$102000 Fast Loan – Waxahachie Texas, Credit Rating Of 599
- Experian: 613 – This client had a fair Experian score
- Transunion: 587 – Melynda had a fair credit rating with Transunion.
- Equifax: Melynda’s Experian score was 599, which is a fair credit rating using the Experian scale.
Fast Loans for Melynda in Waxahachie, Texas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Waxahachie, Texas aren’t actually that difficult to obtain, particularly if you have some gumption like Melynda. Melynda was able to find a fast loan for $102000 from The Bank and Trust, S.S.B. and Arrowhead Bank, but turned down both offers in favor of their fast loan from Ellis County Savings 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. An improvement in the case that a borrower is on the go.
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $21,000.00 to $44,000.00. They are typically used to pay off existing high interest loans like credit cards. Melynda required a debt consolidation loan to pay for their existing fast loan and their credit card. Melynda was able to find a fast loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which converts your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates as low as 2.8%.
Installment loan for Melynda, a graduate of Irish American University and a family practitioner working for over $73,000 per year
Melynda, an alumnus at Irish American University and a family practitioner in Waxahachie, Texas wants a fast loan to purchase something frivolous. Melynda has instead decided to get an installment loan for $19,000 and is currently seeking lenders like First RepublicBank Forney to process their request.
Contact Details for Ellis County Savings Association, the provider of this fast loan
- Ellis County Savings Association
- City: Waxahachie
- State: Texas
- Address: 400 Ferris Ave
- County: Ellis
- Zip code: 75165
Previous requests on Melynda’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$105140.00||7||10.4%||$1767.26||Comerica Bank||July 20, 2011|
|$104700.00||8||9.6%||$1566.66||First Star Bank, S.S.B.||July 19, 2013|
|$105230.00||3||8.6%||$3326.73||Brownfield State Bank & Trust Co.||October 14, 2013|
|$105110.00||3||8.8%||$3332.69||First Bank & Trust, Bryan, Texas||December 29, 2013|
Multiple previous requests for credit have been made by Melynda in the past, including one from The Bank of New York in Waxahachie, Texas before Melynda was accepted for the $102000 by Ellis County Savings Association
Melynda made 4 previous tries to obtain a fast loan, 2 of which were with The Bank of New York, a bank in Waxahachie, Texas known to specialize in fast loans specifically. Prior to finding Ellis County Savings Association, Melynda was very concerned due to their inexperience and fair credit rating.
Melynda’s Overall FICO score at the time of acceptance for a fast loan, taking into account their family practitioner job and their future career as an orthodontic laboratory technician
- Full name (Changed if requested): Melynda Brite
- Current Credit: loans.hit.utils.Fico@3fa77460
- Current City: Waxahachie
- State: Texas
- Zip code: 75169
- Yearly income: $63,000
- Current Job: family practitioner
- Current County: Ellis
- Goal Yearly Income: $110,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
When Melynda was 20, they tried to obtain a student loan from 7 alternate banks, which damaged their credit score. Below is a chronology of Melynda’s prior attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on February 23, 2011
- Attempt 2) Loan for $26,000.00 on March 14, 2013
- Attempt 3) Loan for $27,000.00 on July 7, 2010
- Attempt 4) Loan for $22,000.00 on March 2, 2009
- Attempt 5) Loan for $22,000.00 on December 26, 2009
- Attempt 6) Loan for $31,000.00 on November 4, 2013
- Attempt 7) Loan for $29,000.00 on January 8, 2012
Personal Loan for a family practitioner named Melynda in Waxahachie, Texas to Pay Off Peebles Credit Card
Melynda had a tonne of credit card debt on their Giant Eagle Fuelperks! Credit Card and their Merrill Lynch Business Signature Rewards, and they were starting to get in over their heads. Despite Melynda’s job as a family practitioner, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan found in Waxahachie, Texas for $102000 with fair credit by Melynda
A lot of prospective borrowers have difficulty with obtaining signature loans in Waxahachie, Texas, and Melynda is the same. Melynda went to 7 lenders or more before settling on Ellis County Savings Association, who offered Melynda a signature loan for $102000. Typical signature loans simply require a client, like Melynda’s signature to obtain them, up to $23,000 in some cases. Melynda was able to get $102000 as a fast loan, which is very high for a fast loan. Because signature loans don’t require collateral, these loans tend to need improved credit, as high as 730
Melynda was declined by First RepublicBank Clifton 5 times prior to being granted funding by Ellis County Savings Association at 400 Ferris Ave
On November 2, 2009, Melynda applied about borrowing $23,000 from Guaranty Bank & Trust, N.A. with Sharon, their in law from just outside Waxahachie, and even with the co-signer, Melynda was rejected for this fast loan. With fair credit, it can be difficult to procure funding, even with collateral and a co-signer.
Melynda has a low current total income, but has a high number of prospects
Melynda has always wanted to be an orthodontic laboratory technician, but would need attend Irish American University again to become one. Melynda has other prospects as well, including recreational protective service worker, criminal justice professor, and hand sewer, which pay $56,000 through to $98,000 per year, on average. Because of this, we think that Melynda can afford this fast loan of $102000.
Melynda’s Transunion score was altered by the fast loan loan, changing to 587 from 599, which is normal in our experience.
Before applying for this fast loan, Melynda had an Experian score of 613, which is fair, so Ellis County Savings Association likely cannot provide Melynda a fast loan
6 Months in the Past, Melynda Attempted to Find a High Risk Loan for $24,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Melynda. Melynda decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Borrowers with credit ratings as low as 536 can apply for a high risk loan and possibly can be accepted.
Paraphrased and Standardized Quote from Melynda for this fast loan of $102000, provided by Ellis County Savings Association
Hello, I am Melynda and my hometown is Waxahachie in Texas. Ellis, county is where I grew up, and now I need a fast loan in Texas for $102000 to renovate my home. It wasn’t easy, but Ellis County Savings Association really came through for me with this loan for 11.0% interest APR and a term of 18 years. I can probably repay the loan over the 18 year term, including interest. A big thanks to Ellis County Savings Association for trusting me and my fair credit. It look me 5 years to build my credit to 599, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.
Conclusion of Melynda’s fast loan
In the end, Melynda was able to find a fast loan for $102000 with an interest rate of 5.8% interest APR from Ellis County Savings Association in Waxahachie, Texas repayable over 18 years from now.