$24000 High Risk Loan – San Francisco California, Credit Score Of 786
- Experian: 799 – This individual had an excellent Experian score
- Transunion: 770 – Novella had an excellent credit rating with Transunion.
- Equifax: Novella’s Experian score was 786, which is an excellent credit score on the Experian rating scheme.
Before applying for this high risk loan, Novella had an Experian score of 799, which is excellent, so Bank of America California, National Association most likely cannot provide Novella a high risk loan
Several previous requests for credit have been made by Novella in the past, including one from The Woodhouse & Bartley Bank in San Francisco, California before Novella was approved for the $24000 by Bank of America California, National Association
Novella made 6 previous tries to obtain a high risk loan, 2 of which were with The Woodhouse & Bartley Bank, a lending institution in San Francisco, California known to specialize in high risk loans specifically. Prior to finding Bank of America California, National Association, Novella was very concerned due to their inexperience and excellent credit rating.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $22,000.00 to $53,000.00. They are normally used to pay off existing high interest loans like credit cards. Novella required a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Novella 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 dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 3.7%.
When Novella was 20, they tried to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a list of Novella’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on March 9, 2011
- Attempt 2) Loan for $35,000.00 on March 19, 2011
- Attempt 3) Loan for $25,000.00 on March 20, 2012
- Attempt 4) Loan for $29,000.00 on July 16, 2011
- Attempt 5) Loan for $24,000.00 on December 10, 2010
Novella’s Transunion score was changed by the high risk loan loan, changing to 770 from 786, which is typical in our experience.
Previous requests on Novella’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$102530.00||4||7.2%||$2464.73||Santa Monica Bank||August 8, 2009|
|$103250.00||11||7.1%||$1129.2||Farmers and Merchants Bank of Long Beach||September 3, 2011|
|$103160.00||11||10.1%||$1297.39||First Interstate Bank of California||June 9, 2013|
|$102510.00||5||5.1%||$1939.19||Union Bank||September 20, 2014|
|$103220.00||10||11.1%||$1427.7||Citizens Commercial Trust and Savings Bank of Pasadena||February 14, 2015|
Novella has a sad current gross income, but has a large amount of prospects
Novella has always wanted to be a forging machine operator, but would have to attend Seton Hall University again to become one. Novella has other prospects as well, including radio & tv newscaster, town clerk, and foreign language teacher, which pay $58,000 through to $93,000 per year, on average. Because of this, we believe that Novella can afford this high risk loan of $24000.
Paraphrased and Standardized Quote from Novella for this high risk loan of $24000, provided by Bank of America California, National Association
Hello, I am Novella and my hometown is San Francisco in California. San Francisco, county is where I grew up, and now I need a high risk loan in California for $24000 to pay bills. It has been difficult, but Bank of America California, National Association really came through for me with this loan for 10.1% interest APR and a term of 3 years. I will repay the loan over the 3 year term, including interest. A big thanks to Bank of America California, National Association for trusting me and my excellent credit. It look me 8 years to build my credit to 786, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Installment loan for Novella, a graduate of Seton Hall University and a sales representative working for over $61,000 per year
Novella, an alumnus at Seton Hall University and a sales representative in San Francisco, California wants a high risk loan to purchase a house. Novella has instead decided to obtain an installment loan for $9,000 and is at present seeking lenders like Security Pacific National Bank to process their request.
Novella was not approved by Central Bank 4 times prior to being granted funding by Bank of America California, National Association at 555 California Street
On December 23, 2010, Novella applied about borrowing $16,000 from Santa Monica Bank with Arnette, their friend from just outside San Francisco, and even with the co-signer, Novella was rejected for this high risk loan. With excellent credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Fast Loans for Novella in San Francisco, California to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in San Francisco, California aren’t actually that difficult to obtain, particularly if you have some finesse like Novella. Novella was able to find a fast loan for $24000 from Union Bank and United States National Bank, but turned down both offers in favor of their high risk loan from Bank of America California, National Association. The improvement with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. A big difference if a client is on the go.
9 Months Ago, Novella Attempted to Find a High Risk Loan for $47,000.00, and it was Easy
It is an ongoing struggle for clients 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 frightening to borrowers like Novella. Novella decided not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Clients with credit scores as low as 517 can inquire for a high risk loan and possibly can be approved.
Personal Loan for a sales representative named Novella in San Francisco, California to Pay Off City National Bank Visa Platinum Card
Novella had a lot of credit card debt on their Associated Bank Visa College Rewards Card and their Office Depot Worklife Rewards Business Visa, and they were starting to get in over their heads. Despite Novella’s job as a sales representative, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
- Full name (Changed if requested): Novella Kusinski
- Current Credit: loans.hit.utils.Fico@7106e68e
- Current City: San Francisco
- State: California
- Zip code: 94106
- Yearly income: $47,000
- Current Job: sales representative
- Current County: San Francisco
- Goal Yearly Income: $87,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Contact Details for Bank of America California, National Association, the provider of this high risk loan
- Bank of America California, National Association
- City: San Francisco
- State: California
- Address: 555 California Street
- County: San Francisco
- Zip code: 94104
Signature Loan easily acquired in San Francisco, California for $24000 with excellent credit by Novella
A lot of prospective borrowers have difficulty with obtaining signature loans in San Francisco, California, and Novella is the same. Novella went to 7 lending institutions or more prior to finding Bank of America California, National Association, who offered Novella a signature loan for $24000. Most signature loans simply require a client, like Novella’s signature to get them, up to $31,000 in some cases. Novella was able to get $24000 as a high risk loan, which is very high for a high risk loan. Since signature loans don’t need a cosigner, these loans generally need improved credit, as high as 776
Novella’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their sales representative job and their future job as a forging machine operator
Conclusion of Novella’s high risk loan
In the end, Novella was able to find a high risk loan for $24000 with an interest rate of 6.0% interest APR from Bank of America California, National Association in San Francisco, California repayable over 3 years from now.