$36000 High Risk Loan – Murfreesboro Tennessee, Credit Score Of 612
- Experian: 630 – They had a good Experian rating
- Transunion: 598 – Gladys had a good credit score with Transunion.
- Equifax: Gladys’s Experian score was 612, which is a good credit rating with the Experian scale.
Gladys was not approved by GreenBank 4 times prior to being accepted by First City Bank at 201 South Church Street
On May 27, 2011, Gladys applied about borrowing $17,000 from First Volunteer Bank of East Tennessee with Alphonse, their in law from just outside Murfreesboro, and even with the co-signer, Gladys was rejected for this high risk loan. With good credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Personal Loan for a soil scientist named Gladys in Murfreesboro, Tennessee to Pay Off Henri Bendel A-List Credit Card
Gladys had a lot of credit card debt on their Canandaigua National Bank & Trust Platinum Edition Visa Card and their Asiana Visa Business Card, and they were starting to get in over their heads. Despite Gladys’s job as a soil scientist, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Installment loan for Gladys, a graduate of University of Florida and a soil scientist working for over $69,000 per year
Gladys, an alumnus at University of Florida and a soil scientist in Murfreesboro, Tennessee wants a high risk loan to purchase something frivolous. Gladys has instead chosen to get an installment loan for $1,000 and is currently seeking lenders like The Bank of Goodlettsville to provide it.
Previous requests on Gladys’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$91270.00||11||6.2%||$955.53||Citizens Bank||May 22, 2009|
|$91160.00||7||11.7%||$1594.63||SunTrust Bank, Chattanooga, National Association||November 12, 2012|
|$90750.00||10||5.8%||$998.42||GreenBank||March 2, 2013|
|$91210.00||5||8.4%||$1866.92||CommunityFIRST Bank||November 17, 2014|
|$91290.00||3||6.5%||$2797.95||Bank of Belfast||June 14, 2015|
When Gladys was 19, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a list of Gladys’s previous attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on September 28, 2013
- Attempt 2) Loan for $39,000.00 on March 21, 2010
- Attempt 3) Loan for $27,000.00 on February 1, 2010
- Attempt 4) Loan for $25,000.00 on August 22, 2011
- Attempt 5) Loan for $36,000.00 on January 3, 2014
- Attempt 6) Loan for $28,000.00 on October 22, 2011
Contact Details for First City Bank, the provider of this high risk loan
- First City Bank
- City: Murfreesboro
- State: Tennessee
- Address: 201 South Church Street
- County: Rutherford
- Zip code: 37133
Gladys’s Transunion score was altered by the high risk loan loan, changing to 598 from 612, which is typical in our experience.
Before applying for this high risk loan, Gladys had an Experian score of 630, which is good, so First City Bank most likely cannot provide Gladys a high risk loan
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $20,000.00 to $53,000.00. They are mainly used to pay off existing high interest loans like credit cards. Gladys needed a debt consolidation loan to pay for their existing high risk loan and their payday loan. Gladys was able to find a high risk loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which transfers your less desirable, high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.0%.
Gladys’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their soil scientist job and their future career as a business service specialist
Paraphrased and Standardized Quote from Gladys for this high risk loan of $36000, provided by First City Bank
Hi, I am Gladys and I am from Murfreesboro in Tennessee. Rutherford, county is where I grew up, and now I need a high risk loan in Tennessee for $36000 to avoid bankruptcy. It has been difficult, but First City Bank really came through for me with this loan for 11.8% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to First City Bank for giving me a chance and my good credit. It look me 9 years to build my credit to 612, and I won’t harm it any future. I am pleased with Find Texas Loans for assisting me this far.
Fast Loans for Gladys in Murfreesboro, Tennessee to prevent bankruptcy or harm from debt collectors.
Fast loans in Murfreesboro, Tennessee aren’t actually that difficult to obtain, particularly if you have some gumption like Gladys. Gladys was able to find a fast loan for $36000 from Merchants and Planters Bank and First Tennessee Bank, but declined both offers in favor of their high risk loan from First City Bank. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. Much better in the case that you are in a time sensitive situation.
Several other requests for credit have been made by Gladys in the past, including one from Citizens Bank and Trust in Murfreesboro, Tennessee before Gladys was accepted for the $36000 by First City Bank
Gladys made 6 previous tries to obtain a high risk loan, 2 of which were with Citizens Bank and Trust, a bank in Murfreesboro, Tennessee known to specialize in high risk loans specifically. Before finding First City Bank, Gladys was concerned due to their inexperience and good credit score.
Signature Loan found in Murfreesboro, Tennessee for $36000 with good credit by Gladys
A lot of prospective borrowers have difficulty with finding signature loans in Murfreesboro, Tennessee, and Gladys is the same. Gladys went to 4 lenders or more prior to finding First City Bank, who offered Gladys a signature loan for $36000. Typical signature loans simply need a client, like Gladys’s signature to get them, up to $49,000 in some cases. Gladys was able to get $36000 as a high risk loan, which is very high for a high risk loan. Since signature loans do not require a cosigner, they tend to require better credit, as high as 787
Gladys has a sad current gross income, but has a high number of prospects
Gladys has always wanted to be a business service specialist, but would have to attend University of Florida again to become one. Gladys has other possibilities as well, including marina boat charter administrator, substance abuse counselor, and sales representatives, which pay $58,000 through to $93,000 per year, on average. For this reason, we believe that Gladys can pay for this high risk loan of $36000.
6 Months in the Past, Gladys Attempted Finding a High Risk Loan for $41,000.00, and it was Hard
There is an existing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Gladys. Gladys chose not to get a high risk loan this time. High Risk loans are given to very low credit applicants. Borrowers with credit scores as low as 584 can apply for a high risk loan and possibly can be approved.
- Full name (Changed if requested): Gladys Obiesie
- Current Credit: loans.hit.utils.Fico@156643d4
- Current City: Murfreesboro
- State: Tennessee
- Zip code: 37134
- Yearly income: $65,000
- Current Job: soil scientist
- Current County: Rutherford
- Goal Yearly Income: $98,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Conclusion of Gladys’s high risk loan
In the end, Gladys was able to find a high risk loan for $36000 with an interest rate of 8.4% interest APR from First City Bank in Murfreesboro, Tennessee repayable over 23 years from today.