$196000 Student Loan – Lakewood Colorado, Credit Rating Of 419
- Experian: 429 – They had a bad Experian score
- Transunion: 407 – Shavonda had a bad credit rating with Transunion.
- Equifax: Shavonda’s Experian score was 419, which is a bad credit score with the Experian system.
Shavonda’s Overall FICO score at the time of acceptance for a student loan, taking into account their artists agent job and their future career as an art therapist
Shavonda has a disappointing current yearly income, but has a large amount of prospects
Shavonda has always wanted to be an art therapist, but would have to attend University of Wyoming again to become one. Shavonda has other possibilities as well, including fire investigator, music teacher, and newspaper/magazines writer, which pay $56,000 through to $90,000 per year, at least. Because of this, we believe that Shavonda can pay for this student loan of $196000.
When Shavonda was 21, they tried to obtain a student loan from 7 different banks, which harmed their credit rating. Below is a list of Shavonda’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on November 5, 2008
- Attempt 2) Loan for $35,000.00 on July 15, 2012
- Attempt 3) Loan for $30,000.00 on January 17, 2010
- Attempt 4) Loan for $25,000.00 on August 7, 2012
- Attempt 5) Loan for $20,000.00 on April 6, 2012
- Attempt 6) Loan for $25,000.00 on November 12, 2009
- Attempt 7) Loan for $33,000.00 on November 21, 2009
Contact Details for Norwest Bank Lakewood, National Association, the provider of this student loan
- Norwest Bank Lakewood, National Association
- City: Lakewood
- State: Colorado
- Address: 333 South Allison Parkway
- County: Jefferson
- Zip code: 80226
Installment loan for Shavonda, a graduate of University of Wyoming and an artists agent working for over $71,000 per year
Shavonda, an alumnus at University of Wyoming and an artists agent in Lakewood, Colorado needs a student loan to purchase a house. Shavonda has instead chosen to get an installment loan for $11,000 and is at present seeking lenders like The State Bank to provide it.
Paraphrased and Standardized Quote from Shavonda for this student loan of $196000, provided by Norwest Bank Lakewood, National Association
Hi, I am Shavonda and my hometown is Lakewood in Colorado. Jefferson, county is where I grew up, and now I need a student loan in Colorado for $196000 to avoid bankruptcy. It has been difficult, but Norwest Bank Lakewood, National Association really came through for me with this loan for 10.0% interest APR and a term of 10 years. I will repay the loan over the 10 year term, including interest. A big thanks to Norwest Bank Lakewood, National Association for trusting me and my bad credit. It look me 7 years to build my credit to 419, and I won’t tarnish it any future. I am pleased with Find Texas Loans for helping me this far.
6 Months in the Past, Shavonda Attempted Finding a High Risk Loan for $24,000.00, and it was Hard
It is an ongoing struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Shavonda. Shavonda chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Clients with credit scores as low as 389 can inquire for a high risk loan and have a chance to be approved.
- Full name (Changed if requested): Shavonda Frizell
- Current Credit: loans.hit.utils.Fico@5197848c
- Current City: Lakewood
- State: Colorado
- Zip code: 80228
- Yearly income: $46,000
- Current Job: artists agent
- Current County: Jefferson
- Goal Yearly Income: $148,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Signature Loan found in Lakewood, Colorado for $196000 with bad credit by Shavonda
Most borrowers have difficulty with obtaining signature loans in Lakewood, Colorado, and Shavonda is no different. Shavonda went to 7 lending institutions or more prior to settling on Norwest Bank Lakewood, National Association, who offered Shavonda a signature loan for $196000. Typical signature loans simply require a client, like Shavonda’s signature to get them, up to $42,000 in some cases. Shavonda was able to get $196000 as a student loan, which is very high for a student loan. Because signature loans do not require a cosigner, they tend to need improved credit, as high as 795
Shavonda was declined by The Minnequa Bank of Pueblo 7 times before being granted funding by Norwest Bank Lakewood, National Association at 333 South Allison Parkway
On April 28, 2010, Shavonda inquired about borrowing $41,000 from Affiliated National Bank – Ault with Lucienne, their in law from just outside Lakewood, and even with the co-signer, Shavonda was rejected for this student loan. With bad credit, it can be challenging to obtain financing, even with collateral and a co-signer.
Personal Loan for an artists agent named Shavonda in Lakewood, Colorado to Pay Off Arvest Premier Corporate Visa
Shavonda had a tonne of credit card debt on their BankAmericard Basic Visa Card and their RBC Visa Classic Low Rate, and they were starting to get in over their heads. Despite Shavonda’s job as an artists agent, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Several other requests for credit have been made by Shavonda in the past, including one from OBA Bank in Lakewood, Colorado before Shavonda was approved for the $196000 by Norwest Bank Lakewood, National Association
Shavonda made 4 previous attempts to obtain a student loan, 2 of which were with OBA Bank, a bank in Lakewood, Colorado known to specialize in student loans specifically. Prior to finding Norwest Bank Lakewood, National Association, Shavonda was desperate due to their inexperience and bad credit score.
Fast Loans for Shavonda in Lakewood, Colorado to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Lakewood, Colorado aren’t actually that difficult to obtain, particularly if you have some gumption like Shavonda. Shavonda was able to find a fast loan for $196000 from The Colorado Bank and Trust Company of La Junta and Wells Fargo Bank (Colorado), National Association, but declined both offers in favor of their student loan from Norwest Bank Lakewood, National Association. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big difference in the case that a borrower is on the go.
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $36,000.00 to $44,000.00. They are mainly used to pay off existing high interest loans like credit cards. Shavonda required a debt consolidation loan to pay for their existing student loan and their payday loan. Shavonda was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which transfers your dirty, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 4.7%.
Shavonda’s Transunion score was altered by the student loan loan, changing to 407 from 419, which is normal in our experience.
Previous requests on Shavonda’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$79400.00||3||7.2%||$2458.91||Affiliated National Bank – Delta||October 16, 2008|
|$79440.00||3||5.8%||$2409.53||Central Bank, National Association||August 10, 2013|
|$79380.00||4||8.4%||$1952.84||The Colorado Bank and Trust Company of La Junta||July 2, 2014|
|$79100.00||11||8.1%||$907.23||Colorado State Bank and Trust, N. A.||August 20, 2014|
|$78580.00||7||7.1%||$1189.83||Mountain Parks Bank – West||March 9, 2015|
Before applying for this student loan, Shavonda had an Experian score of 429, which is bad, so Norwest Bank Lakewood, National Association probably cannot provide Shavonda a student loan
Conclusion of Shavonda’s student loan
In the end, Shavonda was able to find a student loan for $196000 with an interest rate of 10.2% interest APR from Norwest Bank Lakewood, National Association in Lakewood, Colorado repayable over 10 years from now.