$88000 Student Loan – Cherokee Iowa, Credit Score Of 583
- Experian: 599 – This client had a fair Experian rating
- Transunion: 570 – Thi had a fair credit score with Transunion.
- Equifax: Thi’s Experian score was 583, which is a fair credit score on the Experian rating scheme.
Installment loan for Thi, a graduate of University of North Texas and a teacher of the blind working for over $75,000 per year
Thi, an alumnus at University of North Texas and a teacher of the blind in Cherokee, Iowa wants a student loan to purchase something frivolous. Thi has instead chosen to obtain an installment loan for $21,000 and is currently seeking lenders like Peoples Savings Bank to process their request.
Thi’s Transunion score was changed by the student loan loan, changing to 570 from 583, which is typical in our experience.
Fast Loans for Thi in Cherokee, Iowa to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Cherokee, Iowa aren’t actually that difficult to obtain, especially if you have some finesse like Thi. Thi was able to find a fast loan for $88000 from Raccoon Valley State Bank and Security State Bank, but turned down both offers in favor of their student loan from Valley Bank & Trust. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. An improvement if a client is on the go.
8 Months Ago, Thi Tried Finding a High Risk Loan for $47,000.00, and it was Hard
It is an well known struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Thi. Thi decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Clients with credit ratings as low as 307 can apply for a high risk loan and have a chance to be approved.
Many previous requests for credit have been made by Thi in the past, including one from Burnet Savings and Loan Association in Cherokee, Iowa before Thi was accepted for the $88000 by Valley Bank & Trust
Thi made 6 prior attempts to obtain a student loan, 2 of which were with Burnet Savings and Loan Association, a lending institution in Cherokee, Iowa known to specialize in student loans specifically. Before finding Valley Bank & Trust, Thi was concerned due to their inexperience and fair credit rating.
Before applying for this student loan, Thi had an Experian score of 599, which is fair, so Valley Bank & Trust most likely cannot provide Thi a student loan
Signature Loan acquired in Cherokee, Iowa for $88000 with fair credit by Thi
Many clients have difficulty with obtaining signature loans in Cherokee, Iowa, and Thi is no different. Thi went to 8 lenders or more prior to settling on Valley Bank & Trust, who offered Thi a signature loan for $88000. Typical signature loans simply need a client, like Thi’s signature to get them, up to $48,000 in some cases. Thi was able to get $88000 as a student loan, which is very high for a student loan. Since signature loans do not require collateral, these loans generally require better credit, as high as 740
Contact Details for Valley Bank & Trust, the provider of this student loan
- Valley Bank & Trust
- City: Cherokee
- State: Iowa
- Address: 200 South Second Street
- County: Cherokee
- Zip code: 51012
When Thi was 19, they attempted to obtain a student loan from 4 alternate lenders, which damaged their credit rating. Below is a list of Thi’s previous attempts at finding a student loan:
- Attempt 1) Loan for $25,000.00 on March 4, 2009
- Attempt 2) Loan for $28,000.00 on January 23, 2010
- Attempt 3) Loan for $26,000.00 on August 13, 2011
- Attempt 4) Loan for $38,000.00 on October 3, 2010
Previous requests on Thi’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$64390.00||10||6.6%||$734.42||Mills County Bank National Association||August 19, 2011|
|$63750.00||5||10.4%||$1367.08||Postville State Bank||December 22, 2012|
|$64430.00||5||11.5%||$1416.98||Washington State Bank||November 11, 2013|
|$63880.00||9||8.3%||$841.6||Rippey Savings Bank||February 7, 2014|
Personal Loan for a teacher of the blind named Thi in Cherokee, Iowa to Pay Off DCU Visa Platinum Credit Card
Thi had a lot of credit card debt on their Fidelity Retirement Rewards American Express and their The Mark Twain Museum Visa Card, and they were starting to get in over their heads. Despite Thi’s job as a teacher of the blind, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
- Full name (Changed if requested): Thi Dhein
- Current Credit: loans.hit.utils.Fico@3941a79c
- Current City: Cherokee
- State: Iowa
- Zip code: 51017
- Yearly income: $37,000
- Current Job: teacher of the blind
- Current County: Cherokee
- Goal Yearly Income: $135,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Thi was not approved by Commercial Savings Bank 5 times before being approved by Valley Bank & Trust at 200 South Second Street
On February 23, 2009, Thi applied about borrowing $20,000 from Security State Bank with Taryn, their in law from just outside Cherokee, and even with the co-signer, Thi was rejected for this student loan. With fair credit, it can be very hard to procure funding, even with collateral and a co-signer.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $38,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Thi needed a debt consolidation loan to pay for their existing student loan and their payday loan. Thi was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which converts your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.3%.
Thi has a very low current total income, but has a large amount of prospects
Thi has always wanted to be an occupational analyst, but would have to attend University of North Texas again to achieve it. Thi has other possibilities as well, including weather observer, mining engineer, and employment interviewer, which pay $54,000 through to $105,000 per year, at least. For this reason, we believe that Thi can pay for this student loan of $88000.
Thi’s Overall FICO score at the time of acceptance for a student loan, taking into account their teacher of the blind job and their future job as an occupational analyst
Paraphrased and Standardized Quote from Thi for this student loan of $88000, provided by Valley Bank & Trust
Hi, I am Thi and my hometown is Cherokee in Iowa. Cherokee, county is where I grew up, and now I need a student loan in Iowa for $88000 to renovate my home. It has been difficult, but Valley Bank & Trust really came through for me with this loan for 9.0% interest APR and a term of 11 years. I will repay the loan over the 11 year term, including interest. A big thanks to Valley Bank & Trust for trusting me and my fair credit. It look me 4 years to build my credit to 583, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for helping me this far.
Conclusion of Thi’s student loan
In the end, Thi was able to find a student loan for $88000 with an interest rate of 11.7% interest APR from Valley Bank & Trust in Cherokee, Iowa repayable over 11 years from now.