$56000 Debt Consolidation Loan – Cando North Dakota, Credit Rating Of 382
- Experian: 399 – This client had a terrible Experian rating
- Transunion: 364 – Sixta had a terrible credit rating with Transunion.
- Equifax: Sixta’s Experian score was 382, which is a terrible credit score with the Experian rating scheme.
Paraphrased and Standardized Quote from Sixta for this debt consolidation loan of $56000, provided by First State Bank of Cando
Hi, I am Sixta and my hometown is Cando in North Dakota. Towner, county is where I grew up, and now I need a debt consolidation loan in North Dakota for $56000 to pay bills. It wasn’t easy, but First State Bank of Cando really came through for me with this loan for 8.1% interest APR and a term of 11 years. I will repay the loan over the 11 year term, including interest. A big thanks to First State Bank of Cando for trusting me and my terrible credit. It look me 4 years to create my credit to 382, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.
Fast Loans for Sixta in Cando, North Dakota to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Cando, North Dakota aren’t actually that difficult to obtain, particularly if you have some finesse like Sixta. Sixta was able to find a fast loan for $56000 from Dakota Bank and Trust Co. of Fargo and Dakota Bank and Trust Co. of Fargo, but declined both offers in favor of their debt consolidation loan from First State Bank of Cando. 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 a client is in a time sensitive situation.
When Sixta was 21, they attempted to obtain a student loan from 4 alternate lenders, which damaged their credit rating. Below is a list of Sixta’s previous attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on December 29, 2009
- Attempt 2) Loan for $32,000.00 on March 8, 2013
- Attempt 3) Loan for $28,000.00 on October 18, 2010
- Attempt 4) Loan for $20,000.00 on April 22, 2009
Several other requests for credit have been made by Sixta in the past, including one from Community & Southern Bank in Cando, North Dakota before Sixta was approved for the $56000 by First State Bank of Cando
Sixta made 6 prior attempts to obtain a debt consolidation loan, 2 of which were with Community & Southern Bank, a lending institution in Cando, North Dakota known to specialize in debt consolidation loans specifically. Prior to finding First State Bank of Cando, Sixta was very concerned due to their inexperience and terrible credit rating.
Contact Details for First State Bank of Cando, the provider of this debt consolidation loan
- First State Bank of Cando
- City: Cando
- State: North Dakota
- Address: 415 Main Street
- County: Towner
- Zip code: 58324
Sixta has a sad current yearly income, but has a high number of prospects
Sixta has always wanted to be an environmental planner, but would need attend Ohio Business College again to become one. Sixta has other prospects as well, including painters, radio & tv program director, and photo-optics technician, which pay $52,000 through to $106,000 per year, at least. Because of this, we believe that Sixta can pay for this debt consolidation loan of $56000.
Signature Loan found in Cando, North Dakota for $56000 with terrible credit by Sixta
A lot of clients struggle with finding signature loans in Cando, North Dakota, and Sixta is the same. Sixta went to 4 lenders or more before settling on First State Bank of Cando, who offered Sixta a signature loan for $56000. Most signature loans simply require a client, like Sixta’s signature to get them, up to $36,000 in some cases. Sixta was able to get $56000 as a debt consolidation loan, which is very high for a debt consolidation loan. Since signature loans do not need a cosigner, they generally require improved credit, as high as 750
Sixta was declined by First National Bank 6 times prior to being approved by First State Bank of Cando at 415 Main Street
On November 14, 2013, Sixta applied about borrowing $38,000 from American State Bank of New England with Armida, their friend from just outside Cando, and even with the co-signer, Sixta was rejected for this debt consolidation loan. With terrible credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Previous requests on Sixta’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$74260.00||5||10.7%||$1603.5||American State Bank of New England||March 8, 2010|
|$73730.00||10||6.3%||$829.71||First American Bank & Trust of Carrington||May 17, 2011|
|$74380.00||9||10.2%||$1055.25||Kulm State Bank||April 26, 2012|
|$74160.00||4||11.4%||$1931.14||Bremer Bank, National Association||December 22, 2013|
Personal Loan for a family caseworker named Sixta in Cando, North Dakota to Pay Off Plains Commerce Bank Visa Gold Card
Sixta had a tonne of credit card debt on their Sleep Train Credit Card and their HSBC Platinum MasterCard, and they were starting to get in over their heads. Despite Sixta’s job as a family caseworker, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
- Full name (Changed if requested): Sixta Sulit
- Current Credit: loans.hit.utils.Fico@5e9f23b4
- Current City: Cando
- State: North Dakota
- Zip code: 58331
- Yearly income: $45,000
- Current Job: family caseworker
- Current County: Towner
- Goal Yearly Income: $124,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans vary from $22,000.00 to $42,000.00. They are mainly used to pay off existing high interest loans like credit cards. Sixta needed a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Sixta was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 3.5%.
Before applying for this debt consolidation loan, Sixta had an Experian score of 399, which is terrible, so First State Bank of Cando likely cannot provide Sixta a debt consolidation loan
9 Months in the Past, Sixta Tried Finding a High Risk Loan for $26,000.00, and it was Easy
There is an ongoing struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Sixta. Sixta chose not to get a high risk loan this time. High Risk loans are given to terrible credit borrowers. Individuals with credit ratings as low as 583 can apply for a high risk loan and possibly can be accepted.
Installment loan for Sixta, a graduate of Ohio Business College and a family caseworker working for over $64,000 per year
Sixta, an alumnus at Ohio Business College and a family caseworker in Cando, North Dakota wants a debt consolidation loan to purchase a car. Sixta has instead chosen to obtain an installment loan for $29,000 and is currently seeking lenders like Wells Fargo Bank North Dakota, National Association to provide it.
Sixta’s Transunion score was changed by the debt consolidation loan loan, changing to 364 from 382, which is typical in our experience.
Sixta’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their family caseworker job and their future career as an environmental planner
Conclusion of Sixta’s debt consolidation loan
In the end, Sixta was able to find a debt consolidation loan for $56000 with an interest rate of 7.5% interest APR from First State Bank of Cando in Cando, North Dakota repayable over 11 years from today.