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Janetta Had Need For A Quick Loan For $51000, Indianapolis, Indiana

$51000 Quick Loan – Indianapolis Indiana, Credit Rating Of 781

  • Experian: 799 – They had an excellent Experian score
  • Transunion: 764 – Janetta had an excellent credit rating with Transunion.
  • Equifax: Janetta’s Experian score was 781, which is an excellent credit rating with the Experian system.

Installment loan for Janetta, a graduate of Columbus Technical College and a revenue agent working for over $63,000 per year

Janetta, an alumnus at Columbus Technical College and a revenue agent in Indianapolis, Indiana needs a quick loan to purchase a new cell phone. Janetta has instead decided to obtain an installment loan for $16,000 and is currently seeking lenders like American State Bank to provide it.

Client Profile: Janetta Sherwood of Indianapolis, Indiana
  • Full name (Changed if requested): Janetta Sherwood
  • Current Credit: loans.hit.utils.Fico@5ef04b5
  • Current City: Indianapolis
  • State: Indiana
  • Zip code: 46210
  • Yearly income: $48,000
  • Current Job: revenue agent
  • Current County: Marion
  • Goal Yearly Income: $114,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000

9 Months Ago, Janetta Attempted Finding a High Risk Loan for $36,000.00, and it was Easy

It is an existing struggle for clients to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Janetta. Janetta chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit applicants. Individuals with credit scores as low as 433 can apply for a high risk loan and may be be approved.

Janetta has a very low current total income, but has a large amount of prospects

Janetta has always wanted to be a fitness trainer, but would have to attend Columbus Technical College again to become one. Janetta has other prospects as well, including industrial therapist, photogrammetric engineer, and marine cargo surveyor, which pay $57,000 through to $92,000 per year, at least. For this reason, we think that Janetta can afford this quick loan of $51000.

Paraphrased and Standardized Quote from Janetta for this quick loan of $51000, provided by The National Bank of Indianapolis

Hello, I am Janetta and I’m from Indianapolis in Indiana. Marion, county is where I grew up, and now I need a quick loan in Indiana for $51000 to avoid bankruptcy. It wasn’t easy, but The National Bank of Indianapolis really came through for me with this loan for 7.7% interest APR and a term of 11 years. I can probably repay the loan over the 11 year term, including interest. A big thanks to The National Bank of Indianapolis for trusting me and my excellent credit. It look me 9 years to build my credit to 781, and I won’t harm it any more. I am happy with Find Texas Loans for helping me this far.

When Janetta was 21, they attempted to obtain a student loan from 5 different banks, which damaged their credit score. Below is a list of Janetta’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $25,000.00 on June 6, 2010
  • Attempt 2) Loan for $28,000.00 on December 23, 2013
  • Attempt 3) Loan for $37,000.00 on November 8, 2010
  • Attempt 4) Loan for $21,000.00 on April 28, 2010
  • Attempt 5) Loan for $36,000.00 on January 20, 2014

Janetta was declined by Citizens Bank of Central Indiana 6 times prior to being granted funding by The National Bank of Indianapolis at 107 North Pennsylvania Street

On August 25, 2011, Janetta inquired about borrowing $15,000 from Farmers State Bank with Jaimie, their friend from just outside Indianapolis, and even with the co-signer, Janetta was rejected for this quick loan. With excellent credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Previous requests on Janetta’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$149340.00 9 10.1% $2110.61 The Citizens Exchange Bank March 14, 2010
$148730.00 11 9.7% $1836.92 Alliance Bank August 3, 2010
$149460.00 3 8.5% $4718.08 Farmers State Bank January 31, 2012
$149340.00 3 7.5% $4645.4 First United Bank, National Association August 29, 2012

Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans range from $31,000.00 to $53,000.00. They are normally used to pay off existing high interest loans like credit cards. Janetta needed a debt consolidation loan to pay for their existing quick loan and their credit card. Janetta was able to find a quick loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.1%.

Personal Loan for a revenue agent named Janetta in Indianapolis, Indiana to Pay Off Norwegian Cruise Line World MasterCard Credit Card

Janetta had a lot of credit card debt on their True Value Discover Card and their OfficeMax Visa Signature Card, and they were starting to get in over their heads. Despite Janetta’s job as a revenue agent, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Signature Loan easily acquired in Indianapolis, Indiana for $51000 with excellent credit by Janetta

Many borrowers have difficulty with finding signature loans in Indianapolis, Indiana, and Janetta is the same. Janetta went to 7 lenders or more prior to finding The National Bank of Indianapolis, who offered Janetta a signature loan for $51000. Typical signature loans simply need a client, like Janetta’s signature to get them, up to $36,000 in some cases. Janetta was able to get $51000 as a quick loan, which is very high for a quick loan. Because signature loans do not require collateral, they tend to need improved credit, as high as 760

Janetta’s Transunion score was changed by the quick loan loan, changing to 764 from 781, which is typical in our experience.

Transunion Score: 764

Fast Loans for Janetta in Indianapolis, Indiana to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Indianapolis, Indiana aren’t actually that difficult to obtain, particularly if you have some finesse like Janetta. Janetta was able to find a fast loan for $51000 from Farmers State Bank and American State Bank, but declined both offers in favor of their quick loan from The National Bank of Indianapolis. 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. An improvement in the case that a borrower is on the go.

Many past requests for credit have been made by Janetta in the past, including one from United Illinois Bank of Collinsville in Indianapolis, Indiana before Janetta was approved for the $51000 by The National Bank of Indianapolis

Janetta made 6 previous tries to obtain a quick loan, 2 of which were with United Illinois Bank of Collinsville, a bank in Indianapolis, Indiana known to specialize in quick loans specifically. Prior to finding The National Bank of Indianapolis, Janetta was very concerned due to their inexperience and excellent credit score.

Janetta’s Overall FICO score at the time of acceptance for a quick loan, taking into account their revenue agent job and their future career as a fitness trainer

Fico Score: 781

Before applying for this quick loan, Janetta had an Experian score of 799, which is excellent, so The National Bank of Indianapolis most likely can provide Janetta a quick loan

Experian Score: 799

Contact Details for The National Bank of Indianapolis, the provider of this quick loan

  • The National Bank of Indianapolis
  • City: Indianapolis
  • State: Indiana
  • Address: 107 North Pennsylvania Street
  • County: Marion
  • Zip code: 46204

Conclusion of Janetta’s quick loan

In the end, Janetta was able to find a quick loan for $51000 with an interest rate of 6.3% interest APR from The National Bank of Indianapolis in Indianapolis, Indiana repayable over 11 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.