$108000 Consolidation Loan – Pawleys Island South Carolina, Credit Rating Of 751
- Experian: 764 – This client had an excellent Experian score
- Transunion: 734 – Floria had an excellent credit rating with Transunion.
- Equifax: Floria’s Experian score was 751, which is an excellent credit score with the Experian rating scheme.
Contact Details for Palmetto Heritage Bank & Trust, the provider of this consolidation loan
- Palmetto Heritage Bank & Trust
- City: Pawleys Island
- State: South Carolina
- Address: 10919 Ocean Boulevard
- County: Georgetown
- Zip code: 29585
7 Months Ago, Floria Tried Finding a High Risk Loan for $33,000.00, and it was Hard
There is an existing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Floria. Floria decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Clients with credit ratings as low as 483 can apply for a high risk loan and have a chance to be approved.
Paraphrased and Standardized Quote from Floria for this consolidation loan of $108000, provided by Palmetto Heritage Bank & Trust
Hello, I am Floria and I’m from Pawleys Island in South Carolina. Georgetown, county is where I grew up, and now I need a consolidation loan in South Carolina for $108000 to renovate my home. It wasn’t easy, but Palmetto Heritage Bank & Trust really came through for me with this loan for 7.4% interest APR and a term of 4 years. I can repay the loan over the 4 year term, including interest. A big thanks to Palmetto Heritage Bank & Trust for trusting me and my excellent credit. It look me 4 years to create my credit to 751, and I won’t tarnish it any future. I am pleased with Find Texas Loans for assisting me this far.
Installment loan for Floria, a graduate of Graceland University and a costume attendant working for over $69,000 per year
Floria, an alumnus at Graceland University and a costume attendant in Pawleys Island, South Carolina needs a consolidation loan to purchase a house. Floria has instead decided to obtain an installment loan for $22,000 and is at present seeking lenders like Bank of Hodges to provide it.
Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $30,000.00 to $59,000.00. They are typically used to pay off existing high interest loans like credit cards. Floria needed a debt consolidation loan to pay for their existing consolidation loan and their loan shark loan. Floria was able to find a consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates as low as 3.4%.
Floria has a low current gross income, but has a large amount of prospects
Floria has always wanted to be an oceanographic assistant, but would need attend Graceland University again to become one. Floria has other prospects as well, including surgeon, medical transcriptionist, and horticulturist, which pay $56,000 through to $91,000 per year, on average. Because of this, we believe that Floria can afford this consolidation loan of $108000.
Before applying for this consolidation loan, Floria had an Experian score of 764, which is excellent, so Palmetto Heritage Bank & Trust likely cannot provide Floria a consolidation loan
Floria was rejected by The First National Bank of Sharon 4 times prior to being accepted by Palmetto Heritage Bank & Trust at 10919 Ocean Boulevard
On April 10, 2010, Floria inquired about borrowing $33,000 from Farmers & Merchants Bank with Berna, their in law from just outside Pawleys Island, and even with the co-signer, Floria was rejected for this consolidation loan. With excellent credit, it can be difficult to procure financing, even with collateral and a co-signer.
When Floria was 22, they attempted to obtain a student loan from 6 alternate lenders, which damaged their credit rating. Below is a list of Floria’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on September 10, 2012
- Attempt 2) Loan for $30,000.00 on April 23, 2012
- Attempt 3) Loan for $31,000.00 on June 20, 2009
- Attempt 4) Loan for $39,000.00 on March 27, 2011
- Attempt 5) Loan for $21,000.00 on December 29, 2009
- Attempt 6) Loan for $20,000.00 on April 25, 2009
Floria’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their costume attendant job and their future career as an oceanographic assistant
Several previous requests for credit have been made by Floria in the past, including one from Citizens Bank of Chatsworth in Pawleys Island, South Carolina before Floria was accepted for the $108000 by Palmetto Heritage Bank & Trust
Floria made 4 prior attempts to obtain a consolidation loan, 2 of which were with Citizens Bank of Chatsworth, a lending institution in Pawleys Island, South Carolina known to specialize in consolidation loans specifically. Before finding Palmetto Heritage Bank & Trust, Floria was concerned due to their inexperience and excellent credit rating.
Personal Loan for a costume attendant named Floria in Pawleys Island, South Carolina to Pay Off SunTrust Cash Rewards
Floria had a tonne of credit card debt on their L.L. Bean Visa Card and their Atlantic Stewardship Bank Visa Business Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Floria’s job as a costume attendant, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Floria’s Transunion score was changed by the consolidation loan loan, changing to 734 from 751, which is normal in our experience.
Previous requests on Floria’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$60280.00||3||8.5%||$1902.89||The Peoples Bank||July 22, 2012|
|$59520.00||9||9.5%||$821.93||The Commercial Bank||June 18, 2013|
|$60320.00||10||10.1%||$800.48||The Bank of Hartsville||October 26, 2014|
|$59670.00||9||11.4%||$885.97||Farmers and Merchants Bank of South Carolina||December 30, 2014|
|$60310.00||7||6.4%||$892.65||The Security Bank||January 5, 2015|
Signature Loan acquired in Pawleys Island, South Carolina for $108000 with excellent credit by Floria
Most clients have difficulty with obtaining signature loans in Pawleys Island, South Carolina, and Floria is no different. Floria went to 6 lending institutions or more before settling on Palmetto Heritage Bank & Trust, who offered Floria a signature loan for $108000. Typical signature loans simply require a client, like Floria’s signature to get them, up to $29,000 in some cases. Floria was able to get $108000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans do not require a cosigner, they generally need higher credit, as high as 786
Fast Loans for Floria in Pawleys Island, South Carolina to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Pawleys Island, South Carolina aren’t actually that difficult to obtain, particularly if you have some finesse like Floria. Floria was able to find a fast loan for $108000 from The Farmers & Merchants Bank and The Community Bank of South Carolina, but declined both offers in favor of their consolidation loan from Palmetto Heritage Bank & Trust. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. An improvement if a borrower is in a pinch.
- Full name (Changed if requested): Floria Gorr
- Current Credit: loans.hit.utils.Fico@63c12fb0
- Current City: Pawleys Island
- State: South Carolina
- Zip code: 29594
- Yearly income: $35,000
- Current Job: costume attendant
- Current County: Georgetown
- Goal Yearly Income: $104,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Conclusion of Floria’s consolidation loan
In the end, Floria was able to find a consolidation loan for $108000 with an interest rate of 11.6% interest APR from Palmetto Heritage Bank & Trust in Pawleys Island, South Carolina repayable over 4 years from today.