$78000 High Risk Loan – Vero Beach Florida, Credit Rating Of 479
- Experian: 491 – They had a bad Experian rating
- Transunion: 461 – Hipolito had a bad credit score with Transunion.
- Equifax: Hipolito’s Experian score was 479, which is a bad credit score using the Experian system.
Paraphrased and Standardized Quote from Hipolito for this high risk loan of $78000, provided by Marine Bank & Trust Company
Hi, I am Hipolito and I am from Vero Beach in Florida. Indian River, county is where I grew up, and now I need a high risk loan in Florida for $78000 to avoid bankruptcy. It wasn’t easy, but Marine Bank & Trust Company really came through for me with this loan for 5.4% interest APR and a term of 13 years. I will repay the loan over the 13 year term, including interest. A big thanks to Marine Bank & Trust Company for giving me a chance and my bad credit. It look me 8 years to build my credit to 479, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.
Hipolito’s Transunion score was changed by the high risk loan loan, changing to 461 from 479, which is typical in our experience.
Personal Loan for a motion picture projectionist named Hipolito in Vero Beach, Florida to Pay Off Facecard Prepaid Teen MasterCard
Hipolito had a lot of credit card debt on their Alabama Central Credit Union MasterCard and their FirstMerit Bank MasterCard, and they were starting to get in over their heads. Despite Hipolito’s job as a motion picture projectionist, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Hipolito was declined by Southeast Bank of Madison County, National Association 6 times prior to being granted funding by Marine Bank & Trust Company at 571 Beachland Boulevard
On August 28, 2010, Hipolito applied about borrowing $38,000 from Sun Bank and Trust Company with Idell, their in law from just outside Vero Beach, and even with the co-signer, Hipolito was rejected for this high risk loan. With bad credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Installment loan for Hipolito, a graduate of Kiamichi Technology Center – Idabel and a motion picture projectionist working for over $72,000 per year
Hipolito, an alumnus at Kiamichi Technology Center – Idabel and a motion picture projectionist in Vero Beach, Florida needs a high risk loan to purchase a house. Hipolito has instead decided to get an installment loan for $20,000 and is currently seeking lenders like Southeast National Bank of Bradenton to process their request.
When Hipolito was 23, they tried to obtain a student loan from 6 different lenders, which harmed their credit score. Below is a chronology of Hipolito’s previous attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on November 18, 2011
- Attempt 2) Loan for $21,000.00 on August 29, 2011
- Attempt 3) Loan for $23,000.00 on October 29, 2013
- Attempt 4) Loan for $21,000.00 on December 23, 2012
- Attempt 5) Loan for $29,000.00 on May 23, 2012
- Attempt 6) Loan for $25,000.00 on May 1, 2010
Fast Loans for Hipolito in Vero Beach, Florida to prevent bankruptcy or harm from debt collectors.
Fast loans in Vero Beach, Florida aren’t actually that difficult to obtain, especially if you have some finesse like Hipolito. Hipolito was able to find a fast loan for $78000 from Seacoast National Bank and Caribank, but turned down both offers in favor of their high risk loan from Marine Bank & Trust Company. 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 installment loans. An improvement in the case that a client is in a time sensitive situation.
Multiple previous requests for credit have been made by Hipolito in the past, including one from First RepublicBank Barton Creek, National Association in Vero Beach, Florida before Hipolito was approved for the $78000 by Marine Bank & Trust Company
Hipolito made 7 prior attempts to obtain a high risk loan, 2 of which were with First RepublicBank Barton Creek, National Association, a lending institution in Vero Beach, Florida known to specialize in high risk loans specifically. Before finding Marine Bank & Trust Company, Hipolito was concerned due to their inexperience and bad credit rating.
Previous requests on Hipolito’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$135420.00||8||6.6%||$1819.44||NCNB National Bank of Florida||April 25, 2009|
|$134760.00||8||7.7%||$1884.57||Southeast Bank of Madison County, National Association||September 19, 2011|
|$135330.00||6||11.1%||$2582.82||Southeast Bank of Wildwood||December 23, 2011|
|$135190.00||8||9.7%||$2030.0||Atlantic Bank of Jacksonville||December 17, 2012|
|$135490.00||6||7.7%||$2355.78||Century National Bank of Broward||February 25, 2013|
6 Months in the Past, Hipolito Attempted Finding a High Risk Loan for $25,000.00, and it was Easy
There is an well known struggle for clients to get high risk loans in a safe manner. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Hipolito. Hipolito decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit applicants. Borrowers with credit ratings as low as 594 can apply for a high risk loan and may be be approved.
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $36,000.00 to $56,000.00. They are normally used to pay off existing high interest loans like credit cards. Hipolito needed a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Hipolito was able to find a high risk loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.5%.
- Full name (Changed if requested): Hipolito Krug
- Current Credit: loans.hit.utils.Fico@2957fcb0
- Current City: Vero Beach
- State: Florida
- Zip code: 32967
- Yearly income: $30,000
- Current Job: motion picture projectionist
- Current County: Indian River
- Goal Yearly Income: $147,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Hipolito’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their motion picture projectionist job and their future career as an industrial relations analyst
Hipolito has a sad current total income, but has several of prospects
Hipolito has always wanted to be an industrial relations analyst, but would need attend Kiamichi Technology Center – Idabel again to achieve it. Hipolito has other prospects as well, including probate lawyer, food preparation worker, and armored assault vehicle crew member, which pay $56,000 through to $104,000 per year, on average. For this reason, we believe that Hipolito can pay for this high risk loan of $78000.
Before applying for this high risk loan, Hipolito had an Experian score of 491, which is bad, so Marine Bank & Trust Company likely cannot provide Hipolito a high risk loan
Signature Loan found in Vero Beach, Florida for $78000 with bad credit by Hipolito
Most clients have difficulty with obtaining signature loans in Vero Beach, Florida, and Hipolito is no different. Hipolito went to 4 lenders or more prior to finding Marine Bank & Trust Company, who offered Hipolito a signature loan for $78000. Most signature loans simply require a client, like Hipolito’s signature to obtain them, up to $30,000 in some cases. Hipolito was able to get $78000 as a high risk loan, which is very high for a high risk loan. Since signature loans do not need a cosigner, they generally require higher credit, as high as 727
Contact Details for Marine Bank & Trust Company, the provider of this high risk loan
- Marine Bank & Trust Company
- City: Vero Beach
- State: Florida
- Address: 571 Beachland Boulevard
- County: Indian River
- Zip code: 32963
Conclusion of Hipolito’s high risk loan
In the end, Hipolito was able to find a high risk loan for $78000 with an interest rate of 5.5% interest APR from Marine Bank & Trust Company in Vero Beach, Florida repayable over 13 years from now.