$98000 Private Loan – Amarillo Texas, Credit Score Of 400
- Experian: 412 – The client had a bad Experian rating
- Transunion: 388 – Eleanor had a bad credit score with Transunion.
- Equifax: Eleanor’s Experian score was 400, which is a bad credit score using the Experian scale.
Eleanor has a low current total income, but has several of prospects
Eleanor has always wanted to be a textile designer, but would need attend The University of Alabama again to achieve it. Eleanor has other possibilities as well, including aircraft body and bonded structure repairer, home entertainment system installer, and agricultural technician, which pay $52,000 through to $93,000 per year, on average. For this reason, we think that Eleanor can pay for this private loan of $98000.
Contact Details for Texas Bank of Amarillo, the provider of this private loan
- Texas Bank of Amarillo
- City: Amarillo
- State: Texas
- Address: 34th And Bell Streets
- County: Randall
- Zip code: 79109
Previous requests on Eleanor’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$46480.00||5||6.5%||$909.43||Comerica Bank||October 1, 2012|
|$46120.00||5||7.3%||$919.77||First Star Bank, S.S.B.||November 3, 2013|
|$45510.00||5||10.1%||$969.19||Brownfield State Bank & Trust Co.||July 27, 2014|
|$46440.00||6||5.2%||$752.23||First Bank & Trust, Bryan, Texas||May 9, 2015|
|$46240.00||11||5.1%||$458.43||First Bank & Trust of Clarendon||July 21, 2015|
Multiple other requests for credit have been made by Eleanor in the past, including one from American State Bank in Amarillo, Texas before Eleanor was accepted for the $98000 by Texas Bank of Amarillo
Eleanor made 4 previous tries to obtain a private loan, 2 of which were with American State Bank, a lending institution in Amarillo, Texas known to specialize in private loans specifically. Prior to finding Texas Bank of Amarillo, Eleanor was desperate due to their inexperience and bad credit score.
8 Months Ago, Eleanor Attempted to Find a High Risk Loan for $32,000.00, and it was Hard
It is an ongoing struggle for clients to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Eleanor. Eleanor decided not to obtain a high risk loan this time. High Risk loans are given to bad credit applicants. Clients with credit ratings as low as 528 can inquire for a high risk loan and may be be accepted.
Fast Loans for Eleanor in Amarillo, Texas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Amarillo, Texas aren’t actually that difficult to obtain, especially if you have some finesse like Eleanor. Eleanor was able to find a fast loan for $98000 from Arrowhead Bank and First State Bank of Mathis, but turned down both offers in favor of their private loan from Texas Bank of Amarillo. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. Much better if you are in a pinch.
Before applying for this private loan, Eleanor had an Experian score of 412, which is bad, so Texas Bank of Amarillo likely cannot provide Eleanor a private loan
Personal Loan for a substance abuse counselor named Eleanor in Amarillo, Texas to Pay Off City National Bank Crystal Visa Infinite Card
Eleanor had a lot of credit card debt on their WSFS Bank Student Visa and their TD Payment Plus Visa Credit Card, and they were starting to get in over their heads. Despite Eleanor’s job as a substance abuse counselor, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Eleanor’s Transunion score was changed by the private loan loan, changing to 388 from 400, which is normal in our experience.
Debt Consolidation Can Help Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans range from $32,000.00 to $50,000.00. They are normally used to pay off existing high interest loans like credit cards. Eleanor required a debt consolidation loan to pay for their existing private loan and their payday loan. Eleanor was able to find a private loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.1%.
Eleanor was not approved by Vista Bank 5 times prior to being approved by Texas Bank of Amarillo at 34th And Bell Streets
On March 16, 2010, Eleanor applied about borrowing $22,000 from First State Bank with Steven, their in law from just outside Amarillo, and even with the co-signer, Eleanor was rejected for this private loan. With bad credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Eleanor’s Overall FICO score at the time of acceptance for a private loan, taking into account their substance abuse counselor job and their future job as a textile designer
Paraphrased and Standardized Quote from Eleanor for this private loan of $98000, provided by Texas Bank of Amarillo
Hello, I am Eleanor and I’m from Amarillo in Texas. Randall, county is where I grew up, and now I need a private loan in Texas for $98000 to buy a big ticket item. It has been difficult, but Texas Bank of Amarillo really came through for me with this loan for 10.2% interest APR and a term of 19 years. I will repay the loan over the 19 year term, including interest. A big thanks to Texas Bank of Amarillo for giving me a chance and my bad credit. It look me 6 years to create my credit to 400, and I won’t harm it any future. I’m pleased with Find Texas Loans for assisting me this far.
When Eleanor was 18, they tried to obtain a student loan from 4 different banks, which damaged their credit score. Below is a list of Eleanor’s prior attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on December 8, 2009
- Attempt 2) Loan for $29,000.00 on June 28, 2011
- Attempt 3) Loan for $39,000.00 on September 28, 2012
- Attempt 4) Loan for $30,000.00 on June 17, 2013
Installment loan for Eleanor, a graduate of The University of Alabama and a substance abuse counselor working for over $67,000 per year
Eleanor, an alumnus at The University of Alabama and a substance abuse counselor in Amarillo, Texas wants a private loan to purchase a house. Eleanor has instead decided to obtain an installment loan for $5,000 and is currently seeking lenders like Farmers State Bank of Shiro, Texas to process their request.
- Full name (Changed if requested): Eleanor Kercado
- Current Credit: loans.hit.utils.Fico@5387f9e0
- Current City: Amarillo
- State: Texas
- Zip code: 79112
- Yearly income: $67,000
- Current Job: substance abuse counselor
- Current County: Randall
- Goal Yearly Income: $129,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Signature Loan acquired in Amarillo, Texas for $98000 with bad credit by Eleanor
Most borrowers have difficulty with obtaining signature loans in Amarillo, Texas, and Eleanor is no exception. Eleanor went to 8 lenders or more prior to finding Texas Bank of Amarillo, who offered Eleanor a signature loan for $98000. Typical signature loans simply need a client, like Eleanor’s signature to get them, up to $26,000 in some cases. Eleanor was able to get $98000 as a private loan, which is very high for a private loan. Since signature loans do not require collateral, these loans generally need improved credit, as high as 771
Conclusion of Eleanor’s private loan
In the end, Eleanor was able to find a private loan for $98000 with an interest rate of 9.7% interest APR from Texas Bank of Amarillo in Amarillo, Texas repayable over 19 years from today.