$27000 Secured Loan – Spearville Kansas, Credit Score Of 447
- Experian: 463 – This client had a bad Experian score
- Transunion: 430 – Araceli had a bad credit score with Transunion.
- Equifax: Araceli’s Experian score was 447, which is a bad credit rating on the Experian system.
Personal Loan for a radio & tv station administrator named Araceli in Spearville, Kansas to Pay Off Scotiabank Personal Credit Cards Scotiabank Business Credit CardsSears Card
Araceli had a tonne of credit card debt on their QuikTrip Credit Cards and their West Marine Platinum MasterCard, and they were starting to get in over their heads. Despite Araceli’s job as a radio & tv station administrator, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Araceli has a low current total income, but has several of prospects
Araceli has always wanted to be a parking enforcement officer, but would have to attend Saint Mary’s University of Minnesota again to become one. Araceli has other prospects as well, including educational psychologist, radio & tv talk show host, and correction officer, which pay $50,000 through to $105,000 per year, at least. Because of this, we think that Araceli can pay for this secured loan of $27000.
7 Months Ago, Araceli Attempted Finding a High Risk Loan for $39,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for clients to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Araceli. Araceli decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit individuals. Individuals with credit ratings as low as 560 can apply for a high risk loan and may be be accepted.
Installment loan for Araceli, a graduate of Saint Mary’s University of Minnesota and a radio & tv station administrator working for over $62,000 per year
Araceli, an alumnus at Saint Mary’s University of Minnesota and a radio & tv station administrator in Spearville, Kansas needs a secured loan to purchase a car. Araceli has instead chosen to obtain an installment loan for $12,000 and is at present seeking lenders like The Citizens State Bank, Liberal, Kansas to provide it.
- Full name (Changed if requested): Araceli Lariccia
- Current Credit: loans.hit.utils.Fico@470e2030
- Current City: Spearville
- State: Kansas
- Zip code: 67883
- Yearly income: $55,000
- Current Job: radio & tv station administrator
- Current County: Ford
- Goal Yearly Income: $147,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Signature Loan found in Spearville, Kansas for $27000 with bad credit by Araceli
Many borrowers struggle with finding signature loans in Spearville, Kansas, and Araceli is not an exception. Araceli went to 8 lending institutions or more before settling on The First National Bank of Spearville, who offered Araceli a signature loan for $27000. Typical signature loans simply require a client, like Araceli’s signature to get them, up to $37,000 in some cases. Araceli was able to get $27000 as a secured loan, which is very high for a secured loan. Since signature loans do not need a cosigner, they tend to need improved credit, as high as 794
Araceli’s Transunion score was altered by the secured loan loan, changing to 430 from 447, which is normal in our experience.
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $20,000.00 to $45,000.00. They are mainly used to pay off existing high interest loans like credit cards. Araceli required a debt consolidation loan to pay for their existing secured loan and their payday loan. Araceli was able to find a secured loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your dirty, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 4.6%.
Araceli was not approved by The State Bank 5 times prior to being granted funding by The First National Bank of Spearville at 401 North Main St
On November 12, 2011, Araceli applied about borrowing $16,000 from The State Bank with Malinda, their in law from just outside Spearville, and even with the co-signer, Araceli was rejected for this secured loan. With bad credit, it can be very hard to procure funding, even with collateral and a co-signer.
Multiple previous requests for credit have been made by Araceli in the past, including one from Marathon Savings Bank in Spearville, Kansas before Araceli was approved for the $27000 by The First National Bank of Spearville
Araceli made 7 prior attempts to obtain a secured loan, 2 of which were with Marathon Savings Bank, a lender in Spearville, Kansas known to specialize in secured loans specifically. Before finding The First National Bank of Spearville, Araceli was desperate due to their inexperience and bad credit score.
Before applying for this secured loan, Araceli had an Experian score of 463, which is bad, so The First National Bank of Spearville probably cannot provide Araceli a secured loan
Paraphrased and Standardized Quote from Araceli for this secured loan of $27000, provided by The First National Bank of Spearville
Hello, I am Araceli and my hometown is Spearville in Kansas. Ford, county is where I grew up, and now I need a secured loan in Kansas for $27000 to avoid bankruptcy. It has been difficult, but The First National Bank of Spearville really came through for me with this loan for 7.2% interest APR and a term of 16 years. I will repay the loan over the 16 year term, including interest. A big thanks to The First National Bank of Spearville for trusting me and my bad credit. It look me 9 years to build my credit to 447, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.
Contact Details for The First National Bank of Spearville, the provider of this secured loan
- The First National Bank of Spearville
- City: Spearville
- State: Kansas
- Address: 401 North Main St
- County: Ford
- Zip code: 67876
Previous requests on Araceli’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$95460.00||8||9.3%||$1413.41||Citizens Bank and Trust Company||January 27, 2010|
|$94850.00||10||8.4%||$1170.94||The Morrill and Janes Bank and Trust Company||May 28, 2010|
|$95210.00||3||10.6%||$3099.05||The Citizens State Bank, Liberal, Kansas||September 6, 2010|
|$95420.00||5||7.2%||$1898.45||Citizens State Bank||November 11, 2012|
|$95170.00||4||11.7%||$2492.2||The Peoples Bank||October 22, 2013|
Fast Loans for Araceli in Spearville, Kansas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Spearville, Kansas aren’t actually that difficult to obtain, particularly if you have some gumption like Araceli. Araceli was able to find a fast loan for $27000 from The Home State Bank of Kansas City, Kansas and The Farmers State Bank of Oakley, Kansas, but turned down both offers in favor of their secured loan from The First National Bank of Spearville. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. An improvement if a client is in a pinch.
When Araceli was 18, they tried to obtain a student loan from 4 different lenders, which harmed their credit score. Below is a chronology of Araceli’s prior attempts at finding a student loan:
- Attempt 1) Loan for $27,000.00 on January 27, 2012
- Attempt 2) Loan for $22,000.00 on January 1, 2011
- Attempt 3) Loan for $32,000.00 on November 6, 2008
- Attempt 4) Loan for $28,000.00 on January 12, 2013
Araceli’s Overall FICO score at the time of acceptance for a secured loan, taking into account their radio & tv station administrator job and their future career as a parking enforcement officer
Conclusion of Araceli’s secured loan
In the end, Araceli was able to find a secured loan for $27000 with an interest rate of 11.6% interest APR from The First National Bank of Spearville in Spearville, Kansas repayable over 16 years from now.