$16000 Personal Loan – Torrance California, Credit Rating Of 323
- Experian: 336 – They had a terrible Experian rating
- Transunion: 311 – Irina had a terrible credit score with Transunion.
- Equifax: Irina’s Experian score was 323, which is a terrible credit score with the Experian scale.
Before applying for this personal loan, Irina had an Experian score of 336, which is terrible, so Marina Federal Savings and Loan Association probably cannot provide Irina a personal loan
7 Months Ago, Irina Tried to Find a High Risk Loan for $37,000.00, and it was Hard
There is an well known struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Irina. Irina decided not to obtain a high risk loan this time. High Risk loans are given to very low credit borrowers. Borrowers with credit ratings as low as 385 can apply for a high risk loan and may be be accepted.
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $36,000.00 to $54,000.00. They are mainly used to pay off existing high interest loans like credit cards. Irina needed a debt consolidation loan to pay for their existing personal loan and their payday loan. Irina was able to find a personal loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your dirty, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates as low as 4.8%.
Several past requests for credit have been made by Irina in the past, including one from Riverland Bank in Torrance, California before Irina was accepted for the $16000 by Marina Federal Savings and Loan Association
Irina made 7 previous tries to obtain a personal loan, 2 of which were with Riverland Bank, a bank in Torrance, California known to specialize in personal loans specifically. Prior to finding Marina Federal Savings and Loan Association, Irina was very concerned due to their inexperience and terrible credit score.
Irina was declined by Farmers & Merchants Bank of Central California 6 times before being granted funding by Marina Federal Savings and Loan Association at 22200 Hawthorne Blvd
On May 11, 2011, Irina applied about borrowing $23,000 from Central Bank with Beatris, their friend from just outside Torrance, and even with the co-signer, Irina was rejected for this personal loan. With terrible credit, it can be very hard to obtain financing, even with collateral and a co-signer.
Previous requests on Irina’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$36360.00||3||10.2%||$1176.65||Santa Monica Bank||August 21, 2009|
|$36270.00||7||5.3%||$517.77||Farmers and Merchants Bank of Long Beach||December 15, 2009|
|$36240.00||5||11.2%||$791.56||First Interstate Bank of California||February 20, 2010|
|$36310.00||8||5.6%||$470.12||Union Bank||June 5, 2011|
|$36310.00||11||6.7%||$389.51||Citizens Commercial Trust and Savings Bank of Pasadena||June 29, 2011|
Irina’s Overall FICO score at the time of acceptance for a personal loan, taking into account their history professor job and their future career as an educational therapist
Irina has a very low current total income, but has a large amount of prospects
Irina has always wanted to be an educational therapist, but would need attend Lake Land College again to become one. Irina has other prospects as well, including marine surveyor, industrial waste inspector, and hand and portable tool mechanic, which pay $51,000 through to $94,000 per year, at least. Because of this, we think that Irina can pay for this personal loan of $16000.
Personal Loan for a history professor named Irina in Torrance, California to Pay Off Tompkins Trust Company Visa Business Bonus Rewards Card
Irina had a tonne of credit card debt on their Zions Bank AmaZing Cash Credit Card and their Starbucks Prepaid Rewards Card, and they were starting to get in over their heads. Despite Irina’s job as a history professor, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Fast Loans for Irina in Torrance, California to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Torrance, California aren’t actually that difficult to obtain, particularly if you have some gumption like Irina. Irina was able to find a fast loan for $16000 from Santa Monica Bank and Farmers & Merchants Bank of Central California, but declined both offers in favor of their personal loan from Marina Federal Savings and Loan Association. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. An improvement if a borrower is in a time sensitive situation.
Signature Loan found in Torrance, California for $16000 with terrible credit by Irina
Most prospective borrowers struggle with obtaining signature loans in Torrance, California, and Irina is no different. Irina went to 5 lenders or more prior to settling on Marina Federal Savings and Loan Association, who offered Irina a signature loan for $16000. Typical signature loans simply need a client, like Irina’s signature to get them, up to $28,000 in some cases. Irina was able to get $16000 as a personal loan, which is very high for a personal loan. Because signature loans do not need a cosigner, they tend to need higher credit, as high as 779
When Irina was 20, they tried to obtain a student loan from 7 different banks, which damaged their credit score. Below is a chronology of Irina’s previous attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on February 12, 2012
- Attempt 2) Loan for $23,000.00 on August 22, 2010
- Attempt 3) Loan for $32,000.00 on May 22, 2011
- Attempt 4) Loan for $38,000.00 on December 15, 2010
- Attempt 5) Loan for $29,000.00 on August 16, 2009
- Attempt 6) Loan for $22,000.00 on July 1, 2010
- Attempt 7) Loan for $22,000.00 on January 21, 2010
- Full name (Changed if requested): Irina Lockard
- Current Credit: loans.hit.utils.Fico@4459eb14
- Current City: Torrance
- State: California
- Zip code: 90510
- Yearly income: $55,000
- Current Job: history professor
- Current County: Los Angeles
- Goal Yearly Income: $127,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Installment loan for Irina, a graduate of Lake Land College and a history professor working for over $78,000 per year
Irina, an alumnus at Lake Land College and a history professor in Torrance, California wants a personal loan to purchase a new cell phone. Irina has instead chosen to obtain an installment loan for $17,000 and is at present seeking lenders like Capital Bank to process their request.
Paraphrased and Standardized Quote from Irina for this personal loan of $16000, provided by Marina Federal Savings and Loan Association
Hello, I am Irina and I am from Torrance in California. Los Angeles, county is where I grew up, and now I need a personal loan in California for $16000 to buy a big ticket item. It wasn’t easy, but Marina Federal Savings and Loan Association really came through for me with this loan for 6.7% interest APR and a term of 1 years. I can probably repay the loan over the 1 year term, including interest. A big thanks to Marina Federal Savings and Loan Association for trusting me and my terrible credit. It look me 8 years to create my credit to 323, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.
Irina’s Transunion score was changed by the personal loan loan, changing to 311 from 323, which is normal in our experience.
Contact Details for Marina Federal Savings and Loan Association, the provider of this personal loan
- Marina Federal Savings and Loan Association
- City: Torrance
- State: California
- Address: 22200 Hawthorne Blvd
- County: Los Angeles
- Zip code: 90505
Conclusion of Irina’s personal loan
In the end, Irina was able to find a personal loan for $16000 with an interest rate of 5.5% interest APR from Marina Federal Savings and Loan Association in Torrance, California repayable over 1 years from today.