$76000 Unsecured Loan – Bay City Texas, Credit Score Of 461
- Experian: 480 – The client had a bad Experian score
- Transunion: 449 – Jerlene had a bad credit score with Transunion.
- Equifax: Jerlene’s Experian score was 461, which is a bad credit rating with the Experian rating scheme.
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $29,000.00 to $54,000.00. They are mainly used to pay off existing high interest loans like credit cards. Jerlene needed a debt consolidation loan to pay for their existing unsecured loan and their credit card. Jerlene was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 2.1%.
Jerlene has a low current total income, but has a high number of prospects
Jerlene has always wanted to be a highway patrol pilot, but would need attend Buena Vista University again to become one. Jerlene has other prospects as well, including social worker, child support services worker, and agricultural crop farm manager, which pay $59,000 through to $92,000 per year, at least. For this reason, we think that Jerlene can afford this unsecured loan of $76000.
Personal Loan for a radio & tv program director named Jerlene in Bay City, Texas to Pay Off Farm Bureau Bank World MasterCard
Jerlene had a tonne of credit card debt on their KeyBank Business MasterCard Credit Card and their Gulf Platinum MasterCard, and they were starting to get in over their heads. Despite Jerlene’s job as a radio & tv program director, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan easily acquired in Bay City, Texas for $76000 with bad credit by Jerlene
A lot of borrowers struggle with obtaining signature loans in Bay City, Texas, and Jerlene is no different. Jerlene went to 8 lending institutions or more before finding Bay City Bank & Trust Co., who offered Jerlene a signature loan for $76000. Typical signature loans simply require a client, like Jerlene’s signature to get them, up to $37,000 in some cases. Jerlene was able to get $76000 as a unsecured loan, which is very high for an unsecured loan. Because signature loans do not require a cosigner, they tend to require improved credit, as high as 791
Jerlene’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their radio & tv program director job and their future career as a highway patrol pilot
Installment loan for Jerlene, a graduate of Buena Vista University and a radio & tv program director working for over $60,000 per year
Jerlene, an alumnus at Buena Vista University and a radio & tv program director in Bay City, Texas needs an unsecured loan to purchase a house. Jerlene has instead decided to obtain an installment loan for $19,000 and is at present seeking lenders like MBank Greenville, National Association to provide it.
9 Months in the Past, Jerlene Tried to Find a High Risk Loan for $26,000.00, and it was Easy
There is an existing struggle for borrowers 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 Jerlene. Jerlene chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit individuals. Borrowers with credit ratings as low as 332 can inquire for a high risk loan and have a chance to be approved.
When Jerlene was 20, they tried to obtain a student loan from 4 different banks, which harmed their credit score. Below is a chronology of Jerlene’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on August 8, 2012
- Attempt 2) Loan for $33,000.00 on December 29, 2010
- Attempt 3) Loan for $27,000.00 on May 5, 2010
- Attempt 4) Loan for $24,000.00 on March 5, 2009
Contact Details for Bay City Bank & Trust Co., the provider of this unsecured loan
- Bay City Bank & Trust Co.
- City: Bay City
- State: Texas
- Address: 1900 Seventh Street
- County: Matagorda
- Zip code: 77414
Previous requests on Jerlene’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $36290.00 | 4 | 11.7% | $950.32 | Comerica Bank | July 29, 2010 |
| $35540.00 | 10 | 8.3% | $436.85 | First Star Bank, S.S.B. | May 28, 2014 |
| $36430.00 | 10 | 9.2% | $465.43 | Brownfield State Bank & Trust Co. | October 29, 2014 |
| $36120.00 | 10 | 8.7% | $451.71 | First Bank & Trust, Bryan, Texas | February 3, 2015 |
Before applying for this unsecured loan, Jerlene had an Experian score of 480, which is bad, so Bay City Bank & Trust Co. likely cannot provide Jerlene an unsecured loan
Several previous requests for credit have been made by Jerlene in the past, including one from Key Bank of Eastern Maine in Bay City, Texas before Jerlene was approved for the $76000 by Bay City Bank & Trust Co.
Jerlene made 5 prior attempts to obtain an unsecured loan, 2 of which were with Key Bank of Eastern Maine, a bank in Bay City, Texas known to specialize in unsecured loans specifically. Prior to finding Bay City Bank & Trust Co., Jerlene was very concerned due to their inexperience and bad credit rating.
Jerlene was not approved by First Bank & Trust of Clarendon 5 times prior to being approved by Bay City Bank & Trust Co. at 1900 Seventh Street
On December 31, 2009, Jerlene inquired about borrowing $25,000 from First Star Bank, S.S.B. with Tora, their friend from just outside Bay City, and even with the co-signer, Jerlene was rejected for this unsecured loan. With bad credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Jerlene’s Transunion score was altered by the unsecured loan loan, changing to 449 from 461, which is normal in our experience.
Paraphrased and Standardized Quote from Jerlene for this unsecured loan of $76000, provided by Bay City Bank & Trust Co.
Hello, I am Jerlene and my hometown is Bay City in Texas. Matagorda, county is where I grew up, and now I need a unsecured loan in Texas for $76000 to renovate my home. It wasn’t easy, but Bay City Bank & Trust Co. really came through for me with this loan for 7.3% interest APR and a term of 3 years. I can repay the loan over the 3 year term, including interest. A big thanks to Bay City Bank & Trust Co. for trusting me and my bad credit. It look me 4 years to create my credit to 461, and I won’t tarnish it any more. I’m happy with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Jerlene Tzeremes
- Current Credit: loans.hit.utils.Fico@5fe5c6f
- Current City: Bay City
- State: Texas
- Zip code: 77420
- Yearly income: $39,000
- Current Job: radio & tv program director
- Current County: Matagorda
- Goal Yearly Income: $94,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Fast Loans for Jerlene in Bay City, Texas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Bay City, Texas aren’t actually that difficult to obtain, especially if you have some gumption like Jerlene. Jerlene was able to find a fast loan for $76000 from Commercial State Bank and First Star Bank, S.S.B., but turned down both offers in favor of their unsecured loan from Bay City Bank & Trust Co.. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big improvement in the case that you are on the go.
Conclusion of Jerlene’s unsecured loan
In the end, Jerlene was able to find an unsecured loan for $76000 with an interest rate of 5.3% interest APR from Bay City Bank & Trust Co. in Bay City, Texas repayable over 3 years from now.
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