Hello -- I haven't been here in a while (job which requires extensive overtime and travel!), but I have a question - has anyone here ever attempted to get a personal loan from American General Finance (now known as AIG)? I live in Illinois, and I couldn't find any hits on whopulledmycredit.com for them in Illinois. As of now, my Ch7 is gone from the big 3 CRAs (haven't checked Innovis), and I have a Cap1 charge-off from 3/1999, a collection from 5/2003 and a 30 day late from Americredit from last month (unexpected increases in school fees for 3 children threw me off for a little while). Otherwise, my reports are clean. I think that AIG pulled my TU report, which only shows the charge-off and the 30-day late, because the rep only asked me about the 30-day late...she told me that someone would call me tomorrow with a response. Anyone - is that the 'kiss of death?' I'm trying to find a way to get pay off all my credit cards and get rid of all but one...if someone has any experience with these folks, please share. I'm not going to shop around for a loan. If they say no, I'll find some other way to pay off my CCs. Thanks, kjoe (My EFX FICO score was 666 before the CH7 dropped - I don't know what it is now).
I've been dealing with AGF since 2000. Back then, I had a bunch of collection accounts. In order for me to get a 5k loan, they put a lien on my car. If you can avoid AGF, please do LOL (they tempt you frequently with offers of "more cash for you" and "we can keep your payment the same". Avoid it - I was in a position where I had no choice to refinance, my beloved car needed major emissions work The interest rate is very, very high. However, if you DO get the loan from them try to make an extra principle payment everymonth! Check whopulledmycredit for a prime card that doesn't pull TU (I know Chase DOES pull TU) If you got a prime CC, the finance charge would be a lot lower just a thought! You can also check out Visa.com - you can put in a little info about your financial status and get an idea of what card might be right for you. Sorry I can't give you any other info -
Thanks for the warning! I have a specific set of limits beyond which I wouldn't accept a loan from them - if the interest rate is too high, or if they want to put a lien on something, then I don't believe the loan is worth the trouble. I'll figure something out.... kjoe
Here's the latest: I called AIG yesterday because they didn't call me back as promised (strike #1). They couldn't approve me for the amount I requested, which was $5K unsecured (strike #2). They approved me for $2K, at an interest rate "in the 20's" (strike #3). With an offer like that, I HAD to refuse! I am currently working with CitiFinancial. At this point they have offered me a home equity loan for $12K (I don't have much equity built up yet), to pay off CCs and my car, with cash back, at an interest rate of 12.9%. I am seriously considering this option because the interest rates I'm paying now for my CCs and my car are above 12.9%, and I feel the monthly payment amount that was quoted is something I can handle. I'll let you know what I decide...thanks for your input and suggestions!
Here's the latest: I called AIG yesterday because they didn't call me back as promised (strike #1). They couldn't approve me for the amount I requested, which was $5K unsecured (strike #2). They approved me for $2K, at an interest rate "in the 20's" (strike #3). With an offer like that, I HAD to refuse! I am currently working with CitiFinancial. At this point they have offered me a home equity loan for $12K (I don't have much equity built up yet), to pay off CCs and my car, with cash back, at an interest rate of 12.9%. I am seriously considering this option because the interest rates I'm paying now for my CCs and my car are above 12.9%, and I feel the monthly payment amount that was quoted is something I can handle. I'll let you know what I decide...thanks for your input and suggestions!
