$100000 Consolidation Loan – Austin Texas, Credit Score Of 380
- Experian: 390 – This individual had a terrible Experian rating
- Transunion: 365 – Mitch had a terrible credit score with Transunion.
- Equifax: Mitch’s Experian score was 380, which is a terrible credit score on the Experian scale.
Fast Loans for Mitch in Austin, Texas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Austin, Texas aren’t actually that difficult to obtain, particularly if you have some finesse like Mitch. Mitch was able to find a fast loan for $100000 from First Community Bank San Antonio, National Association and Farmers State Bank of Madisonville, Texas, but turned down both offers in favor of their consolidation loan from Briercroft Savings Association. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big difference if you are on the go.
Personal Loan for a forensics psychologist named Mitch in Austin, Texas to Pay Off Barnes & Noble MasterCard
Mitch had a lot of credit card debt on their Apple Bank for Savings and their Porsche Club of America Visa Card, and they were starting to get in over their heads. Despite Mitch’s job as a forensics psychologist, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Multiple other requests for credit have been made by Mitch in the past, including one from West Side National Bank of Pearland in Austin, Texas before Mitch was approved for the $100000 by Briercroft Savings Association
Mitch made 9 previous attempts to obtain a consolidation loan, 2 of which were with West Side National Bank of Pearland, a lender in Austin, Texas known to specialize in consolidation loans specifically. Before finding Briercroft Savings Association, Mitch was desperate due to their inexperience and terrible credit score.
When Mitch was 22, they attempted to obtain a student loan from 4 alternate banks, which damaged their credit score. Below is a list of Mitch’s previous attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on December 13, 2010
- Attempt 2) Loan for $34,000.00 on December 4, 2009
- Attempt 3) Loan for $36,000.00 on July 9, 2012
- Attempt 4) Loan for $21,000.00 on December 7, 2008
Mitch’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their forensics psychologist job and their future job as an animal breeder
Installment loan for Mitch, a graduate of A.B.I School of Barbering and Cosmetology of Chelsea and a forensics psychologist working for over $67,000 per year
Mitch, an alumnus at A.B.I School of Barbering and Cosmetology of Chelsea and a forensics psychologist in Austin, Texas wants a consolidation loan to purchase a house. Mitch has instead chosen to get an installment loan for $2,000 and is currently seeking lenders like First Consolidated Bank – Ferris to provide it.
8 Months in the Past, Mitch Attempted Finding a High Risk Loan for $27,000.00, and it was Hard
There is an well known struggle for borrowers to get high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Mitch. Mitch decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Clients with credit ratings as low as 385 can inquire for a high risk loan and possibly can be approved.
Paraphrased and Standardized Quote from Mitch for this consolidation loan of $100000, provided by Briercroft Savings Association
Hello, I am Mitch and I’m from Austin in Texas. Travis, county is where I grew up, and now I need a consolidation loan in Texas for $100000 to buy a car. It has been difficult, but Briercroft Savings Association really came through for me with this loan for 8.5% interest APR and a term of 2 years. I will repay the loan over the 2 year term, including interest. A big thanks to Briercroft Savings Association for trusting me and my terrible credit. It look me 9 years to build my credit to 380, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.
Signature Loan acquired in Austin, Texas for $100000 with terrible credit by Mitch
Most prospective borrowers have difficulty with obtaining signature loans in Austin, Texas, and Mitch is no exception. Mitch went to 5 lending institutions or more prior to settling on Briercroft Savings Association, who offered Mitch a signature loan for $100000. Most signature loans simply require a client, like Mitch’s signature to obtain them, up to $39,000 in some cases. Mitch was able to get $100000 as a consolidation loan, which is very high for a consolidation loan. Because signature loans don’t require a cosigner, they tend to require higher credit, as high as 747
Contact Details for Briercroft Savings Association, the provider of this consolidation loan
- Briercroft Savings Association
- City: Austin
- State: Texas
- Address: 12710 Research Boulevard
- County: Travis
- Zip code: 78759
- Full name (Changed if requested): Mitch Kinsey
- Current Credit: loans.hit.utils.Fico@12edcd21
- Current City: Austin
- State: Texas
- Zip code: 78761
- Yearly income: $46,000
- Current Job: forensics psychologist
- Current County: Travis
- Goal Yearly Income: $89,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Before applying for this consolidation loan, Mitch had an Experian score of 390, which is terrible, so Briercroft Savings Association most likely cannot provide Mitch a consolidation loan
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $24,000.00 to $49,000.00. They are normally used to pay off existing high interest loans like credit cards. Mitch required a debt consolidation loan to pay for their existing consolidation loan and their credit card. Mitch was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your less desirable, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 4.6%.
Mitch has a very low current total income, but has several of prospects
Mitch has always wanted to be an animal breeder, but would need attend A.B.I School of Barbering and Cosmetology of Chelsea again to become one. Mitch has other possibilities as well, including fitness trainer, technological espionage intelligence agent, and sales floor stock clerk, which pay $52,000 through to $109,000 per year, on average. Because of this, we believe that Mitch can pay for this consolidation loan of $100000.
Previous requests on Mitch’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$92560.00||11||6.7%||$992.93||Comerica Bank||July 20, 2010|
|$93360.00||10||9.7%||$1218.3||First Star Bank, S.S.B.||April 10, 2013|
|$93240.00||6||6.2%||$1554.07||Brownfield State Bank & Trust Co.||December 29, 2013|
|$92770.00||6||7.7%||$1613.0||First Bank & Trust, Bryan, Texas||June 22, 2014|
|$93440.00||7||6.3%||$1378.5||First Bank & Trust of Clarendon||October 9, 2014|
Mitch’s Transunion score was altered by the consolidation loan loan, changing to 365 from 380, which is normal in our experience.
Mitch was rejected by First Bank & Trust, Bryan, Texas 4 times before being approved by Briercroft Savings Association at 12710 Research Boulevard
On January 12, 2011, Mitch applied about borrowing $6,000 from The Roscoe State Bank with Yuk, their friend from just outside Austin, and even with the co-signer, Mitch was rejected for this consolidation loan. With terrible credit, it can be difficult to obtain funding, even with collateral and a co-signer.
Conclusion of Mitch’s consolidation loan
In the end, Mitch was able to find a consolidation loan for $100000 with an interest rate of 7.5% interest APR from Briercroft Savings Association in Austin, Texas repayable over 2 years from now.