$58000 Direct Loan – Bexar County Texas, Credit Score Of 537
- Experian: 551 – They had a fair Experian score
- Transunion: 519 – Grover had a fair credit score with Transunion.
- Equifax: Grover’s Experian score was 537, which is a fair credit score on the Experian scale.
Contact Details for Fair Oaks National Bank, the provider of this direct loan
- Fair Oaks National Bank
- City: Bexar County
- State: Texas
- Address: 9090 Fair Oaks Parkway
- County: Bexar
- Zip code: 78006
Signature Loan easily acquired in Bexar County, Texas for $58000 with fair credit by Grover
Many clients have difficulty with finding signature loans in Bexar County, Texas, and Grover is no different. Grover went to 5 lenders or more prior to finding Fair Oaks National Bank, who offered Grover a signature loan for $58000. Most signature loans simply require a client, like Grover’s signature to obtain them, up to $39,000 in some cases. Grover was able to get $58000 as a direct loan, which is very high for a direct loan. Since signature loans don’t need collateral, they tend to require better credit, as high as 741
Grover has a low current yearly income, but has several of prospects
Grover has always wanted to be a warehouse stock clerk, but would need attend Utica College again to achieve it. Grover has other prospects as well, including hotel manager, radio & tv program director, and copy writer, which pay $51,000 through to $91,000 per year, on average. For this reason, we think that Grover can afford this direct loan of $58000.
When Grover was 19, they tried to obtain a student loan from 6 alternate lenders, which harmed their credit score. Below is a list of Grover’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on April 13, 2013
- Attempt 2) Loan for $30,000.00 on January 9, 2013
- Attempt 3) Loan for $22,000.00 on April 29, 2009
- Attempt 4) Loan for $30,000.00 on September 3, 2011
- Attempt 5) Loan for $26,000.00 on July 10, 2012
- Attempt 6) Loan for $33,000.00 on March 30, 2013
Grover was declined by The Huntsville National Bank 6 times prior to being accepted by Fair Oaks National Bank at 9090 Fair Oaks Parkway
On June 19, 2011, Grover applied about borrowing $22,000 from First City Bank of Richardson with Jackie, their in law from just outside Bexar County, and even with the co-signer, Grover was rejected for this direct loan. With fair credit, it can be challenging to procure funding, even with collateral and a co-signer.
Fast Loans for Grover in Bexar County, Texas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Bexar County, Texas aren’t actually that difficult to obtain, particularly if you have some gumption like Grover. Grover was able to find a fast loan for $58000 from Vista Bank and Farmers State Bank of Madisonville, Texas, but declined both offers in favor of their direct loan from Fair Oaks National Bank. 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 5 weeks for installment loans. A big difference in the case that a client is in a pinch.
Personal Loan for a fire protection engineering technician named Grover in Bexar County, Texas to Pay Off First State Bank Purchase Perks Visa Platinum
Grover had a tonne of credit card debt on their Shell Platinum MasterCard and their Indiana University Alumni Association Rewards American Express Card, and they were starting to get in over their heads. Despite Grover’s job as a fire protection engineering technician, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Installment loan for Grover, a graduate of Utica College and a fire protection engineering technician working for over $66,000 per year
Grover, an alumnus at Utica College and a fire protection engineering technician in Bexar County, Texas needs a direct loan to purchase a new cell phone. Grover has instead chosen to obtain an installment loan for $19,000 and is currently seeking lenders like First State Bank of Mathis to provide it.
- Full name (Changed if requested): Grover Kringas
- Current Credit: loans.hit.utils.Fico@1f17ae12
- Current City: Bexar County
- State: Texas
- Zip code: 78014
- Yearly income: $34,000
- Current Job: fire protection engineering technician
- Current County: Bexar
- Goal Yearly Income: $134,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Before applying for this direct loan, Grover had an Experian score of 551, which is fair, so Fair Oaks National Bank probably cannot provide Grover a direct loan
Grover’s Transunion score was altered by the direct loan loan, changing to 519 from 537, which is normal in our experience.
Grover’s Overall FICO score at the time of acceptance for a direct loan, taking into account their fire protection engineering technician job and their future career as a warehouse stock clerk
Paraphrased and Standardized Quote from Grover for this direct loan of $58000, provided by Fair Oaks National Bank
Hi, I am Grover and I am from Bexar County in Texas. Bexar, county is where I grew up, and now I need a direct loan in Texas for $58000 to buy a big ticket item. It wasn’t easy, but Fair Oaks National Bank really came through for me with this loan for 7.4% 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 Fair Oaks National Bank for trusting me and my fair credit. It look me 5 years to create my credit to 537, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.
Previous requests on Grover’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $46400.00 | 5 | 8.7% | $956.45 | Comerica Bank | December 19, 2008 |
| $45700.00 | 5 | 11.8% | $1011.96 | First Star Bank, S.S.B. | September 9, 2010 |
| $46140.00 | 10 | 11.3% | $643.44 | Brownfield State Bank & Trust Co. | June 5, 2012 |
| $46260.00 | 3 | 7.6% | $1441.1 | First Bank & Trust, Bryan, Texas | July 22, 2013 |
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $28,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Grover required a debt consolidation loan to pay for their existing direct loan and their credit card. Grover was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which converts your dirty, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 2.6%.
9 Months in the Past, Grover Tried to Find a High Risk Loan for $24,000.00, and it was Easy
It is an well known struggle for borrowers to get high risk loans in a non-harmful manner. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Grover. Grover decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit applicants. Clients with credit ratings as low as 302 can inquire for a high risk loan and may be be approved.
Many other requests for credit have been made by Grover in the past, including one from Flagship First National Bank of Titusville in Bexar County, Texas before Grover was approved for the $58000 by Fair Oaks National Bank
Grover made 7 previous attempts to obtain a direct loan, 2 of which were with Flagship First National Bank of Titusville, a lending institution in Bexar County, Texas known to specialize in direct loans specifically. Before finding Fair Oaks National Bank, Grover was very concerned due to their inexperience and fair credit score.
Conclusion of Grover’s direct loan
In the end, Grover was able to find a direct loan for $58000 with an interest rate of 11.0% interest APR from Fair Oaks National Bank in Bexar County, Texas repayable over 1 years from today.
