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19 Year, Fixed Interest Direct Loan For Kristina In Alabama

$87000 Direct Loan – Tuscaloosa Alabama, Credit Score Of 411

  • Experian: 425 – The client had a bad Experian rating
  • Transunion: 398 – Kristina had a bad credit rating with Transunion.
  • Equifax: Kristina’s Experian score was 411, which is a bad credit rating using the Experian system.

Before applying for this direct loan, Kristina had an Experian score of 425, which is bad, so National Bank of the South probably cannot provide Kristina a direct loan

Experian Score: 425

Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans range from $20,000.00 to $49,000.00. They are mainly used to pay off existing high interest loans like credit cards. Kristina required a debt consolidation loan to pay for their existing direct loan and their payday loan. Kristina was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your less desirable, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 2.7%.

Signature Loan acquired in Tuscaloosa, Alabama for $87000 with bad credit by Kristina

A lot of borrowers struggle with obtaining signature loans in Tuscaloosa, Alabama, and Kristina is the same. Kristina went to 5 lenders or more prior to finding National Bank of the South, who offered Kristina a signature loan for $87000. Most signature loans simply need a client, like Kristina’s signature to obtain them, up to $28,000 in some cases. Kristina was able to get $87000 as a direct loan, which is very high for a direct loan. Because signature loans don’t need a cosigner, they generally require better credit, as high as 752

Kristina’s Overall FICO score at the time of acceptance for a direct loan, taking into account their vending machine mechanic job and their future career as a craft artist

Fico Score: 411

Paraphrased and Standardized Quote from Kristina for this direct loan of $87000, provided by National Bank of the South

Hello, I am Kristina and my hometown is Tuscaloosa in Alabama. Tuscaloosa, county is where I grew up, and now I need a direct loan in Alabama for $87000 to buy a car. It has been difficult, but National Bank of the South really came through for me with this loan for 9.2% interest APR and a term of 19 years. I can repay the loan over the 19 year term, including interest. A big thanks to National Bank of the South for giving me a chance and my bad credit. It look me 4 years to create my credit to 411, and I won’t harm it any future. I am pleased with Find Texas Loans for assisting me this far.

Previous requests on Kristina’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$77340.00 6 9.5% $1413.36 AuburnBank November 11, 2012
$77320.00 9 6.8% $959.17 Bank of the South February 8, 2014
$76770.00 11 6.7% $823.55 Alabama City Bank of Gadsden, Alabama March 6, 2015
$77130.00 7 7.5% $1183.04 The Exchange Bank, Attalla, Alabama July 9, 2015

Kristina has a sad current yearly income, but has several of prospects

Kristina has always wanted to be a craft artist, but would have to attend Sentara Hospitals again to become one. Kristina has other possibilities as well, including vocational education teachers, residence counselor, and music teacher, which pay $55,000 through to $98,000 per year, at least. For this reason, we think that Kristina can pay for this direct loan of $87000.

Personal Loan for a vending machine mechanic named Kristina in Tuscaloosa, Alabama to Pay Off Malvern Federal Savings Bank Visa Business Card

Kristina had a lot of credit card debt on their New York & Company Credit Card and their Giant Eagle Fuelperks! Credit Card, and they were starting to get in over their heads. Despite Kristina’s job as a vending machine mechanic, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Client Profile: Kristina Weirather of Tuscaloosa, Alabama
  • Full name (Changed if requested): Kristina Weirather
  • Current Credit: loans.hit.utils.Fico@5cbc508c
  • Current City: Tuscaloosa
  • State: Alabama
  • Zip code: 35408
  • Yearly income: $51,000
  • Current Job: vending machine mechanic
  • Current County: Tuscaloosa
  • Goal Yearly Income: $107,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000

Contact Details for National Bank of the South, the provider of this direct loan

  • National Bank of the South
  • City: Tuscaloosa
  • State: Alabama
  • Address: 1101 Greensboro Avenue
  • County: Tuscaloosa
  • Zip code: 35401

Installment loan for Kristina, a graduate of Sentara Hospitals and a vending machine mechanic working for over $63,000 per year

Kristina, an alumnus at Sentara Hospitals and a vending machine mechanic in Tuscaloosa, Alabama wants a direct loan to purchase a car. Kristina has instead chosen to get an installment loan for $15,000 and is currently seeking lenders like Bank of Florala to process their request.

Kristina was not approved by The Bank of Vernon 4 times before being accepted by National Bank of the South at 1101 Greensboro Avenue

On November 20, 2009, Kristina inquired about borrowing $47,000 from Alabama City Bank of Gadsden, Alabama with Evita, their in law from just outside Tuscaloosa, and even with the co-signer, Kristina was rejected for this direct loan. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.

Many previous requests for credit have been made by Kristina in the past, including one from First National Bank of Silsbee, Texas in Tuscaloosa, Alabama before Kristina was accepted for the $87000 by National Bank of the South

Kristina made 4 previous tries to obtain a direct loan, 2 of which were with First National Bank of Silsbee, Texas, a bank in Tuscaloosa, Alabama known to specialize in direct loans specifically. Before finding National Bank of the South, Kristina was desperate due to their inexperience and bad credit rating.

Kristina’s Transunion score was changed by the direct loan loan, changing to 398 from 411, which is typical in our experience.

Transunion Score: 398

When Kristina was 20, they attempted to obtain a student loan from 5 alternate banks, which damaged their credit score. Below is a chronology of Kristina’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $20,000.00 on April 15, 2010
  • Attempt 2) Loan for $21,000.00 on December 2, 2009
  • Attempt 3) Loan for $35,000.00 on September 5, 2009
  • Attempt 4) Loan for $33,000.00 on December 13, 2008
  • Attempt 5) Loan for $23,000.00 on February 2, 2012

6 Months in the Past, Kristina Attempted to Find a High Risk Loan for $41,000.00, and it was Easy

It is an ongoing struggle for clients to get high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Kristina. Kristina chose not to obtain a high risk loan this time. High Risk loans are given to bad credit clients. Borrowers with credit scores as low as 315 can inquire for a high risk loan and may be be accepted.

Fast Loans for Kristina in Tuscaloosa, Alabama to prevent bankruptcy or harm from debt collectors.

Fast loans in Tuscaloosa, Alabama aren’t actually that difficult to obtain, especially if you have some gumption like Kristina. Kristina was able to find a fast loan for $87000 from The Bank of Berry and East Gadsden Bank, but declined both offers in favor of their direct loan from National Bank of the South. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big improvement in the case that a client is on the go.

Conclusion of Kristina’s direct loan

In the end, Kristina was able to find a direct loan for $87000 with an interest rate of 7.2% interest APR from National Bank of the South in Tuscaloosa, Alabama repayable over 19 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.