$38000 High Risk Loan – Yonkers New York, Credit Rating Of 461
- Experian: 480 – This client had a bad Experian score
- Transunion: 446 – Cassy had a bad credit score with Transunion.
- Equifax: Cassy’s Experian score was 461, which is a bad credit score with the Experian scale.
Previous requests on Cassy’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$29220.00||6||9.2%||$529.61||Bankers Trust Company of Albany, National Association||August 15, 2010|
|$28700.00||3||8.4%||$904.66||Montgomery County Trust Company||February 17, 2012|
|$29380.00||3||6.2%||$896.46||Bank of Avoca||October 14, 2012|
|$28580.00||3||10.3%||$926.23||The State Bank of Belmont||February 5, 2014|
Personal Loan for a storage and distribution manager named Cassy in Yonkers, New York to Pay Off St Louis Cardinals BankAmericard Cash Rewards MasterCard
Cassy had a lot of credit card debt on their Talbots Classic Awards Platinum Credit Card and their Citgo Business Fleet Credit Card, and they were starting to get in over their heads. Despite Cassy’s job as a storage and distribution manager, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Fast Loans for Cassy in Yonkers, New York to prevent bankruptcy or harm from debt collectors.
Fast loans in Yonkers, New York aren’t actually that difficult to obtain, particularly if you have some finesse like Cassy. Cassy was able to find a fast loan for $38000 from Lewis County Trust Company and The Merchants Bank of New York, but declined both offers in favor of their high risk loan from First National Bank in Yonkers. 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 installment loans. An improvement if a borrower is in a time sensitive situation.
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $32,000.00 to $57,000.00. They are typically used to pay off existing high interest loans like credit cards. Cassy required a debt consolidation loan to pay for their existing high risk loan and their credit card. Cassy was able to find a high risk loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 4.0%.
Cassy was rejected by Marine Midland Bank – New York 4 times before being accepted by First National Bank in Yonkers at 20 South Broadway
On February 13, 2012, Cassy applied about borrowing $17,000 from Manufacturers Hanover Trust Company with Andy, their in law from just outside Yonkers, and even with the co-signer, Cassy was rejected for this high risk loan. With bad credit, it can be challenging to obtain financing, even with collateral and a co-signer.
Cassy has a disappointing current yearly income, but has a large amount of prospects
Cassy has always wanted to be a library assistant, but would need attend Le Cordon Bleu College of Culinary Arts – Austin again to achieve it. Cassy has other prospects as well, including casting director, civil engineer, and marine and aquatic biologist, which pay $58,000 through to $92,000 per year, on average. Because of this, we think that Cassy can pay for this high risk loan of $38000.
When Cassy was 18, they attempted to obtain a student loan from 5 alternate banks, which damaged their credit score. Below is a chronology of Cassy’s previous attempts at finding a student loan:
- Attempt 1) Loan for $29,000.00 on August 2, 2013
- Attempt 2) Loan for $37,000.00 on October 31, 2010
- Attempt 3) Loan for $23,000.00 on September 15, 2009
- Attempt 4) Loan for $25,000.00 on December 4, 2011
- Attempt 5) Loan for $30,000.00 on April 5, 2012
Installment loan for Cassy, a graduate of Le Cordon Bleu College of Culinary Arts – Austin and a storage and distribution manager working for over $60,000 per year
Cassy, an alumnus at Le Cordon Bleu College of Culinary Arts – Austin and a storage and distribution manager in Yonkers, New York needs a high risk loan to purchase a new cell phone. Cassy has instead decided to obtain an installment loan for $18,000 and is currently seeking lenders like Fleet Bank of New York, National Association to provide it.
Paraphrased and Standardized Quote from Cassy for this high risk loan of $38000, provided by First National Bank in Yonkers
Hi, I am Cassy and I am from Yonkers in New York. Westchester, county is where I grew up, and now I need a high risk loan in New York for $38000 to buy a big ticket item. It wasn’t easy, but First National Bank in Yonkers really came through for me with this loan for 10.4% interest APR and a term of 24 years. I can repay the loan over the 24 year term, including interest. A big thanks to First National Bank in Yonkers for giving me a chance and my bad credit. It look me 6 years to build my credit to 461, and I won’t tarnish it any more. I’m happy with Find Texas Loans for assisting me this far.
Signature Loan easily acquired in Yonkers, New York for $38000 with bad credit by Cassy
Many clients struggle with finding signature loans in Yonkers, New York, and Cassy is the same. Cassy went to 7 lenders or more prior to settling on First National Bank in Yonkers, who offered Cassy a signature loan for $38000. Typical signature loans simply need a client, like Cassy’s signature to obtain them, up to $30,000 in some cases. Cassy was able to get $38000 as a high risk loan, which is very high for a high risk loan. Since signature loans don’t require collateral, these loans generally require higher credit, as high as 753
Many other requests for credit have been made by Cassy in the past, including one from Resource Bank in Yonkers, New York before Cassy was approved for the $38000 by First National Bank in Yonkers
Cassy made 5 previous attempts to obtain a high risk loan, 2 of which were with Resource Bank, a lending institution in Yonkers, New York known to specialize in high risk loans specifically. Before finding First National Bank in Yonkers, Cassy was concerned due to their inexperience and bad credit rating.
- Full name (Changed if requested): Cassy Spruiell
- Current Credit: loans.hit.utils.Fico@52cc8049
- Current City: Yonkers
- State: New York
- Zip code: 10711
- Yearly income: $32,000
- Current Job: storage and distribution manager
- Current County: Westchester
- Goal Yearly Income: $146,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
8 Months in the Past, Cassy Attempted Finding a High Risk Loan for $44,000.00, and it was Easy
There is an existing struggle for borrowers to get high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Cassy. Cassy chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Individuals with credit scores as low as 408 can inquire for a high risk loan and may be be approved.
Before applying for this high risk loan, Cassy had an Experian score of 480, which is bad, so First National Bank in Yonkers probably can provide Cassy a high risk loan
Cassy’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their storage and distribution manager job and their future career as a library assistant
Contact Details for First National Bank in Yonkers, the provider of this high risk loan
- First National Bank in Yonkers
- City: Yonkers
- State: New York
- Address: 20 South Broadway
- County: Westchester
- Zip code: 10702
Cassy’s Transunion score was altered by the high risk loan loan, changing to 446 from 461, which is typical in our experience.
Conclusion of Cassy’s high risk loan
In the end, Cassy was able to find a high risk loan for $38000 with an interest rate of 9.2% interest APR from First National Bank in Yonkers in Yonkers, New York repayable over 24 years from today.