$28000 Quick Loan – Manitowoc Wisconsin, Credit Rating Of 420
- Experian: 437 – This client had a bad Experian score
- Transunion: 403 – Kip had a bad credit score with Transunion.
- Equifax: Kip’s Experian score was 420, which is a bad credit rating using the Experian scale.
8 Months in the Past, Kip Tried Finding a High Risk Loan for $27,000.00, and it was Easy
There is an well known struggle for clients to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Kip. Kip chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Clients with credit scores as low as 474 can inquire for a high risk loan and have a chance to be accepted.
Personal Loan for a border patrol agent named Kip in Manitowoc, Wisconsin to Pay Off RBC Bank Visa Platinum Credit Card
Kip had a tonne of credit card debt on their Justice FCU Visa Classic Card and their Garfield Visa With Rewards from Commerce Bank, and they were starting to get in over their heads. Despite Kip’s job as a border patrol agent, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan found in Manitowoc, Wisconsin for $28000 with bad credit by Kip
Most borrowers have difficulty with finding signature loans in Manitowoc, Wisconsin, and Kip is no exception. Kip went to 5 lending institutions or more before settling on Firstar Bank Manitowoc, who offered Kip a signature loan for $28000. Typical signature loans simply require a client, like Kip’s signature to obtain them, up to $36,000 in some cases. Kip was able to get $28000 as a quick loan, which is very high for a quick loan. Because signature loans don’t need collateral, these loans tend to need higher credit, as high as 751
When Kip was 19, they tried to obtain a student loan from 7 different banks, which damaged their credit rating. Below is a chronology of Kip’s previous attempts at finding a student loan:
- Attempt 1) Loan for $25,000.00 on January 21, 2009
- Attempt 2) Loan for $34,000.00 on July 26, 2010
- Attempt 3) Loan for $33,000.00 on June 1, 2010
- Attempt 4) Loan for $20,000.00 on January 14, 2014
- Attempt 5) Loan for $24,000.00 on October 9, 2010
- Attempt 6) Loan for $24,000.00 on July 4, 2010
- Attempt 7) Loan for $34,000.00 on March 14, 2011
Previous requests on Kip’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$132600.00||5||8.2%||$2701.36||M&I Bank of Burlington||May 2, 2012|
|$132650.00||4||9.7%||$3345.27||M&I Marshall and Ilsley Bank||June 1, 2014|
|$132690.00||4||8.1%||$3245.58||Continental Bank & Trust Co.||September 20, 2014|
|$133120.00||10||10.8%||$1818.69||Clare Bank, National Association||March 25, 2015|
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $39,000.00 to $47,000.00. They are mainly used to pay off existing high interest loans like credit cards. Kip required a debt consolidation loan to pay for their existing quick loan and their loan shark loan. Kip was able to find a quick 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 lower interest loan. Debt consolidation loans usually have interest rates as low as 4.2%.
Kip has a sad current yearly income, but has a large amount of prospects
Kip has always wanted to be a restaurant food coordinator, but would need attend Center for Naval Aviation Technical Training (CNATT) again to achieve it. Kip has other prospects as well, including advertising agency coordinator, physical therapy assistant, and environmental compliance inspector, which pay $52,000 through to $91,000 per year, at least. Because of this, we think that Kip can afford this quick loan of $28000.
Multiple other requests for credit have been made by Kip in the past, including one from The Mission Bank in Manitowoc, Wisconsin before Kip was accepted for the $28000 by Firstar Bank Manitowoc
Kip made 4 previous tries to obtain a quick loan, 2 of which were with The Mission Bank, a bank in Manitowoc, Wisconsin known to specialize in quick loans specifically. Before finding Firstar Bank Manitowoc, Kip was concerned due to their inexperience and bad credit rating.
Kip’s Transunion score was altered by the quick loan loan, changing to 403 from 420, which is normal in our experience.
Kip’s Overall FICO score at the time of acceptance for a quick loan, taking into account their border patrol agent job and their future job as a restaurant food coordinator
Before applying for this quick loan, Kip had an Experian score of 437, which is bad, so Firstar Bank Manitowoc likely cannot provide Kip a quick loan
Contact Details for Firstar Bank Manitowoc, the provider of this quick loan
- Firstar Bank Manitowoc
- City: Manitowoc
- State: Wisconsin
- Address: 1617 Washington Street
- County: Manitowoc
- Zip code: 54220
Paraphrased and Standardized Quote from Kip for this quick loan of $28000, provided by Firstar Bank Manitowoc
Hello, I am Kip and I’m from Manitowoc in Wisconsin. Manitowoc, county is where I grew up, and now I need a quick loan in Wisconsin for $28000 to renovate my home. It has been difficult, but Firstar Bank Manitowoc really came through for me with this loan for 9.0% interest APR and a term of 9 years. I can probably repay the loan over the 9 year term, including interest. A big thanks to Firstar Bank Manitowoc for trusting me and my bad credit. It look me 7 years to create my credit to 420, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Kip Workowski
- Current Credit: loans.hit.utils.Fico@31cefde0
- Current City: Manitowoc
- State: Wisconsin
- Zip code: 54224
- Yearly income: $58,000
- Current Job: border patrol agent
- Current County: Manitowoc
- Goal Yearly Income: $111,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Fast Loans for Kip in Manitowoc, Wisconsin to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Manitowoc, Wisconsin aren’t actually that difficult to obtain, particularly if you have some gumption like Kip. Kip was able to find a fast loan for $28000 from The Bank of Brodhead and Citizens State Bank, but turned down both offers in favor of their quick loan from Firstar Bank Manitowoc. The improvement with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. Much better if you are in a pinch.
Installment loan for Kip, a graduate of Center for Naval Aviation Technical Training (CNATT) and a border patrol agent working for over $69,000 per year
Kip, an alumnus at Center for Naval Aviation Technical Training (CNATT) and a border patrol agent in Manitowoc, Wisconsin wants a quick loan to purchase a new cell phone. Kip has instead decided to get an installment loan for $22,000 and is currently seeking lenders like Valley Bank of Fredonia to provide it.
Kip was not approved by United Bank and Trust of Madison 7 times prior to being accepted by Firstar Bank Manitowoc at 1617 Washington Street
On August 2, 2011, Kip applied about borrowing $16,000 from Bank of Jackson with Shaniqua, their in law from just outside Manitowoc, and even with the co-signer, Kip was rejected for this quick loan. With bad credit, it can be challenging to obtain financing, even with collateral and a co-signer.
Conclusion of Kip’s quick loan
In the end, Kip was able to find a quick loan for $28000 with an interest rate of 8.8% interest APR from Firstar Bank Manitowoc in Manitowoc, Wisconsin repayable over 9 years from today.