$74000 High Risk Loan – Peru Indiana, Credit Rating Of 315
- Experian: 326 – They had a terrible Experian rating
- Transunion: 302 – Venetta had a terrible credit score with Transunion.
- Equifax: Venetta’s Experian score was 315, which is a terrible credit rating using the Experian scale.
Venetta was not approved by Farmers State Bank 4 times before being approved by First Federal Savings and Loan Association of Peru at 2 North Broadway
On July 7, 2009, Venetta inquired about borrowing $4,000 from Farmers State Bank with Earlie, their in law from just outside Peru, and even with the co-signer, Venetta was rejected for this high risk loan. With terrible credit, it can be very hard to obtain financing, even with collateral and a co-signer.
Personal Loan for a plastic surgeon named Venetta in Peru, Indiana to Pay Off CareCredit Credit Card
Venetta had a lot of credit card debt on their Animal Friends Visa Platinum Rewards Card and their Nationwide Bank Visa Credit Card, and they were starting to get in over their heads. Despite Venetta’s job as a plastic surgeon, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $38,000.00 to $52,000.00. They are typically used to pay off existing high interest loans like credit cards. Venetta required a debt consolidation loan to pay for their existing high risk loan and their payday loan. Venetta was able to find a high risk loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 3.8%.
Paraphrased and Standardized Quote from Venetta for this high risk loan of $74000, provided by First Federal Savings and Loan Association of Peru
Hi, I am Venetta and I am from Peru in Indiana. Miami, county is where I grew up, and now I need a high risk loan in Indiana for $74000 to avoid bankruptcy. It wasn’t easy, but First Federal Savings and Loan Association of Peru really came through for me with this loan for 10.8% interest APR and a term of 2 years. I can repay the loan over the 2 year term, including interest. A big thanks to First Federal Savings and Loan Association of Peru for giving me a chance and my terrible credit. It look me 4 years to build my credit to 315, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
- Full name (Changed if requested): Venetta Racz
- Current Credit: loans.hit.utils.Fico@728938a9
- Current City: Peru
- State: Indiana
- Zip code: 46972
- Yearly income: $40,000
- Current Job: plastic surgeon
- Current County: Miami
- Goal Yearly Income: $91,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Signature Loan found in Peru, Indiana for $74000 with terrible credit by Venetta
Most clients have difficulty with obtaining signature loans in Peru, Indiana, and Venetta is not an exception. Venetta went to 8 lending institutions or more prior to settling on First Federal Savings and Loan Association of Peru, who offered Venetta a signature loan for $74000. Most signature loans simply need a client, like Venetta’s signature to get them, up to $47,000 in some cases. Venetta was able to get $74000 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 738
Venetta’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their plastic surgeon job and their future career as a lathe operator
Venetta has a disappointing current yearly income, but has several of prospects
Venetta has always wanted to be a lathe operator, but would need attend Bowling Green State University again to achieve it. Venetta has other possibilities as well, including private nurse, aircraft examiner, and cook, which pay $51,000 through to $108,000 per year, on average. For this reason, we think that Venetta can pay for this high risk loan of $74000.
Before applying for this high risk loan, Venetta had an Experian score of 326, which is terrible, so First Federal Savings and Loan Association of Peru likely cannot provide Venetta a high risk loan
Fast Loans for Venetta in Peru, Indiana to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Peru, Indiana aren’t actually that difficult to obtain, particularly if you have some gumption like Venetta. Venetta was able to find a fast loan for $74000 from Tri-County Bank & Trust Company and Alliance Bank, but turned down both offers in favor of their high risk loan from First Federal Savings and Loan Association of Peru. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference if you are in a pinch.
Previous requests on Venetta’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$144400.00||11||8.1%||$1656.18||The Citizens Exchange Bank||February 24, 2011|
|$144440.00||10||7.8%||$1737.23||Alliance Bank||May 5, 2012|
|$143870.00||7||6.6%||$2143.36||Farmers State Bank||February 7, 2013|
|$144470.00||5||5.3%||$2746.23||First United Bank, National Association||April 27, 2013|
Venetta’s Transunion score was altered by the high risk loan loan, changing to 302 from 315, which is typical in our experience.
Many past requests for credit have been made by Venetta in the past, including one from Independence Bank New Berlin in Peru, Indiana before Venetta was accepted for the $74000 by First Federal Savings and Loan Association of Peru
Venetta made 7 previous attempts to obtain a high risk loan, 2 of which were with Independence Bank New Berlin, a bank in Peru, Indiana known to specialize in high risk loans specifically. Before finding First Federal Savings and Loan Association of Peru, Venetta was concerned due to their inexperience and terrible credit rating.
Contact Details for First Federal Savings and Loan Association of Peru, the provider of this high risk loan
- First Federal Savings and Loan Association of Peru
- City: Peru
- State: Indiana
- Address: 2 North Broadway
- County: Miami
- Zip code: 46970
Installment loan for Venetta, a graduate of Bowling Green State University and a plastic surgeon working for over $72,000 per year
Venetta, an alumnus at Bowling Green State University and a plastic surgeon in Peru, Indiana needs a high risk loan to purchase something frivolous. Venetta has instead decided to obtain an installment loan for $11,000 and is at present seeking lenders like STAR, Financial Bank, Elwood to process their request.
When Venetta was 21, they tried to obtain a student loan from 4 different lenders, which damaged their credit rating. Below is a list of Venetta’s prior attempts at finding a student loan:
- Attempt 1) Loan for $23,000.00 on March 8, 2013
- Attempt 2) Loan for $27,000.00 on October 20, 2008
- Attempt 3) Loan for $37,000.00 on November 10, 2009
- Attempt 4) Loan for $28,000.00 on October 10, 2013
8 Months in the Past, Venetta Tried to Find a High Risk Loan for $39,000.00, and it was Easy
There is an ongoing struggle for clients to get high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Venetta. Venetta decided not to get a high risk loan this time. High Risk loans are given to bad credit clients. Clients with credit ratings as low as 417 can inquire for a high risk loan and have a chance to be accepted.
Conclusion of Venetta’s high risk loan
In the end, Venetta was able to find a high risk loan for $74000 with an interest rate of 11.6% interest APR from First Federal Savings and Loan Association of Peru in Peru, Indiana repayable over 2 years from now.