$172000 Direct Loan – Onida South Dakota, Credit Score Of 382
- Experian: 395 – This client had a terrible Experian rating
- Transunion: 364 – Alejandrina had a terrible credit score with Transunion.
- Equifax: Alejandrina’s Experian score was 382, which is a terrible credit rating using the Experian system.
6 Months in the Past, Alejandrina Attempted Finding a High Risk Loan for $46,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for borrowers to get high risk loans in a safe manner. a lot of high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Alejandrina. Alejandrina decided not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Clients with credit scores as low as 490 can apply for a high risk loan and may be be approved.
Contact Details for Sunrise Bank Dakota, the provider of this direct loan
- Sunrise Bank Dakota
- City: Onida
- State: South Dakota
- Address: 201 South Main Street
- County: Sully
- Zip code: 57564
Paraphrased and Standardized Quote from Alejandrina for this direct loan of $172000, provided by Sunrise Bank Dakota
Hello, I am Alejandrina and I’m from Onida in South Dakota. Sully, county is where I grew up, and now I need a direct loan in South Dakota for $172000 to avoid bankruptcy. It wasn’t easy, but Sunrise Bank Dakota really came through for me with this loan for 7.5% interest APR and a term of 18 years. I will repay the loan over the 18 year term, including interest. A big thanks to Sunrise Bank Dakota for trusting me and my terrible credit. It look me 4 years to create my credit to 382, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.
Alejandrina’s Overall FICO score at the time of acceptance for a direct loan, taking into account their mechanical engineer job and their future career as an artists agent
When Alejandrina was 19, they attempted to obtain a student loan from 7 alternate banks, which damaged their credit rating. Below is a list of Alejandrina’s prior attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on February 12, 2012
- Attempt 2) Loan for $22,000.00 on March 21, 2011
- Attempt 3) Loan for $32,000.00 on June 4, 2011
- Attempt 4) Loan for $26,000.00 on January 27, 2012
- Attempt 5) Loan for $22,000.00 on October 31, 2010
- Attempt 6) Loan for $26,000.00 on December 25, 2011
- Attempt 7) Loan for $24,000.00 on January 18, 2011
Alejandrina’s Transunion score was changed by the direct loan loan, changing to 364 from 382, which is normal in our experience.
Previous requests on Alejandrina’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$73520.00||4||11.1%||$1903.74||The Peoples Bank||August 15, 2013|
|$73870.00||7||11.7%||$1292.19||First State Bank of Claremont||September 15, 2013|
|$73800.00||8||8.8%||$1073.54||Security State Bank||January 19, 2014|
|$73860.00||5||11.8%||$1635.52||First Western Bank||June 27, 2014|
Installment loan for Alejandrina, a graduate of Tennessee State University and a mechanical engineer working for over $78,000 per year
Alejandrina, an alumnus at Tennessee State University and a mechanical engineer in Onida, South Dakota needs a direct loan to purchase a car. Alejandrina has instead chosen to get an installment loan for $6,000 and is currently seeking lenders like Security Bank to process their request.
Alejandrina has a low current yearly income, but has several of prospects
Alejandrina has always wanted to be an artists agent, but would have to attend Tennessee State University again to become one. Alejandrina has other prospects as well, including mail clerk, recreational vehicle mechanic, and ceramic engineer, which pay $50,000 through to $106,000 per year, at least. For this reason, we believe that Alejandrina can pay for this direct loan of $172000.
Personal Loan for a mechanical engineer named Alejandrina in Onida, South Dakota to Pay Off State Farm Good Neighbor Visa Credit Card
Alejandrina had a tonne of credit card debt on their Belk Rewards Card and their Nationwide Bank Visa Credit Card, and they were starting to get in over their heads. Despite Alejandrina’s job as a mechanical engineer, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan easily acquired in Onida, South Dakota for $172000 with terrible credit by Alejandrina
Most clients have difficulty with obtaining signature loans in Onida, South Dakota, and Alejandrina is no exception. Alejandrina went to 5 lenders or more prior to settling on Sunrise Bank Dakota, who offered Alejandrina a signature loan for $172000. Typical signature loans simply require a client, like Alejandrina’s signature to obtain them, up to $31,000 in some cases. Alejandrina was able to get $172000 as a direct loan, which is very high for a direct loan. Because signature loans don’t need collateral, they generally need higher credit, as high as 776
Multiple other requests for credit have been made by Alejandrina in the past, including one from Norwest Bank Wisconsin Waupun, National Association in Onida, South Dakota before Alejandrina was accepted for the $172000 by Sunrise Bank Dakota
Alejandrina made 9 previous tries to obtain a direct loan, 2 of which were with Norwest Bank Wisconsin Waupun, National Association, a bank in Onida, South Dakota known to specialize in direct loans specifically. Prior to finding Sunrise Bank Dakota, Alejandrina was concerned due to their inexperience and terrible credit score.
Alejandrina was declined by First State Bank of Sinai 7 times before being accepted by Sunrise Bank Dakota at 201 South Main Street
On April 25, 2009, Alejandrina inquired about borrowing $27,000 from Springfield State Bank with Gregorio, their in law from just outside Onida, and even with the co-signer, Alejandrina was rejected for this direct loan. With terrible credit, it can be a challenge to procure financing, even with collateral and a co-signer.
Before applying for this direct loan, Alejandrina had an Experian score of 395, which is terrible, so Sunrise Bank Dakota likely cannot provide Alejandrina a direct loan
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $31,000.00 to $56,000.00. They are typically used to pay off existing high interest loans like credit cards. Alejandrina needed a debt consolidation loan to pay for their existing direct loan and their payday loan. Alejandrina was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your bad, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.3%.
- Full name (Changed if requested): Alejandrina Shuffler
- Current Credit: loans.hit.utils.Fico@37f8bb67
- Current City: Onida
- State: South Dakota
- Zip code: 57571
- Yearly income: $41,000
- Current Job: mechanical engineer
- Current County: Sully
- Goal Yearly Income: $106,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Fast Loans for Alejandrina in Onida, South Dakota to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Onida, South Dakota aren’t actually that difficult to obtain, particularly if you have some finesse like Alejandrina. Alejandrina was able to find a fast loan for $172000 from Parker State Bank and American Bank & Trust, but turned down both offers in favor of their direct loan from Sunrise Bank Dakota. 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. A big difference if a client is in a time sensitive situation.
Conclusion of Alejandrina’s direct loan
In the end, Alejandrina was able to find a direct loan for $172000 with an interest rate of 8.5% interest APR from Sunrise Bank Dakota in Onida, South Dakota repayable over 18 years from today.