$58000 Mortgage – Huron Ohio, Credit Score Of 800
- Experian: 810 – This individual had an excellent Experian score
- Transunion: 788 – Tandy had an excellent credit score with Transunion.
- Equifax: Tandy’s Experian score was 800, which is an excellent credit score using the Experian system.
Installment loan for Tandy, a graduate of New England College and a music teacher working for over $64,000 per year
Tandy, an alumnus at New England College and a music teacher in Huron, Ohio needs a mortgage to purchase something frivolous. Tandy has instead chosen to get an installment loan for $1,000 and is at present seeking lenders like Bank One, Ashland to process their request.
Previous requests on Tandy’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$104250.00||8||11.4%||$1660.18||The Vinton Banking Company||September 20, 2012|
|$104420.00||6||10.6%||$1966.21||The Ohio Valley Bank Company||October 7, 2014|
|$104270.00||4||11.5%||$2720.3||The Citizens Bank||October 30, 2014|
|$104430.00||5||7.1%||$2072.77||The Peoples Bank||January 3, 2015|
Before applying for this mortgage, Tandy had an Experian score of 810, which is excellent, so The Firelands Community Bank likely cannot provide Tandy a mortgage
Tandy’s Overall FICO score at the time of acceptance for a mortgage, taking into account their music teacher job and their future career as a home appliance installer
Personal Loan for a music teacher named Tandy in Huron, Ohio to Pay Off Dillard’s Credit Card
Tandy had a lot of credit card debt on their Commerce Bank Visa Signature Credit Card and their Dollar Bank Valued Customer Visa, and they were starting to get in over their heads. Despite Tandy’s job as a music teacher, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Tandy was 24, they attempted to obtain a student loan from 5 different banks, which damaged their credit rating. Below is a list of Tandy’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on January 6, 2012
- Attempt 2) Loan for $38,000.00 on July 13, 2012
- Attempt 3) Loan for $37,000.00 on September 21, 2010
- Attempt 4) Loan for $36,000.00 on September 27, 2012
- Attempt 5) Loan for $37,000.00 on April 15, 2010
Signature Loan easily acquired in Huron, Ohio for $58000 with excellent credit by Tandy
Many borrowers have difficulty with obtaining signature loans in Huron, Ohio, and Tandy is no exception. Tandy went to 5 lending institutions or more prior to settling on The Firelands Community Bank, who offered Tandy a signature loan for $58000. Most signature loans simply need a client, like Tandy’s signature to obtain them, up to $22,000 in some cases. Tandy was able to get $58000 as a mortgage, which is very high for a mortgage. Because signature loans do not need collateral, these loans tend to require higher credit, as high as 718
8 Months Ago, Tandy Tried Finding a High Risk Loan for $42,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for clients to find high risk loans in a non-harmful way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Tandy. Tandy chose not to get a high risk loan this time. High Risk loans are given to terrible credit applicants. Clients with credit scores as low as 336 can apply for a high risk loan and possibly can be approved.
Many previous requests for credit have been made by Tandy in the past, including one from Charter One Bank, National Association in Huron, Ohio before Tandy was approved for the $58000 by The Firelands Community Bank
Tandy made 6 prior attempts to obtain a mortgage, 2 of which were with Charter One Bank, National Association, a bank in Huron, Ohio known to specialize in mortgages specifically. Before finding The Firelands Community Bank, Tandy was concerned due to their inexperience and excellent credit rating.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $39,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Tandy required a debt consolidation loan to pay for their existing mortgage and their loan shark loan. Tandy was able to find a mortgage 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 one lower interest loan. Debt consolidation loans generally have interest rates as low as 3.5%.
Tandy’s Transunion score was changed by the mortgage loan, changing to 788 from 800, which is normal in our experience.
Fast Loans for Tandy in Huron, Ohio to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Huron, Ohio aren’t actually that difficult to obtain, especially if you have some finesse like Tandy. Tandy was able to find a fast loan for $58000 from National City Bank, Northeast and The Fifth Third Bank, but turned down both offers in favor of their mortgage from The Firelands Community Bank. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big improvement in the case that you are on the go.
Paraphrased and Standardized Quote from Tandy for this mortgage of $58000, provided by The Firelands Community Bank
Hi, I am Tandy and I’m from Huron in Ohio. Erie, county is where I grew up, and now I need a mortgage in Ohio for $58000 to pay bills. It wasn’t easy, but The Firelands Community Bank really came through for me with this loan for 7.3% interest APR and a term of 18 years. I can probably repay the loan over the 18 year term, including interest. A big thanks to The Firelands Community Bank for giving me a chance and my excellent credit. It look me 4 years to create my credit to 800, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.
Tandy was declined by PNC Bank, Ohio, National Association 7 times prior to being accepted by The Firelands Community Bank at 357-63 Main Street
On June 19, 2009, Tandy inquired about borrowing $17,000 from ShoreBank with Refugia, their friend from just outside Huron, and even with the co-signer, Tandy was rejected for this mortgage. With excellent credit, it can be challenging to procure financing, even with collateral and a co-signer.
Tandy has a disappointing current total income, but has several of prospects
Tandy has always wanted to be a home appliance installer, but would have to attend New England College again to become one. Tandy has other prospects as well, including atmospheric and space scientist, electric motor mechanic, and resource teacher, which pay $58,000 through to $109,000 per year, on average. For this reason, we believe that Tandy can afford this mortgage of $58000.
Contact Details for The Firelands Community Bank, the provider of this mortgage
- The Firelands Community Bank
- City: Huron
- State: Ohio
- Address: 357-63 Main Street
- County: Erie
- Zip code: 44839
- Full name (Changed if requested): Tandy Whittley
- Current Credit: loans.hit.utils.Fico@6659c656
- Current City: Huron
- State: Ohio
- Zip code: 44843
- Yearly income: $63,000
- Current Job: music teacher
- Current County: Erie
- Goal Yearly Income: $111,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Conclusion of Tandy’s mortgage
In the end, Tandy was able to find a mortgage for $58000 with an interest rate of 11.7% interest APR from The Firelands Community Bank in Huron, Ohio repayable over 18 years from now.