$140000 Student Loan – Stroud Oklahoma, Credit Rating Of 465
- Experian: 479 – This individual had a bad Experian rating
- Transunion: 452 – Hang had a bad credit score with Transunion.
- Equifax: Hang’s Experian score was 465, which is a bad credit score using the Experian rating scheme.
Hang has a low current total income, but has a large amount of prospects
Hang has always wanted to be a lathe operator, but would need attend University of Denver again to achieve it. Hang has other possibilities as well, including zoologist, structural drafter, and aircraft launch and recovery officer, which pay $52,000 through to $99,000 per year, on average. For this reason, we think that Hang can pay for this student loan of $140000.
- Full name (Changed if requested): Hang Alsina
- Current Credit: loans.hit.utils.Fico@179d3b25
- Current City: Stroud
- State: Oklahoma
- Zip code: 74083
- Yearly income: $41,000
- Current Job: ordinary seamen
- Current County: Lincoln
- Goal Yearly Income: $136,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Previous requests on Hang’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$87900.00||10||10.5%||$1186.08||The First State Bank||June 6, 2011|
|$88150.00||9||9.5%||$1217.3||Security Bank and Trust Company||November 4, 2014|
|$87820.00||10||9.6%||$1141.18||The First State Bank, Willow, Okla.||May 5, 2015|
|$87730.00||3||8.1%||$2753.19||Sooner State Bank||July 13, 2015|
7 Months Ago, Hang Attempted Finding a High Risk Loan for $29,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for borrowers to find high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Hang. Hang chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit individuals. Borrowers with credit scores as low as 491 can apply for a high risk loan and possibly can be approved.
Before applying for this student loan, Hang had an Experian score of 479, which is bad, so Stroud National Bank most likely cannot provide Hang a student loan
Contact Details for Stroud National Bank, the provider of this student loan
- Stroud National Bank
- City: Stroud
- State: Oklahoma
- Address: 300 West Main
- County: Lincoln
- Zip code: 74079
Paraphrased and Standardized Quote from Hang for this student loan of $140000, provided by Stroud National Bank
Hi, I am Hang and I am from Stroud in Oklahoma. Lincoln, county is where I grew up, and now I need a student loan in Oklahoma for $140000 to buy a car. It wasn’t easy, but Stroud National Bank really came through for me with this loan for 10.2% interest APR and a term of 15 years. I will repay the loan over the 15 year term, including interest. A big thanks to Stroud National Bank for giving me a chance and my bad credit. It look me 7 years to build my credit to 465, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.
Signature Loan acquired in Stroud, Oklahoma for $140000 with bad credit by Hang
Many prospective borrowers have difficulty with finding signature loans in Stroud, Oklahoma, and Hang is the same. Hang went to 5 lending institutions or more prior to settling on Stroud National Bank, who offered Hang a signature loan for $140000. Typical signature loans simply need a client, like Hang’s signature to obtain them, up to $46,000 in some cases. Hang was able to get $140000 as a student loan, which is very high for a student loan. Because signature loans do not require collateral, they tend to require better credit, as high as 784
Installment loan for Hang, a graduate of University of Denver and an ordinary seamen working for over $63,000 per year
Hang, an alumnus at University of Denver and an ordinary seamen in Stroud, Oklahoma needs a student loan to purchase a house. Hang has instead chosen to obtain an installment loan for $3,000 and is currently seeking lenders like The First State Bank to provide it.
Hang’s Overall FICO score at the time of acceptance for a student loan, taking into account their ordinary seamen job and their future job as a lathe operator
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $28,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Hang needed a debt consolidation loan to pay for their existing student loan and their loan shark loan. Hang was able to find a student loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 2.2%.
Hang was declined by American Exchange Bank 5 times prior to being approved by Stroud National Bank at 300 West Main
On June 2, 2010, Hang inquired about borrowing $2,000 from The Bank of Red Oak with Vannesa, their friend from just outside Stroud, and even with the co-signer, Hang was rejected for this student loan. With bad credit, it can be difficult to procure funding, even with collateral and a co-signer.
Fast Loans for Hang in Stroud, Oklahoma to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Stroud, Oklahoma aren’t actually that difficult to obtain, particularly if you have some gumption like Hang. Hang was able to find a fast loan for $140000 from High Plains Bank and United Oklahoma Bank, but declined both offers in favor of their student loan from Stroud National Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. A big difference in the case that you are on the go.
Multiple previous requests for credit have been made by Hang in the past, including one from Bank of West Memphis in Stroud, Oklahoma before Hang was accepted for the $140000 by Stroud National Bank
Hang made 8 previous tries to obtain a student loan, 2 of which were with Bank of West Memphis, a lender in Stroud, Oklahoma known to specialize in student loans specifically. Prior to finding Stroud National Bank, Hang was desperate due to their inexperience and bad credit score.
When Hang was 23, they attempted to obtain a student loan from 6 different banks, which harmed their credit score. Below is a list of Hang’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on August 6, 2009
- Attempt 2) Loan for $24,000.00 on March 9, 2009
- Attempt 3) Loan for $20,000.00 on August 28, 2012
- Attempt 4) Loan for $22,000.00 on August 29, 2010
- Attempt 5) Loan for $23,000.00 on May 13, 2010
- Attempt 6) Loan for $29,000.00 on September 25, 2012
Personal Loan for an ordinary seamen named Hang in Stroud, Oklahoma to Pay Off AeroMexico Visa Signature Card
Hang had a tonne of credit card debt on their Oregon-California Trails Association Visa Card and their AAA Cash Rewards MasterCard, and they were starting to get in over their heads. Despite Hang’s job as an ordinary seamen, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Hang’s Transunion score was altered by the student loan loan, changing to 452 from 465, which is typical in our experience.
Conclusion of Hang’s student loan
In the end, Hang was able to find a student loan for $140000 with an interest rate of 7.8% interest APR from Stroud National Bank in Stroud, Oklahoma repayable over 15 years from today.