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Hortensia Lok’s Auto Loan For 20000 Dollars In Baton Rouge Louisiana

$20000 Auto Loan – Baton Rouge Louisiana, Credit Rating Of 441

  • Experian: 452 – They had a bad Experian rating
  • Transunion: 428 – Hortensia had a bad credit rating with Transunion.
  • Equifax: Hortensia’s Experian score was 441, which is a bad credit rating on the Experian system.

Previous requests on Hortensia’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$56770.00 3 8.5% $1792.09 Bank of Zachary February 8, 2010
$57400.00 5 7.1% $1139.3 Landmark Bank May 23, 2012
$57440.00 6 7.4% $990.36 Bank of Gonzales September 8, 2012
$57370.00 10 7.3% $675.02 The Highlands Bank September 8, 2013

When Hortensia was 18, they attempted to obtain a student loan from 4 different banks, which harmed their credit score. Below is a chronology of Hortensia’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $36,000.00 on June 21, 2010
  • Attempt 2) Loan for $25,000.00 on June 14, 2009
  • Attempt 3) Loan for $32,000.00 on December 22, 2008
  • Attempt 4) Loan for $28,000.00 on March 26, 2009

Hortensia was rejected by The First National Bank in St. Mary Parish 4 times prior to being approved by Home Savings and Loan Association at 5880 Florida Street

On March 24, 2012, Hortensia inquired about borrowing $31,000 from Citizens Bank & Trust Company with Bennett, their friend from just outside Baton Rouge, and even with the co-signer, Hortensia was rejected for this auto loan. With bad credit, it can be difficult to obtain financing, even with collateral and a co-signer.

Fast Loans for Hortensia in Baton Rouge, Louisiana to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Baton Rouge, Louisiana aren’t actually that difficult to obtain, especially if you have some finesse like Hortensia. Hortensia was able to find a fast loan for $20000 from First National Bank of Houma and First Bank, but declined both offers in favor of their auto loan from Home Savings and Loan 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. Much better if a client is in a pinch.

Many past requests for credit have been made by Hortensia in the past, including one from First American Bank, Murfreesboro in Baton Rouge, Louisiana before Hortensia was approved for the $20000 by Home Savings and Loan Association

Hortensia made 7 previous tries to obtain an auto loan, 2 of which were with First American Bank, Murfreesboro, a bank in Baton Rouge, Louisiana known to specialize in auto loans specifically. Prior to finding Home Savings and Loan Association, Hortensia was concerned due to their inexperience and bad credit score.

Hortensia has a disappointing current gross income, but has a large amount of prospects

Hortensia has always wanted to be a land surveyor, but would need attend SUNY College at New Paltz again to become one. Hortensia has other prospects as well, including athletes’ business manager, recreational therapist, and logging worker supervisor, which pay $58,000 through to $99,000 per year, on average. Because of this, we think that Hortensia can afford this auto loan of $20000.

Hortensia’s Transunion score was altered by the auto loan loan, changing to 428 from 441, which is normal in our experience.

Transunion Score: 428

Before applying for this auto loan, Hortensia had an Experian score of 452, which is bad, so Home Savings and Loan Association probably cannot provide Hortensia an auto loan

Experian Score: 452

Client Profile: Hortensia Lok of Baton Rouge, Louisiana
  • Full name (Changed if requested): Hortensia Lok
  • Current Credit: loans.hit.utils.Fico@3d494fbf
  • Current City: Baton Rouge
  • State: Louisiana
  • Zip code: 70809
  • Yearly income: $35,000
  • Current Job: foreign language teacher
  • Current County: East Baton Rouge
  • Goal Yearly Income: $125,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $0

Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt

Normal debt consolidation loans range from $32,000.00 to $55,000.00. They are typically used to pay off existing high interest loans like credit cards. Hortensia needed a debt consolidation loan to pay for their existing auto loan and their loan shark loan. Hortensia was able to find a auto loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your less desirable, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 3.1%.

8 Months Ago, Hortensia Tried Finding a High Risk Loan for $29,000.00, and it was Hard

It is an ongoing struggle for clients to find high risk loans in a safe manner. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Hortensia. Hortensia chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit clients. Borrowers with credit scores as low as 350 can inquire for a high risk loan and may be be approved.

Hortensia’s Overall FICO score at the time of acceptance for an auto loan, taking into account their foreign language teacher job and their future job as a land surveyor

Fico Score: 441

Contact Details for Home Savings and Loan Association, the provider of this auto loan

  • Home Savings and Loan Association
  • City: Baton Rouge
  • State: Louisiana
  • Address: 5880 Florida Street
  • County: East Baton Rouge
  • Zip code: 70806

Personal Loan for a foreign language teacher named Hortensia in Baton Rouge, Louisiana to Pay Off Members 1st FCU Visa Platinum Points Rewards Credit Card

Hortensia had a lot of credit card debt on their JC Penney Credit Card and their Justice FCU Blue Knights International VISA Rewards Card, and they were starting to get in over their heads. Despite Hortensia’s job as a foreign language teacher, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Paraphrased and Standardized Quote from Hortensia for this auto loan of $20000, provided by Home Savings and Loan Association

Hello, I am Hortensia and my hometown is Baton Rouge in Louisiana. East Baton Rouge, county is where I grew up, and now I need a auto loan in Louisiana for $20000 to buy a big ticket item. It wasn’t easy, but Home Savings and Loan Association really came through for me with this loan for 8.4% interest APR and a term of 6 years. I will repay the loan over the 6 year term, including interest. A big thanks to Home Savings and Loan Association for trusting me and my bad credit. It look me 9 years to build my credit to 441, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.

Installment loan for Hortensia, a graduate of SUNY College at New Paltz and a foreign language teacher working for over $78,000 per year

Hortensia, an alumnus at SUNY College at New Paltz and a foreign language teacher in Baton Rouge, Louisiana needs an auto loan to purchase a car. Hortensia has instead chosen to get an installment loan for $23,000 and is currently seeking lenders like First National Bank of Louisiana to provide it.

Signature Loan easily acquired in Baton Rouge, Louisiana for $20000 with bad credit by Hortensia

Many prospective borrowers have difficulty with finding signature loans in Baton Rouge, Louisiana, and Hortensia is the same. Hortensia went to 8 lending institutions or more before settling on Home Savings and Loan Association, who offered Hortensia a signature loan for $20000. Typical signature loans simply need a client, like Hortensia’s signature to get them, up to $39,000 in some cases. Hortensia was able to get $20000 as a auto loan, which is very high for an auto loan. Because signature loans don’t require collateral, they generally need improved credit, as high as 701

Conclusion of Hortensia’s auto loan

In the end, Hortensia was able to find an auto loan for $20000 with an interest rate of 6.1% interest APR from Home Savings and Loan Association in Baton Rouge, Louisiana repayable over 6 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.