$176000 Debt Consolidation Loan – Harris County Texas, Credit Score Of 565
- Experian: 580 – This individual had a fair Experian rating
- Transunion: 548 – Vivien had a fair credit score with Transunion.
- Equifax: Vivien’s Experian score was 565, which is a fair credit rating on the Experian rating scheme.
Installment loan for Vivien, a graduate of Case Western Reserve University and a switchboard operator working for over $60,000 per year
Vivien, an alumnus at Case Western Reserve University and a switchboard operator in Harris County, Texas wants a debt consolidation loan to purchase a new cell phone. Vivien has instead chosen to obtain an installment loan for $6,000 and is currently seeking lenders like Commercial State Bank to provide it.
Previous requests on Vivien’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $134240.00 | 5 | 11.2% | $2932.11 | Comerica Bank | July 3, 2013 |
| $134480.00 | 8 | 5.5% | $1734.7 | First Star Bank, S.S.B. | August 1, 2014 |
| $133670.00 | 8 | 10.4% | $2056.73 | Brownfield State Bank & Trust Co. | March 13, 2015 |
| $134490.00 | 4 | 9.2% | $3359.58 | First Bank & Trust, Bryan, Texas | July 30, 2015 |
Contact Details for Klein Bank – Cypresswood, National Association, the provider of this debt consolidation loan
- Klein Bank – Cypresswood, National Association
- City: Harris County
- State: Texas
- Address: 18311 Kuykendahl Road
- County: Harris
- Zip code: 77068
9 Months in the Past, Vivien Attempted to Find a High Risk Loan for $27,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Vivien. Vivien chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit individuals. Individuals with credit scores as low as 379 can inquire for a high risk loan and may be be approved.
Paraphrased and Standardized Quote from Vivien for this debt consolidation loan of $176000, provided by Klein Bank – Cypresswood, National Association
Hello, I am Vivien and my hometown is Harris County in Texas. Harris, county is where I grew up, and now I need a debt consolidation loan in Texas for $176000 to pay bills. It wasn’t easy, but Klein Bank – Cypresswood, National Association really came through for me with this loan for 11.2% interest APR and a term of 8 years. I can probably repay the loan over the 8 year term, including interest. A big thanks to Klein Bank – Cypresswood, National Association for giving me a chance and my fair credit. It look me 7 years to build my credit to 565, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
Vivien’s Transunion score was changed by the debt consolidation loan loan, changing to 548 from 565, which is normal in our experience.
Signature Loan found in Harris County, Texas for $176000 with fair credit by Vivien
Many prospective borrowers have difficulty with finding signature loans in Harris County, Texas, and Vivien is no exception. Vivien went to 7 lenders or more prior to settling on Klein Bank – Cypresswood, National Association, who offered Vivien a signature loan for $176000. Typical signature loans simply require a client, like Vivien’s signature to obtain them, up to $43,000 in some cases. Vivien was able to get $176000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans don’t need a cosigner, these loans generally need improved credit, as high as 758
Before applying for this debt consolidation loan, Vivien had an Experian score of 580, which is fair, so Klein Bank – Cypresswood, National Association likely cannot provide Vivien a debt consolidation loan
Several past requests for credit have been made by Vivien in the past, including one from First Interstate Bank, FSB in Harris County, Texas before Vivien was approved for the $176000 by Klein Bank – Cypresswood, National Association
Vivien made 7 previous attempts to obtain a debt consolidation loan, 2 of which were with First Interstate Bank, FSB, a bank in Harris County, Texas known to specialize in debt consolidation loans specifically. Prior to finding Klein Bank – Cypresswood, National Association, Vivien was desperate due to their inexperience and fair credit rating.
- Full name (Changed if requested): Vivien Hurter
- Current Credit: loans.hit.utils.Fico@506c589e
- Current City: Harris County
- State: Texas
- Zip code: 77069
- Yearly income: $62,000
- Current Job: switchboard operator
- Current County: Harris
- Goal Yearly Income: $134,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Vivien’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their switchboard operator job and their future career as a door to door salesmen
When Vivien was 21, they attempted to obtain a student loan from 6 different lenders, which harmed their credit rating. Below is a chronology of Vivien’s previous attempts at finding a student loan:
- Attempt 1) Loan for $20,000.00 on March 29, 2009
- Attempt 2) Loan for $26,000.00 on January 25, 2009
- Attempt 3) Loan for $32,000.00 on September 1, 2009
- Attempt 4) Loan for $34,000.00 on March 1, 2014
- Attempt 5) Loan for $24,000.00 on March 30, 2009
- Attempt 6) Loan for $20,000.00 on January 12, 2011
Fast Loans for Vivien in Harris County, Texas to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Harris County, Texas aren’t actually that difficult to obtain, particularly if you have some finesse like Vivien. Vivien was able to find a fast loan for $176000 from First State Bank and MBank Greenville, National Association, but turned down both offers in favor of their debt consolidation loan from Klein Bank – Cypresswood, National Association. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. Much better in the case that you are on the go.
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $31,000.00 to $53,000.00. They are mainly used to pay off existing high interest loans like credit cards. Vivien needed a debt consolidation loan to pay for their existing debt consolidation loan and their credit card. Vivien was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.5%.
Personal Loan for a switchboard operator named Vivien in Harris County, Texas to Pay Off Zions Bank AmaZing Cash for Business
Vivien had a tonne of credit card debt on their Bank of Hawaii Credit Cards and their Gulf Platinum MasterCard, and they were starting to get in over their heads. Despite Vivien’s job as a switchboard operator, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Vivien has a low current yearly income, but has a high number of prospects
Vivien has always wanted to be a door to door salesmen, but would need attend Case Western Reserve University again to achieve it. Vivien has other prospects as well, including financial planner, art, and sales representatives, which pay $55,000 through to $108,000 per year, on average. For this reason, we believe that Vivien can pay for this debt consolidation loan of $176000.
Vivien was declined by MBank Greenville, National Association 4 times before being granted funding by Klein Bank – Cypresswood, National Association at 18311 Kuykendahl Road
On November 19, 2009, Vivien applied about borrowing $29,000 from Silsbee State Bank with Rosenda, their in law from just outside Harris County, and even with the co-signer, Vivien was rejected for this debt consolidation loan. With fair credit, it can be challenging to procure financing, even with collateral and a co-signer.
Conclusion of Vivien’s debt consolidation loan
In the end, Vivien was able to find a debt consolidation loan for $176000 with an interest rate of 11.7% interest APR from Klein Bank – Cypresswood, National Association in Harris County, Texas repayable over 8 years from today.
