Federal Savings and Loan Association, a bank in Galena, Illinois known to specialize in direct loans specifically. Prior to finding The First National Bank of Galena, Tesha was very concerned due to their inexperience and terrible credit score.
Paraphrased and Standardized Quote from Tesha for this direct loan of $12000, provided by The First National Bank of Galena
Hi, I am Tesha and I am from Galena in Illinois. Jo Daviess, county is where I grew up, and now I need a direct loan in Illinois for $12000 to pay bills. It wasn’t easy, but The First National Bank of Galena really came through for me with this loan for 10.3% interest APR and a term of 10 years. I will repay the loan over the 10 year term, including interest. A big thanks to The First National Bank of Galena for trusting me and my terrible credit. It look me 5 years to build my credit to 328, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.
Tesha’s Overall FICO score at the time of acceptance for a direct loan, taking into account their safety inspector job and their future career as an educational resource coordinator
When Tesha was 20, they attempted to obtain a student loan from 4 alternate banks, which harmed their credit rating. Below is a list of Tesha’s previous attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on October 8, 2011
- Attempt 2) Loan for $25,000.00 on May 25, 2009
- Attempt 3) Loan for $38,000.00 on September 9, 2013
- Attempt 4) Loan for $23,000.00 on February 13, 2009
Tesha’s Transunion score was altered by the direct loan loan, changing to 314 from 328, which is typical in our experience.
Tesha has a very low current yearly income, but has a high number of prospects
Tesha has always wanted to be an educational resource coordinator, but would need attend Clarion University of Pennsylvania again to become one. Tesha has other possibilities as well, including greenhouse and nursery manager, reliability engineer, and mine cutting machine operator, which pay $55,000 through to $92,000 per year, on average. Because of this, we think that Tesha can pay for this direct loan of $12000.
Signature Loan acquired in Galena, Illinois for $12000 with terrible credit by Tesha
A lot of borrowers have difficulty with obtaining signature loans in Galena, Illinois, and Tesha is no different. Tesha went to 6 lenders or more prior to finding The First National Bank of Galena, who offered Tesha a signature loan for $12000. Most signature loans simply need a client, like Tesha’s signature to get them, up to $23,000 in some cases. Tesha was able to get $12000 as a direct loan, which is very high for a direct loan. Because signature loans do not need a cosigner, these loans tend to need better credit, as high as 766
Previous requests on Tesha’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$72170.00||9||7.8%||$932.1||The Gerber State Bank||May 31, 2010|
|$72490.00||4||6.3%||$1712.42||The Belvidere National Bank and Trust Company||March 28, 2013|
|$72250.00||6||9.6%||$1323.96||Commerce Bank||September 9, 2014|
|$71810.00||9||11.8%||$1082.3||Byron Bank||October 17, 2014|
|$71770.00||11||6.1%||$747.71||Amalgamated Bank of Chicago||December 9, 2014|
Tesha was rejected by State Bank of Niantic 5 times before being granted funding by The First National Bank of Galena at 115 Perry Street
On December 27, 2009, Tesha applied about borrowing $21,000 from Lake Shore National Bank with Tommy, their friend from just outside Galena, and even with the co-signer, Tesha was rejected for this direct loan. With terrible credit, it can be difficult to procure financing, even with collateral and a co-signer.
8 Months in the Past, Tesha Attempted Finding a High Risk Loan for $40,000.00, and it was Hard
It is an well known struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Tesha. Tesha decided not to obtain a high risk loan this time. High Risk loans are given to bad credit applicants. Clients with credit scores as low as 342 can apply for a high risk loan and may be be accepted.
Contact Details for The First National Bank of Galena, the provider of this direct loan
- The First National Bank of Galena
- City: Galena
- State: Illinois
- Address: 115 Perry Street
- County: Jo Daviess
- Zip code: 61036
Personal Loan for a safety inspector named Tesha in Galena, Illinois to Pay Off Associated Bank College Rewards Visa Card
Tesha had a tonne of credit card debt on their Atlantic Stewardship Bank Visa Signature Bonus Rewards PLUS Card and their US Bank Cash+ Visa Signature Card, and they were starting to get in over their heads. Despite Tesha’s job as a safety inspector, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Conclusion of Tesha’s direct loan
In the end, Tesha was able to find a direct loan for $12000 with an interest rate of 5.5% interest APR from The First National Bank of Galena in Galena, Illinois repayable over 10 years from today.