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High Risk Loan For $54000 Near 78629, Texas With A Credit Score Of 524

$54000 High Risk Loan – Gonzales Texas, Credit Rating Of 524

  • Experian: 542 – The client had a fair Experian rating
  • Transunion: 505 – Angel had a fair credit score with Transunion.
  • Equifax: Angel’s Experian score was 524, which is a fair credit score using the Experian scale.

Angel has a very low current yearly income, but has a large amount of prospects

Angel has always wanted to be a property assessor, but would have to attend Caribbean University – Bayamon again to achieve it. Angel has other prospects as well, including psychiatric technician, land surveyor, and civil engineer, which pay $50,000 through to $109,000 per year, on average. For this reason, we think that Angel can pay for this high risk loan of $54000.

9 Months in the Past, Angel Tried Finding a High Risk Loan for $38,000.00, and it was Hard

It is an ongoing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Angel. Angel decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Individuals with credit ratings as low as 529 can inquire for a high risk loan and may be be approved.

Signature Loan easily acquired in Gonzales, Texas for $54000 with fair credit by Angel

Many clients struggle with obtaining signature loans in Gonzales, Texas, and Angel is not an exception. Angel went to 6 lending institutions or more prior to finding Victoria Bank & Trust Company – Central, who offered Angel a signature loan for $54000. Typical signature loans simply require a client, like Angel’s signature to obtain them, up to $20,000 in some cases. Angel was able to get $54000 as a high risk loan, which is very high for a high risk loan. Since signature loans don’t require collateral, these loans tend to require improved credit, as high as 712

Before applying for this high risk loan, Angel had an Experian score of 542, which is fair, so Victoria Bank & Trust Company – Central probably can provide Angel a high risk loan

Experian Score: 542

Personal Loan for a surgical technician/technologist named Angel in Gonzales, Texas to Pay Off BankAmericard Cash Rewards for Students

Angel had a lot of credit card debt on their Glens Falls National Bank & Trust Maximum Rewards Visa Card and their Bangor Savings Bank Secured Visa Card, and they were starting to get in over their heads. Despite Angel’s job as a surgical technician/technologist, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Client Profile: Angel Provent of Gonzales, Texas
  • Full name (Changed if requested): Angel Provent
  • Current Credit: loans.hit.utils.Fico@1e80bfe8
  • Current City: Gonzales
  • State: Texas
  • Zip code: 78638
  • Yearly income: $65,000
  • Current Job: surgical technician/technologist
  • Current County: Gonzales
  • Goal Yearly Income: $146,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Multiple other requests for credit have been made by Angel in the past, including one from Harris Bank Hoffman-Schaumburg in Gonzales, Texas before Angel was approved for the $54000 by Victoria Bank & Trust Company – Central

Angel made 6 previous attempts to obtain a high risk loan, 2 of which were with Harris Bank Hoffman-Schaumburg, a lender in Gonzales, Texas known to specialize in high risk loans specifically. Before finding Victoria Bank & Trust Company – Central, Angel was desperate due to their inexperience and fair credit score.

When Angel was 20, they tried to obtain a student loan from 4 different lenders, which damaged their credit score. Below is a list of Angel’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $24,000.00 on April 2, 2012
  • Attempt 2) Loan for $36,000.00 on December 23, 2008
  • Attempt 3) Loan for $29,000.00 on July 8, 2009
  • Attempt 4) Loan for $37,000.00 on November 11, 2013

Angel was not approved by Vista Bank 7 times before being accepted by Victoria Bank & Trust Company – Central at 301 St. Joseph Street

On September 14, 2011, Angel inquired about borrowing $44,000 from The Roscoe State Bank with Earlene, their in law from just outside Gonzales, and even with the co-signer, Angel was rejected for this high risk loan. With fair credit, it can be challenging to obtain financing, even with collateral and a co-signer.

Contact Details for Victoria Bank & Trust Company – Central, the provider of this high risk loan

  • Victoria Bank & Trust Company – Central
  • City: Gonzales
  • State: Texas
  • Address: 301 St. Joseph Street
  • County: Gonzales
  • Zip code: 78629

Previous requests on Angel’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$91860.00 10 7.4% $1085.61 Comerica Bank August 1, 2012
$91650.00 9 8.2% $1202.69 First Star Bank, S.S.B. June 23, 2014
$91540.00 7 10.1% $1524.41 Brownfield State Bank & Trust Co. February 7, 2015
$92150.00 4 10.2% $2346.02 First Bank & Trust, Bryan, Texas March 21, 2015
$92290.00 4 11.8% $2421.3 First Bank & Trust of Clarendon July 8, 2015

Angel’s Transunion score was changed by the high risk loan loan, changing to 505 from 524, which is typical in our experience.

Transunion Score: 505

Angel’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their surgical technician/technologist job and their future job as a property assessor

Fico Score: 524

Fast Loans for Angel in Gonzales, Texas to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Gonzales, Texas aren’t actually that difficult to obtain, especially if you have some finesse like Angel. Angel was able to find a fast loan for $54000 from First Financial Bank and Eden State Bank, but declined both offers in favor of their high risk loan from Victoria Bank & Trust Company – Central. The improvement 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. An improvement in the case that a client is in a time sensitive situation.

Installment loan for Angel, a graduate of Caribbean University – Bayamon and a surgical technician/technologist working for over $61,000 per year

Angel, an alumnus at Caribbean University – Bayamon and a surgical technician/technologist in Gonzales, Texas needs a high risk loan to purchase something frivolous. Angel has instead decided to get an installment loan for $10,000 and is currently seeking lenders like Vista Bank to provide it.

Paraphrased and Standardized Quote from Angel for this high risk loan of $54000, provided by Victoria Bank & Trust Company – Central

Hi, I am Angel and I am from Gonzales in Texas. Gonzales, county is where I grew up, and now I need a high risk loan in Texas for $54000 to avoid bankruptcy. It wasn’t easy, but Victoria Bank & Trust Company – Central really came through for me with this loan for 11.8% interest APR and a term of 14 years. I can probably repay the loan over the 14 year term, including interest. A big thanks to Victoria Bank & Trust Company – Central for giving me a chance and my fair credit. It look me 9 years to create my credit to 524, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Most debt consolidation loans vary from $38,000.00 to $51,000.00. They are mainly used to pay off existing high interest loans like credit cards. Angel needed a debt consolidation loan to pay for their existing high risk loan and their payday loan. Angel was able to find a high risk loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.4%.

Conclusion of Angel’s high risk loan

In the end, Angel was able to find a high risk loan for $54000 with an interest rate of 8.4% interest APR from Victoria Bank & Trust Company – Central in Gonzales, Texas repayable over 14 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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