$6000 Private Loan – Fullerton California, Credit Rating Of 464
- Experian: 479 – This individual had a bad Experian score
- Transunion: 449 – Donnell had a bad credit score with Transunion.
- Equifax: Donnell’s Experian score was 464, which is a bad credit rating using the Experian scale.
7 Months in the Past, Donnell Tried to Find a High Risk Loan for $39,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Donnell. Donnell chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Borrowers with credit ratings as low as 358 can apply for a high risk loan and possibly can be approved.
Fast Loans for Donnell in Fullerton, California to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Fullerton, California aren’t actually that difficult to obtain, especially if you have some gumption like Donnell. Donnell was able to find a fast loan for $6000 from Union Bank and First Interstate Bank of California, but turned down both offers in favor of their private loan from Security First Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big improvement in the case that a client is in a time sensitive situation.
Contact Details for Security First Bank, the provider of this private loan
- Security First Bank
- City: Fullerton
- State: California
- Address: 141 West Bastanchury Road
- County: Orange
- Zip code: 92835
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $20,000.00 to $51,000.00. They are typically used to pay off existing high interest loans like credit cards. Donnell needed a debt consolidation loan to pay for their existing private loan and their loan shark loan. Donnell was able to find a private loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.2%.
Before applying for this private loan, Donnell had an Experian score of 479, which is bad, so Security First Bank likely cannot provide Donnell a private loan
Personal Loan for a package designer named Donnell in Fullerton, California to Pay Off Associated Bank College Rewards Visa Card
Donnell had a tonne of credit card debt on their Los Angeles Angels BankAmericard Cash Rewards MasterCard and their Nordstrom Visa Signature Card, and they were starting to get in over their heads. Despite Donnell’s job as a package designer, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Multiple previous requests for credit have been made by Donnell in the past, including one from Peoples Bank of Altenburg in Fullerton, California before Donnell was accepted for the $6000 by Security First Bank
Donnell made 8 previous tries to obtain a private loan, 2 of which were with Peoples Bank of Altenburg, a lending institution in Fullerton, California known to specialize in private loans specifically. Prior to finding Security First Bank, Donnell was desperate due to their inexperience and bad credit rating.
Previous requests on Donnell’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$38690.00||5||9.5%||$812.56||Santa Monica Bank||December 30, 2009|
|$39120.00||8||9.1%||$575.15||Farmers and Merchants Bank of Long Beach||October 26, 2013|
|$39130.00||8||10.3%||$599.99||First Interstate Bank of California||November 20, 2013|
|$38650.00||11||8.8%||$458.03||Union Bank||October 7, 2014|
|$39180.00||5||5.2%||$742.97||Citizens Commercial Trust and Savings Bank of Pasadena||May 14, 2015|
When Donnell was 24, they attempted to obtain a student loan from 5 different lenders, which harmed their credit score. Below is a chronology of Donnell’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on April 2, 2013
- Attempt 2) Loan for $36,000.00 on January 26, 2009
- Attempt 3) Loan for $35,000.00 on October 29, 2010
- Attempt 4) Loan for $34,000.00 on January 25, 2012
- Attempt 5) Loan for $27,000.00 on August 18, 2009
Donnell has a sad current total income, but has several of prospects
Donnell has always wanted to be a health psychologist, but would need attend Blue Ridge Community College again to become one. Donnell has other possibilities as well, including graduate teaching assistant, home entertainment system installer, and interpreter for the hearing impaired, which pay $53,000 through to $104,000 per year, on average. Because of this, we think that Donnell can pay for this private loan of $6000.
Installment loan for Donnell, a graduate of Blue Ridge Community College and a package designer working for over $71,000 per year
Donnell, an alumnus at Blue Ridge Community College and a package designer in Fullerton, California wants a private loan to purchase a new cell phone. Donnell has instead chosen to get an installment loan for $12,000 and is currently seeking lenders like The Merchants National Bank of Sacramento to provide it.
Signature Loan found in Fullerton, California for $6000 with bad credit by Donnell
A lot of prospective borrowers have difficulty with finding signature loans in Fullerton, California, and Donnell is no exception. Donnell went to 7 lending institutions or more before finding Security First Bank, who offered Donnell a signature loan for $6000. Most signature loans simply require a client, like Donnell’s signature to get them, up to $27,000 in some cases. Donnell was able to get $6000 as a private loan, which is very high for a private loan. Since signature loans do not require collateral, they generally need improved credit, as high as 783
Donnell was declined by U.S. Bank of California 7 times before being accepted by Security First Bank at 141 West Bastanchury Road
On December 7, 2008, Donnell inquired about borrowing $25,000 from Citizens Commercial Trust and Savings Bank of Pasadena with Terrie, their friend from just outside Fullerton, and even with the co-signer, Donnell was rejected for this private loan. With bad credit, it can be difficult to procure funding, even with collateral and a co-signer.
Paraphrased and Standardized Quote from Donnell for this private loan of $6000, provided by Security First Bank
Hello, I am Donnell and I’m from Fullerton in California. Orange, county is where I grew up, and now I need a private loan in California for $6000 to pay bills. It has been difficult, but Security First Bank really came through for me with this loan for 5.8% interest APR and a term of 19 years. I can probably repay the loan over the 19 year term, including interest. A big thanks to Security First Bank for giving me a chance and my bad credit. It look me 9 years to build my credit to 464, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Donnell’s Overall FICO score at the time of acceptance for a private loan, taking into account their package designer job and their future job as a health psychologist
- Full name (Changed if requested): Donnell Carlton
- Current Credit: loans.hit.utils.Fico@6a38e57f
- Current City: Fullerton
- State: California
- Zip code: 92836
- Yearly income: $33,000
- Current Job: package designer
- Current County: Orange
- Goal Yearly Income: $123,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Donnell’s Transunion score was changed by the private loan loan, changing to 449 from 464, which is normal in our experience.
Conclusion of Donnell’s private loan
In the end, Donnell was able to find a private loan for $6000 with an interest rate of 10.6% interest APR from Security First Bank in Fullerton, California repayable over 19 years from now.