$138000 Signature Loan – Mansfield Texas, Credit Rating Of 338
- Experian: 357 – The client had a terrible Experian score
- Transunion: 323 – Glynda had a terrible credit score with Transunion.
- Equifax: Glynda’s Experian score was 338, which is a terrible credit score with the Experian system.
Personal Loan for a pressing machine operator named Glynda in Mansfield, Texas to Pay Off Conestoga Bank Visa Signature Bonus Rewards PLUS Card
Glynda had a lot of credit card debt on their Fashion Bug Credit Card and their ABNB Federal Credit Union Visa Platinum Rate, and they were starting to get in over their heads. Despite Glynda’s job as a pressing machine operator, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Previous requests on Glynda’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $12420.00 | 9 | 10.7% | $179.6 | Comerica Bank | April 4, 2010 |
| $12180.00 | 9 | 6.6% | $149.87 | First Star Bank, S.S.B. | October 10, 2011 |
| $12170.00 | 10 | 11.4% | $170.41 | Brownfield State Bank & Trust Co. | August 25, 2013 |
| $11580.00 | 5 | 10.5% | $248.9 | First Bank & Trust, Bryan, Texas | June 26, 2014 |
| $11650.00 | 5 | 5.1% | $220.38 | First Bank & Trust of Clarendon | November 1, 2014 |
Installment loan for Glynda, a graduate of Concordia University Wisconsin and a pressing machine operator working for over $74,000 per year
Glynda, an alumnus at Concordia University Wisconsin and a pressing machine operator in Mansfield, Texas needs a signature loan to purchase something frivolous. Glynda has instead decided to obtain an installment loan for $20,000 and is currently seeking lenders like First City Bank of Richardson to provide it.
Several other requests for credit have been made by Glynda in the past, including one from Aledo State Bank in Mansfield, Texas before Glynda was approved for the $138000 by MBank Mansfield
Glynda made 5 previous attempts to obtain a signature loan, 2 of which were with Aledo State Bank, a bank in Mansfield, Texas known to specialize in signature loans specifically. Before finding MBank Mansfield, Glynda was desperate due to their inexperience and terrible credit score.
Glynda’s Transunion score was changed by the signature loan loan, changing to 323 from 338, which is typical in our experience.
Paraphrased and Standardized Quote from Glynda for this signature loan of $138000, provided by MBank Mansfield
Hi, I am Glynda and I am from Mansfield in Texas. Tarrant, county is where I grew up, and now I need a signature loan in Texas for $138000 to avoid bankruptcy. It has been difficult, but MBank Mansfield really came through for me with this loan for 9.8% interest APR and a term of 20 years. I can probably repay the loan over the 20 year term, including interest. A big thanks to MBank Mansfield for trusting me and my terrible credit. It look me 6 years to create my credit to 338, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
Glynda has a disappointing current total income, but has a high number of prospects
Glynda has always wanted to be a heating, but would need attend Concordia University Wisconsin again to achieve it. Glynda has other possibilities as well, including home entertainment system installer, patent lawyer, and aircraft body and bonded structure repairer, which pay $54,000 through to $109,000 per year, at least. For this reason, we think that Glynda can afford this signature loan of $138000.
Glynda’s Overall FICO score at the time of acceptance for a signature loan, taking into account their pressing machine operator job and their future career as a heating
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans range from $27,000.00 to $50,000.00. They are typically used to pay off existing high interest loans like credit cards. Glynda needed a debt consolidation loan to pay for their existing signature loan and their credit card. Glynda was able to find a signature loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which transfers your dirty, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 2.7%.
When Glynda was 20, they tried to obtain a student loan from 5 alternate lenders, which damaged their credit score. Below is a chronology of Glynda’s previous attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on September 7, 2010
- Attempt 2) Loan for $39,000.00 on May 18, 2012
- Attempt 3) Loan for $27,000.00 on November 6, 2010
- Attempt 4) Loan for $21,000.00 on June 13, 2013
- Attempt 5) Loan for $24,000.00 on January 7, 2010
- Full name (Changed if requested): Glynda Mcfeeters
- Current Credit: loans.hit.utils.Fico@12edcd21
- Current City: Mansfield
- State: Texas
- Zip code: 76066
- Yearly income: $59,000
- Current Job: pressing machine operator
- Current County: Tarrant
- Goal Yearly Income: $142,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Contact Details for MBank Mansfield, the provider of this signature loan
- MBank Mansfield
- City: Mansfield
- State: Texas
- Address: 106 South Main Street
- County: Tarrant
- Zip code: 76063
Before applying for this signature loan, Glynda had an Experian score of 357, which is terrible, so MBank Mansfield likely cannot provide Glynda a signature loan
8 Months in the Past, Glynda Tried Finding a High Risk Loan for $28,000.00, and it was Hard
It is an ongoing struggle for borrowers to find high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Glynda. Glynda chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit individuals. Borrowers with credit ratings as low as 360 can inquire for a high risk loan and have a chance to be accepted.
Signature Loan found in Mansfield, Texas for $138000 with terrible credit by Glynda
Most prospective borrowers have difficulty with obtaining signature loans in Mansfield, Texas, and Glynda is the same. Glynda went to 4 lending institutions or more prior to finding MBank Mansfield, who offered Glynda a signature loan for $138000. Most signature loans simply need a client, like Glynda’s signature to get them, up to $23,000 in some cases. Glynda was able to get $138000 as a signature loan, which is very high for a signature loan. Since signature loans don’t need a cosigner, they generally require higher credit, as high as 705
Fast Loans for Glynda in Mansfield, Texas to prevent bankruptcy or harm from debt collectors.
Fast loans in Mansfield, Texas aren’t actually that difficult to obtain, especially if you have some gumption like Glynda. Glynda was able to find a fast loan for $138000 from First Financial Bank and Guaranty Bank & Trust Company, but turned down both offers in favor of their signature loan from MBank Mansfield. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big improvement if a borrower is in a pinch.
Glynda was rejected by Silsbee State Bank 7 times before being accepted by MBank Mansfield at 106 South Main Street
On January 26, 2013, Glynda applied about borrowing $25,000 from The Roscoe State Bank with Bernie, their friend from just outside Mansfield, and even with the co-signer, Glynda was rejected for this signature loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Conclusion of Glynda’s signature loan
In the end, Glynda was able to find a signature loan for $138000 with an interest rate of 9.8% interest APR from MBank Mansfield in Mansfield, Texas repayable over 20 years from today.
