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High Risk Loan For $51000 Near 79252, Texas With A Credit Score Of 712

$51000 High Risk Loan – Quanah Texas, Credit Rating Of 712

  • Experian: 722 – This individual had a good Experian rating
  • Transunion: 698 – Jenine had a good credit rating with Transunion.
  • Equifax: Jenine’s Experian score was 712, which is a good credit rating with the Experian scale.

Jenine’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their biology professor job and their future career as a construction trades supervisor

Fico Score: 712

Client Profile: Jenine Farrel of Quanah, Texas
  • Full name (Changed if requested): Jenine Farrel
  • Current Credit: loans.hit.utils.Fico@20ad9418
  • Current City: Quanah
  • State: Texas
  • Zip code: 79255
  • Yearly income: $64,000
  • Current Job: biology professor
  • Current County: Hardeman
  • Goal Yearly Income: $127,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans range from $35,000.00 to $45,000.00. They are typically used to pay off existing high interest loans like credit cards. Jenine required a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Jenine was able to find a high risk loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your less desirable, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.4%.

Paraphrased and Standardized Quote from Jenine for this high risk loan of $51000, provided by First Capital Bank

Hello, I am Jenine and my hometown is Quanah in Texas. Hardeman, county is where I grew up, and now I need a high risk loan in Texas for $51000 to avoid bankruptcy. It wasn’t easy, but First Capital Bank really came through for me with this loan for 6.1% interest APR and a term of 6 years. I will repay the loan over the 6 year term, including interest. A big thanks to First Capital Bank for trusting me and my good credit. It look me 7 years to create my credit to 712, and I won’t harm it any more. I am pleased with Find Texas Loans for helping me this far.

Jenine was declined by First Community Bank San Antonio, National Association 4 times prior to being accepted by First Capital Bank at Third And Mercer Streets

On June 30, 2012, Jenine applied about borrowing $28,000 from Farmers State Bank of Madisonville, Texas with Elnora, their friend from just outside Quanah, and even with the co-signer, Jenine was rejected for this high risk loan. With good credit, it can be very hard to obtain funding, even with collateral and a co-signer.

Before applying for this high risk loan, Jenine had an Experian score of 722, which is good, so First Capital Bank probably cannot provide Jenine a high risk loan

Experian Score: 722

When Jenine was 18, they attempted to obtain a student loan from 7 different lenders, which damaged their credit score. Below is a list of Jenine’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $25,000.00 on February 4, 2013
  • Attempt 2) Loan for $25,000.00 on August 30, 2009
  • Attempt 3) Loan for $38,000.00 on May 10, 2010
  • Attempt 4) Loan for $33,000.00 on August 6, 2011
  • Attempt 5) Loan for $25,000.00 on July 10, 2010
  • Attempt 6) Loan for $37,000.00 on November 26, 2008
  • Attempt 7) Loan for $20,000.00 on April 4, 2009

8 Months in the Past, Jenine Tried Finding a High Risk Loan for $38,000.00, and it was Hard

There is an ongoing struggle for clients to find high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Jenine. Jenine chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Clients with credit scores as low as 519 can apply for a high risk loan and may be be approved.

Installment loan for Jenine, a graduate of Touch of Class School of Cosmetology #2 and a biology professor working for over $65,000 per year

Jenine, an alumnus at Touch of Class School of Cosmetology #2 and a biology professor in Quanah, Texas wants a high risk loan to purchase a car. Jenine has instead decided to obtain an installment loan for $13,000 and is currently seeking lenders like First Bank & Trust of Clarendon to process their request.

Contact Details for First Capital Bank, the provider of this high risk loan

  • First Capital Bank
  • City: Quanah
  • State: Texas
  • Address: Third And Mercer Streets
  • County: Hardeman
  • Zip code: 79252

Personal Loan for a biology professor named Jenine in Quanah, Texas to Pay Off UBS Preferred Visa Signature Credit Card

Jenine had a lot of credit card debt on their Seacoast National Bank Credit Cards and their BrandsMart U.S.A. Credit Card, and they were starting to get in over their heads. Despite Jenine’s job as a biology professor, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Jenine’s Transunion score was changed by the high risk loan loan, changing to 698 from 712, which is normal in our experience.

Transunion Score: 698

Jenine has a disappointing current gross income, but has a high number of prospects

Jenine has always wanted to be a construction trades supervisor, but would need attend Touch of Class School of Cosmetology #2 again to become one. Jenine has other prospects as well, including sales promoter, insurance agent, and industrial relations specialist, which pay $56,000 through to $98,000 per year, on average. For this reason, we believe that Jenine can pay for this high risk loan of $51000.

Several past requests for credit have been made by Jenine in the past, including one from Everman National Bank of Fort Worth in Quanah, Texas before Jenine was accepted for the $51000 by First Capital Bank

Jenine made 7 previous tries to obtain a high risk loan, 2 of which were with Everman National Bank of Fort Worth, a lender in Quanah, Texas known to specialize in high risk loans specifically. Prior to finding First Capital Bank, Jenine was concerned due to their inexperience and good credit score.

Previous requests on Jenine’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$133750.00 8 10.1% $2036.63 Comerica Bank September 27, 2011
$134210.00 4 10.1% $3410.36 First Star Bank, S.S.B. December 15, 2011
$133720.00 3 8.8% $4239.82 Brownfield State Bank & Trust Co. August 9, 2013
$134400.00 7 11.3% $2322.51 First Bank & Trust, Bryan, Texas June 12, 2014
$133670.00 7 10.7% $2267.73 First Bank & Trust of Clarendon September 10, 2014

Fast Loans for Jenine in Quanah, Texas to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Quanah, Texas aren’t actually that difficult to obtain, especially if you have some finesse like Jenine. Jenine was able to find a fast loan for $51000 from First State Bank and First RepublicBank Clifton, but turned down both offers in favor of their high risk loan from First Capital Bank. The difference 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 personal loans. An improvement if a client is in a pinch.

Signature Loan easily acquired in Quanah, Texas for $51000 with good credit by Jenine

Many borrowers struggle with finding signature loans in Quanah, Texas, and Jenine is no exception. Jenine went to 4 lenders or more prior to settling on First Capital Bank, who offered Jenine a signature loan for $51000. Typical signature loans simply need a client, like Jenine’s signature to obtain them, up to $33,000 in some cases. Jenine was able to get $51000 as a high risk loan, which is very high for a high risk loan. Because signature loans don’t require a cosigner, these loans generally require better credit, as high as 757

Conclusion of Jenine’s high risk loan

In the end, Jenine was able to find a high risk loan for $51000 with an interest rate of 10.1% interest APR from First Capital Bank in Quanah, Texas repayable over 6 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.