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Auto Loan For $90000 Near 67301, Kansas With A Credit Score Of 461

$90000 Auto Loan – Independence Kansas, Credit Rating Of 461

  • Experian: 479 – They had a bad Experian rating
  • Transunion: 449 – Richelle had a bad credit score with Transunion.
  • Equifax: Richelle’s Experian score was 461, which is a bad credit rating on the Experian system.

Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Most debt consolidation loans vary from $34,000.00 to $51,000.00. They are mainly used to pay off existing high interest loans like credit cards. Richelle required a debt consolidation loan to pay for their existing auto loan and their loan shark loan. Richelle was able to find a auto loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your bad, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.8%.

Previous requests on Richelle’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$75660.00 6 9.4% $1378.88 Citizens Bank and Trust Company October 12, 2010
$76250.00 7 11.1% $1309.6 The Morrill and Janes Bank and Trust Company May 19, 2014
$76240.00 8 5.8% $994.49 The Citizens State Bank, Liberal, Kansas August 23, 2014
$76270.00 9 10.3% $1086.21 Citizens State Bank March 21, 2015
$76100.00 3 5.3% $2291.05 The Peoples Bank March 31, 2015

Before applying for this auto loan, Richelle had an Experian score of 479, which is bad, so FirstOak Bank likely cannot provide Richelle an auto loan

Experian Score: 479

Richelle has a sad current total income, but has a large amount of prospects

Richelle has always wanted to be a food batchmaker, but would need attend Metropolitan State University again to achieve it. Richelle has other prospects as well, including airline flight control administrator, industrial relations analyst, and computer and information scientists, which pay $57,000 through to $105,000 per year, on average. For this reason, we think that Richelle can afford this auto loan of $90000.

Signature Loan acquired in Independence, Kansas for $90000 with bad credit by Richelle

A lot of borrowers have difficulty with finding signature loans in Independence, Kansas, and Richelle is no exception. Richelle went to 6 lenders or more before settling on FirstOak Bank, who offered Richelle a signature loan for $90000. Most signature loans simply require a client, like Richelle’s signature to obtain them, up to $37,000 in some cases. Richelle was able to get $90000 as a auto loan, which is very high for an auto loan. Since signature loans don’t require a cosigner, these loans generally require improved credit, as high as 739

8 Months in the Past, Richelle Attempted Finding a High Risk Loan for $42,000.00, but They Didn’t Find What They were Expecting

It is an well known struggle for clients to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Richelle. Richelle chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Clients with credit scores as low as 508 can inquire for a high risk loan and possibly can be approved.

Client Profile: Richelle Saia of Independence, Kansas
  • Full name (Changed if requested): Richelle Saia
  • Current Credit: loans.hit.utils.Fico@5e8c92f4
  • Current City: Independence
  • State: Kansas
  • Zip code: 67309
  • Yearly income: $33,000
  • Current Job: sales representative
  • Current County: Montgomery
  • Goal Yearly Income: $141,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000

Fast Loans for Richelle in Independence, Kansas to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Independence, Kansas aren’t actually that difficult to obtain, particularly if you have some finesse like Richelle. Richelle was able to find a fast loan for $90000 from Alterra Bank and The Farmers State Bank of Oakley, Kansas, but turned down both offers in favor of their auto loan from FirstOak Bank. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big difference if a borrower is in a pinch.

Richelle’s Overall FICO score at the time of acceptance for an auto loan, taking into account their sales representative job and their future job as a food batchmaker

Fico Score: 461

Several past requests for credit have been made by Richelle in the past, including one from CenBank in Independence, Kansas before Richelle was approved for the $90000 by FirstOak Bank

Richelle made 5 previous tries to obtain an auto loan, 2 of which were with CenBank, a lender in Independence, Kansas known to specialize in auto loans specifically. Before finding FirstOak Bank, Richelle was concerned due to their inexperience and bad credit rating.

Paraphrased and Standardized Quote from Richelle for this auto loan of $90000, provided by FirstOak Bank

Hi, I am Richelle and I am from Independence in Kansas. Montgomery, county is where I grew up, and now I need a auto loan in Kansas for $90000 to buy a car. It has been difficult, but FirstOak Bank really came through for me with this loan for 8.5% interest APR and a term of 9 years. I will repay the loan over the 9 year term, including interest. A big thanks to FirstOak Bank for giving me a chance and my bad credit. It look me 4 years to create my credit to 461, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.

Contact Details for FirstOak Bank, the provider of this auto loan

  • FirstOak Bank
  • City: Independence
  • State: Kansas
  • Address: 113 North Penn Avenue
  • County: Montgomery
  • Zip code: 67301

Installment loan for Richelle, a graduate of Metropolitan State University and a sales representative working for over $60,000 per year

Richelle, an alumnus at Metropolitan State University and a sales representative in Independence, Kansas wants an auto loan to purchase a house. Richelle has instead decided to obtain an installment loan for $4,000 and is currently seeking lenders like First Kansas Bank and Trust Company to provide it.

Richelle was declined by The Victory State Bank 6 times prior to being accepted by FirstOak Bank at 113 North Penn Avenue

On December 27, 2012, Richelle applied about borrowing $32,000 from Citizens Bank and Trust Company with Gaynell, their friend from just outside Independence, and even with the co-signer, Richelle was rejected for this auto loan. With bad credit, it can be challenging to obtain financing, even with collateral and a co-signer.

When Richelle was 19, they tried to obtain a student loan from 6 different banks, which damaged their credit rating. Below is a list of Richelle’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $20,000.00 on October 30, 2008
  • Attempt 2) Loan for $38,000.00 on January 25, 2011
  • Attempt 3) Loan for $35,000.00 on January 26, 2013
  • Attempt 4) Loan for $24,000.00 on February 9, 2010
  • Attempt 5) Loan for $29,000.00 on October 29, 2012
  • Attempt 6) Loan for $27,000.00 on May 30, 2012

Personal Loan for a sales representative named Richelle in Independence, Kansas to Pay Off Wells Fargo Rewards Visa Card

Richelle had a tonne of credit card debt on their Diamond Resorts International MasterCard and their Staples Business Credit Card-Revolving, and they were starting to get in over their heads. Despite Richelle’s job as a sales representative, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Richelle’s Transunion score was changed by the auto loan loan, changing to 449 from 461, which is normal in our experience.

Transunion Score: 449

Conclusion of Richelle’s auto loan

In the end, Richelle was able to find an auto loan for $90000 with an interest rate of 10.8% interest APR from FirstOak Bank in Independence, Kansas repayable over 9 years from now.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.