$80000 Direct Loan – Jennings Kansas, Credit Rating Of 332
- Experian: 343 – This individual had a terrible Experian rating
- Transunion: 313 – Thea had a terrible credit rating with Transunion.
- Equifax: Thea’s Experian score was 332, which is a terrible credit score on the Experian rating scheme.
Contact Details for The First State Bank of Jennings, the provider of this direct loan
- The First State Bank of Jennings
- City: Jennings
- State: Kansas
- Address: Main Street
- County: Decatur
- Zip code: 67643
Thea was not approved by The Sedan State Bank, Sedan, Kansas 4 times before being approved by The First State Bank of Jennings at Main Street
On January 3, 2014, Thea inquired about borrowing $30,000 from Farmers and Merchants Bank with Ranee, their in law from just outside Jennings, and even with the co-signer, Thea was rejected for this direct loan. With terrible credit, it can be very hard to procure financing, even with collateral and a co-signer.
When Thea was 18, they attempted to obtain a student loan from 5 alternate banks, which harmed their credit score. Below is a chronology of Thea’s prior attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on October 13, 2011
- Attempt 2) Loan for $22,000.00 on November 20, 2012
- Attempt 3) Loan for $28,000.00 on August 11, 2011
- Attempt 4) Loan for $26,000.00 on January 7, 2010
- Attempt 5) Loan for $35,000.00 on September 30, 2012
8 Months Ago, Thea Tried to Find a High Risk Loan for $21,000.00, and it was Easy
It is an well known struggle for borrowers 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 frightening to borrowers like Thea. Thea decided not to get a high risk loan this time. High Risk loans are given to terrible credit applicants. Clients with credit ratings as low as 432 can inquire for a high risk loan and have a chance to be accepted.
Signature Loan acquired in Jennings, Kansas for $80000 with terrible credit by Thea
A lot of prospective borrowers struggle with obtaining signature loans in Jennings, Kansas, and Thea is no exception. Thea went to 4 lending institutions or more prior to settling on The First State Bank of Jennings, who offered Thea a signature loan for $80000. Most signature loans simply require a client, like Thea’s signature to get them, up to $39,000 in some cases. Thea was able to get $80000 as a direct loan, which is very high for a direct loan. Since signature loans do not need collateral, they tend to require better credit, as high as 739
Installment loan for Thea, a graduate of Tulsa Technology Center – Lemley and a sportswriter working for over $75,000 per year
Thea, an alumnus at Tulsa Technology Center – Lemley and a sportswriter in Jennings, Kansas wants a direct loan to purchase a house. Thea has instead decided to obtain an installment loan for $14,000 and is currently seeking lenders like The Peoples Bank to provide it.
Paraphrased and Standardized Quote from Thea for this direct loan of $80000, provided by The First State Bank of Jennings
Hi, I am Thea and I am from Jennings in Kansas. Decatur, county is where I grew up, and now I need a direct loan in Kansas for $80000 to buy a car. It wasn’t easy, but The First State Bank of Jennings really came through for me with this loan for 8.5% interest APR and a term of 11 years. I can probably repay the loan over the 11 year term, including interest. A big thanks to The First State Bank of Jennings for trusting me and my terrible credit. It look me 8 years to create my credit to 332, and I won’t harm it any more. I’m happy with Find Texas Loans for helping me this far.
Thea’s Overall FICO score at the time of acceptance for a direct loan, taking into account their sportswriter job and their future career as a recreational therapist
Thea’s Transunion score was altered by the direct loan loan, changing to 313 from 332, which is normal in our experience.
Several previous requests for credit have been made by Thea in the past, including one from Peach State Bank in Jennings, Kansas before Thea was accepted for the $80000 by The First State Bank of Jennings
Thea made 6 prior attempts to obtain a direct loan, 2 of which were with Peach State Bank, a lending institution in Jennings, Kansas known to specialize in direct loans specifically. Before finding The First State Bank of Jennings, Thea was desperate due to their inexperience and terrible credit score.
Personal Loan for a sportswriter named Thea in Jennings, Kansas to Pay Off Steuben Trust Visa Business Bonus Rewards PLUS Card
Thea had a tonne of credit card debt on their Staples Personal Account Credit Card and their The Limited Credit Card, and they were starting to get in over their heads. Despite Thea’s job as a sportswriter, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Fast Loans for Thea in Jennings, Kansas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Jennings, Kansas aren’t actually that difficult to obtain, especially if you have some gumption like Thea. Thea was able to find a fast loan for $80000 from The Victory State Bank and The Union State Bank, but turned down both offers in favor of their direct loan from The First State Bank of Jennings. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. An improvement in the case that a client is in a pinch.
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $31,000.00 to $47,000.00. They are mainly used to pay off existing high interest loans like credit cards. Thea required a debt consolidation loan to pay for their existing direct loan and their credit card. Thea was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.7%.
- Full name (Changed if requested): Thea Colonel
- Current Credit: loans.hit.utils.Fico@497470ed
- Current City: Jennings
- State: Kansas
- Zip code: 67648
- Yearly income: $69,000
- Current Job: sportswriter
- Current County: Decatur
- Goal Yearly Income: $146,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Previous requests on Thea’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$32430.00||7||7.1%||$491.04||Citizens Bank and Trust Company||April 17, 2012|
|$32280.00||9||6.3%||$392.35||The Morrill and Janes Bank and Trust Company||November 26, 2014|
|$31820.00||8||5.7%||$413.53||The Citizens State Bank, Liberal, Kansas||February 16, 2015|
|$32370.00||10||6.3%||$364.27||Citizens State Bank||April 6, 2015|
|$32480.00||9||11.5%||$484.07||The Peoples Bank||May 23, 2015|
Thea has a very low current yearly income, but has several of prospects
Thea has always wanted to be a recreational therapist, but would have to attend Tulsa Technology Center – Lemley again to achieve it. Thea has other prospects as well, including educational psychologist, public relations specialist, and farm labor contractor, which pay $58,000 through to $97,000 per year, on average. Because of this, we think that Thea can afford this direct loan of $80000.
Before applying for this direct loan, Thea had an Experian score of 343, which is terrible, so The First State Bank of Jennings likely cannot provide Thea a direct loan
Conclusion of Thea’s direct loan
In the end, Thea was able to find a direct loan for $80000 with an interest rate of 6.7% interest APR from The First State Bank of Jennings in Jennings, Kansas repayable over 11 years from now.