$24000 Student Loan – Houston Texas, Credit Score Of 446
- Experian: 458 – They had a bad Experian score
- Transunion: 433 – Marchelle had a bad credit score with Transunion.
- Equifax: Marchelle’s Experian score was 446, which is a bad credit rating with the Experian scale.
Contact Details for Citizens Bank, the provider of this student loan
- Citizens Bank
- City: Houston
- State: Texas
- Address: Main Street
- County: Harris
- Zip code: 77002
Paraphrased and Standardized Quote from Marchelle for this student loan of $24000, provided by Citizens Bank
Hi, I am Marchelle and I am from Houston in Texas. Harris, county is where I grew up, and now I need a student loan in Texas for $24000 to pay bills. It has been difficult, but Citizens Bank really came through for me with this loan for 10.4% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to Citizens Bank for giving me a chance and my bad credit. It look me 7 years to create my credit to 446, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for assisting me this far.
Marchelle was rejected by MBank Greenville, National Association 6 times prior to being granted funding by Citizens Bank at Main Street
On September 7, 2011, Marchelle inquired about borrowing $15,000 from Citizens State Bank of Dalhart with Jeanene, their in law from just outside Houston, and even with the co-signer, Marchelle was rejected for this student loan. With bad credit, it can be a challenge to procure financing, even with collateral and a co-signer.
When Marchelle was 18, they tried to obtain a student loan from 4 alternate lenders, which damaged their credit rating. Below is a list of Marchelle’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on September 9, 2010
- Attempt 2) Loan for $34,000.00 on January 27, 2012
- Attempt 3) Loan for $30,000.00 on January 16, 2013
- Attempt 4) Loan for $33,000.00 on April 23, 2009
Signature Loan acquired in Houston, Texas for $24000 with bad credit by Marchelle
Many borrowers have difficulty with obtaining signature loans in Houston, Texas, and Marchelle is no exception. Marchelle went to 4 lenders or more before settling on Citizens Bank, who offered Marchelle a signature loan for $24000. Typical signature loans simply require a client, like Marchelle’s signature to obtain them, up to $24,000 in some cases. Marchelle was able to get $24000 as a student loan, which is very high for a student loan. Since signature loans do not need a cosigner, they tend to need higher credit, as high as 716
Fast Loans for Marchelle in Houston, Texas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Houston, Texas aren’t actually that difficult to obtain, particularly if you have some gumption like Marchelle. Marchelle was able to find a fast loan for $24000 from Guaranty Bank & Trust, N.A. and Commercial Bank of Texas, National Association, but turned down both offers in favor of their student loan from Citizens Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. An improvement in the case that a client is in a time sensitive situation.
9 Months Ago, Marchelle Attempted to Find a High Risk Loan for $35,000.00, and it was Hard
It is an well known struggle for borrowers to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Marchelle. Marchelle decided not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit individuals. Borrowers with credit ratings as low as 507 can inquire for a high risk loan and have a chance to be approved.
Many past requests for credit have been made by Marchelle in the past, including one from OMNIBANK Denver in Houston, Texas before Marchelle was accepted for the $24000 by Citizens Bank
Marchelle made 4 prior attempts to obtain a student loan, 2 of which were with OMNIBANK Denver, a lender in Houston, Texas known to specialize in student loans specifically. Prior to finding Citizens Bank, Marchelle was desperate due to their inexperience and bad credit rating.
Before applying for this student loan, Marchelle had an Experian score of 458, which is bad, so Citizens Bank likely cannot provide Marchelle a student loan
Previous requests on Marchelle’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$70610.00||11||5.7%||$721.26||Comerica Bank||October 27, 2012|
|$71360.00||7||5.4%||$1022.06||First Star Bank, S.S.B.||April 22, 2014|
|$71230.00||3||7.8%||$2225.52||Brownfield State Bank & Trust Co.||April 20, 2015|
|$70870.00||8||7.1%||$969.75||First Bank & Trust, Bryan, Texas||July 14, 2015|
Marchelle’s Transunion score was changed by the student loan loan, changing to 433 from 446, which is normal in our experience.
Marchelle has a sad current total income, but has a large amount of prospects
Marchelle has always wanted to be a veterinarian, but would need attend Ohio Dominican University again to become one. Marchelle has other prospects as well, including painter, contract administrator, and motorboat mechanic, which pay $53,000 through to $100,000 per year, on average. Because of this, we think that Marchelle can afford this student loan of $24000.
Personal Loan for a forest and conservation technician named Marchelle in Houston, Texas to Pay Off CFCU Platinum Visa
Marchelle had a tonne of credit card debt on their Fulton Bank Visa Signature Bonus Rewards Card and their Brooks Brothers Platinum MasterCard, and they were starting to get in over their heads. Despite Marchelle’s job as a forest and conservation technician, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Marchelle’s Overall FICO score at the time of acceptance for a student loan, taking into account their forest and conservation technician job and their future job as a veterinarian
- Full name (Changed if requested): Marchelle Chaires
- Current Credit: loans.hit.utils.Fico@41cf53f9
- Current City: Houston
- State: Texas
- Zip code: 77011
- Yearly income: $31,000
- Current Job: forest and conservation technician
- Current County: Harris
- Goal Yearly Income: $89,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
Installment loan for Marchelle, a graduate of Ohio Dominican University and a forest and conservation technician working for over $78,000 per year
Marchelle, an alumnus at Ohio Dominican University and a forest and conservation technician in Houston, Texas wants a student loan to purchase a car. Marchelle has instead chosen to get an installment loan for $16,000 and is currently seeking lenders like Commercial Bank of Texas, National Association to process their request.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $34,000.00 to $49,000.00. They are typically used to pay off existing high interest loans like credit cards. Marchelle required a debt consolidation loan to pay for their existing student loan and their payday loan. Marchelle was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a tactic 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 4.4%.
Conclusion of Marchelle’s student loan
In the end, Marchelle was able to find a student loan for $24000 with an interest rate of 6.0% interest APR from Citizens Bank in Houston, Texas repayable over 23 years from today.