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Low Rate High Risk Loan For Selina In Stockton, California

$33000 High Risk Loan – Stockton California, Credit Score Of 693

  • Experian: 705 – They had a good Experian rating
  • Transunion: 674 – Selina had a good credit score with Transunion.
  • Equifax: Selina’s Experian score was 693, which is a good credit score with the Experian system.

Installment loan for Selina, a graduate of Northwest Nannies Institute and an account collector working for over $65,000 per year

Selina, an alumnus at Northwest Nannies Institute and an account collector in Stockton, California wants a high risk loan to purchase a new cell phone. Selina has instead decided to obtain an installment loan for $6,000 and is at present seeking lenders like Bank of Stockton to provide it.

Selina’s Overall FICO score at the time of acceptance for a high risk loan, taking into account their account collector job and their future job as a solid waste disposal administrator

Fico Score: 693

Previous requests on Selina’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$12520.00 8 7.6% $174.46 Santa Monica Bank August 27, 2010
$13220.00 3 5.3% $398.0 Farmers and Merchants Bank of Long Beach November 8, 2011
$13430.00 6 8.7% $240.09 First Interstate Bank of California March 28, 2013
$13460.00 3 9.1% $428.65 Union Bank September 25, 2013

Contact Details for BAC Community Bank, the provider of this high risk loan

  • BAC Community Bank
  • City: Stockton
  • State: California
  • Address: 2021 West March Lane
  • County: San Joaquin
  • Zip code: 95202

7 Months Ago, Selina Attempted Finding a High Risk Loan for $33,000.00, and it was Easy

There is an well known struggle for borrowers to get high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Selina. Selina decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Borrowers with credit ratings as low as 503 can inquire for a high risk loan and have a chance to be accepted.

Selina’s Transunion score was altered by the high risk loan loan, changing to 674 from 693, which is typical in our experience.

Transunion Score: 674

Selina has a disappointing current total income, but has several of prospects

Selina has always wanted to be a solid waste disposal administrator, but would need attend Northwest Nannies Institute again to become one. Selina has other prospects as well, including harbor master, crane operator, and computer customer support specialist, which pay $57,000 through to $103,000 per year, at least. Because of this, we believe that Selina can pay for this high risk loan of $33000.

Personal Loan for an account collector named Selina in Stockton, California to Pay Off Jeff Bank Secured Visa Card

Selina had a lot of credit card debt on their LANPASS Visa Secured Card and their Steuben Trust Visa Signature Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Selina’s job as an account collector, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Fast Loans for Selina in Stockton, California to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Stockton, California aren’t actually that difficult to obtain, particularly if you have some gumption like Selina. Selina was able to find a fast loan for $33000 from Citizens Commercial Trust and Savings Bank of Pasadena and Central Bank, but declined both offers in favor of their high risk loan from BAC Community Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. A big improvement in the case that a client is in a pinch.

Before applying for this high risk loan, Selina had an Experian score of 705, which is good, so BAC Community Bank most likely cannot provide Selina a high risk loan

Experian Score: 705

Several other requests for credit have been made by Selina in the past, including one from Bank of Las Colinas in Stockton, California before Selina was accepted for the $33000 by BAC Community Bank

Selina made 7 previous attempts to obtain a high risk loan, 2 of which were with Bank of Las Colinas, a lender in Stockton, California known to specialize in high risk loans specifically. Before finding BAC Community Bank, Selina was desperate due to their inexperience and good credit rating.

Client Profile: Selina Gildore of Stockton, California
  • Full name (Changed if requested): Selina Gildore
  • Current Credit: loans.hit.utils.Fico@1ddc4ec2
  • Current City: Stockton
  • State: California
  • Zip code: 95205
  • Yearly income: $35,000
  • Current Job: account collector
  • Current County: San Joaquin
  • Goal Yearly Income: $123,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Paraphrased and Standardized Quote from Selina for this high risk loan of $33000, provided by BAC Community Bank

Hi, I am Selina and I am from Stockton in California. San Joaquin, county is where I grew up, and now I need a high risk loan in California for $33000 to renovate my home. It has been difficult, but BAC Community Bank really came through for me with this loan for 6.7% interest APR and a term of 23 years. I can repay the loan over the 23 year term, including interest. A big thanks to BAC Community Bank for trusting me and my good credit. It look me 4 years to create my credit to 693, and I won’t tarnish it any future. I’m happy with Find Texas Loans for helping me this far.

Selina was not approved by San Diego Trust & Savings Bank 4 times before being approved by BAC Community Bank at 2021 West March Lane

On April 29, 2012, Selina inquired about borrowing $17,000 from National Bank of Agriculture with Corazon, their in law from just outside Stockton, and even with the co-signer, Selina was rejected for this high risk loan. With good credit, it can be difficult to obtain financing, even with collateral and a co-signer.

Signature Loan found in Stockton, California for $33000 with good credit by Selina

Many clients struggle with obtaining signature loans in Stockton, California, and Selina is no exception. Selina went to 7 lenders or more prior to settling on BAC Community Bank, who offered Selina a signature loan for $33000. Most signature loans simply need a client, like Selina’s signature to get them, up to $49,000 in some cases. Selina was able to get $33000 as a high risk loan, which is very high for a high risk loan. Since signature loans don’t require collateral, these loans generally require improved credit, as high as 759

Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Most debt consolidation loans range from $37,000.00 to $46,000.00. They are mainly used to pay off existing high interest loans like credit cards. Selina required a debt consolidation loan to pay for their existing high risk loan and their loan shark loan. Selina was able to find a high risk loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your bad, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.6%.

When Selina was 23, they tried to obtain a student loan from 4 different banks, which harmed their credit rating. Below is a chronology of Selina’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $31,000.00 on June 24, 2013
  • Attempt 2) Loan for $25,000.00 on September 3, 2011
  • Attempt 3) Loan for $25,000.00 on January 3, 2013
  • Attempt 4) Loan for $27,000.00 on October 8, 2013

Conclusion of Selina’s high risk loan

In the end, Selina was able to find a high risk loan for $33000 with an interest rate of 11.3% interest APR from BAC Community Bank in Stockton, California repayable over 23 years from today.

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.