$68000 Mortgage – Harcourt Iowa, Credit Score Of 483
- Experian: 493 – The client had a bad Experian rating
- Transunion: 470 – Richelle had a bad credit score with Transunion.
- Equifax: Richelle’s Experian score was 483, which is a bad credit rating using the Experian rating scheme.
Multiple previous requests for credit have been made by Richelle in the past, including one from The Farmers and Merchants Bank in Harcourt, Iowa before Richelle was approved for the $68000 by Harcourt Savings Bank
Richelle made 6 prior attempts to obtain a mortgage, 2 of which were with The Farmers and Merchants Bank, a lending institution in Harcourt, Iowa known to specialize in mortgages specifically. Before finding Harcourt Savings Bank, Richelle was very concerned due to their inexperience and bad credit score.
Richelle has a low current total income, but has a high number of prospects
Richelle has always wanted to be a security guard, but would need attend Oklahoma State University – Oklahoma City again to become one. Richelle has other prospects as well, including file clerk, telecommunications technician, and financial planner, which pay $52,000 through to $102,000 per year, on average. Because of this, we think that Richelle can afford this mortgage of $68000.
- Full name (Changed if requested): Richelle Bischke
- Current Credit: loans.hit.utils.Fico@4dcbadb4
- Current City: Harcourt
- State: Iowa
- Zip code: 50553
- Yearly income: $67,000
- Current Job: tool & machine designer
- Current County: Webster
- Goal Yearly Income: $119,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Paraphrased and Standardized Quote from Richelle for this mortgage of $68000, provided by Harcourt Savings Bank
Hello, I am Richelle and my hometown is Harcourt in Iowa. Webster, county is where I grew up, and now I need a mortgage in Iowa for $68000 to pay bills. It has been difficult, but Harcourt Savings Bank really came through for me with this loan for 5.6% interest APR and a term of 10 years. I can probably repay the loan over the 10 year term, including interest. A big thanks to Harcourt Savings Bank for giving me a chance and my bad credit. It look me 6 years to create my credit to 483, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.
Signature Loan found in Harcourt, Iowa for $68000 with bad credit by Richelle
Many clients have difficulty with obtaining signature loans in Harcourt, Iowa, and Richelle is not an exception. Richelle went to 7 lenders or more before settling on Harcourt Savings Bank, who offered Richelle a signature loan for $68000. Most signature loans simply require a client, like Richelle’s signature to obtain them, up to $40,000 in some cases. Richelle was able to get $68000 as a mortgage, which is very high for a mortgage. Because signature loans don’t need collateral, these loans generally require better credit, as high as 764
Richelle was not approved by Peoples Bank and Trust Company 5 times before being granted funding by Harcourt Savings Bank at Main Street
On November 19, 2009, Richelle applied about borrowing $36,000 from American Interstate Bank with Wendolyn, their in law from just outside Harcourt, and even with the co-signer, Richelle was rejected for this mortgage. With bad credit, it can be very hard to obtain financing, even with collateral and a co-signer.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $22,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Richelle required a debt consolidation loan to pay for their existing mortgage and their credit card. Richelle was able to find a mortgage in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your less desirable, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.7%.
When Richelle was 18, they tried to obtain a student loan from 4 different lenders, which damaged their credit score. Below is a list of Richelle’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on March 21, 2011
- Attempt 2) Loan for $39,000.00 on April 15, 2014
- Attempt 3) Loan for $38,000.00 on September 5, 2010
- Attempt 4) Loan for $28,000.00 on January 17, 2010
Before applying for this mortgage, Richelle had an Experian score of 493, which is bad, so Harcourt Savings Bank most likely cannot provide Richelle a mortgage
Richelle’s Transunion score was changed by the mortgage loan, changing to 470 from 483, which is typical in our experience.
Personal Loan for a tool & machine designer named Richelle in Harcourt, Iowa to Pay Off Walmart Credit Card
Richelle had a lot of credit card debt on their Fred Meyer Rewards Visa Card and their Amphibian Ark Visa Platinum Rewards Card, and they were starting to get in over their heads. Despite Richelle’s job as a tool & machine designer, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Richelle’s Overall FICO score at the time of acceptance for a mortgage, taking into account their tool & machine designer job and their future career as a security guard
Contact Details for Harcourt Savings Bank, the provider of this mortgage
- Harcourt Savings Bank
- City: Harcourt
- State: Iowa
- Address: Main Street
- County: Webster
- Zip code: 50544
Fast Loans for Richelle in Harcourt, Iowa to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Harcourt, Iowa aren’t actually that difficult to obtain, especially if you have some gumption like Richelle. Richelle was able to find a fast loan for $68000 from Postville State Bank and Buffalo Savings Bank, but declined both offers in favor of their mortgage from Harcourt Savings Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. Much better in the case that a borrower is in a time sensitive situation.
Installment loan for Richelle, a graduate of Oklahoma State University – Oklahoma City and a tool & machine designer working for over $76,000 per year
Richelle, an alumnus at Oklahoma State University – Oklahoma City and a tool & machine designer in Harcourt, Iowa wants a mortgage to purchase something frivolous. Richelle has instead chosen to obtain an installment loan for $9,000 and is currently seeking lenders like Peoples Savings Bank to provide it.
Previous requests on Richelle’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$96220.00||7||10.4%||$1617.32||Mills County Bank National Association||August 19, 2010|
|$96340.00||9||8.1%||$1259.22||Postville State Bank||October 9, 2012|
|$96490.00||11||11.5%||$1291.37||Washington State Bank||November 29, 2013|
|$96150.00||7||11.6%||$1676.81||Rippey Savings Bank||June 17, 2014|
|$96110.00||10||5.1%||$1024.1||Iowa State Bank||January 23, 2015|
7 Months Ago, Richelle Tried to Find a High Risk Loan for $40,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for borrowers to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Richelle. Richelle chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit clients. Borrowers with credit ratings as low as 515 can apply for a high risk loan and may be be approved.
Conclusion of Richelle’s mortgage
In the end, Richelle was able to find a mortgage for $68000 with an interest rate of 11.2% interest APR from Harcourt Savings Bank in Harcourt, Iowa repayable over 10 years from today.