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Fast Loan Of $48000 For Bad Credit California Resident

$48000 Fast Loan – Beverly Hills California, Credit Rating Of 490

  • Experian: 504 – This client had a bad Experian score
  • Transunion: 473 – Pearly had a bad credit score with Transunion.
  • Equifax: Pearly’s Experian score was 490, which is a bad credit score on the Experian scale.

Pearly was rejected by Mechanics Bank 6 times before being accepted by American Savings, A Federal Association at 9535 Wilshire Blvd

On August 8, 2009, Pearly inquired about borrowing $33,000 from Westamerica Bank with Arthur, their in law from just outside Beverly Hills, and even with the co-signer, Pearly was rejected for this fast loan. With bad credit, it can be difficult to obtain funding, even with collateral and a co-signer.

8 Months in the Past, Pearly Tried to Find a High Risk Loan for $36,000.00, and it was Easy

There is an well known 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 similar lenders, which can be physically harmful to borrowers like Pearly. Pearly decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit borrowers. Borrowers with credit scores as low as 354 can inquire for a high risk loan and may be be accepted.

Contact Details for American Savings, A Federal Association, the provider of this fast loan

  • American Savings, A Federal Association
  • City: Beverly Hills
  • State: California
  • Address: 9535 Wilshire Blvd
  • County: Los Angeles
  • Zip code: 90212

Pearly’s Transunion score was altered by the fast loan loan, changing to 473 from 490, which is normal in our experience.

Transunion Score: 473

Previous requests on Pearly’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$119470.00 9 8.2% $1567.76 Santa Monica Bank June 6, 2011
$119240.00 9 10.2% $1691.68 Farmers and Merchants Bank of Long Beach August 27, 2011
$119450.00 4 5.8% $2794.35 First Interstate Bank of California November 20, 2012
$118760.00 4 7.1% $2849.37 Union Bank October 6, 2013
$118770.00 9 8.6% $1583.42 Citizens Commercial Trust and Savings Bank of Pasadena August 6, 2014

Fast Loans for Pearly in Beverly Hills, California to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Beverly Hills, California aren’t actually that difficult to obtain, particularly if you have some gumption like Pearly. Pearly was able to find a fast loan for $48000 from The First National Bank of Orange County and National Bank of Agriculture, but declined both offers in favor of their fast loan from American Savings, A Federal Association. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big difference in the case that a client is in a time sensitive situation.

Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans vary from $33,000.00 to $46,000.00. They are typically used to pay off existing high interest loans like credit cards. Pearly required a debt consolidation loan to pay for their existing fast loan and their payday loan. Pearly was able to find a fast loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.7%.

Signature Loan acquired in Beverly Hills, California for $48000 with bad credit by Pearly

Many borrowers have difficulty with finding signature loans in Beverly Hills, California, and Pearly is not an exception. Pearly went to 5 lenders or more prior to finding American Savings, A Federal Association, who offered Pearly a signature loan for $48000. Most signature loans simply require a client, like Pearly’s signature to get them, up to $26,000 in some cases. Pearly was able to get $48000 as a fast loan, which is very high for a fast loan. Since signature loans do not need a cosigner, they generally require improved credit, as high as 779

Pearly’s Overall FICO score at the time of acceptance for a fast loan, taking into account their industrial engineer job and their future career as a commercial fisherman

Fico Score: 490

Pearly has a sad current total income, but has several of prospects

Pearly has always wanted to be a commercial fisherman, but would need attend University of Louisiana at Monroe again to become one. Pearly has other prospects as well, including sales representative, employee benefits analyst, and police artist, which pay $54,000 through to $95,000 per year, at least. For this reason, we believe that Pearly can pay for this fast loan of $48000.

Personal Loan for an industrial engineer named Pearly in Beverly Hills, California to Pay Off First National Bank Platinum Edition Visa Card

Pearly had a lot of credit card debt on their H-E-B Credit Card and their First Niagara Platinum MasterCard, and they were starting to get in over their heads. Despite Pearly’s job as an industrial engineer, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Many other requests for credit have been made by Pearly in the past, including one from Barton Savings and Loan Association in Beverly Hills, California before Pearly was accepted for the $48000 by American Savings, A Federal Association

Pearly made 7 prior attempts to obtain a fast loan, 2 of which were with Barton Savings and Loan Association, a lending institution in Beverly Hills, California known to specialize in fast loans specifically. Before finding American Savings, A Federal Association, Pearly was very concerned due to their inexperience and bad credit score.

Installment loan for Pearly, a graduate of University of Louisiana at Monroe and an industrial engineer working for over $73,000 per year

Pearly, an alumnus at University of Louisiana at Monroe and an industrial engineer in Beverly Hills, California wants a fast loan to purchase something frivolous. Pearly has instead decided to obtain an installment loan for $5,000 and is currently seeking lenders like Citizens Bank of Roseville to process their request.

Paraphrased and Standardized Quote from Pearly for this fast loan of $48000, provided by American Savings, A Federal Association

Hello, I am Pearly and I am from Beverly Hills in California. Los Angeles, county is where I grew up, and now I need a fast loan in California for $48000 to buy a big ticket item. It has been difficult, but American Savings, A Federal Association really came through for me with this loan for 10.3% interest APR and a term of 14 years. I can probably repay the loan over the 14 year term, including interest. A big thanks to American Savings, A Federal Association for giving me a chance and my bad credit. It look me 9 years to create my credit to 490, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.

When Pearly was 19, they attempted to obtain a student loan from 5 different banks, which damaged their credit rating. Below is a list of Pearly’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $36,000.00 on January 24, 2010
  • Attempt 2) Loan for $34,000.00 on April 2, 2010
  • Attempt 3) Loan for $26,000.00 on December 9, 2009
  • Attempt 4) Loan for $37,000.00 on March 5, 2009
  • Attempt 5) Loan for $28,000.00 on May 7, 2013
Client Profile: Pearly Gearlds of Beverly Hills, California
  • Full name (Changed if requested): Pearly Gearlds
  • Current Credit: loans.hit.utils.Fico@6659c656
  • Current City: Beverly Hills
  • State: California
  • Zip code: 90217
  • Yearly income: $49,000
  • Current Job: industrial engineer
  • Current County: Los Angeles
  • Goal Yearly Income: $142,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Before applying for this fast loan, Pearly had an Experian score of 504, which is bad, so American Savings, A Federal Association probably cannot provide Pearly a fast loan

Experian Score: 504

Conclusion of Pearly’s fast loan

In the end, Pearly was able to find a fast loan for $48000 with an interest rate of 7.3% interest APR from American Savings, A Federal Association in Beverly Hills, California repayable over 14 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.