$135000 Consolidation Loan – Pueblo Colorado, Credit Score Of 412
- Experian: 426 – This client had a bad Experian rating
- Transunion: 396 – Liza had a bad credit score with Transunion.
- Equifax: Liza’s Experian score was 412, which is a bad credit rating with the Experian scale.
Multiple past requests for credit have been made by Liza in the past, including one from Mackinac Savings Bank, F.S.B. in Pueblo, Colorado before Liza was accepted for the $135000 by Railway Savings and Loan Association
Liza made 5 previous tries to obtain a consolidation loan, 2 of which were with Mackinac Savings Bank, F.S.B., a lending institution in Pueblo, Colorado known to specialize in consolidation loans specifically. Before finding Railway Savings and Loan Association, Liza was concerned due to their inexperience and bad credit rating.
Liza has a very low current yearly income, but has several of prospects
Liza has always wanted to be a mining engineer, but would have to attend Elon University again to become one. Liza has other prospects as well, including dental assistant, law professor, and loan officer, which pay $54,000 through to $103,000 per year, at least. For this reason, we think that Liza can afford this consolidation loan of $135000.
- Full name (Changed if requested): Liza Nimox
- Current Credit: loans.hit.utils.Fico@2401f4c3
- Current City: Pueblo
- State: Colorado
- Zip code: 81005
- Yearly income: $48,000
- Current Job: medical records administrator
- Current County: Pueblo
- Goal Yearly Income: $127,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
9 Months in the Past, Liza Attempted to Find a High Risk Loan for $43,000.00, and it was Easy
It is an well known 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 similar lenders, which can be scary to borrowers like Liza. Liza decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Clients with credit ratings as low as 486 can apply for a high risk loan and possibly can be accepted.
When Liza was 23, they attempted to obtain a student loan from 5 different lenders, which harmed their credit score. Below is a list of Liza’s previous attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on May 11, 2010
- Attempt 2) Loan for $25,000.00 on August 26, 2010
- Attempt 3) Loan for $37,000.00 on February 11, 2009
- Attempt 4) Loan for $20,000.00 on September 26, 2009
- Attempt 5) Loan for $25,000.00 on June 26, 2013
Installment loan for Liza, a graduate of Elon University and a medical records administrator working for over $61,000 per year
Liza, an alumnus at Elon University and a medical records administrator in Pueblo, Colorado wants a consolidation loan to purchase a car. Liza has instead chosen to get an installment loan for $29,000 and is currently seeking lenders like The Citizens State Bank of Ouray to process their request.
Liza was declined by Affiliated National Bank – Delta 7 times prior to being approved by Railway Savings and Loan Association at 119 West 5th Street
On March 17, 2014, Liza applied about borrowing $43,000 from The Minnequa Bank of Pueblo with Jolynn, their in law from just outside Pueblo, and even with the co-signer, Liza was rejected for this consolidation loan. With bad credit, it can be difficult to procure funding, even with collateral and a co-signer.
Contact Details for Railway Savings and Loan Association, the provider of this consolidation loan
- Railway Savings and Loan Association
- City: Pueblo
- State: Colorado
- Address: 119 West 5th Street
- County: Pueblo
- Zip code: 81002
Previous requests on Liza’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$110100.00||11||5.7%||$1124.64||Affiliated National Bank – Delta||October 10, 2008|
|$109710.00||8||9.5%||$1635.87||Central Bank, National Association||July 31, 2009|
|$109520.00||10||8.6%||$1363.76||The Colorado Bank and Trust Company of La Junta||July 18, 2013|
|$110490.00||8||10.2%||$1688.31||Colorado State Bank and Trust, N. A.||April 3, 2014|
|$109740.00||10||10.1%||$1456.31||Mountain Parks Bank – West||April 7, 2015|
Fast Loans for Liza in Pueblo, Colorado to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Pueblo, Colorado aren’t actually that difficult to obtain, particularly if you have some finesse like Liza. Liza was able to find a fast loan for $135000 from Farmers State Bank of Calhan and Affiliated National Bank – Ault, but declined both offers in favor of their consolidation loan from Railway Savings and Loan Association. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big improvement in the case that you are in a pinch.
Paraphrased and Standardized Quote from Liza for this consolidation loan of $135000, provided by Railway Savings and Loan Association
Hi, I am Liza and my hometown is Pueblo in Colorado. Pueblo, county is where I grew up, and now I need a consolidation loan in Colorado for $135000 to renovate my home. It wasn’t easy, but Railway Savings and Loan Association really came through for me with this loan for 8.8% interest APR and a term of 6 years. I can probably repay the loan over the 6 year term, including interest. A big thanks to Railway Savings and Loan Association for giving me a chance and my bad credit. It look me 5 years to build my credit to 412, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Normal debt consolidation loans range from $25,000.00 to $52,000.00. They are typically used to pay off existing high interest loans like credit cards. Liza required a debt consolidation loan to pay for their existing consolidation loan and their loan shark loan. Liza was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which changes your bad, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.6%.
Liza’s Transunion score was changed by the consolidation loan loan, changing to 396 from 412, which is typical in our experience.
Personal Loan for a medical records administrator named Liza in Pueblo, Colorado to Pay Off BB&T Visa Business Credit Card
Liza had a tonne of credit card debt on their The Limited Classic Card and their Sports Authority Credit Card, and they were starting to get in over their heads. Despite Liza’s job as a medical records administrator, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan acquired in Pueblo, Colorado for $135000 with bad credit by Liza
A lot of borrowers have difficulty with finding signature loans in Pueblo, Colorado, and Liza is no different. Liza went to 7 lending institutions or more prior to settling on Railway Savings and Loan Association, who offered Liza a signature loan for $135000. Most signature loans simply need a client, like Liza’s signature to obtain them, up to $36,000 in some cases. Liza was able to get $135000 as a consolidation loan, which is very high for a consolidation loan. Because signature loans don’t need a cosigner, they tend to need better credit, as high as 797
Before applying for this consolidation loan, Liza had an Experian score of 426, which is bad, so Railway Savings and Loan Association probably cannot provide Liza a consolidation loan
Liza’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their medical records administrator job and their future job as a mining engineer
Conclusion of Liza’s consolidation loan
In the end, Liza was able to find a consolidation loan for $135000 with an interest rate of 7.3% interest APR from Railway Savings and Loan Association in Pueblo, Colorado repayable over 6 years from today.