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Zenaida Needed A High Risk Loan For $68000, Woodland Park, Colorado

$68000 High Risk Loan – Woodland Park Colorado, Credit Rating Of 474

  • Experian: 492 – This client had a bad Experian rating
  • Transunion: 455 – Zenaida had a bad credit rating with Transunion.
  • Equifax: Zenaida’s Experian score was 474, which is a bad credit rating on the Experian system.

Before applying for this high risk loan, Zenaida had an Experian score of 492, which is bad, so Park State Bank & Trust most likely cannot provide Zenaida a high risk loan

Experian Score: 492

Zenaida’s Transunion score was altered by the high risk loan loan, changing to 455 from 474, which is normal in our experience.

Transunion Score: 455

Client Profile: Zenaida Carraway of Woodland Park, Colorado
  • Full name (Changed if requested): Zenaida Carraway
  • Current Credit: loans.hit.utils.Fico@7e6cbb7a
  • Current City: Woodland Park
  • State: Colorado
  • Zip code: 80866
  • Yearly income: $52,000
  • Current Job: aircraft mechanic
  • Current County: Teller
  • Goal Yearly Income: $107,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000

Previous requests on Zenaida’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$134490.00 4 6.6% $3195.63 Affiliated National Bank – Delta April 11, 2011
$134330.00 7 9.7% $2209.27 Central Bank, National Association October 1, 2012
$133730.00 6 11.2% $2559.15 The Colorado Bank and Trust Company of La Junta February 19, 2015
$134370.00 8 6.3% $1785.51 Colorado State Bank and Trust, N. A. March 30, 2015

Signature Loan easily acquired in Woodland Park, Colorado for $68000 with bad credit by Zenaida

A lot of borrowers struggle with finding signature loans in Woodland Park, Colorado, and Zenaida is no different. Zenaida went to 4 lending institutions or more prior to finding Park State Bank & Trust, who offered Zenaida a signature loan for $68000. Most signature loans simply require a client, like Zenaida’s signature to obtain them, up to $44,000 in some cases. Zenaida was able to get $68000 as a high risk loan, which is very high for a high risk loan. Because signature loans do not need collateral, these loans generally require higher credit, as high as 747

Installment loan for Zenaida, a graduate of Hiram College and an aircraft mechanic working for over $75,000 per year

Zenaida, an alumnus at Hiram College and an aircraft mechanic in Woodland Park, Colorado needs a high risk loan to purchase a car. Zenaida has instead decided to get an installment loan for $9,000 and is currently seeking lenders like Central Bank, National Association to provide it.

Fast Loans for Zenaida in Woodland Park, Colorado to prevent bankruptcy or harm from debt collectors.

Fast loans in Woodland Park, Colorado aren’t actually that difficult to obtain, especially if you have some gumption like Zenaida. Zenaida was able to find a fast loan for $68000 from The First National Bank of Canon City, Colorado and Norwest Bank Colorado Springs, National Association, but turned down both offers in favor of their high risk loan from Park State Bank & Trust. The difference with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big difference if you are in a pinch.

Multiple past requests for credit have been made by Zenaida in the past, including one from Camden County Bank in Woodland Park, Colorado before Zenaida was approved for the $68000 by Park State Bank & Trust

Zenaida made 4 previous attempts to obtain a high risk loan, 2 of which were with Camden County Bank, a bank in Woodland Park, Colorado known to specialize in high risk loans specifically. Prior to finding Park State Bank & Trust, Zenaida was desperate due to their inexperience and bad credit score.

Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Most debt consolidation loans vary from $21,000.00 to $57,000.00. They are mainly used to pay off existing high interest loans like credit cards. Zenaida required a debt consolidation loan to pay for their existing high risk loan and their payday loan. Zenaida was able to find a high risk loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.4%.

8 Months Ago, Zenaida Tried Finding a High Risk Loan for $38,000.00, but They Didn’t Find What They were Expecting

There is an well known struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Zenaida. Zenaida chose not to obtain a high risk loan this time. High Risk loans are given to bad credit applicants. Borrowers with credit scores as low as 462 can inquire for a high risk loan and possibly can be accepted.

Zenaida’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their aircraft mechanic job and their future career as a retail inventory control analyst

Fico Score: 474

Contact Details for Park State Bank & Trust, the provider of this high risk loan

  • Park State Bank & Trust
  • City: Woodland Park
  • State: Colorado
  • Address: 710 W Hwy 24
  • County: Teller
  • Zip code: 80863

Paraphrased and Standardized Quote from Zenaida for this high risk loan of $68000, provided by Park State Bank & Trust

Hi, I am Zenaida and my hometown is Woodland Park in Colorado. Teller, county is where I grew up, and now I need a high risk loan in Colorado for $68000 to buy a car. It has been difficult, but Park State Bank & Trust really came through for me with this loan for 11.2% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Park State Bank & Trust for giving me a chance and my bad credit. It look me 7 years to build my credit to 474, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.

When Zenaida was 19, they attempted to obtain a student loan from 4 different banks, which harmed their credit rating. Below is a chronology of Zenaida’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $21,000.00 on December 18, 2013
  • Attempt 2) Loan for $36,000.00 on August 14, 2010
  • Attempt 3) Loan for $37,000.00 on December 1, 2012
  • Attempt 4) Loan for $30,000.00 on April 6, 2011

Personal Loan for an aircraft mechanic named Zenaida in Woodland Park, Colorado to Pay Off The Swedish-American Chambers of Commerce, Inc. Visa Platinum Rewards Card

Zenaida had a tonne of credit card debt on their Marshalls Credit Card and their DISTANCIA Visa Signature Card, and they were starting to get in over their heads. Despite Zenaida’s job as an aircraft mechanic, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Zenaida has a disappointing current total income, but has several of prospects

Zenaida has always wanted to be a retail inventory control analyst, but would need attend Hiram College again to become one. Zenaida has other prospects as well, including library assistant, sales representative, and law professor, which pay $51,000 through to $91,000 per year, at least. For this reason, we believe that Zenaida can pay for this high risk loan of $68000.

Zenaida was not approved by The Citizens State Bank of Ouray 6 times prior to being approved by Park State Bank & Trust at 710 W Hwy 24

On May 25, 2013, Zenaida inquired about borrowing $39,000 from Western Community Bank with Dusty, their friend from just outside Woodland Park, and even with the co-signer, Zenaida was rejected for this high risk loan. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.

Conclusion of Zenaida’s high risk loan

In the end, Zenaida was able to find a high risk loan for $68000 with an interest rate of 6.3% interest APR from Park State Bank & Trust in Woodland Park, Colorado repayable over 19 years from today.

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.

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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.