$28000 Direct Loan – Vivian South Dakota, Credit Rating Of 507
- Experian: 519 – This individual had a fair Experian score
- Transunion: 492 – Shantelle had a fair credit score with Transunion.
- Equifax: Shantelle’s Experian score was 507, which is a fair credit score with the Experian rating scheme.
8 Months Ago, Shantelle Attempted Finding a High Risk Loan for $22,000.00, and it was Hard
There is an existing struggle for borrowers to find high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Shantelle. Shantelle decided not to obtain a high risk loan this time. High Risk loans are given to terrible credit individuals. Clients with credit scores as low as 572 can apply for a high risk loan and may be be approved.
Contact Details for Vivian State Bank, the provider of this direct loan
- Vivian State Bank
- City: Vivian
- State: South Dakota
- Address: Main Street
- County: Lyman
- Zip code: 57576
Shantelle’s Transunion score was changed by the direct loan loan, changing to 492 from 507, which is normal in our experience.
- Full name (Changed if requested): Shantelle Glarson
- Current Credit: loans.hit.utils.Fico@6f539caf
- Current City: Vivian
- State: South Dakota
- Zip code: 57577
- Yearly income: $34,000
- Current Job: occupational analyst
- Current County: Lyman
- Goal Yearly Income: $92,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Previous requests on Shantelle’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$32560.00||9||8.6%||$434.08||The Peoples Bank||November 18, 2012|
|$33440.00||3||11.8%||$1107.49||First State Bank of Claremont||January 29, 2014|
|$32740.00||6||6.6%||$551.92||Security State Bank||April 7, 2015|
|$32720.00||4||7.5%||$791.13||First Western Bank||May 3, 2015|
|$32590.00||4||8.7%||$806.37||Western Dakota Bank||June 24, 2015|
Fast Loans for Shantelle in Vivian, South Dakota to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Vivian, South Dakota aren’t actually that difficult to obtain, especially if you have some finesse like Shantelle. Shantelle was able to find a fast loan for $28000 from Marshall County Bank and Commercial Trust and Savings Bank, but turned down both offers in favor of their direct loan from Vivian State Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement in the case that a client is on the go.
Paraphrased and Standardized Quote from Shantelle for this direct loan of $28000, provided by Vivian State Bank
Hello, I am Shantelle and I’m from Vivian in South Dakota. Lyman, county is where I grew up, and now I need a direct loan in South Dakota for $28000 to pay bills. It wasn’t easy, but Vivian State Bank really came through for me with this loan for 9.6% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Vivian State Bank for giving me a chance and my fair credit. It look me 5 years to create my credit to 507, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.
Personal Loan for an occupational analyst named Shantelle in Vivian, South Dakota to Pay Off PenFed Platinum Cash Rewards Visa Card
Shantelle had a tonne of credit card debt on their MCU Visa Platinum and their Conestoga Bank Visa Signature Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Shantelle’s job as an occupational analyst, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan found in Vivian, South Dakota for $28000 with fair credit by Shantelle
Many prospective borrowers have difficulty with finding signature loans in Vivian, South Dakota, and Shantelle is no different. Shantelle went to 5 lenders or more prior to finding Vivian State Bank, who offered Shantelle a signature loan for $28000. Most signature loans simply need a client, like Shantelle’s signature to obtain them, up to $41,000 in some cases. Shantelle was able to get $28000 as a direct loan, which is very high for a direct loan. Because signature loans don’t require collateral, these loans generally need higher credit, as high as 727
Shantelle has a disappointing current yearly income, but has several of prospects
Shantelle has always wanted to be a hotel manager, but would have to attend University of Arkansas at Little Rock again to become one. Shantelle has other prospects as well, including anesthesiologist, sportswriter, and middle school administrator, which pay $51,000 through to $106,000 per year, on average. For this reason, we think that Shantelle can afford this direct loan of $28000.
Shantelle’s Overall FICO score at the time of acceptance for a direct loan, taking into account their occupational analyst job and their future job as a hotel manager
Installment loan for Shantelle, a graduate of University of Arkansas at Little Rock and an occupational analyst working for over $79,000 per year
Shantelle, an alumnus at University of Arkansas at Little Rock and an occupational analyst in Vivian, South Dakota needs a direct loan to purchase something frivolous. Shantelle has instead decided to get an installment loan for $17,000 and is currently seeking lenders like BankStar Financial to process their request.
Before applying for this direct loan, Shantelle had an Experian score of 519, which is fair, so Vivian State Bank probably cannot provide Shantelle a direct loan
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $35,000.00 to $51,000.00. They are typically used to pay off existing high interest loans like credit cards. Shantelle needed a debt consolidation loan to pay for their existing direct loan and their credit card. Shantelle was able to find a direct 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 lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.4%.
When Shantelle was 24, they tried to obtain a student loan from 4 different banks, which damaged their credit rating. Below is a list of Shantelle’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on March 23, 2009
- Attempt 2) Loan for $32,000.00 on September 10, 2009
- Attempt 3) Loan for $35,000.00 on June 25, 2010
- Attempt 4) Loan for $25,000.00 on January 5, 2013
Several previous requests for credit have been made by Shantelle in the past, including one from The Citizens & Merchants Bank in Vivian, South Dakota before Shantelle was approved for the $28000 by Vivian State Bank
Shantelle made 8 previous tries to obtain a direct loan, 2 of which were with The Citizens & Merchants Bank, a lending institution in Vivian, South Dakota known to specialize in direct loans specifically. Before finding Vivian State Bank, Shantelle was concerned due to their inexperience and fair credit score.
Shantelle was declined by First State Bank 5 times prior to being accepted by Vivian State Bank at Main Street
On June 11, 2010, Shantelle inquired about borrowing $30,000 from Parker State Bank with Lara, their friend from just outside Vivian, and even with the co-signer, Shantelle was rejected for this direct loan. With fair credit, it can be challenging to obtain financing, even with collateral and a co-signer.
Conclusion of Shantelle’s direct loan
In the end, Shantelle was able to find a direct loan for $28000 with an interest rate of 7.5% interest APR from Vivian State Bank in Vivian, South Dakota repayable over 19 years from today.