$21000 Consolidation Loan – Griffin Georgia, Credit Score Of 537
- Experian: 552 – They had a fair Experian rating
- Transunion: 518 – Kaci had a fair credit rating with Transunion.
- Equifax: Kaci’s Experian score was 537, which is a fair credit rating on the Experian scale.
- Full name (Changed if requested): Kaci Kreissler
- Current Credit: loans.hit.utils.Fico@311d617d
- Current City: Griffin
- State: Georgia
- Zip code: 30226
- Yearly income: $46,000
- Current Job: tool & machine designer
- Current County: Spalding
- Goal Yearly Income: $126,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Fast Loans for Kaci in Griffin, Georgia to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Griffin, Georgia aren’t actually that difficult to obtain, particularly if you have some gumption like Kaci. Kaci was able to find a fast loan for $21000 from Washington Loan & Banking Company and Talbot State Bank, but turned down both offers in favor of their consolidation loan from The Bank of Griffin. 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 7 weeks for personal loans. An improvement if a client is in a pinch.
Kaci has a low current gross income, but has a high number of prospects
Kaci has always wanted to be an environmental research analyst, but would have to attend VA NY Harbor Healthcare System – Manhattan again to achieve it. Kaci has other possibilities as well, including overhead door installer, exercise physiologist, and laboratory tester, which pay $53,000 through to $102,000 per year, on average. Because of this, we think that Kaci can pay for this consolidation loan of $21000.
Multiple other requests for credit have been made by Kaci in the past, including one from First State Bank in Griffin, Georgia before Kaci was approved for the $21000 by The Bank of Griffin
Kaci made 4 previous attempts to obtain a consolidation loan, 2 of which were with First State Bank, a lender in Griffin, Georgia known to specialize in consolidation loans specifically. Prior to finding The Bank of Griffin, Kaci was desperate due to their inexperience and fair credit score.
Kaci’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their tool & machine designer job and their future career as an environmental research analyst
Before applying for this consolidation loan, Kaci had an Experian score of 552, which is fair, so The Bank of Griffin probably cannot provide Kaci a consolidation loan
Kaci was not approved by First South Bank, National Association 4 times prior to being accepted by The Bank of Griffin at 433 West Taylor Street
On July 5, 2009, Kaci applied about borrowing $26,000 from Bank of Alapaha with Nerissa, their friend from just outside Griffin, and even with the co-signer, Kaci was rejected for this consolidation loan. With fair credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans vary from $26,000.00 to $55,000.00. They are mainly used to pay off existing high interest loans like credit cards. Kaci required a debt consolidation loan to pay for their existing consolidation loan and their payday loan. Kaci was able to find a consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.3%.
Signature Loan acquired in Griffin, Georgia for $21000 with fair credit by Kaci
Most prospective borrowers have difficulty with obtaining signature loans in Griffin, Georgia, and Kaci is the same. Kaci went to 6 lenders or more before settling on The Bank of Griffin, who offered Kaci a signature loan for $21000. Typical signature loans simply need a client, like Kaci’s signature to get them, up to $40,000 in some cases. Kaci was able to get $21000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans do not need collateral, they generally require improved credit, as high as 753
Previous requests on Kaci’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$79220.00||6||11.8%||$1540.54||NationsBank of Florida, National Association||January 23, 2009|
|$79410.00||10||8.4%||$980.33||Century Bank and Trust||April 23, 2013|
|$79120.00||9||9.7%||$1101.09||Bank of Madison||October 13, 2013|
|$79310.00||11||6.4%||$838.48||Bank of Hazlehurst||October 29, 2014|
|$79190.00||11||5.7%||$808.9||The Citizens and Southern Bank of Dublin||February 8, 2015|
When Kaci was 20, they tried to obtain a student loan from 7 alternate lenders, which damaged their credit rating. Below is a chronology of Kaci’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on April 22, 2012
- Attempt 2) Loan for $39,000.00 on February 28, 2014
- Attempt 3) Loan for $29,000.00 on January 13, 2011
- Attempt 4) Loan for $39,000.00 on June 12, 2010
- Attempt 5) Loan for $30,000.00 on October 15, 2011
- Attempt 6) Loan for $30,000.00 on December 30, 2011
- Attempt 7) Loan for $35,000.00 on October 22, 2009
Personal Loan for a tool & machine designer named Kaci in Griffin, Georgia to Pay Off Fashion Bug Credit Card
Kaci had a tonne of credit card debt on their Commerce Bank Special Connections Visa and their Toys ‘R Us Platinum Mastercard, and they were starting to get in over their heads. Despite Kaci’s job as a tool & machine designer, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
8 Months Ago, Kaci Tried Finding a High Risk Loan for $36,000.00, and it was Hard
It 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 similar lenders, which can be physically harmful to borrowers like Kaci. Kaci decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Borrowers with credit ratings as low as 466 can inquire for a high risk loan and possibly can be accepted.
Paraphrased and Standardized Quote from Kaci for this consolidation loan of $21000, provided by The Bank of Griffin
Hi, I am Kaci and my hometown is Griffin in Georgia. Spalding, county is where I grew up, and now I need a consolidation loan in Georgia for $21000 to buy a car. It has been difficult, but The Bank of Griffin really came through for me with this loan for 6.4% interest APR and a term of 5 years. I can repay the loan over the 5 year term, including interest. A big thanks to The Bank of Griffin for giving me a chance and my fair credit. It look me 5 years to build my credit to 537, and I won’t harm it any more. I’m happy with Find Texas Loans for assisting me this far.
Contact Details for The Bank of Griffin, the provider of this consolidation loan
- The Bank of Griffin
- City: Griffin
- State: Georgia
- Address: 433 West Taylor Street
- County: Spalding
- Zip code: 30223
Installment loan for Kaci, a graduate of VA NY Harbor Healthcare System – Manhattan and a tool & machine designer working for over $64,000 per year
Kaci, an alumnus at VA NY Harbor Healthcare System – Manhattan and a tool & machine designer in Griffin, Georgia wants a consolidation loan to purchase a new cell phone. Kaci has instead decided to get an installment loan for $26,000 and is currently seeking lenders like Allied Bank of Georgia to process their request.
Kaci’s Transunion score was changed by the consolidation loan loan, changing to 518 from 537, which is normal in our experience.
Conclusion of Kaci’s consolidation loan
In the end, Kaci was able to find a consolidation loan for $21000 with an interest rate of 10.5% interest APR from The Bank of Griffin in Griffin, Georgia repayable over 5 years from today.