Fair Credit Lenders in Little Rock AR
Lenders: contact
us for listing removal.
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Arkansas Federal Credit Union
1001 W Capitol Ave Little Rock
AR 72201 - www.afcu.org
501.982.1000
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TruService Community FCU
11001 Hermitage Rd, Little Rock
AR 72211 - www.truservice.net
501.225.3636
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Telcoe Federal Credit Union
820 S Louisiana Street Little Rock
AR 72201 - www.telcoe.com
501.375.5321
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UP Arkansas Federal Credit Union
1501 Pike Ave, North Little Rock
AR 72114 - www.upfcu.org
501.374.2190
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Baptist Health Federal Credit Union
9000 Kanis Rd, Little Rock
AR 72205 - 501.202.2373
www.baptist-healthfcu.com
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VA Hospital Federal Credit Union
4300 W 7th St, Little Rock
AR 72205 - www.vahospitalfcu.org
501.661.1938
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Dillard's Federal Credit Union
1600 Cantrell Rd, Little Rock
AR 72201 - www.mydfcu.com
501.340.2300
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Electric Cooperatives FCU
1 81st St, Little Rock
AR 72219 - 501.570.2396
www.electriccoopfcu.org
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Southern Gas Federal Credit Union
2205 E Roosevelt Rd, Little Rock
AR 72206 - southerngasfcu.com
501.374.2031
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Little Rock Debt Consolidation
600 E Capitol Ave Little Rock
AR 72202 - 501.235.8602
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Debt Hero Debt Consolidation
300 S Rodney Parham Road
Little Rock AR 72205
501.235.8245
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Bad Credit
Loans in Little Rock AR
Little Rock AR Lender
Area Map
Tap image for interactive
map.
Little Rock AR Loan App
Volume
Top 5 Little Rock
neighborhood loan app volume
- Chicot West
- Stephens
- Rock Creek
- Cloverdale Watson
- Hillcrest
Central High School in Little Rock Arkansas:
Licensing
Little Rock Bad Credit Loan Example
Omar has lived in Little Rock his entire
life now works in construction. Unfortunately, he was laid off completely
out of the blue. He tried getting employment, but he had no luck getting
rehired with a different contractor. His wife didn't have a job at the
time, and their bills started piling up.
Omar and his wife Julie were starting
to get notices from their creditors; asking them to start making payments.
Their interest rates and penalty fees started acclimating as well, which
resulted in a lot of stress on the family.
They have three children to support, which
made it even worse for them. Julie tried getting a job too, and the both
of them were now in the market for employment.
Within a year their credit score was so
bad they were being turned down by all local lenders. It was a very bad
time.
Omar's credit score was an abysmal 510
which made it almost impossible to get approved with ANY traditional lenders
- this includes all the credit unions and banks in Little Rock.
Julie had a bad credit rating too, with
a score of 580. As you can see, they were between a rock and hard place.
They looked into the Prosper.com website,
hoping they could get a loan to get all their bills caught up, and get
their car paid off. They were just trying to get their monthly costs down
as soon as possible.
But when both people in the relationship
have a poor credit rating, traditional banks and credit unions will only
damage your credit rating further, if you keep applying for more credit.
Since Prosper didn't pan out, they started
looking for other websites that have private lenders reviewing their request(s).
Ultimately, they found the WFL Project
and submitted their pre-application for a $30,000 loan. They did the basic
math and decided they needed at least $30K to catch them with all of their
creditors.
Here is the math on the private loan they
were approved for from on of the lenders in our pool that can legally
service consumers in Arkansas:
• Loan Amount (principal) = $30000
• Interest Rate = 14.88%
• Term Length = 4 years
• Monthly Payment = $833.10
• Total Paid Back = $39,988.74
• Total Interest = $9,988.74
This is a very expensive loan (as you
can see above) - this isn't a loan you ever want to get, but at least
the interest rate is a lot less that if you borrowed money from a credit
card company.
A total of almost $10000 in interest over
the four year term! This is why we always encourage our users to pay special
attention to their credit rating - no matter how tight your situation
is - you want to take drastic measures if necessary to keep your credit
rating clean and up to date.
If you're living in Little Rock like Omar
and Julie and need a loan regardless of your credit rating, we may be
able to help you find a willing lender.
Sincerely,
Andy Somerset

Andy
Somerset is a writer for the WFL Project.
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Upgrades Nearest Little Rock AR
Job/Income Upgrades: Indeed
/ Monster
Education Upgrades:
College / University
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Little Rock
Credit Counseling
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map.
Counselors contact
us for listing removal or info change.
Little Rock Credit Counseling
300 S Rodney Parham Rd Little Rock
AR 72205 - 501.753.0202
helpingfamiliesfirst.org
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Money Management International
Westpark Executive Centre
7101 West 12th Street Suite 200
Little Rock, AR 72204
www.moneymanagement.org
713.394.3232
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Credit Counseling Serving Little Rock
400 Hardin Rd #100, Little Rock
AR 72211 - www.consumercredit.com
501.803.9353
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Federal Resources
FTC
Budget PDF / USA.GOV Debt Info
Little Rock Non-Profit Services
Food Bank: Little Rock
AR Food Bank / Address: 4301 West 65th St, Little Rock, AR 72209 / Phone:
501.565.8121
Hot/Cold Meals: Little
Rock Salvation Army / 111 West Markham Street, Little Rock, AR 72201 /
Phone: 501.374.9296 / Monday – Friday 8:30 a.m. to 4:30 p.m
Shelter In Case of Eviction:
Little Rock Shelters for Homeless
Social Assistance: Low
Income Assistance in Little Rock
Healthcare Assistance:
Serving Little Rock - Healthy
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Usury Law Governing
Little Rock AR
Summary of Arkansas Usury Law(s) /
Quote: Legal: 6% Contract:
5.5% (consumer rate capped at 17%) / Judgment: judgment rate on contracts
is greater of rates provided in contract or 10%. On other judgments rate
is lesser of 10% or current contract limit. / Corporate: No specific rate
(read
more on Arkansas lending laws)
Complaint process for Little Rock
residents:
Arkansas
State Bank Department / Contact: Physical Address: 400 Hardin Road, Suite
100, Little Rock, Arkansas 72211-3501 / Email: asbd@banking.state.ar.us
/ Phone: (501) 324-9019 / Fax: (501) 324-9028/ Arkansas
State Bank Department / Arkansas
Complaint Process
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