$58000 High Risk Loan – Convoy Ohio, Credit Score Of 327
- Experian: 338 – This individual had a terrible Experian rating
- Transunion: 314 – Tomasa had a terrible credit rating with Transunion.
- Equifax: Tomasa’s Experian score was 327, which is a terrible credit rating with the Experian rating scheme.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $31,000.00 to $52,000.00. They are mainly used to pay off existing high interest loans like credit cards. Tomasa required a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Tomasa was able to find a high risk 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 a single lower interest loan. Debt consolidation loans generally have interest rates as low as 3.5%.
Tomasa was rejected by The First National Bank of Nelsonville 4 times before being accepted by United National Bank at 112-118 South Main Street
On November 16, 2008, Tomasa inquired about borrowing $48,000 from The Fifth Third Bank with Lester, their friend from just outside Convoy, and even with the co-signer, Tomasa was rejected for this high risk loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
6 Months Ago, Tomasa Attempted to Find a High Risk Loan for $35,000.00, and it was Hard
There is an existing struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Tomasa. Tomasa chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Clients with credit ratings as low as 514 can apply for a high risk loan and possibly can be approved.
Tomasa’s Transunion score was changed by the high risk loan loan, changing to 314 from 327, which is typical in our experience.
Installment loan for Tomasa, a graduate of University of California – Davis and an admiralty lawyer working for over $78,000 per year
Tomasa, an alumnus at University of California – Davis and an admiralty lawyer in Convoy, Ohio needs a high risk loan to purchase a new cell phone. Tomasa has instead decided to get an installment loan for $17,000 and is at present seeking lenders like National City Bank, Northeast to provide it.
- Full name (Changed if requested): Tomasa Kobayashi
- Current Credit: loans.hit.utils.Fico@7d4793a8
- Current City: Convoy
- State: Ohio
- Zip code: 45839
- Yearly income: $52,000
- Current Job: admiralty lawyer
- Current County: Van Wert
- Goal Yearly Income: $96,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Fast Loans for Tomasa in Convoy, Ohio to prevent bankruptcy or harm from debt collectors.
Fast loans in Convoy, Ohio aren’t actually that difficult to obtain, especially if you have some finesse like Tomasa. Tomasa was able to find a fast loan for $58000 from National City Bank, Northeast and ShoreBank, but declined both offers in favor of their high risk loan from United National Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. An improvement if a borrower is in a pinch.
When Tomasa was 20, they attempted to obtain a student loan from 6 different banks, which damaged their credit score. Below is a list of Tomasa’s prior attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on October 11, 2009
- Attempt 2) Loan for $28,000.00 on December 23, 2010
- Attempt 3) Loan for $29,000.00 on November 11, 2012
- Attempt 4) Loan for $23,000.00 on March 20, 2009
- Attempt 5) Loan for $37,000.00 on February 13, 2009
- Attempt 6) Loan for $36,000.00 on January 24, 2010
Contact Details for United National Bank, the provider of this high risk loan
- United National Bank
- City: Convoy
- State: Ohio
- Address: 112-118 South Main Street
- County: Van Wert
- Zip code: 45832
Paraphrased and Standardized Quote from Tomasa for this high risk loan of $58000, provided by United National Bank
Hello, I am Tomasa and I am from Convoy in Ohio. Van Wert, county is where I grew up, and now I need a high risk loan in Ohio for $58000 to buy a car. It has been difficult, but United National Bank really came through for me with this loan for 7.5% interest APR and a term of 24 years. I will repay the loan over the 24 year term, including interest. A big thanks to United National Bank for trusting me and my terrible credit. It look me 4 years to build my credit to 327, and I won’t harm it any more. I’m happy with Find Texas Loans for assisting me this far.
Before applying for this high risk loan, Tomasa had an Experian score of 338, which is terrible, so United National Bank likely cannot provide Tomasa a high risk loan
Many other requests for credit have been made by Tomasa in the past, including one from Mid Kansas Federal Savings and Loan Association of Wichita in Convoy, Ohio before Tomasa was accepted for the $58000 by United National Bank
Tomasa made 7 previous tries to obtain a high risk loan, 2 of which were with Mid Kansas Federal Savings and Loan Association of Wichita, a lender in Convoy, Ohio known to specialize in high risk loans specifically. Prior to finding United National Bank, Tomasa was desperate due to their inexperience and terrible credit score.
Tomasa has a very low current total income, but has several of prospects
Tomasa has always wanted to be a reliability engineer, but would need attend University of California – Davis again to become one. Tomasa has other prospects as well, including screen writer, casino cage worker, and standards engineer, which pay $55,000 through to $92,000 per year, on average. For this reason, we think that Tomasa can afford this high risk loan of $58000.
Personal Loan for an admiralty lawyer named Tomasa in Convoy, Ohio to Pay Off Berkshire Municipal Bank Secured Visa Card
Tomasa had a lot of credit card debt on their Bank of Albuquerque Credit Cards and their Bangor Savings Bank Visa Signature Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Tomasa’s job as an admiralty lawyer, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan found in Convoy, Ohio for $58000 with terrible credit by Tomasa
Many clients have difficulty with finding signature loans in Convoy, Ohio, and Tomasa is no different. Tomasa went to 6 lenders or more before finding United National Bank, who offered Tomasa a signature loan for $58000. Most signature loans simply need a client, like Tomasa’s signature to get them, up to $46,000 in some cases. Tomasa was able to get $58000 as a high risk loan, which is very high for a high risk loan. Since signature loans do not need collateral, they tend to require higher credit, as high as 700
Previous requests on Tomasa’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$112440.00||9||5.3%||$1311.34||The Vinton Banking Company||January 6, 2011|
|$111550.00||4||9.5%||$2802.49||The Ohio Valley Bank Company||February 8, 2012|
|$111520.00||5||11.4%||$2447.02||The Citizens Bank||August 3, 2013|
|$111820.00||11||6.7%||$1199.55||The Peoples Bank||January 20, 2014|
Tomasa’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their admiralty lawyer job and their future job as a reliability engineer
Conclusion of Tomasa’s high risk loan
In the end, Tomasa was able to find a high risk loan for $58000 with an interest rate of 11.5% interest APR from United National Bank in Convoy, Ohio repayable over 24 years from now.