$111000 High Risk Loan – Irving Texas, Credit Rating Of 446
- Experian: 457 – This individual had a bad Experian score
- Transunion: 428 – Numbers had a bad credit score with Transunion.
- Equifax: Numbers’s Experian score was 446, which is a bad credit rating using the Experian scale.
Fast Loans for Numbers in Irving, Texas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Irving, Texas aren’t actually that difficult to obtain, particularly if you have some finesse like Numbers. Numbers was able to find a fast loan for $111000 from Eden State Bank and Texas Commerce Bank – Rio Grande Valley, National Association, but turned down both offers in favor of their high risk loan from Bank of Las Colinas, National 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 6 weeks for personal loans. An improvement in the case that a client is in a time sensitive situation.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $35,000.00 to $58,000.00. They are normally used to pay off existing high interest loans like credit cards. Numbers needed a debt consolidation loan to pay for their existing high risk loan and their payday loan. Numbers 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 converts your less desirable, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 4.5%.
Numbers’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their overhead door installer job and their future job as an ophthalmologist
Numbers was rejected by First RepublicBank Forney 6 times before being approved by Bank of Las Colinas, National Association at 4925 North O’connor Road
On June 25, 2011, Numbers inquired about borrowing $23,000 from Brownfield State Bank & Trust Co. with Annette, their in law from just outside Irving, and even with the co-signer, Numbers was rejected for this high risk loan. With bad credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Paraphrased and Standardized Quote from Numbers for this high risk loan of $111000, provided by Bank of Las Colinas, National Association
Hello, I am Numbers and I am from Irving in Texas. Dallas, county is where I grew up, and now I need a high risk loan in Texas for $111000 to avoid bankruptcy. It has been difficult, but Bank of Las Colinas, National Association really came through for me with this loan for 10.3% interest APR and a term of 9 years. I can probably repay the loan over the 9 year term, including interest. A big thanks to Bank of Las Colinas, National Association for giving me a chance and my bad credit. It look me 7 years to build my credit to 446, and I won’t harm it any more. I’m happy with Find Texas Loans for helping me this far.
Previous requests on Numbers’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$20820.00||7||9.1%||$336.03||Comerica Bank||January 25, 2009|
|$20780.00||4||11.2%||$539.09||First Star Bank, S.S.B.||November 23, 2012|
|$21280.00||3||7.7%||$663.9||Brownfield State Bank & Trust Co.||November 6, 2013|
|$21110.00||11||11.3%||$280.06||First Bank & Trust, Bryan, Texas||May 14, 2014|
Personal Loan for an overhead door installer named Numbers in Irving, Texas to Pay Off Fifth Third Bank Responsible MasterCard
Numbers had a tonne of credit card debt on their CFCU Classic Visa and their Associated Bank Visa Signature Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Numbers’s job as an overhead door installer, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Numbers was 18, they attempted to obtain a student loan from 4 alternate banks, which harmed their credit score. Below is a list of Numbers’s prior attempts at finding a student loan:
- Attempt 1) Loan for $32,000.00 on October 5, 2012
- Attempt 2) Loan for $31,000.00 on May 25, 2009
- Attempt 3) Loan for $31,000.00 on August 19, 2012
- Attempt 4) Loan for $35,000.00 on November 24, 2011
Numbers’s Transunion score was changed by the high risk loan loan, changing to 428 from 446, which is typical in our experience.
Installment loan for Numbers, a graduate of University of Memphis and an overhead door installer working for over $69,000 per year
Numbers, an alumnus at University of Memphis and an overhead door installer in Irving, Texas needs a high risk loan to purchase a new cell phone. Numbers has instead chosen to get an installment loan for $29,000 and is at present seeking lenders like The Roscoe State Bank to process their request.
- Full name (Changed if requested): Numbers Tuohy
- Current Credit: loans.hit.utils.Fico@f5f2bb7
- Current City: Irving
- State: Texas
- Zip code: 75071
- Yearly income: $47,000
- Current Job: overhead door installer
- Current County: Dallas
- Goal Yearly Income: $140,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Signature Loan acquired in Irving, Texas for $111000 with bad credit by Numbers
Most prospective borrowers struggle with obtaining signature loans in Irving, Texas, and Numbers is no exception. Numbers went to 8 lending institutions or more before finding Bank of Las Colinas, National Association, who offered Numbers a signature loan for $111000. Typical signature loans simply require a client, like Numbers’s signature to obtain them, up to $40,000 in some cases. Numbers was able to get $111000 as a high risk loan, which is very high for a high risk loan. Because signature loans don’t need a cosigner, they generally require better credit, as high as 735
8 Months in the Past, Numbers Tried Finding a High Risk Loan for $26,000.00, and it was Hard
It is an well known struggle for clients to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Numbers. Numbers decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit applicants. Clients with credit scores as low as 394 can apply for a high risk loan and have a chance to be accepted.
Numbers has a low current total income, but has a high number of prospects
Numbers has always wanted to be an ophthalmologist, but would need attend University of Memphis again to become one. Numbers has other possibilities as well, including legal secretary, quality control coordinator, and financial planner, which pay $56,000 through to $106,000 per year, on average. For this reason, we believe that Numbers can pay for this high risk loan of $111000.
Multiple previous requests for credit have been made by Numbers in the past, including one from Citizens Bank & Trust Company in Irving, Texas before Numbers was approved for the $111000 by Bank of Las Colinas, National Association
Numbers made 6 previous tries to obtain a high risk loan, 2 of which were with Citizens Bank & Trust Company, a lender in Irving, Texas known to specialize in high risk loans specifically. Prior to finding Bank of Las Colinas, National Association, Numbers was desperate due to their inexperience and bad credit score.
Contact Details for Bank of Las Colinas, National Association, the provider of this high risk loan
- Bank of Las Colinas, National Association
- City: Irving
- State: Texas
- Address: 4925 North O’connor Road
- County: Dallas
- Zip code: 75062
Before applying for this high risk loan, Numbers had an Experian score of 457, which is bad, so Bank of Las Colinas, National Association likely cannot provide Numbers a high risk loan
Conclusion of Numbers’s high risk loan
In the end, Numbers was able to find a high risk loan for $111000 with an interest rate of 9.6% interest APR from Bank of Las Colinas, National Association in Irving, Texas repayable over 9 years from now.