$36000 No Collateral Loan – Little Rock Arkansas, Credit Score Of 469
- Experian: 485 – This client had a bad Experian score
- Transunion: 456 – Ashley had a bad credit score with Transunion.
- Equifax: Ashley’s Experian score was 469, which is a bad credit score with the Experian rating scheme.
Before applying for this no collateral loan, Ashley had an Experian score of 485, which is bad, so Commonwealth Federal Savings and Loan Association probably cannot provide Ashley a no collateral loan
Ashley’s Transunion score was changed by the no collateral loan loan, changing to 456 from 469, which is normal in our experience.
Many other requests for credit have been made by Ashley in the past, including one from Landmark Bank of North Tampa in Little Rock, Arkansas before Ashley was approved for the $36000 by Commonwealth Federal Savings and Loan Association
Ashley made 6 prior attempts to obtain a no collateral loan, 2 of which were with Landmark Bank of North Tampa, a bank in Little Rock, Arkansas known to specialize in no collateral loans specifically. Before finding Commonwealth Federal Savings and Loan Association, Ashley was concerned due to their inexperience and bad credit rating.
Ashley’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their cook job and their future career as a casino manager
6 Months in the Past, Ashley Attempted Finding a High Risk Loan for $34,000.00, and it was Hard
It is an existing struggle for borrowers 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 physically harmful to borrowers like Ashley. Ashley chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit clients. Individuals with credit ratings as low as 540 can apply for a high risk loan and possibly can be approved.
Ashley was not approved by Horatio State Bank 5 times prior to being approved by Commonwealth Federal Savings and Loan Association at 500 Broadway Place
On November 6, 2011, Ashley inquired about borrowing $38,000 from Peoples Bank and Loan Co. with Michel, their in law from just outside Little Rock, and even with the co-signer, Ashley was rejected for this no collateral loan. With bad credit, it can be difficult to procure financing, even with collateral and a co-signer.
Previous requests on Ashley’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$148290.00||10||10.2%||$1976.12||Bank of Weiner||August 9, 2011|
|$147790.00||9||10.2%||$2096.73||Horizon Bank||August 29, 2013|
|$148150.00||10||11.5%||$2082.92||Warren Bank and Trust Company||November 17, 2013|
|$148170.00||10||7.8%||$1782.09||Boatmen’s Bank of Northeast Arkansas||March 22, 2014|
|$147510.00||9||10.1%||$2084.74||The Security Bank||December 3, 2014|
Contact Details for Commonwealth Federal Savings and Loan Association, the provider of this no collateral loan
- Commonwealth Federal Savings and Loan Association
- City: Little Rock
- State: Arkansas
- Address: 500 Broadway Place
- County: Pulaski
- Zip code: 72203
Ashley has a very low current gross income, but has a large amount of prospects
Ashley has always wanted to be a casino manager, but would have to attend Total International Career Institute again to become one. Ashley has other possibilities as well, including aircraft mechanic, park naturalist, and sawing machine operator, which pay $52,000 through to $106,000 per year, on average. Because of this, we believe that Ashley can afford this no collateral loan of $36000.
- Full name (Changed if requested): Ashley Petalcu
- Current Credit: loans.hit.utils.Fico@5e9f23b4
- Current City: Little Rock
- State: Arkansas
- Zip code: 72209
- Yearly income: $35,000
- Current Job: cook
- Current County: Pulaski
- Goal Yearly Income: $147,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Personal Loan for a cook named Ashley in Little Rock, Arkansas to Pay Off Brooks Brothers Platinum MasterCard
Ashley had a tonne of credit card debt on their Merrill Lynch EMA Signature Rewards and their NBT Bank Visa Business Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Ashley’s job as a cook, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans vary from $26,000.00 to $51,000.00. They are normally used to pay off existing high interest loans like credit cards. Ashley required a debt consolidation loan to pay for their existing no collateral loan and their loan shark loan. Ashley was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which converts your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.1%.
Paraphrased and Standardized Quote from Ashley for this no collateral loan of $36000, provided by Commonwealth Federal Savings and Loan Association
Hi, I am Ashley and I’m from Little Rock in Arkansas. Pulaski, county is where I grew up, and now I need a no collateral loan in Arkansas for $36000 to pay bills. It wasn’t easy, but Commonwealth Federal Savings and Loan Association really came through for me with this loan for 8.2% 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 Commonwealth Federal Savings and Loan Association for giving me a chance and my bad credit. It look me 9 years to build my credit to 469, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
When Ashley was 21, they tried to obtain a student loan from 7 different lenders, which harmed their credit rating. Below is a list of Ashley’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on November 7, 2012
- Attempt 2) Loan for $27,000.00 on January 11, 2010
- Attempt 3) Loan for $37,000.00 on October 23, 2008
- Attempt 4) Loan for $31,000.00 on March 5, 2010
- Attempt 5) Loan for $38,000.00 on November 18, 2008
- Attempt 6) Loan for $35,000.00 on January 26, 2012
- Attempt 7) Loan for $28,000.00 on October 10, 2011
Installment loan for Ashley, a graduate of Total International Career Institute and a cook working for over $62,000 per year
Ashley, an alumnus at Total International Career Institute and a cook in Little Rock, Arkansas needs a no collateral loan to purchase a new cell phone. Ashley has instead chosen to get an installment loan for $23,000 and is at present seeking lenders like Madison Bank and Trust to process their request.
Fast Loans for Ashley in Little Rock, Arkansas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Little Rock, Arkansas aren’t actually that difficult to obtain, particularly if you have some finesse like Ashley. Ashley was able to find a fast loan for $36000 from River Valley Bank and Trust and Allied Bank, but declined both offers in favor of their no collateral loan from Commonwealth Federal Savings and Loan Association. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big difference in the case that a borrower is in a pinch.
Signature Loan easily acquired in Little Rock, Arkansas for $36000 with bad credit by Ashley
Most clients have difficulty with obtaining signature loans in Little Rock, Arkansas, and Ashley is no different. Ashley went to 6 lending institutions or more before finding Commonwealth Federal Savings and Loan Association, who offered Ashley a signature loan for $36000. Most signature loans simply require a client, like Ashley’s signature to get them, up to $44,000 in some cases. Ashley was able to get $36000 as a no collateral loan, which is very high for a no collateral loan. Since signature loans don’t need collateral, these loans generally need improved credit, as high as 714
Conclusion of Ashley’s no collateral loan
In the end, Ashley was able to find a no collateral loan for $36000 with an interest rate of 11.0% interest APR from Commonwealth Federal Savings and Loan Association in Little Rock, Arkansas repayable over 19 years from now.