$10000 High Risk Loan – Tallahassee Florida, Credit Score Of 439
- Experian: 454 – They had a bad Experian score
- Transunion: 421 – Leoma had a bad credit rating with Transunion.
- Equifax: Leoma’s Experian score was 439, which is a bad credit score using the Experian system.
Previous requests on Leoma’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$139310.00||7||7.3%||$2123.05||NCNB National Bank of Florida||November 19, 2011|
|$139370.00||7||9.4%||$2270.73||Southeast Bank of Madison County, National Association||September 26, 2013|
|$139290.00||9||6.4%||$1699.97||Southeast Bank of Wildwood||January 12, 2014|
|$138510.00||10||10.3%||$1853.51||Atlantic Bank of Jacksonville||May 24, 2015|
Contact Details for Southeast Bank of Tallahassee, the provider of this high risk loan
- Southeast Bank of Tallahassee
- City: Tallahassee
- State: Florida
- Address: 101 N. Monroe Street
- County: Leon
- Zip code: 32301
Installment loan for Leoma, a graduate of Red River Technology Center and an industrial hygienist working for over $65,000 per year
Leoma, an alumnus at Red River Technology Center and an industrial hygienist in Tallahassee, Florida wants a high risk loan to purchase something frivolous. Leoma has instead decided to obtain an installment loan for $29,000 and is currently seeking lenders like SunTrust Bank, Tampa Bay to provide it.
7 Months Ago, Leoma Attempted Finding a High Risk Loan for $29,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for clients to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Leoma. Leoma decided not to get a high risk loan this time. High Risk loans are given to bad credit individuals. Borrowers with credit ratings as low as 497 can apply for a high risk loan and possibly can be accepted.
When Leoma was 23, they attempted to obtain a student loan from 6 alternate banks, which damaged their credit score. Below is a list of Leoma’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on December 31, 2009
- Attempt 2) Loan for $36,000.00 on April 18, 2012
- Attempt 3) Loan for $37,000.00 on August 5, 2009
- Attempt 4) Loan for $22,000.00 on August 26, 2011
- Attempt 5) Loan for $25,000.00 on December 2, 2012
- Attempt 6) Loan for $32,000.00 on March 8, 2009
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $28,000.00 to $41,000.00. They are normally used to pay off existing high interest loans like credit cards. Leoma required a debt consolidation loan to pay for their existing high risk loan and their credit card. Leoma 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 2.2%.
Before applying for this high risk loan, Leoma had an Experian score of 454, which is bad, so Southeast Bank of Tallahassee most likely cannot provide Leoma a high risk loan
Signature Loan easily acquired in Tallahassee, Florida for $10000 with bad credit by Leoma
Most prospective borrowers struggle with obtaining signature loans in Tallahassee, Florida, and Leoma is no different. Leoma went to 6 lending institutions or more before settling on Southeast Bank of Tallahassee, who offered Leoma a signature loan for $10000. Typical signature loans simply need a client, like Leoma’s signature to obtain them, up to $26,000 in some cases. Leoma was able to get $10000 as a high risk loan, which is very high for a high risk loan. Because signature loans don’t need a cosigner, they generally need higher credit, as high as 794
Personal Loan for an industrial hygienist named Leoma in Tallahassee, Florida to Pay Off Atlanta Postal Credit Union Visa Platinum Card
Leoma had a lot of credit card debt on their Precious Moments Platinum Plus MasterCard with WorldPoints Rewards and their CoreFirst Bank & Trust Platinum Visa, and they were starting to get in over their heads. Despite Leoma’s job as an industrial hygienist, they struggled to make payments on the $26,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Leoma has a low current yearly income, but has a large amount of prospects
Leoma has always wanted to be a fund raiser, but would need attend Red River Technology Center again to achieve it. Leoma has other prospects as well, including landscape contractor, computer and information systems manager, and art, which pay $53,000 through to $109,000 per year, at least. For this reason, we think that Leoma can afford this high risk loan of $10000.
Paraphrased and Standardized Quote from Leoma for this high risk loan of $10000, provided by Southeast Bank of Tallahassee
Hello, I am Leoma and my hometown is Tallahassee in Florida. Leon, county is where I grew up, and now I need a high risk loan in Florida for $10000 to renovate my home. It has been difficult, but Southeast Bank of Tallahassee really came through for me with this loan for 10.0% interest APR and a term of 21 years. I can repay the loan over the 21 year term, including interest. A big thanks to Southeast Bank of Tallahassee for giving me a chance and my bad credit. It look me 4 years to build my credit to 439, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.
Leoma’s Transunion score was changed by the high risk loan loan, changing to 421 from 439, which is normal in our experience.
Fast Loans for Leoma in Tallahassee, Florida to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Tallahassee, Florida aren’t actually that difficult to obtain, particularly if you have some finesse like Leoma. Leoma was able to find a fast loan for $10000 from Southeast National Bank of Bradenton and Sun Bank of Osceola County, but turned down both offers in favor of their high risk loan from Southeast Bank of Tallahassee. The difference 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 debt consolidation loans. An improvement in the case that a client is in a time sensitive situation.
- Full name (Changed if requested): Leoma Maddocks
- Current Credit: loans.hit.utils.Fico@6433a2
- Current City: Tallahassee
- State: Florida
- Zip code: 32309
- Yearly income: $41,000
- Current Job: industrial hygienist
- Current County: Leon
- Goal Yearly Income: $112,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Multiple past requests for credit have been made by Leoma in the past, including one from Central Bank & Trust in Tallahassee, Florida before Leoma was approved for the $10000 by Southeast Bank of Tallahassee
Leoma made 8 previous attempts to obtain a high risk loan, 2 of which were with Central Bank & Trust, a bank in Tallahassee, Florida known to specialize in high risk loans specifically. Before finding Southeast Bank of Tallahassee, Leoma was concerned due to their inexperience and bad credit score.
Leoma was rejected by SunTrust Bank, Tampa Bay 4 times before being accepted by Southeast Bank of Tallahassee at 101 N. Monroe Street
On August 18, 2010, Leoma applied about borrowing $1,000 from Citizens Bank of Marianna with Laura, their in law from just outside Tallahassee, and even with the co-signer, Leoma was rejected for this high risk loan. With bad credit, it can be difficult to procure financing, even with collateral and a co-signer.
Leoma’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their industrial hygienist job and their future career as a fund raiser
Conclusion of Leoma’s high risk loan
In the end, Leoma was able to find a high risk loan for $10000 with an interest rate of 9.5% interest APR from Southeast Bank of Tallahassee in Tallahassee, Florida repayable over 21 years from today.