$4000 Auto Loan – Scottsdale Arizona, Credit Rating Of 388
- Experian: 399 – This individual had a terrible Experian score
- Transunion: 375 – Theresa had a terrible credit score with Transunion.
- Equifax: Theresa’s Experian score was 388, which is a terrible credit rating using the Experian system.
Contact Details for Stearns Bank Arizona National Association, the provider of this auto loan
- Stearns Bank Arizona National Association
- City: Scottsdale
- State: Arizona
- Address: 9225 East Shea Boulevard
- County: Maricopa
- Zip code: 85260
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $29,000.00 to $58,000.00. They are mainly used to pay off existing high interest loans like credit cards. Theresa required a debt consolidation loan to pay for their existing auto loan and their credit card. Theresa was able to find a auto loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which converts your less desirable, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.0%.
Personal Loan for an answering service operator named Theresa in Scottsdale, Arizona to Pay Off HAS Advantage Visa Signature Card
Theresa had a tonne of credit card debt on their Bethpage FCU MasterCard Platinum Rewards Credit Card and their Diners Club Charge Card, and they were starting to get in over their heads. Despite Theresa’s job as an answering service operator, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
8 Months in the Past, Theresa Tried Finding a High Risk Loan for $45,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for clients to find high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Theresa. Theresa chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit applicants. Clients with credit ratings as low as 441 can apply for a high risk loan and may be be accepted.
Before applying for this auto loan, Theresa had an Experian score of 399, which is terrible, so Stearns Bank Arizona National Association probably cannot provide Theresa an auto loan
Paraphrased and Standardized Quote from Theresa for this auto loan of $4000, provided by Stearns Bank Arizona National Association
Hi, I am Theresa and I’m from Scottsdale in Arizona. Maricopa, county is where I grew up, and now I need a auto loan in Arizona for $4000 to buy a car. It wasn’t easy, but Stearns Bank Arizona National Association really came through for me with this loan for 5.2% interest APR and a term of 4 years. I can probably repay the loan over the 4 year term, including interest. A big thanks to Stearns Bank Arizona National Association for giving me a chance and my terrible credit. It look me 5 years to create my credit to 388, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.
Installment loan for Theresa, a graduate of St. Catherine University and an answering service operator working for over $66,000 per year
Theresa, an alumnus at St. Catherine University and an answering service operator in Scottsdale, Arizona needs an auto loan to purchase a car. Theresa has instead decided to obtain an installment loan for $12,000 and is currently seeking lenders like Grand Canyon State Bank to process their request.
Theresa has a sad current gross income, but has several of prospects
Theresa has always wanted to be a radiation protection engineer, but would need attend St. Catherine University again to achieve it. Theresa has other prospects as well, including fitness trainer, mining shovel machine operator, and hearing officer, which pay $58,000 through to $101,000 per year, on average. For this reason, we think that Theresa can afford this auto loan of $4000.
Signature Loan found in Scottsdale, Arizona for $4000 with terrible credit by Theresa
Most borrowers have difficulty with obtaining signature loans in Scottsdale, Arizona, and Theresa is no different. Theresa went to 7 lending institutions or more before settling on Stearns Bank Arizona National Association, who offered Theresa a signature loan for $4000. Typical signature loans simply require a client, like Theresa’s signature to obtain them, up to $29,000 in some cases. Theresa was able to get $4000 as a auto loan, which is very high for an auto loan. Since signature loans do not need a cosigner, they generally require higher credit, as high as 752
Many previous requests for credit have been made by Theresa in the past, including one from The Peoples State Saving Bank in Scottsdale, Arizona before Theresa was accepted for the $4000 by Stearns Bank Arizona National Association
Theresa made 4 prior attempts to obtain an auto loan, 2 of which were with The Peoples State Saving Bank, a bank in Scottsdale, Arizona known to specialize in auto loans specifically. Before finding Stearns Bank Arizona National Association, Theresa was desperate due to their inexperience and terrible credit score.
Fast Loans for Theresa in Scottsdale, Arizona to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Scottsdale, Arizona aren’t actually that difficult to obtain, particularly if you have some gumption like Theresa. Theresa was able to find a fast loan for $4000 from Arizona Bank and The State Bank, but turned down both offers in favor of their auto loan from Stearns Bank Arizona National Association. 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 personal loans. A big improvement in the case that you are on the go.
Previous requests on Theresa’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$74720.00||9||9.1%||$1015.89||Wells Fargo Bank of Arizona, National Association||May 27, 2011|
|$74680.00||7||8.8%||$1193.97||Citibank (Arizona)||November 23, 2011|
|$74760.00||9||11.4%||$1110.03||Southern Arizona Bank and Trust Company||May 6, 2013|
|$74900.00||10||10.3%||$1002.29||Bank One, Arizona, National Association||December 11, 2013|
|$74680.00||6||10.4%||$1398.62||Security Pacific Bank Arizona||October 11, 2014|
Theresa’s Overall FICO score at the time of acceptance for an auto loan, taking into account their answering service operator job and their future job as a radiation protection engineer
When Theresa was 24, they tried to obtain a student loan from 7 different banks, which damaged their credit score. Below is a list of Theresa’s prior attempts at finding a student loan:
- Attempt 1) Loan for $24,000.00 on May 20, 2010
- Attempt 2) Loan for $29,000.00 on August 15, 2011
- Attempt 3) Loan for $39,000.00 on November 17, 2008
- Attempt 4) Loan for $25,000.00 on September 7, 2010
- Attempt 5) Loan for $23,000.00 on January 13, 2014
- Attempt 6) Loan for $29,000.00 on March 30, 2009
- Attempt 7) Loan for $36,000.00 on March 21, 2012
Theresa was declined by United Bank of Arizona 4 times prior to being granted funding by Stearns Bank Arizona National Association at 9225 East Shea Boulevard
On October 23, 2008, Theresa inquired about borrowing $30,000 from Southwestern Bank with Wan, their in law from just outside Scottsdale, and even with the co-signer, Theresa was rejected for this auto loan. With terrible credit, it can be difficult to procure funding, even with collateral and a co-signer.
- Full name (Changed if requested): Theresa Bitzer
- Current Credit: loans.hit.utils.Fico@5387f9e0
- Current City: Scottsdale
- State: Arizona
- Zip code: 85269
- Yearly income: $62,000
- Current Job: answering service operator
- Current County: Maricopa
- Goal Yearly Income: $135,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Theresa’s Transunion score was altered by the auto loan loan, changing to 375 from 388, which is typical in our experience.
Conclusion of Theresa’s auto loan
In the end, Theresa was able to find an auto loan for $4000 with an interest rate of 8.1% interest APR from Stearns Bank Arizona National Association in Scottsdale, Arizona repayable over 4 years from today.