$148000 Secured Loan – Saint Cloud Florida, Credit Rating Of 569
- Experian: 581 – This client had a fair Experian score
- Transunion: 555 – Marx had a fair credit rating with Transunion.
- Equifax: Marx’s Experian score was 569, which is a fair credit rating on the Experian system.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans vary from $25,000.00 to $58,000.00. They are mainly used to pay off existing high interest loans like credit cards. Marx required a debt consolidation loan to pay for their existing secured loan and their loan shark loan. Marx was able to find a secured loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.5%.
9 Months Ago, Marx Tried Finding a High Risk Loan for $32,000.00, but They Didn’t Find What They were Expecting
It is an ongoing struggle for borrowers to get high risk loans in a safe manner. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Marx. Marx decided not to obtain a high risk loan this time. High Risk loans are given to very low credit borrowers. Clients with credit scores as low as 335 can apply for a high risk loan and may be be accepted.
Marx’s Transunion score was altered by the secured loan loan, changing to 555 from 569, which is typical in our experience.
Marx’s Overall FICO score at the time of acceptance for a secured loan, taking into account their foreign language translator job and their future job as a telecommunications maintenance worker
Signature Loan easily acquired in Saint Cloud, Florida for $148000 with fair credit by Marx
Many borrowers have difficulty with finding signature loans in Saint Cloud, Florida, and Marx is no different. Marx went to 8 lenders or more prior to settling on Sun Bank of Osceola County, who offered Marx a signature loan for $148000. Most signature loans simply need a client, like Marx’s signature to obtain them, up to $36,000 in some cases. Marx was able to get $148000 as a secured loan, which is very high for a secured loan. Since signature loans do not require collateral, these loans tend to require improved credit, as high as 744
Installment loan for Marx, a graduate of The Southern Baptist Theological Seminary and a foreign language translator working for over $71,000 per year
Marx, an alumnus at The Southern Baptist Theological Seminary and a foreign language translator in Saint Cloud, Florida needs a secured loan to purchase something frivolous. Marx has instead chosen to obtain an installment loan for $21,000 and is at present seeking lenders like Century National Bank of Broward to provide it.
Fast Loans for Marx in Saint Cloud, Florida to prevent bankruptcy or harm from debt collectors.
Fast loans in Saint Cloud, Florida aren’t actually that difficult to obtain, particularly if you have some gumption like Marx. Marx was able to find a fast loan for $148000 from Caribank and First Bank of Crestview, but turned down both offers in favor of their secured loan from Sun Bank of Osceola County. 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 personal loans. A big difference if a borrower is on the go.
Personal Loan for a foreign language translator named Marx in Saint Cloud, Florida to Pay Off Hawaiian Airlines Business MasterCard
Marx had a tonne of credit card debt on their RBC Visa Business Card and their Jeff Bank Visa Business Bonus Rewards Card, and they were starting to get in over their heads. Despite Marx’s job as a foreign language translator, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Multiple previous requests for credit have been made by Marx in the past, including one from Summit Bank, National Association in Saint Cloud, Florida before Marx was accepted for the $148000 by Sun Bank of Osceola County
Marx made 4 previous attempts to obtain a secured loan, 2 of which were with Summit Bank, National Association, a bank in Saint Cloud, Florida known to specialize in secured loans specifically. Before finding Sun Bank of Osceola County, Marx was concerned due to their inexperience and fair credit rating.
Marx has a sad current total income, but has several of prospects
Marx has always wanted to be a telecommunications maintenance worker, but would have to attend The Southern Baptist Theological Seminary again to become one. Marx has other possibilities as well, including highway patrol pilot, fire prevention engineer, and casting director, which pay $55,000 through to $101,000 per year, on average. For this reason, we think that Marx can pay for this secured loan of $148000.
- Full name (Changed if requested): Marx Ruggle
- Current Credit: loans.hit.utils.Fico@63c12fb0
- Current City: Saint Cloud
- State: Florida
- Zip code: 34773
- Yearly income: $58,000
- Current Job: foreign language translator
- Current County: Osceola
- Goal Yearly Income: $139,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Paraphrased and Standardized Quote from Marx for this secured loan of $148000, provided by Sun Bank of Osceola County
Hello, I am Marx and I’m from Saint Cloud in Florida. Osceola, county is where I grew up, and now I need a secured loan in Florida for $148000 to pay bills. It wasn’t easy, but Sun Bank of Osceola County really came through for me with this loan for 10.3% interest APR and a term of 20 years. I will repay the loan over the 20 year term, including interest. A big thanks to Sun Bank of Osceola County for giving me a chance and my fair credit. It look me 5 years to build my credit to 569, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.
Marx was rejected by Barnett Bank of West Florida 6 times before being approved by Sun Bank of Osceola County at 1205 Indiana Avenue
On January 24, 2013, Marx applied about borrowing $47,000 from SunTrust Bank, Tampa Bay with Gabriella, their friend from just outside Saint Cloud, and even with the co-signer, Marx was rejected for this secured loan. With fair credit, it can be very hard to procure funding, even with collateral and a co-signer.
Contact Details for Sun Bank of Osceola County, the provider of this secured loan
- Sun Bank of Osceola County
- City: Saint Cloud
- State: Florida
- Address: 1205 Indiana Avenue
- County: Osceola
- Zip code: 34769
Previous requests on Marx’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$85120.00||3||9.6%||$2730.63||NCNB National Bank of Florida||December 28, 2013|
|$84510.00||6||7.2%||$1448.94||Southeast Bank of Madison County, National Association||March 20, 2014|
|$85470.00||7||9.1%||$1379.48||Southeast Bank of Wildwood||April 13, 2014|
|$84900.00||6||9.2%||$1538.81||Atlantic Bank of Jacksonville||June 18, 2014|
Before applying for this secured loan, Marx had an Experian score of 581, which is fair, so Sun Bank of Osceola County probably cannot provide Marx a secured loan
When Marx was 20, they tried to obtain a student loan from 4 alternate lenders, which damaged their credit score. Below is a chronology of Marx’s prior attempts at finding a student loan:
- Attempt 1) Loan for $26,000.00 on December 13, 2011
- Attempt 2) Loan for $35,000.00 on August 7, 2011
- Attempt 3) Loan for $31,000.00 on April 15, 2011
- Attempt 4) Loan for $39,000.00 on October 15, 2012
Conclusion of Marx’s secured loan
In the end, Marx was able to find a secured loan for $148000 with an interest rate of 9.3% interest APR from Sun Bank of Osceola County in Saint Cloud, Florida repayable over 20 years from now.