$100000 Auto Loan – Marion Kentucky, Credit Score Of 357
- Experian: 369 – The client had a terrible Experian score
- Transunion: 345 – Hilda had a terrible credit score with Transunion.
- Equifax: Hilda’s Experian score was 357, which is a terrible credit score using the Experian system.
6 Months Ago, Hilda Tried Finding a High Risk Loan for $22,000.00, but They Didn’t Find What They were Expecting
It is an ongoing struggle for borrowers to find high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Hilda. Hilda chose not to obtain a high risk loan this time. High Risk loans are given to very low credit individuals. Individuals with credit scores as low as 368 can apply for a high risk loan and have a chance to be approved.
Signature Loan found in Marion, Kentucky for $100000 with terrible credit by Hilda
Many borrowers struggle with obtaining signature loans in Marion, Kentucky, and Hilda is the same. Hilda went to 7 lending institutions or more prior to settling on Farmers Bank and Trust Company, who offered Hilda a signature loan for $100000. Typical signature loans simply need a client, like Hilda’s signature to obtain them, up to $30,000 in some cases. Hilda was able to get $100000 as a auto loan, which is very high for an auto loan. Because signature loans don’t need a cosigner, they generally require improved credit, as high as 733
Hilda’s Transunion score was altered by the auto loan loan, changing to 345 from 357, which is normal in our experience.
Contact Details for Farmers Bank and Trust Company, the provider of this auto loan
- Farmers Bank and Trust Company
- City: Marion
- State: Kentucky
- Address: 201 South Main Street
- County: Crittenden
- Zip code: 42064
When Hilda was 21, they attempted to obtain a student loan from 6 different lenders, which damaged their credit score. Below is a list of Hilda’s previous attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on January 30, 2009
- Attempt 2) Loan for $33,000.00 on June 26, 2009
- Attempt 3) Loan for $39,000.00 on March 22, 2013
- Attempt 4) Loan for $22,000.00 on February 24, 2010
- Attempt 5) Loan for $30,000.00 on June 3, 2011
- Attempt 6) Loan for $28,000.00 on March 29, 2009
Previous requests on Hilda’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$91460.00||3||11.4%||$3011.64||Stock Yards Bank & Trust Company||August 20, 2012|
|$91270.00||8||9.5%||$1360.92||Farmers Deposit Bank of Brandenburg||November 21, 2013|
|$91390.00||9||7.3%||$1156.88||Citizens Bank||November 4, 2014|
|$91290.00||9||7.6%||$1169.64||Citizens Bank & Trust Company, Burgin, Kentucky||April 9, 2015|
Paraphrased and Standardized Quote from Hilda for this auto loan of $100000, provided by Farmers Bank and Trust Company
Hi, I am Hilda and I am from Marion in Kentucky. Crittenden, county is where I grew up, and now I need a auto loan in Kentucky for $100000 to buy a car. It has been difficult, but Farmers Bank and Trust Company really came through for me with this loan for 10.6% interest APR and a term of 19 years. I can repay the loan over the 19 year term, including interest. A big thanks to Farmers Bank and Trust Company for trusting me and my terrible credit. It look me 6 years to create my credit to 357, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $32,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Hilda needed a debt consolidation loan to pay for their existing auto loan and their loan shark loan. Hilda was able to find a auto loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which changes your dirty, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.3%.
Hilda was rejected by West Side Savings Bank 4 times prior to being approved by Farmers Bank and Trust Company at 201 South Main Street
On January 18, 2014, Hilda inquired about borrowing $46,000 from Jackson County Bank with Marget, their friend from just outside Marion, and even with the co-signer, Hilda was rejected for this auto loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Installment loan for Hilda, a graduate of Crave Beauty Academy and a makeup artists – theatrical working for over $69,000 per year
Hilda, an alumnus at Crave Beauty Academy and a makeup artists – theatrical in Marion, Kentucky needs an auto loan to purchase a house. Hilda has instead chosen to get an installment loan for $9,000 and is at present seeking lenders like Ascencia Bank to process their request.
- Full name (Changed if requested): Hilda Ng
- Current Credit: loans.hit.utils.Fico@42110406
- Current City: Marion
- State: Kentucky
- Zip code: 42068
- Yearly income: $41,000
- Current Job: makeup artists – theatrical
- Current County: Crittenden
- Goal Yearly Income: $101,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Personal Loan for a makeup artists – theatrical named Hilda in Marion, Kentucky to Pay Off Phillips 66
Hilda had a tonne of credit card debt on their ReDirect Guide Visa and their Virgin Atlantic Black Card, and they were starting to get in over their heads. Despite Hilda’s job as a makeup artists – theatrical, they struggled to make payments on the $26,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Before applying for this auto loan, Hilda had an Experian score of 369, which is terrible, so Farmers Bank and Trust Company probably cannot provide Hilda an auto loan
Hilda’s Overall FICO score at the time of acceptance for an auto loan, taking into account their makeup artists – theatrical job and their future job as an operations management analyst
Several past requests for credit have been made by Hilda in the past, including one from Amegy Bank National Association in Marion, Kentucky before Hilda was approved for the $100000 by Farmers Bank and Trust Company
Hilda made 4 prior attempts to obtain an auto loan, 2 of which were with Amegy Bank National Association, a bank in Marion, Kentucky known to specialize in auto loans specifically. Prior to finding Farmers Bank and Trust Company, Hilda was very concerned due to their inexperience and terrible credit score.
Hilda has a low current total income, but has several of prospects
Hilda has always wanted to be an operations management analyst, but would need attend Crave Beauty Academy again to become one. Hilda has other prospects as well, including systems accountant, bindery machine tender, and environmental science technician, which pay $58,000 through to $91,000 per year, on average. For this reason, we believe that Hilda can afford this auto loan of $100000.
Fast Loans for Hilda in Marion, Kentucky to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Marion, Kentucky aren’t actually that difficult to obtain, particularly if you have some gumption like Hilda. Hilda was able to find a fast loan for $100000 from Community Financial Services Bank and Kentucky National Bank of Pendleton County, but turned down both offers in favor of their auto loan from Farmers Bank and Trust Company. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference in the case that you are on the go.
Conclusion of Hilda’s auto loan
In the end, Hilda was able to find an auto loan for $100000 with an interest rate of 6.6% interest APR from Farmers Bank and Trust Company in Marion, Kentucky repayable over 19 years from today.