$30000 Fast Loan – Paris Arkansas, Credit Score Of 494
- Experian: 506 – This client had a bad Experian rating
- Transunion: 482 – Lorilee had a bad credit rating with Transunion.
- Equifax: Lorilee’s Experian score was 494, which is a bad credit rating on the Experian system.
Lorilee’s Transunion score was altered by the fast loan loan, changing to 482 from 494, which is typical in our experience.
- Full name (Changed if requested): Lorilee Houtkooper
- Current Credit: loans.hit.utils.Fico@377dca04
- Current City: Paris
- State: Arkansas
- Zip code: 72860
- Yearly income: $69,000
- Current Job: tax accountant
- Current County: Logan
- Goal Yearly Income: $139,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Contact Details for The First National Bank at Paris, the provider of this fast loan
- The First National Bank at Paris
- City: Paris
- State: Arkansas
- Address: Main And Elm Streets
- County: Logan
- Zip code: 72855
Paraphrased and Standardized Quote from Lorilee for this fast loan of $30000, provided by The First National Bank at Paris
Hello, I am Lorilee and I am from Paris in Arkansas. Logan, county is where I grew up, and now I need a fast loan in Arkansas for $30000 to pay bills. It has been difficult, but The First National Bank at Paris really came through for me with this loan for 6.2% interest APR and a term of 2 years. I can probably repay the loan over the 2 year term, including interest. A big thanks to The First National Bank at Paris for giving me a chance and my bad credit. It look me 5 years to build my credit to 494, and I won’t tarnish it any more. I am happy with Find Texas Loans for assisting me this far.
Lorilee’s Overall FICO score at the time of acceptance for a fast loan, taking into account their tax accountant job and their future career as a product safety engineer
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $39,000.00 to $53,000.00. They are normally used to pay off existing high interest loans like credit cards. Lorilee required a debt consolidation loan to pay for their existing fast loan and their payday loan. Lorilee was able to find a fast loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 3.2%.
When Lorilee was 22, they tried to obtain a student loan from 6 different banks, which harmed their credit rating. Below is a chronology of Lorilee’s previous attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on September 9, 2009
- Attempt 2) Loan for $29,000.00 on August 22, 2012
- Attempt 3) Loan for $37,000.00 on June 14, 2010
- Attempt 4) Loan for $23,000.00 on April 22, 2012
- Attempt 5) Loan for $30,000.00 on May 28, 2009
- Attempt 6) Loan for $36,000.00 on May 18, 2010
7 Months in the Past, Lorilee Tried to Find a High Risk Loan for $35,000.00, and it was Hard
There is an existing 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 the like, which can be frightening to borrowers like Lorilee. Lorilee decided not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Borrowers with credit scores as low as 553 can inquire for a high risk loan and may be be approved.
Previous requests on Lorilee’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$95290.00||10||6.3%||$1072.33||Bank of Weiner||July 12, 2011|
|$95400.00||8||10.8%||$1488.31||Horizon Bank||July 21, 2013|
|$95380.00||8||5.5%||$1230.34||Warren Bank and Trust Company||February 10, 2014|
|$95200.00||4||10.8%||$2451.26||Boatmen’s Bank of Northeast Arkansas||July 24, 2014|
|$94520.00||7||7.2%||$1435.82||The Security Bank||February 16, 2015|
Installment loan for Lorilee, a graduate of St. Catherine University and a tax accountant working for over $69,000 per year
Lorilee, an alumnus at St. Catherine University and a tax accountant in Paris, Arkansas wants a fast loan to purchase a car. Lorilee has instead decided to obtain an installment loan for $25,000 and is at present seeking lenders like Valley Bank to process their request.
Several past requests for credit have been made by Lorilee in the past, including one from SouthTrust Bank of Huntsville, National Association in Paris, Arkansas before Lorilee was approved for the $30000 by The First National Bank at Paris
Lorilee made 4 prior attempts to obtain a fast loan, 2 of which were with SouthTrust Bank of Huntsville, National Association, a bank in Paris, Arkansas known to specialize in fast loans specifically. Before finding The First National Bank at Paris, Lorilee was desperate due to their inexperience and bad credit score.
Lorilee was not approved by Bank of the Ozarks 6 times prior to being accepted by The First National Bank at Paris at Main And Elm Streets
On January 19, 2009, Lorilee inquired about borrowing $16,000 from The Security Bank with Thi, their in law from just outside Paris, and even with the co-signer, Lorilee was rejected for this fast loan. With bad credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Before applying for this fast loan, Lorilee had an Experian score of 506, which is bad, so The First National Bank at Paris likely cannot provide Lorilee a fast loan
Personal Loan for a tax accountant named Lorilee in Paris, Arkansas to Pay Off First Bank Business Credit Card
Lorilee had a tonne of credit card debt on their Quantas and their City National Bank Visa Signature Card, and they were starting to get in over their heads. Despite Lorilee’s job as a tax accountant, 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 Lorilee in Paris, Arkansas to prevent bankruptcy or harm from debt collectors.
Fast loans in Paris, Arkansas aren’t actually that difficult to obtain, especially if you have some finesse like Lorilee. Lorilee was able to find a fast loan for $30000 from Peoples Bank and Loan Co. and First Bank, but declined both offers in favor of their fast loan from The First National Bank at Paris. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference if you are in a pinch.
Signature Loan easily acquired in Paris, Arkansas for $30000 with bad credit by Lorilee
Most clients struggle with finding signature loans in Paris, Arkansas, and Lorilee is no exception. Lorilee went to 4 lenders or more prior to settling on The First National Bank at Paris, who offered Lorilee a signature loan for $30000. Typical signature loans simply need a client, like Lorilee’s signature to get them, up to $20,000 in some cases. Lorilee was able to get $30000 as a fast loan, which is very high for a fast loan. Because signature loans do not require collateral, they tend to require better credit, as high as 718
Lorilee has a low current gross income, but has a large amount of prospects
Lorilee has always wanted to be a product safety engineer, but would have to attend St. Catherine University again to achieve it. Lorilee has other possibilities as well, including mining shovel machine operator, medical records technician, and oceanographic assistant, which pay $57,000 through to $106,000 per year, at least. For this reason, we think that Lorilee can pay for this fast loan of $30000.
Conclusion of Lorilee’s fast loan
In the end, Lorilee was able to find a fast loan for $30000 with an interest rate of 6.8% interest APR from The First National Bank at Paris in Paris, Arkansas repayable over 2 years from today.