$80000 High Risk Loan – Glenrock Wyoming, Credit Rating Of 344
- Experian: 359 – They had a terrible Experian score
- Transunion: 332 – Connie had a terrible credit score with Transunion.
- Equifax: Connie’s Experian score was 344, which is a terrible credit rating with the Experian rating scheme.
Personal Loan for a crane operator named Connie in Glenrock, Wyoming to Pay Off Commerce Bank Special Connections Visa
Connie had a tonne of credit card debt on their Commerce Bank Special Connections VISA with Rewards and their The Limited Classic Card, and they were starting to get in over their heads. Despite Connie’s job as a crane operator, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
- Full name (Changed if requested): Connie Casis
- Current Credit: loans.hit.utils.Fico@3581c5f3
- Current City: Glenrock
- State: Wyoming
- Zip code: 82644
- Yearly income: $48,000
- Current Job: crane operator
- Current County: Converse
- Goal Yearly Income: $131,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
9 Months Ago, Connie Tried Finding a High Risk Loan for $20,000.00, and it was Hard
There is an well known struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Connie. Connie decided not to get a high risk loan this time. High Risk loans are given to very low credit clients. Clients with credit ratings as low as 566 can inquire for a high risk loan and may be be approved.
Fast Loans for Connie in Glenrock, Wyoming to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Glenrock, Wyoming aren’t actually that difficult to obtain, particularly if you have some finesse like Connie. Connie was able to find a fast loan for $80000 from First National Bank, Torrington and Farmers State Bank, but turned down both offers in favor of their high risk loan from First National Bank of Glenrock. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. An improvement if a client is on the go.
Paraphrased and Standardized Quote from Connie for this high risk loan of $80000, provided by First National Bank of Glenrock
Hi, I am Connie and my hometown is Glenrock in Wyoming. Converse, county is where I grew up, and now I need a high risk loan in Wyoming for $80000 to renovate my home. It wasn’t easy, but First National Bank of Glenrock really came through for me with this loan for 11.8% 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 First National Bank of Glenrock for giving me a chance and my terrible credit. It look me 4 years to create my credit to 344, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
Connie’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their crane operator job and their future job as an animal kennel supervisor
Connie has a very low current total income, but has several of prospects
Connie has always wanted to be an animal kennel supervisor, but would need attend Madigan Army Medical Center/Ft. Lewis Dental Activity Advanced Education in General Dentistry 12 Months again to become one. Connie has other prospects as well, including textile designer, farm labor contractor, and nuclear medicine technologist, which pay $50,000 through to $102,000 per year, on average. For this reason, we believe that Connie can pay for this high risk loan of $80000.
Installment loan for Connie, a graduate of Madigan Army Medical Center/Ft. Lewis Dental Activity Advanced Education in General Dentistry 12 Months and a crane operator working for over $61,000 per year
Connie, an alumnus at Madigan Army Medical Center/Ft. Lewis Dental Activity Advanced Education in General Dentistry 12 Months and a crane operator in Glenrock, Wyoming needs a high risk loan to purchase a car. Connie has instead decided to get an installment loan for $26,000 and is currently seeking lenders like Saratoga State Bank to process their request.
Before applying for this high risk loan, Connie had an Experian score of 359, which is terrible, so First National Bank of Glenrock most likely cannot provide Connie a high risk loan
Connie’s Transunion score was changed by the high risk loan loan, changing to 332 from 344, which is normal in our experience.
Contact Details for First National Bank of Glenrock, the provider of this high risk loan
- First National Bank of Glenrock
- City: Glenrock
- State: Wyoming
- Address: 313 South Fourth Street
- County: Converse
- Zip code: 82637
Signature Loan easily acquired in Glenrock, Wyoming for $80000 with terrible credit by Connie
Many prospective borrowers struggle with finding signature loans in Glenrock, Wyoming, and Connie is no different. Connie went to 6 lending institutions or more before finding First National Bank of Glenrock, who offered Connie a signature loan for $80000. Most signature loans simply require a client, like Connie’s signature to obtain them, up to $28,000 in some cases. Connie was able to get $80000 as a high risk loan, which is very high for a high risk loan. Since signature loans do not require a cosigner, these loans generally need higher credit, as high as 784
When Connie was 18, they tried to obtain a student loan from 7 different lenders, which damaged their credit score. Below is a list of Connie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $30,000.00 on July 27, 2009
- Attempt 2) Loan for $39,000.00 on November 24, 2010
- Attempt 3) Loan for $28,000.00 on June 18, 2011
- Attempt 4) Loan for $27,000.00 on September 28, 2009
- Attempt 5) Loan for $32,000.00 on July 17, 2013
- Attempt 6) Loan for $37,000.00 on December 10, 2013
- Attempt 7) Loan for $35,000.00 on September 6, 2013
Previous requests on Connie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$9640.00||9||8.4%||$127.51||The Jackson State Bank||December 29, 2011|
|$10460.00||3||6.7%||$321.54||FirsTier Bank, Wyoming||May 30, 2013|
|$9610.00||9||5.4%||$112.54||First Interstate Bank||December 31, 2013|
|$10220.00||9||10.5%||$146.67||Saratoga State Bank||October 17, 2014|
|$10380.00||4||5.5%||$241.4||Farmers State Bank||November 20, 2014|
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans vary from $21,000.00 to $53,000.00. They are mainly used to pay off existing high interest loans like credit cards. Connie needed a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Connie was able to find a high risk loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 4.8%.
Multiple previous requests for credit have been made by Connie in the past, including one from First City National Bank in Grand Prairie in Glenrock, Wyoming before Connie was accepted for the $80000 by First National Bank of Glenrock
Connie made 7 previous tries to obtain a high risk loan, 2 of which were with First City National Bank in Grand Prairie, a lending institution in Glenrock, Wyoming known to specialize in high risk loans specifically. Before finding First National Bank of Glenrock, Connie was desperate due to their inexperience and terrible credit rating.
Connie was declined by First State Bank of Newcastle 6 times prior to being approved by First National Bank of Glenrock at 313 South Fourth Street
On November 29, 2012, Connie inquired about borrowing $17,000 from Sundance State Bank with Lucille, their friend from just outside Glenrock, and even with the co-signer, Connie was rejected for this high risk loan. With terrible credit, it can be very hard to obtain financing, even with collateral and a co-signer.
Conclusion of Connie’s high risk loan
In the end, Connie was able to find a high risk loan for $80000 with an interest rate of 8.7% interest APR from First National Bank of Glenrock in Glenrock, Wyoming repayable over 18 years from now.