$98000 Student Loan – Texarkana Texas, Credit Score Of 514
- Experian: 528 – This individual had a fair Experian score
- Transunion: 502 – Herta had a fair credit score with Transunion.
- Equifax: Herta’s Experian score was 514, which is a fair credit score using the Experian system.
- Full name (Changed if requested): Herta Kortkamp
- Current Credit: loans.hit.utils.Fico@65ae6ba4
- Current City: Texarkana
- State: Texas
- Zip code: 75504
- Yearly income: $59,000
- Current Job: mapping technician
- Current County: Bowie
- Goal Yearly Income: $87,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Fast Loans for Herta in Texarkana, Texas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Texarkana, Texas aren’t actually that difficult to obtain, especially if you have some finesse like Herta. Herta was able to find a fast loan for $98000 from First Bank & Trust of Clarendon and First Bank & Trust of Clarendon, but declined both offers in favor of their student loan from Commercial National Bank of Texarkana. The improvement 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. Much better if you are in a pinch.
Previous requests on Herta’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$103430.00||5||7.7%||$2082.37||Comerica Bank||November 26, 2012|
|$103270.00||6||7.1%||$1765.61||First Star Bank, S.S.B.||July 27, 2014|
|$102870.00||3||11.8%||$3406.94||Brownfield State Bank & Trust Co.||December 29, 2014|
|$102890.00||10||7.6%||$1226.7||First Bank & Trust, Bryan, Texas||March 10, 2015|
Signature Loan found in Texarkana, Texas for $98000 with fair credit by Herta
Most borrowers struggle with obtaining signature loans in Texarkana, Texas, and Herta is no exception. Herta went to 7 lenders or more prior to finding Commercial National Bank of Texarkana, who offered Herta a signature loan for $98000. Most signature loans simply require a client, like Herta’s signature to get them, up to $43,000 in some cases. Herta was able to get $98000 as a student loan, which is very high for a student loan. Because signature loans do not need a cosigner, they generally require better credit, as high as 776
Installment loan for Herta, a graduate of Thomas M. Cooley Law School and a mapping technician working for over $78,000 per year
Herta, an alumnus at Thomas M. Cooley Law School and a mapping technician in Texarkana, Texas wants a student loan to purchase something frivolous. Herta has instead chosen to obtain an installment loan for $11,000 and is currently seeking lenders like Silsbee State Bank to process their request.
Many other requests for credit have been made by Herta in the past, including one from First State Bank of Round Lake in Texarkana, Texas before Herta was approved for the $98000 by Commercial National Bank of Texarkana
Herta made 6 prior attempts to obtain a student loan, 2 of which were with First State Bank of Round Lake, a lending institution in Texarkana, Texas known to specialize in student loans specifically. Prior to finding Commercial National Bank of Texarkana, Herta was very concerned due to their inexperience and fair credit score.
Herta has a sad current total income, but has a large amount of prospects
Herta has always wanted to be an environmental technician, but would need attend Thomas M. Cooley Law School again to achieve it. Herta has other prospects as well, including excavating supervisor, railroad inspector, and orthodontic assistant, which pay $51,000 through to $105,000 per year, at least. Because of this, we believe that Herta can afford this student loan of $98000.
Paraphrased and Standardized Quote from Herta for this student loan of $98000, provided by Commercial National Bank of Texarkana
Hi, I am Herta and I’m from Texarkana in Texas. Bowie, county is where I grew up, and now I need a student loan in Texas for $98000 to pay bills. It has been difficult, but Commercial National Bank of Texarkana really came through for me with this loan for 9.5% interest APR and a term of 4 years. I will repay the loan over the 4 year term, including interest. A big thanks to Commercial National Bank of Texarkana for giving me a chance and my fair credit. It look me 8 years to create my credit to 514, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.
Contact Details for Commercial National Bank of Texarkana, the provider of this student loan
- Commercial National Bank of Texarkana
- City: Texarkana
- State: Texas
- Address: 5515 Summerhill Road
- County: Bowie
- Zip code: 75503
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $30,000.00 to $54,000.00. They are mainly used to pay off existing high interest loans like credit cards. Herta needed a debt consolidation loan to pay for their existing student loan and their loan shark loan. Herta was able to find a student loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 4.6%.
Personal Loan for a mapping technician named Herta in Texarkana, Texas to Pay Off Arvest Elite Corporate Visa
Herta had a lot of credit card debt on their GAP Inc Visa Card and their Oregon-California Trails Association Visa Card, and they were starting to get in over their heads. Despite Herta’s job as a mapping technician, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Herta was 21, they tried to obtain a student loan from 6 alternate lenders, which harmed their credit score. Below is a chronology of Herta’s prior attempts at finding a student loan:
- Attempt 1) Loan for $27,000.00 on September 12, 2010
- Attempt 2) Loan for $29,000.00 on December 22, 2008
- Attempt 3) Loan for $21,000.00 on April 28, 2013
- Attempt 4) Loan for $37,000.00 on November 3, 2013
- Attempt 5) Loan for $29,000.00 on August 12, 2009
- Attempt 6) Loan for $29,000.00 on August 9, 2013
Herta’s Transunion score was changed by the student loan loan, changing to 502 from 514, which is typical in our experience.
7 Months in the Past, Herta Tried to Find a High Risk Loan for $31,000.00, and it was Hard
It is an existing 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 Herta. Herta chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Individuals with credit scores as low as 387 can inquire for a high risk loan and may be be accepted.
Before applying for this student loan, Herta had an Experian score of 528, which is fair, so Commercial National Bank of Texarkana likely cannot provide Herta a student loan
Herta’s Overall FICO score at the time of acceptance for a student loan, taking into account their mapping technician job and their future career as an environmental technician
Herta was declined by Commercial Bank of Texas, National Association 6 times prior to being accepted by Commercial National Bank of Texarkana at 5515 Summerhill Road
On February 22, 2011, Herta applied about borrowing $14,000 from Guaranty Bank & Trust Company with Zenaida, their friend from just outside Texarkana, and even with the co-signer, Herta was rejected for this student loan. With fair credit, it can be very hard to procure financing, even with collateral and a co-signer.
Conclusion of Herta’s student loan
In the end, Herta was able to find a student loan for $98000 with an interest rate of 6.7% interest APR from Commercial National Bank of Texarkana in Texarkana, Texas repayable over 4 years from today.