Do you have over $10,000 in Debt? Get Help now.

Low Rate High Risk Loan For Lili In Fort Lee, New Jersey

$84000 High Risk Loan – Fort Lee New Jersey, Credit Score Of 401

  • Experian: 414 – This client had a bad Experian score
  • Transunion: 384 – Lili had a bad credit rating with Transunion.
  • Equifax: Lili’s Experian score was 401, which is a bad credit rating with the Experian system.

7 Months Ago, Lili Tried to Find a High Risk Loan for $41,000.00, and it was Hard

There is an existing struggle for borrowers to get high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Lili. Lili decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit applicants. Clients with credit ratings as low as 496 can apply for a high risk loan and have a chance to be approved.

Lili’s Transunion score was changed by the high risk loan loan, changing to 384 from 401, which is normal in our experience.

Transunion Score: 384

Personal Loan for an explosives worker named Lili in Fort Lee, New Jersey to Pay Off New York Yankees World MasterCard with Extra Bases Rewards

Lili had a tonne of credit card debt on their Volvo Credit Cards and their ShopNBC Platinum Rewards MasterCard, and they were starting to get in over their heads. Despite Lili’s job as an explosives worker, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Paraphrased and Standardized Quote from Lili for this high risk loan of $84000, provided by Fort Lee Savings and Loan Association

Hello, I am Lili and I am from Fort Lee in New Jersey. Bergen, county is where I grew up, and now I need a high risk loan in New Jersey for $84000 to buy a car. It wasn’t easy, but Fort Lee Savings and Loan Association really came through for me with this loan for 9.6% interest APR and a term of 1 years. I can probably repay the loan over the 1 year term, including interest. A big thanks to Fort Lee Savings and Loan Association for giving me a chance and my bad credit. It look me 6 years to build my credit to 401, and I won’t harm it any future. I am pleased with Find Texas Loans for assisting me this far.

Fast Loans for Lili in Fort Lee, New Jersey to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Fort Lee, New Jersey aren’t actually that difficult to obtain, especially if you have some finesse like Lili. Lili was able to find a fast loan for $84000 from First Fidelity Bank, National Association, North Jersey and First Merchants National Bank, but turned down both offers in favor of their high risk loan from Fort Lee Savings and Loan Association. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. Much better if a client is in a pinch.

Client Profile: Lili Laisure of Fort Lee, New Jersey
  • Full name (Changed if requested): Lili Laisure
  • Current Credit: loans.hit.utils.Fico@6e2c634b
  • Current City: Fort Lee
  • State: New Jersey
  • Zip code: 7032
  • Yearly income: $47,000
  • Current Job: explosives worker
  • Current County: Bergen
  • Goal Yearly Income: $87,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000

Previous requests on Lili’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$21770.00 11 6.8% $234.67 The State Bank of North Jersey January 31, 2011
$21550.00 4 7.3% $519.05 Carteret Bank and Trust Company April 13, 2011
$22400.00 5 7.4% $447.79 United Jersey Bank/Northwest June 8, 2012
$21850.00 7 8.8% $349.33 People’s Trust Company November 28, 2012
$22460.00 11 7.4% $249.19 United Jersey Bank/Central April 28, 2014

Before applying for this high risk loan, Lili had an Experian score of 414, which is bad, so Fort Lee Savings and Loan Association likely cannot provide Lili a high risk loan

Experian Score: 414

Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks

Normal debt consolidation loans range from $35,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Lili needed a debt consolidation loan to pay for their existing high risk loan and their payday loan. Lili was able to find a high risk loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 2.8%.

Lili was rejected by Fidelity Union Bank 5 times before being accepted by Fort Lee Savings and Loan Association at 2011 Lemoine Ave

On August 9, 2011, Lili applied about borrowing $49,000 from United Trust Bank with Keith, their friend from just outside Fort Lee, and even with the co-signer, Lili was rejected for this high risk loan. With bad credit, it can be a challenge to obtain financing, even with collateral and a co-signer.

When Lili was 21, they attempted to obtain a student loan from 5 alternate banks, which damaged their credit rating. Below is a list of Lili’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $29,000.00 on October 26, 2010
  • Attempt 2) Loan for $23,000.00 on June 7, 2010
  • Attempt 3) Loan for $30,000.00 on July 25, 2011
  • Attempt 4) Loan for $31,000.00 on June 1, 2010
  • Attempt 5) Loan for $33,000.00 on July 23, 2009

Signature Loan found in Fort Lee, New Jersey for $84000 with bad credit by Lili

A lot of borrowers have difficulty with obtaining signature loans in Fort Lee, New Jersey, and Lili is not an exception. Lili went to 5 lenders or more before settling on Fort Lee Savings and Loan Association, who offered Lili a signature loan for $84000. Most signature loans simply need a client, like Lili’s signature to get them, up to $26,000 in some cases. Lili was able to get $84000 as a high risk loan, which is very high for a high risk loan. Since signature loans do not require a cosigner, these loans generally require improved credit, as high as 760

Contact Details for Fort Lee Savings and Loan Association, the provider of this high risk loan

  • Fort Lee Savings and Loan Association
  • City: Fort Lee
  • State: New Jersey
  • Address: 2011 Lemoine Ave
  • County: Bergen
  • Zip code: 7024

Multiple previous requests for credit have been made by Lili in the past, including one from Independent Bank East Michigan in Fort Lee, New Jersey before Lili was accepted for the $84000 by Fort Lee Savings and Loan Association

Lili made 5 previous tries to obtain a high risk loan, 2 of which were with Independent Bank East Michigan, a lender in Fort Lee, New Jersey known to specialize in high risk loans specifically. Prior to finding Fort Lee Savings and Loan Association, Lili was concerned due to their inexperience and bad credit rating.

Lili’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their explosives worker job and their future job as a criminal lawyer

Fico Score: 401

Lili has a sad current gross income, but has a high number of prospects

Lili has always wanted to be a criminal lawyer, but would need attend The Woodhouse School of Wellness again to achieve it. Lili has other prospects as well, including school nurse, brattice builder, and ophthalmologist, which pay $56,000 through to $97,000 per year, on average. Because of this, we believe that Lili can afford this high risk loan of $84000.

Installment loan for Lili, a graduate of The Woodhouse School of Wellness and an explosives worker working for over $64,000 per year

Lili, an alumnus at The Woodhouse School of Wellness and an explosives worker in Fort Lee, New Jersey needs a high risk loan to purchase a house. Lili has instead chosen to obtain an installment loan for $26,000 and is currently seeking lenders like Carteret Bank and Trust Company to process their request.

Conclusion of Lili’s high risk loan

In the end, Lili was able to find a high risk loan for $84000 with an interest rate of 8.0% interest APR from Fort Lee Savings and Loan Association in Fort Lee, New Jersey repayable over 1 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

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.