Do you have over $10,000 in Debt? Get Help now.

Debt Consolidation Loan With Low APR In Milwaukee County, Wisconsin

$90000 Debt Consolidation Loan – Franklin Wisconsin, Credit Rating Of 457

  • Experian: 474 – This individual had a bad Experian score
  • Transunion: 444 – Mellissa had a bad credit rating with Transunion.
  • Equifax: Mellissa’s Experian score was 457, which is a bad credit rating on the Experian rating scheme.

Mellissa’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their elementary school teacher job and their future career as a respiratory therapist

Fico Score: 457

Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans vary from $32,000.00 to $56,000.00. They are normally used to pay off existing high interest loans like credit cards. Mellissa required a debt consolidation loan to pay for their existing debt consolidation loan and their payday loan. Mellissa was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which transfers your less desirable, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 3.1%.

Mellissa has a sad current total income, but has a high number of prospects

Mellissa has always wanted to be a respiratory therapist, but would have to attend Business Skills Institute-Las Cruces again to achieve it. Mellissa has other prospects as well, including carpet installer, materials inspector, and dentist, which pay $54,000 through to $106,000 per year, at least. For this reason, we believe that Mellissa can pay for this debt consolidation loan of $90000.

Paraphrased and Standardized Quote from Mellissa for this debt consolidation loan of $90000, provided by Franklin State Bank

Hi, I am Mellissa and I am from Franklin in Wisconsin. Milwaukee, county is where I grew up, and now I need a debt consolidation loan in Wisconsin for $90000 to avoid bankruptcy. It wasn’t easy, but Franklin State Bank really came through for me with this loan for 7.7% interest APR and a term of 2 years. I will repay the loan over the 2 year term, including interest. A big thanks to Franklin State Bank for giving me a chance and my bad credit. It look me 9 years to create my credit to 457, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.

Contact Details for Franklin State Bank, the provider of this debt consolidation loan

  • Franklin State Bank
  • City: Franklin
  • State: Wisconsin
  • Address: 7000 South – 76th Street
  • County: Milwaukee
  • Zip code: 53132

Fast Loans for Mellissa in Franklin, Wisconsin to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Franklin, Wisconsin aren’t actually that difficult to obtain, particularly if you have some finesse like Mellissa. Mellissa was able to find a fast loan for $90000 from Red Cedar Bank National Association and M&I Bay View State Bank, but declined both offers in favor of their debt consolidation loan from Franklin State Bank. 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 6 weeks for personal loans. An improvement in the case that a borrower is on the go.

6 Months Ago, Mellissa Tried to Find a High Risk Loan for $43,000.00, and it was Hard

It is an ongoing struggle for clients to get high risk loans in a safe manner. Many high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Mellissa. Mellissa decided not to obtain a high risk loan this time. High Risk loans are given to terrible credit clients. Clients with credit ratings as low as 382 can inquire for a high risk loan and may be be accepted.

Installment loan for Mellissa, a graduate of Business Skills Institute-Las Cruces and an elementary school teacher working for over $64,000 per year

Mellissa, an alumnus at Business Skills Institute-Las Cruces and an elementary school teacher in Franklin, Wisconsin wants a debt consolidation loan to purchase something frivolous. Mellissa has instead chosen to obtain an installment loan for $5,000 and is currently seeking lenders like Red Cedar Bank National Association to provide it.

Client Profile: Mellissa Sumbera of Franklin, Wisconsin
  • Full name (Changed if requested): Mellissa Sumbera
  • Current Credit: loans.hit.utils.Fico@1b2c6ec2
  • Current City: Franklin
  • State: Wisconsin
  • Zip code: 53133
  • Yearly income: $57,000
  • Current Job: elementary school teacher
  • Current County: Milwaukee
  • Goal Yearly Income: $117,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Mellissa’s Transunion score was changed by the debt consolidation loan loan, changing to 444 from 457, which is typical in our experience.

Transunion Score: 444

Personal Loan for an elementary school teacher named Mellissa in Franklin, Wisconsin to Pay Off RBC Business Cash Back MasterCard

Mellissa had a tonne of credit card debt on their Menard’s Big Card and their Macy’s American Express Card, and they were starting to get in over their heads. Despite Mellissa’s job as an elementary school teacher, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.

When Mellissa was 20, they attempted to obtain a student loan from 4 different lenders, which harmed their credit rating. Below is a list of Mellissa’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $39,000.00 on June 19, 2011
  • Attempt 2) Loan for $32,000.00 on March 12, 2013
  • Attempt 3) Loan for $39,000.00 on June 24, 2011
  • Attempt 4) Loan for $36,000.00 on January 19, 2012

Several previous requests for credit have been made by Mellissa in the past, including one from First Federal Savings and Loan Association in Franklin, Wisconsin before Mellissa was approved for the $90000 by Franklin State Bank

Mellissa made 5 prior attempts to obtain a debt consolidation loan, 2 of which were with First Federal Savings and Loan Association, a lending institution in Franklin, Wisconsin known to specialize in debt consolidation loans specifically. Prior to finding Franklin State Bank, Mellissa was concerned due to their inexperience and bad credit rating.

Signature Loan found in Franklin, Wisconsin for $90000 with bad credit by Mellissa

A lot of clients struggle with obtaining signature loans in Franklin, Wisconsin, and Mellissa is not an exception. Mellissa went to 6 lenders or more before settling on Franklin State Bank, who offered Mellissa a signature loan for $90000. Typical signature loans simply require a client, like Mellissa’s signature to obtain them, up to $36,000 in some cases. Mellissa was able to get $90000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not require collateral, these loans tend to require higher credit, as high as 762

Before applying for this debt consolidation loan, Mellissa had an Experian score of 474, which is bad, so Franklin State Bank probably cannot provide Mellissa a debt consolidation loan

Experian Score: 474

Mellissa was declined by Markesan State Bank 6 times prior to being approved by Franklin State Bank at 7000 South – 76th Street

On January 16, 2010, Mellissa inquired about borrowing $17,000 from Bank of North Lake with Dean, their in law from just outside Franklin, and even with the co-signer, Mellissa was rejected for this debt consolidation loan. With bad credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Previous requests on Mellissa’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$91890.00 9 9.7% $1278.81 M&I Bank of Burlington June 19, 2010
$91760.00 4 11.6% $2398.41 M&I Marshall and Ilsley Bank May 8, 2012
$92440.00 3 6.4% $2828.99 Continental Bank & Trust Co. May 24, 2013
$91620.00 4 9.2% $2288.68 Clare Bank, National Association June 14, 2014

Conclusion of Mellissa’s debt consolidation loan

In the end, Mellissa was able to find a debt consolidation loan for $90000 with an interest rate of 8.4% interest APR from Franklin State Bank in Franklin, Wisconsin repayable over 2 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.