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Leandro Cereceres’s Secured Loan For 156000 Dollars In Grand Cane Louisiana

$156000 Secured Loan – Grand Cane Louisiana, Credit Rating Of 596

  • Experian: 615 – The client had a fair Experian score
  • Transunion: 578 – Leandro had a fair credit score with Transunion.
  • Equifax: Leandro’s Experian score was 596, which is a fair credit score on the Experian system.

Previous requests on Leandro’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$114130.00 11 9.6% $1403.19 Bank of Zachary March 5, 2010
$114370.00 5 11.4% $2509.56 Landmark Bank May 18, 2014
$114370.00 8 5.4% $1469.79 Bank of Gonzales September 30, 2014
$113550.00 5 6.3% $2211.11 The Highlands Bank October 18, 2014

Before applying for this secured loan, Leandro had an Experian score of 615, which is fair, so Bank of Grand Cane most likely cannot provide Leandro a secured loan

Experian Score: 615

Leandro’s Transunion score was changed by the secured loan loan, changing to 578 from 596, which is normal in our experience.

Transunion Score: 578

Leandro has a disappointing current gross income, but has a high number of prospects

Leandro has always wanted to be an armored assault vehicle crew member, but would need attend Concordia University Chicago again to become one. Leandro has other prospects as well, including equal opportunity representative, mining engineer, and environmental research analyst, which pay $55,000 through to $106,000 per year, at least. For this reason, we think that Leandro can afford this secured loan of $156000.

7 Months in the Past, Leandro Attempted Finding a High Risk Loan for $44,000.00, and it was Hard

There is an ongoing struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be scary to borrowers like Leandro. Leandro chose not to obtain a high risk loan this time. High Risk loans are given to bad credit individuals. Clients with credit ratings as low as 464 can apply for a high risk loan and may be be accepted.

Fast Loans for Leandro in Grand Cane, Louisiana to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Grand Cane, Louisiana aren’t actually that difficult to obtain, especially if you have some finesse like Leandro. Leandro was able to find a fast loan for $156000 from The First National Bank of Abbeville and The First National Bank in St. Mary Parish, but declined both offers in favor of their secured loan from Bank of Grand Cane. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big difference in the case that you are on the go.

Paraphrased and Standardized Quote from Leandro for this secured loan of $156000, provided by Bank of Grand Cane

Hi, I am Leandro and I am from Grand Cane in Louisiana. De Soto, county is where I grew up, and now I need a secured loan in Louisiana for $156000 to pay bills. It wasn’t easy, but Bank of Grand Cane really came through for me with this loan for 8.0% interest APR and a term of 7 years. I will repay the loan over the 7 year term, including interest. A big thanks to Bank of Grand Cane for giving me a chance and my fair credit. It look me 8 years to create my credit to 596, and I won’t harm it any future. I’m happy with Find Texas Loans for assisting me this far.

Leandro’s Overall FICO score at the time of acceptance for a secured loan, taking into account their fire protection engineering technician job and their future job as an armored assault vehicle crew member

Fico Score: 596

Many previous requests for credit have been made by Leandro in the past, including one from First City Bank – West, N.A. in Grand Cane, Louisiana before Leandro was accepted for the $156000 by Bank of Grand Cane

Leandro made 4 previous attempts to obtain a secured loan, 2 of which were with First City Bank – West, N.A., a lending institution in Grand Cane, Louisiana known to specialize in secured loans specifically. Prior to finding Bank of Grand Cane, Leandro was very concerned due to their inexperience and fair credit rating.

Signature Loan easily acquired in Grand Cane, Louisiana for $156000 with fair credit by Leandro

Many borrowers struggle with obtaining signature loans in Grand Cane, Louisiana, and Leandro is the same. Leandro went to 4 lending institutions or more prior to settling on Bank of Grand Cane, who offered Leandro a signature loan for $156000. Typical signature loans simply require a client, like Leandro’s signature to get them, up to $41,000 in some cases. Leandro was able to get $156000 as a secured loan, which is very high for a secured loan. Since signature loans do not require collateral, they generally need higher credit, as high as 733

Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans range from $29,000.00 to $59,000.00. They are mainly used to pay off existing high interest loans like credit cards. Leandro needed a debt consolidation loan to pay for their existing secured loan and their loan shark loan. Leandro was able to find a secured loan in the end. Debt consolidation, or simply consolidation, is a technique 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 2.4%.

Installment loan for Leandro, a graduate of Concordia University Chicago and a fire protection engineering technician working for over $73,000 per year

Leandro, an alumnus at Concordia University Chicago and a fire protection engineering technician in Grand Cane, Louisiana wants a secured loan to purchase a car. Leandro has instead chosen to get an installment loan for $2,000 and is currently seeking lenders like Bank of Grand Cane to provide it.

Client Profile: Leandro Cereceres of Grand Cane, Louisiana
  • Full name (Changed if requested): Leandro Cereceres
  • Current Credit: loans.hit.utils.Fico@2b71fc7e
  • Current City: Grand Cane
  • State: Louisiana
  • Zip code: 71041
  • Yearly income: $55,000
  • Current Job: fire protection engineering technician
  • Current County: De Soto
  • Goal Yearly Income: $112,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000

Leandro was rejected by Landmark Bank 4 times before being accepted by Bank of Grand Cane at Main Street

On March 9, 2013, Leandro applied about borrowing $25,000 from The First National Bank of Abbeville with Crysta, their friend from just outside Grand Cane, and even with the co-signer, Leandro was rejected for this secured loan. With fair credit, it can be very hard to procure funding, even with collateral and a co-signer.

When Leandro was 21, they tried to obtain a student loan from 7 different lenders, which damaged their credit rating. Below is a chronology of Leandro’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $38,000.00 on April 11, 2009
  • Attempt 2) Loan for $27,000.00 on March 26, 2011
  • Attempt 3) Loan for $25,000.00 on February 7, 2011
  • Attempt 4) Loan for $20,000.00 on July 24, 2011
  • Attempt 5) Loan for $34,000.00 on January 21, 2009
  • Attempt 6) Loan for $34,000.00 on June 23, 2010
  • Attempt 7) Loan for $37,000.00 on July 13, 2009

Personal Loan for a fire protection engineering technician named Leandro in Grand Cane, Louisiana to Pay Off Popular Community Bank Platinum MasterCard

Leandro had a lot of credit card debt on their Malvern Federal Savings Bank Visa Business Card and their American Signature Furniture Credit Card, and they were starting to get in over their heads. Despite Leandro’s job as a fire protection engineering technician, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Contact Details for Bank of Grand Cane, the provider of this secured loan

  • Bank of Grand Cane
  • City: Grand Cane
  • State: Louisiana
  • Address: Main Street
  • County: De Soto
  • Zip code: 71032

Conclusion of Leandro’s secured loan

In the end, Leandro was able to find a secured loan for $156000 with an interest rate of 6.3% interest APR from Bank of Grand Cane in Grand Cane, Louisiana repayable over 7 years from now.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.