$48000 Same Day Loan – New Braunfels Texas, Credit Rating Of 586
- Experian: 598 – This client had a fair Experian rating
- Transunion: 570 – Wei had a fair credit score with Transunion.
- Equifax: Wei’s Experian score was 586, which is a fair credit rating on the Experian rating scheme.
Contact Details for Executive Banc Savings Association, F.A., the provider of this same day loan
- Executive Banc Savings Association, F.A.
- City: New Braunfels
- State: Texas
- Address: 555 Interstate Highway 35
- County: Comal
- Zip code: 78130
6 Months in the Past, Wei Tried Finding a High Risk Loan for $41,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Wei. Wei chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit borrowers. Individuals with credit ratings as low as 407 can apply for a high risk loan and may be be accepted.
Paraphrased and Standardized Quote from Wei for this same day loan of $48000, provided by Executive Banc Savings Association, F.A.
Hi, I am Wei and I’m from New Braunfels in Texas. Comal, county is where I grew up, and now I need a same day loan in Texas for $48000 to renovate my home. It wasn’t easy, but Executive Banc Savings Association, F.A. really came through for me with this loan for 11.4% interest APR and a term of 9 years. I can repay the loan over the 9 year term, including interest. A big thanks to Executive Banc Savings Association, F.A. for trusting me and my fair credit. It look me 8 years to build my credit to 586, and I won’t harm it any more. I am pleased with Find Texas Loans for helping me this far.
Personal Loan for a pharmacy technician named Wei in New Braunfels, Texas to Pay Off Avianca LifeMiles Visa Secured Card
Wei had a lot of credit card debt on their Teachers FCU Platinum Visa and their BMW Ultimate Card, and they were starting to get in over their heads. Despite Wei’s job as a pharmacy technician, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Wei was rejected by First State Bank 7 times before being accepted by Executive Banc Savings Association, F.A. at 555 Interstate Highway 35
On August 19, 2010, Wei applied about borrowing $10,000 from First State Bank with Bethanie, their in law from just outside New Braunfels, and even with the co-signer, Wei was rejected for this same day loan. With fair credit, it can be a challenge to procure financing, even with collateral and a co-signer.
Wei’s Overall FICO score at the time of acceptance for a same day loan, taking into account their pharmacy technician job and their future career as a medical insurance claims analyst
Multiple other requests for credit have been made by Wei in the past, including one from Texas National Bank Westheimer in New Braunfels, Texas before Wei was accepted for the $48000 by Executive Banc Savings Association, F.A.
Wei made 4 previous attempts to obtain a same day loan, 2 of which were with Texas National Bank Westheimer, a bank in New Braunfels, Texas known to specialize in same day loans specifically. Prior to finding Executive Banc Savings Association, F.A., Wei was concerned due to their inexperience and fair credit rating.
Wei has a very low current total income, but has several of prospects
Wei has always wanted to be a medical insurance claims analyst, but would have to attend The Art Institute of Phoenix again to become one. Wei has other possibilities as well, including job printer, customer service supervisor, and sales representative, which pay $55,000 through to $99,000 per year, at least. For this reason, we believe that Wei can pay for this same day loan of $48000.
Previous requests on Wei’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$23490.00||3||5.2%||$706.13||Comerica Bank||September 28, 2010|
|$23450.00||9||10.1%||$331.42||First Star Bank, S.S.B.||August 2, 2012|
|$22590.00||4||9.4%||$566.45||Brownfield State Bank & Trust Co.||November 2, 2014|
|$23480.00||8||5.6%||$304.01||First Bank & Trust, Bryan, Texas||November 17, 2014|
- Full name (Changed if requested): Wei Degagne
- Current Credit: loans.hit.utils.Fico@17d10166
- Current City: New Braunfels
- State: Texas
- Zip code: 78138
- Yearly income: $42,000
- Current Job: pharmacy technician
- Current County: Comal
- Goal Yearly Income: $134,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $28,000.00 to $59,000.00. They are normally used to pay off existing high interest loans like credit cards. Wei needed a debt consolidation loan to pay for their existing same day loan and their credit card. Wei was able to find a same day loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 4.5%.
Fast Loans for Wei in New Braunfels, Texas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in New Braunfels, Texas aren’t actually that difficult to obtain, especially if you have some gumption like Wei. Wei was able to find a fast loan for $48000 from Arrowhead Bank and Commercial State Bank, but turned down both offers in favor of their same day loan from Executive Banc Savings Association, F.A.. The difference with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big difference if a client is in a time sensitive situation.
Wei’s Transunion score was changed by the same day loan loan, changing to 570 from 586, which is typical in our experience.
When Wei was 19, they tried to obtain a student loan from 5 different banks, which harmed their credit rating. Below is a chronology of Wei’s prior attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on April 10, 2013
- Attempt 2) Loan for $34,000.00 on January 12, 2012
- Attempt 3) Loan for $29,000.00 on January 7, 2010
- Attempt 4) Loan for $21,000.00 on June 15, 2010
- Attempt 5) Loan for $21,000.00 on August 11, 2010
Installment loan for Wei, a graduate of The Art Institute of Phoenix and a pharmacy technician working for over $64,000 per year
Wei, an alumnus at The Art Institute of Phoenix and a pharmacy technician in New Braunfels, Texas wants a same day loan to purchase a new cell phone. Wei has instead chosen to obtain an installment loan for $11,000 and is at present seeking lenders like First RepublicBank Forney to provide it.
Signature Loan easily acquired in New Braunfels, Texas for $48000 with fair credit by Wei
A lot of borrowers have difficulty with obtaining signature loans in New Braunfels, Texas, and Wei is no different. Wei went to 7 lenders or more prior to finding Executive Banc Savings Association, F.A., who offered Wei a signature loan for $48000. Most signature loans simply require a client, like Wei’s signature to obtain them, up to $29,000 in some cases. Wei was able to get $48000 as a same day loan, which is very high for a same day loan. Since signature loans do not require collateral, they generally require better credit, as high as 702
Before applying for this same day loan, Wei had an Experian score of 598, which is fair, so Executive Banc Savings Association, F.A. probably cannot provide Wei a same day loan
Conclusion of Wei’s same day loan
In the end, Wei was able to find a same day loan for $48000 with an interest rate of 7.6% interest APR from Executive Banc Savings Association, F.A. in New Braunfels, Texas repayable over 9 years from now.