$50000 Direct Loan – Eden Texas, Credit Score Of 702
- Experian: 716 – This individual had a good Experian score
- Transunion: 686 – Priscilla had a good credit rating with Transunion.
- Equifax: Priscilla’s Experian score was 702, which is a good credit score with the Experian scale.
Contact Details for Eden State Bank, the provider of this direct loan
- Eden State Bank
- City: Eden
- State: Texas
- Address: Main Street
- County: Concho
- Zip code: 76837
Personal Loan for a casino slot machine mechanic named Priscilla in Eden, Texas to Pay Off Nationwide Bank Visa Credit Card
Priscilla had a tonne of credit card debt on their CFCU Business Visa and their LensCrafters Credit Card, and they were starting to get in over their heads. Despite Priscilla’s job as a casino slot machine mechanic, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Priscilla was 24, they tried to obtain a student loan from 4 different banks, which damaged their credit score. Below is a chronology of Priscilla’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on August 18, 2012
- Attempt 2) Loan for $20,000.00 on June 9, 2010
- Attempt 3) Loan for $29,000.00 on July 9, 2009
- Attempt 4) Loan for $26,000.00 on September 17, 2012
Fast Loans for Priscilla in Eden, Texas to prevent bankruptcy or harm from debt collectors.
Fast loans in Eden, Texas aren’t actually that difficult to obtain, particularly if you have some gumption like Priscilla. Priscilla was able to find a fast loan for $50000 from First State Bank of Matador and First City Bank of Richardson, but turned down both offers in favor of their direct loan from Eden State Bank. The difference 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 debt consolidation loans. A big improvement if a client is in a pinch.
Priscilla’s Overall FICO score at the time of acceptance for a direct loan, taking into account their casino slot machine mechanic job and their future career as a farm manager
Previous requests on Priscilla’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$124690.00||9||9.7%||$1735.28||Comerica Bank||May 25, 2012|
|$125230.00||3||9.2%||$3993.95||First Star Bank, S.S.B.||January 14, 2014|
|$124510.00||7||10.2%||$2079.9||Brownfield State Bank & Trust Co.||January 24, 2014|
|$125330.00||6||10.2%||$2334.5||First Bank & Trust, Bryan, Texas||November 15, 2014|
|$125380.00||8||10.8%||$1956.02||First Bank & Trust of Clarendon||July 8, 2015|
- Full name (Changed if requested): Priscilla Phanthauong
- Current Credit: loans.hit.utils.Fico@36aa7bc2
- Current City: Eden
- State: Texas
- Zip code: 76843
- Yearly income: $65,000
- Current Job: casino slot machine mechanic
- Current County: Concho
- Goal Yearly Income: $145,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000
7 Months in the Past, Priscilla Tried to Find a High Risk Loan for $42,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for clients to find 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 physically harmful to borrowers like Priscilla. Priscilla decided not to obtain a high risk loan this time. High Risk loans are given to bad credit individuals. Borrowers with credit ratings as low as 301 can inquire for a high risk loan and possibly can be approved.
Signature Loan acquired in Eden, Texas for $50000 with good credit by Priscilla
Most borrowers have difficulty with obtaining signature loans in Eden, Texas, and Priscilla is no exception. Priscilla went to 7 lenders or more before settling on Eden State Bank, who offered Priscilla a signature loan for $50000. Typical signature loans simply need a client, like Priscilla’s signature to obtain them, up to $29,000 in some cases. Priscilla was able to get $50000 as a direct loan, which is very high for a direct loan. Since signature loans do not require collateral, they generally need higher credit, as high as 788
Many other requests for credit have been made by Priscilla in the past, including one from Oklahoma Bank and Trust Company in Eden, Texas before Priscilla was approved for the $50000 by Eden State Bank
Priscilla made 4 previous attempts to obtain a direct loan, 2 of which were with Oklahoma Bank and Trust Company, a bank in Eden, Texas known to specialize in direct loans specifically. Prior to finding Eden State Bank, Priscilla was desperate due to their inexperience and good credit rating.
Installment loan for Priscilla, a graduate of Baptist Health Little Rock and a casino slot machine mechanic working for over $71,000 per year
Priscilla, an alumnus at Baptist Health Little Rock and a casino slot machine mechanic in Eden, Texas needs a direct loan to purchase something frivolous. Priscilla has instead decided to get an installment loan for $7,000 and is currently seeking lenders like First Community Bank San Antonio, National Association to process their request.
Priscilla was declined by First RepublicBank Forney 7 times before being accepted by Eden State Bank at Main Street
On November 16, 2013, Priscilla applied about borrowing $18,000 from The Huntsville National Bank with Karen, their in law from just outside Eden, and even with the co-signer, Priscilla was rejected for this direct loan. With good credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Before applying for this direct loan, Priscilla had an Experian score of 716, which is good, so Eden State Bank likely cannot provide Priscilla a direct loan
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $36,000.00 to $49,000.00. They are typically used to pay off existing high interest loans like credit cards. Priscilla required a debt consolidation loan to pay for their existing direct loan and their payday loan. Priscilla was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your dirty, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.4%.
Paraphrased and Standardized Quote from Priscilla for this direct loan of $50000, provided by Eden State Bank
Hello, I am Priscilla and I’m from Eden in Texas. Concho, county is where I grew up, and now I need a direct loan in Texas for $50000 to buy a car. It has been difficult, but Eden State Bank really came through for me with this loan for 10.0% interest APR and a term of 20 years. I can repay the loan over the 20 year term, including interest. A big thanks to Eden State Bank for giving me a chance and my good credit. It look me 7 years to build my credit to 702, and I won’t tarnish it any future. I am pleased with Find Texas Loans for assisting me this far.
Priscilla’s Transunion score was changed by the direct loan loan, changing to 686 from 702, which is typical in our experience.
Priscilla has a low current yearly income, but has a large amount of prospects
Priscilla has always wanted to be a farm manager, but would need attend Baptist Health Little Rock again to become one. Priscilla has other possibilities as well, including internal auditor, electric meter installer, and retail sales department supervisor, which pay $53,000 through to $101,000 per year, on average. Because of this, we believe that Priscilla can pay for this direct loan of $50000.
Conclusion of Priscilla’s direct loan
In the end, Priscilla was able to find a direct loan for $50000 with an interest rate of 7.3% interest APR from Eden State Bank in Eden, Texas repayable over 20 years from today.