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Auto Loan Of $168000 For Bad Credit Florida Resident

$168000 Auto Loan – South Venice Florida, Credit Rating Of 492

  • Experian: 508 – They had a bad Experian score
  • Transunion: 480 – Ervin had a bad credit score with Transunion.
  • Equifax: Ervin’s Experian score was 492, which is a bad credit rating with the Experian scale.

Before applying for this auto loan, Ervin had an Experian score of 508, which is bad, so Landmark South County Bank most likely cannot provide Ervin an auto loan

Experian Score: 508

When Ervin was 20, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a chronology of Ervin’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $30,000.00 on January 9, 2012
  • Attempt 2) Loan for $33,000.00 on October 30, 2011
  • Attempt 3) Loan for $26,000.00 on October 14, 2011
  • Attempt 4) Loan for $22,000.00 on November 21, 2009
  • Attempt 5) Loan for $28,000.00 on March 15, 2012
  • Attempt 6) Loan for $39,000.00 on November 25, 2011

Ervin’s Overall FICO score at the time of acceptance for an auto loan, taking into account their animal control worker job and their future career as a travel writer

Fico Score: 492

Ervin’s Transunion score was altered by the auto loan loan, changing to 480 from 492, which is typical in our experience.

Transunion Score: 480

Personal Loan for an animal control worker named Ervin in South Venice, Florida to Pay Off Fifth Third Bank Cash Rewards MasterCard

Ervin had a lot of credit card debt on their Tompkins Trust Company Visa Business Card and their TD Payment Plus Visa Credit Card, and they were starting to get in over their heads. Despite Ervin’s job as an animal control worker, they struggled to make payments on the $26,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Ervin has a very low current gross income, but has a large amount of prospects

Ervin has always wanted to be a travel writer, but would need attend Southern Illinois University Carbondale again to become one. Ervin has other possibilities as well, including wildlife biologist, occupational therapy assistant, and marking clerk, which pay $57,000 through to $100,000 per year, at least. Because of this, we believe that Ervin can pay for this auto loan of $168000.

Client Profile: Ervin Didyk of South Venice, Florida
  • Full name (Changed if requested): Ervin Didyk
  • Current Credit: loans.hit.utils.Fico@49c2faae
  • Current City: South Venice
  • State: Florida
  • Zip code: 33601
  • Yearly income: $37,000
  • Current Job: animal control worker
  • Current County: Sarasota
  • Goal Yearly Income: $108,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000

7 Months Ago, Ervin Attempted Finding a High Risk Loan for $49,000.00, and it was Hard

It is an existing struggle for borrowers to get high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Ervin. Ervin decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit borrowers. Clients with credit scores as low as 490 can inquire for a high risk loan and possibly can be approved.

Contact Details for Landmark South County Bank, the provider of this auto loan

  • Landmark South County Bank
  • City: South Venice
  • State: Florida
  • Address: 2180 South Tamiami Trail
  • County: Sarasota
  • Zip code: 33595

Previous requests on Ervin’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$97870.00 11 9.6% $1203.27 NCNB National Bank of Florida November 2, 2010
$98220.00 3 7.4% $3050.74 Southeast Bank of Madison County, National Association September 21, 2012
$97860.00 8 8.2% $1393.38 Southeast Bank of Wildwood June 13, 2014
$98470.00 11 5.3% $986.05 Atlantic Bank of Jacksonville July 8, 2014

Debt Consolidation Can Help Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans vary from $37,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Ervin needed a debt consolidation loan to pay for their existing auto loan and their credit card. Ervin was able to find a auto loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.5%.

Signature Loan found in South Venice, Florida for $168000 with bad credit by Ervin

A lot of prospective borrowers struggle with finding signature loans in South Venice, Florida, and Ervin is not an exception. Ervin went to 7 lending institutions or more prior to finding Landmark South County Bank, who offered Ervin a signature loan for $168000. Typical signature loans simply need a client, like Ervin’s signature to obtain them, up to $22,000 in some cases. Ervin was able to get $168000 as a auto loan, which is very high for an auto loan. Since signature loans don’t require collateral, they tend to require improved credit, as high as 760

Ervin was declined by Sun Bank/South Central Florida, National Association 6 times before being accepted by Landmark South County Bank at 2180 South Tamiami Trail

On October 17, 2013, Ervin inquired about borrowing $8,000 from Caribank with Willena, their friend from just outside South Venice, and even with the co-signer, Ervin was rejected for this auto loan. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.

Installment loan for Ervin, a graduate of Southern Illinois University Carbondale and an animal control worker working for over $69,000 per year

Ervin, an alumnus at Southern Illinois University Carbondale and an animal control worker in South Venice, Florida wants an auto loan to purchase something frivolous. Ervin has instead decided to obtain an installment loan for $14,000 and is at present seeking lenders like Century Bank of Orange County to provide it.

Paraphrased and Standardized Quote from Ervin for this auto loan of $168000, provided by Landmark South County Bank

Hello, I am Ervin and I am from South Venice in Florida. Sarasota, county is where I grew up, and now I need a auto loan in Florida for $168000 to buy a car. It wasn’t easy, but Landmark South County Bank really came through for me with this loan for 8.4% interest APR and a term of 21 years. I will repay the loan over the 21 year term, including interest. A big thanks to Landmark South County Bank for giving me a chance and my bad credit. It look me 9 years to build my credit to 492, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.

Several other requests for credit have been made by Ervin in the past, including one from Prime Bank in South Venice, Florida before Ervin was accepted for the $168000 by Landmark South County Bank

Ervin made 6 previous attempts to obtain an auto loan, 2 of which were with Prime Bank, a bank in South Venice, Florida known to specialize in auto loans specifically. Before finding Landmark South County Bank, Ervin was very concerned due to their inexperience and bad credit rating.

Fast Loans for Ervin in South Venice, Florida to prevent bankruptcy or broken legs from debt collectors.

Fast loans in South Venice, Florida aren’t actually that difficult to obtain, especially if you have some gumption like Ervin. Ervin was able to find a fast loan for $168000 from SunTrust Bank, Northwest, Florida and Hialeah-Miami Springs First State Bank, but turned down both offers in favor of their auto loan from Landmark South County Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. An improvement if you are in a time sensitive situation.

Conclusion of Ervin’s auto loan

In the end, Ervin was able to find an auto loan for $168000 with an interest rate of 7.7% interest APR from Landmark South County Bank in South Venice, Florida repayable over 21 years from now.

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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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.