$24000 Unsecured Loan – Germantown Ohio, Credit Score Of 706
- Experian: 722 – The client had a good Experian rating
- Transunion: 688 – Lorinda had a good credit score with Transunion.
- Equifax: Lorinda’s Experian score was 706, which is a good credit score on the Experian scale.
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $27,000.00 to $41,000.00. They are typically used to pay off existing high interest loans like credit cards. Lorinda required a debt consolidation loan to pay for their existing unsecured loan and their loan shark loan. Lorinda was able to find a unsecured loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your bad, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.4%.
Before applying for this unsecured loan, Lorinda had an Experian score of 722, which is good, so The First National Bank of Germantown likely cannot provide Lorinda an unsecured loan
Previous requests on Lorinda’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$84330.00||5||10.5%||$1812.58||The Vinton Banking Company||May 27, 2010|
|$83800.00||3||9.6%||$2688.28||The Ohio Valley Bank Company||May 27, 2011|
|$84380.00||5||8.3%||$1723.06||The Citizens Bank||July 7, 2013|
|$84120.00||11||7.6%||$942.25||The Peoples Bank||August 12, 2014|
|$84390.00||5||5.8%||$1623.66||The Freeport State Bank||October 23, 2014|
When Lorinda was 24, they attempted to obtain a student loan from 4 alternate lenders, which damaged their credit score. Below is a list of Lorinda’s prior attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on November 22, 2008
- Attempt 2) Loan for $34,000.00 on January 7, 2012
- Attempt 3) Loan for $37,000.00 on March 14, 2010
- Attempt 4) Loan for $21,000.00 on July 20, 2011
Signature Loan found in Germantown, Ohio for $24000 with good credit by Lorinda
A lot of borrowers struggle with obtaining signature loans in Germantown, Ohio, and Lorinda is the same. Lorinda went to 8 lending institutions or more before finding The First National Bank of Germantown, who offered Lorinda a signature loan for $24000. Typical signature loans simply require a client, like Lorinda’s signature to obtain them, up to $30,000 in some cases. Lorinda was able to get $24000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans do not need a cosigner, these loans generally need improved credit, as high as 716
Installment loan for Lorinda, a graduate of SUNY Westchester Community College and a fire protection engineer working for over $60,000 per year
Lorinda, an alumnus at SUNY Westchester Community College and a fire protection engineer in Germantown, Ohio needs an unsecured loan to purchase a house. Lorinda has instead chosen to get an installment loan for $3,000 and is currently seeking lenders like The Union Bank and Savings Company to provide it.
Lorinda’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their fire protection engineer job and their future job as a fashion designer
Contact Details for The First National Bank of Germantown, the provider of this unsecured loan
- The First National Bank of Germantown
- City: Germantown
- State: Ohio
- Address: 17 North Main Street
- County: Montgomery
- Zip code: 45327
Lorinda’s Transunion score was altered by the unsecured loan loan, changing to 688 from 706, which is typical in our experience.
Lorinda has a sad current gross income, but has a high number of prospects
Lorinda has always wanted to be a fashion designer, but would need attend SUNY Westchester Community College again to become one. Lorinda has other prospects as well, including sports events business manager, cook, and clinical psychologist, which pay $52,000 through to $103,000 per year, on average. For this reason, we believe that Lorinda can pay for this unsecured loan of $24000.
Many other requests for credit have been made by Lorinda in the past, including one from Bank of Mount Hope in Germantown, Ohio before Lorinda was approved for the $24000 by The First National Bank of Germantown
Lorinda made 6 previous attempts to obtain an unsecured loan, 2 of which were with Bank of Mount Hope, a lender in Germantown, Ohio known to specialize in unsecured loans specifically. Before finding The First National Bank of Germantown, Lorinda was desperate due to their inexperience and good credit score.
Fast Loans for Lorinda in Germantown, Ohio to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Germantown, Ohio aren’t actually that difficult to obtain, particularly if you have some finesse like Lorinda. Lorinda was able to find a fast loan for $24000 from ShoreBank and The Peoples Bank, but declined both offers in favor of their unsecured loan from The First National Bank of Germantown. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement in the case that you are on the go.
Personal Loan for a fire protection engineer named Lorinda in Germantown, Ohio to Pay Off Fifth Third Preferred Card
Lorinda had a lot of credit card debt on their USAA Cash Rewards World MasterCard and their Baylor University Alumni Association Visa, and they were starting to get in over their heads. Despite Lorinda’s job as a fire protection engineer, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Lorinda was not approved by The Vinton Banking Company 6 times before being granted funding by The First National Bank of Germantown at 17 North Main Street
On March 20, 2013, Lorinda inquired about borrowing $48,000 from First City Bank with Guy, their friend from just outside Germantown, and even with the co-signer, Lorinda was rejected for this unsecured loan. With good credit, it can be very hard to obtain financing, even with collateral and a co-signer.
- Full name (Changed if requested): Lorinda Plater
- Current Credit: loans.hit.utils.Fico@21588809
- Current City: Germantown
- State: Ohio
- Zip code: 45334
- Yearly income: $36,000
- Current Job: fire protection engineer
- Current County: Montgomery
- Goal Yearly Income: $145,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Paraphrased and Standardized Quote from Lorinda for this unsecured loan of $24000, provided by The First National Bank of Germantown
Hi, I am Lorinda and I’m from Germantown in Ohio. Montgomery, county is where I grew up, and now I need a unsecured loan in Ohio for $24000 to buy a big ticket item. It has been difficult, but The First National Bank of Germantown really came through for me with this loan for 5.1% interest APR and a term of 13 years. I will repay the loan over the 13 year term, including interest. A big thanks to The First National Bank of Germantown for trusting me and my good credit. It look me 4 years to build my credit to 706, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
6 Months Ago, Lorinda Attempted to Find a High Risk Loan for $27,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Lorinda. Lorinda decided not to obtain a high risk loan this time. High Risk loans are given to bad credit clients. Individuals with credit scores as low as 545 can apply for a high risk loan and may be be approved.
Conclusion of Lorinda’s unsecured loan
In the end, Lorinda was able to find an unsecured loan for $24000 with an interest rate of 11.0% interest APR from The First National Bank of Germantown in Germantown, Ohio repayable over 13 years from today.