$75000 Unsecured Loan – Pine Bluff Arkansas, Credit Score Of 519
- Experian: 538 – This individual had a fair Experian rating
- Transunion: 504 – Wayne had a fair credit score with Transunion.
- Equifax: Wayne’s Experian score was 519, which is a fair credit rating with the Experian scale.
Wayne’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their chemistry professor job and their future career as an utility meter reader
Contact Details for Boatmen’s National Bank of Pine Bluff, the provider of this unsecured loan
- Boatmen’s National Bank of Pine Bluff
- City: Pine Bluff
- State: Arkansas
- Address: 120 West 5th Avenue
- County: Jefferson
- Zip code: 71601
When Wayne was 24, they attempted to obtain a student loan from 7 different banks, which harmed their credit rating. Below is a list of Wayne’s previous attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on July 14, 2009
- Attempt 2) Loan for $38,000.00 on July 22, 2010
- Attempt 3) Loan for $30,000.00 on March 21, 2013
- Attempt 4) Loan for $33,000.00 on January 1, 2012
- Attempt 5) Loan for $26,000.00 on July 16, 2012
- Attempt 6) Loan for $24,000.00 on January 16, 2009
- Attempt 7) Loan for $38,000.00 on August 22, 2011
- Full name (Changed if requested): Wayne Senseman
- Current Credit: loans.hit.utils.Fico@de0a01f
- Current City: Pine Bluff
- State: Arkansas
- Zip code: 71610
- Yearly income: $57,000
- Current Job: chemistry professor
- Current County: Jefferson
- Goal Yearly Income: $107,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
Previous requests on Wayne’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$63290.00||5||10.7%||$1366.63||Bank of Weiner||December 16, 2008|
|$63460.00||5||8.5%||$1301.98||Horizon Bank||May 3, 2010|
|$63470.00||9||6.8%||$787.36||Warren Bank and Trust Company||August 26, 2010|
|$63200.00||6||5.7%||$1038.48||Boatmen’s Bank of Northeast Arkansas||August 1, 2011|
Signature Loan acquired in Pine Bluff, Arkansas for $75000 with fair credit by Wayne
Many clients have difficulty with finding signature loans in Pine Bluff, Arkansas, and Wayne is no exception. Wayne went to 7 lenders or more prior to settling on Boatmen’s National Bank of Pine Bluff, who offered Wayne a signature loan for $75000. Typical signature loans simply require a client, like Wayne’s signature to get them, up to $42,000 in some cases. Wayne was able to get $75000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans don’t need collateral, these loans tend to need higher credit, as high as 768
Multiple past requests for credit have been made by Wayne in the past, including one from Security Federal Savings, FSB in Pine Bluff, Arkansas before Wayne was accepted for the $75000 by Boatmen’s National Bank of Pine Bluff
Wayne made 6 previous tries to obtain an unsecured loan, 2 of which were with Security Federal Savings, FSB, a lending institution in Pine Bluff, Arkansas known to specialize in unsecured loans specifically. Prior to finding Boatmen’s National Bank of Pine Bluff, Wayne was very concerned due to their inexperience and fair credit rating.
Fast Loans for Wayne in Pine Bluff, Arkansas to prevent bankruptcy or harm from debt collectors.
Fast loans in Pine Bluff, Arkansas aren’t actually that difficult to obtain, particularly if you have some gumption like Wayne. Wayne was able to find a fast loan for $75000 from Peoples Bank and Loan Co. and Warren Bank and Trust Company, but declined both offers in favor of their unsecured loan from Boatmen’s National Bank of Pine Bluff. 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 6 weeks for personal loans. An improvement in the case that a borrower is in a pinch.
Wayne has a disappointing current yearly income, but has several of prospects
Wayne has always wanted to be an utility meter reader, but would need attend University of Nebraska at Kearney again to achieve it. Wayne has other possibilities as well, including psychiatric aide, public relations specialist, and market research analyst, which pay $58,000 through to $94,000 per year, at least. Because of this, we think that Wayne can pay for this unsecured loan of $75000.
Paraphrased and Standardized Quote from Wayne for this unsecured loan of $75000, provided by Boatmen’s National Bank of Pine Bluff
Hi, I am Wayne and I’m from Pine Bluff in Arkansas. Jefferson, county is where I grew up, and now I need a unsecured loan in Arkansas for $75000 to renovate my home. It wasn’t easy, but Boatmen’s National Bank of Pine Bluff really came through for me with this loan for 10.0% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Boatmen’s National Bank of Pine Bluff for giving me a chance and my fair credit. It look me 8 years to create my credit to 519, and I won’t tarnish it any future. I’m happy with Find Texas Loans for helping me this far.
Installment loan for Wayne, a graduate of University of Nebraska at Kearney and a chemistry professor working for over $71,000 per year
Wayne, an alumnus at University of Nebraska at Kearney and a chemistry professor in Pine Bluff, Arkansas wants an unsecured loan to purchase something frivolous. Wayne has instead decided to obtain an installment loan for $6,000 and is at present seeking lenders like Signature Bank of Arkansas to provide it.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans range from $35,000.00 to $47,000.00. They are normally used to pay off existing high interest loans like credit cards. Wayne needed a debt consolidation loan to pay for their existing unsecured loan and their loan shark loan. Wayne was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your dirty, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.3%.
Wayne was rejected by Bank of Delight 4 times before being accepted by Boatmen’s National Bank of Pine Bluff at 120 West 5th Avenue
On June 25, 2010, Wayne applied about borrowing $10,000 from The Security Bank with Wenona, their in law from just outside Pine Bluff, and even with the co-signer, Wayne was rejected for this unsecured loan. With fair credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Wayne’s Transunion score was changed by the unsecured loan loan, changing to 504 from 519, which is typical in our experience.
Personal Loan for a chemistry professor named Wayne in Pine Bluff, Arkansas to Pay Off Fifth Third Real Life Rewards Credit Card
Wayne had a lot of credit card debt on their BankFIRST Young Adult Visa Card and their Payoneer CashLynk Prepaid MasterCard, and they were starting to get in over their heads. Despite Wayne’s job as a chemistry professor, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Before applying for this unsecured loan, Wayne had an Experian score of 538, which is fair, so Boatmen’s National Bank of Pine Bluff likely cannot provide Wayne an unsecured loan
9 Months in the Past, Wayne Attempted to Find a High Risk Loan for $48,000.00, and it was Easy
It is an ongoing 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 scary to borrowers like Wayne. Wayne decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit clients. Clients with credit ratings as low as 545 can apply for a high risk loan and may be be approved.
Conclusion of Wayne’s unsecured loan
In the end, Wayne was able to find an unsecured loan for $75000 with an interest rate of 11.3% interest APR from Boatmen’s National Bank of Pine Bluff in Pine Bluff, Arkansas repayable over 19 years from today.