$88000 Fast Loan – Peoria Illinois, Credit Rating Of 324
- Experian: 339 – This individual had a terrible Experian rating
- Transunion: 311 – Nicolasa had a terrible credit rating with Transunion.
- Equifax: Nicolasa’s Experian score was 324, which is a terrible credit rating using the Experian scale.
Previous requests on Nicolasa’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$64450.00||5||7.2%||$1282.28||The Gerber State Bank||September 18, 2009|
|$64330.00||5||7.2%||$1279.89||The Belvidere National Bank and Trust Company||June 25, 2010|
|$64270.00||11||10.5%||$822.94||Commerce Bank||March 5, 2012|
|$64210.00||8||11.5%||$1026.04||Byron Bank||February 2, 2013|
Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $31,000.00 to $56,000.00. They are typically used to pay off existing high interest loans like credit cards. Nicolasa needed a debt consolidation loan to pay for their existing fast loan and their loan shark loan. Nicolasa was able to find a fast loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 4.3%.
7 Months in the Past, Nicolasa Tried Finding a High Risk Loan for $24,000.00, and it was Hard
There is an ongoing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Nicolasa. Nicolasa decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit borrowers. Borrowers with credit ratings as low as 370 can apply for a high risk loan and may be be approved.
Several past requests for credit have been made by Nicolasa in the past, including one from Midfed Savings Bank in Peoria, Illinois before Nicolasa was approved for the $88000 by University National Bank of Peoria
Nicolasa made 4 prior attempts to obtain a fast loan, 2 of which were with Midfed Savings Bank, a bank in Peoria, Illinois known to specialize in fast loans specifically. Before finding University National Bank of Peoria, Nicolasa was concerned due to their inexperience and terrible credit rating.
Fast Loans for Nicolasa in Peoria, Illinois to prevent bankruptcy or harm from debt collectors.
Fast loans in Peoria, Illinois aren’t actually that difficult to obtain, especially if you have some finesse like Nicolasa. Nicolasa was able to find a fast loan for $88000 from Citizens State Bank of Milford and Mercantile National Bank of Chicago, but declined both offers in favor of their fast loan from University National Bank of Peoria. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. An improvement in the case that you are on the go.
Nicolasa’s Transunion score was altered by the fast loan loan, changing to 311 from 324, which is typical in our experience.
Nicolasa’s Overall FICO score at the time of acceptance for a fast loan, taking into account their cost analysis engineer job and their future career as an occupational safety & health inspector
When Nicolasa was 19, they attempted to obtain a student loan from 6 different banks, which harmed their credit rating. Below is a chronology of Nicolasa’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on February 1, 2009
- Attempt 2) Loan for $38,000.00 on May 11, 2012
- Attempt 3) Loan for $29,000.00 on September 19, 2010
- Attempt 4) Loan for $25,000.00 on June 30, 2013
- Attempt 5) Loan for $28,000.00 on February 23, 2010
- Attempt 6) Loan for $34,000.00 on April 19, 2011
Contact Details for University National Bank of Peoria, the provider of this fast loan
- University National Bank of Peoria
- City: Peoria
- State: Illinois
- Address: 3109 North University Street
- County: Peoria
- Zip code: 61614
Before applying for this fast loan, Nicolasa had an Experian score of 339, which is terrible, so University National Bank of Peoria likely cannot provide Nicolasa a fast loan
Paraphrased and Standardized Quote from Nicolasa for this fast loan of $88000, provided by University National Bank of Peoria
Hello, I am Nicolasa and I’m from Peoria in Illinois. Peoria, county is where I grew up, and now I need a fast loan in Illinois for $88000 to avoid bankruptcy. It has been difficult, but University National Bank of Peoria really came through for me with this loan for 7.1% interest APR and a term of 17 years. I will repay the loan over the 17 year term, including interest. A big thanks to University National Bank of Peoria for trusting me and my terrible credit. It look me 6 years to build my credit to 324, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.
- Full name (Changed if requested): Nicolasa Hefel
- Current Credit: loans.hit.utils.Fico@75a1cd57
- Current City: Peoria
- State: Illinois
- Zip code: 61622
- Yearly income: $32,000
- Current Job: cost analysis engineer
- Current County: Peoria
- Goal Yearly Income: $128,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Personal Loan for a cost analysis engineer named Nicolasa in Peoria, Illinois to Pay Off Doctors Foster & Smith Visa
Nicolasa had a tonne of credit card debt on their Fifth Third Platinum Card and their Avenue Preferred Credit Card, and they were starting to get in over their heads. Despite Nicolasa’s job as a cost analysis engineer, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan acquired in Peoria, Illinois for $88000 with terrible credit by Nicolasa
Most borrowers struggle with finding signature loans in Peoria, Illinois, and Nicolasa is no exception. Nicolasa went to 7 lenders or more prior to finding University National Bank of Peoria, who offered Nicolasa a signature loan for $88000. Typical signature loans simply require a client, like Nicolasa’s signature to get them, up to $27,000 in some cases. Nicolasa was able to get $88000 as a fast loan, which is very high for a fast loan. Since signature loans don’t require collateral, they generally need improved credit, as high as 747
Nicolasa has a disappointing current gross income, but has several of prospects
Nicolasa has always wanted to be an occupational safety & health inspector, but would have to attend Southwestern Baptist Theological Seminary again to achieve it. Nicolasa has other prospects as well, including soil engineer, environmental compliance inspector, and nuclear equipment operation technician, which pay $55,000 through to $92,000 per year, at least. For this reason, we think that Nicolasa can afford this fast loan of $88000.
Installment loan for Nicolasa, a graduate of Southwestern Baptist Theological Seminary and a cost analysis engineer working for over $72,000 per year
Nicolasa, an alumnus at Southwestern Baptist Theological Seminary and a cost analysis engineer in Peoria, Illinois needs a fast loan to purchase a new cell phone. Nicolasa has instead chosen to obtain an installment loan for $26,000 and is at present seeking lenders like Uptown National Bank of Chicago to provide it.
Nicolasa was declined by Upper Avenue Bank 7 times prior to being granted funding by University National Bank of Peoria at 3109 North University Street
On March 23, 2012, Nicolasa inquired about borrowing $48,000 from Commerce Bank of Woodford County, National Association with Reba, their friend from just outside Peoria, and even with the co-signer, Nicolasa was rejected for this fast loan. With terrible credit, it can be difficult to procure funding, even with collateral and a co-signer.
Conclusion of Nicolasa’s fast loan
In the end, Nicolasa was able to find a fast loan for $88000 with an interest rate of 11.1% interest APR from University National Bank of Peoria in Peoria, Illinois repayable over 17 years from today.