$80000 Direct Loan – Warrensburg Missouri, Credit Rating Of 762
- Experian: 772 – They had an excellent Experian rating
- Transunion: 745 – Derick had an excellent credit score with Transunion.
- Equifax: Derick’s Experian score was 762, which is an excellent credit rating with the Experian system.
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $32,000.00 to $43,000.00. They are mainly used to pay off existing high interest loans like credit cards. Derick needed a debt consolidation loan to pay for their existing direct loan and their loan shark loan. Derick was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your dirty, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 3.7%.
Before applying for this direct loan, Derick had an Experian score of 772, which is excellent, so Central Bank of Warrensburg probably cannot provide Derick a direct loan
Derick has a sad current total income, but has several of prospects
Derick has always wanted to be a sports events business manager, but would have to attend Staten Island University Hospital Dental General Practice Residency 24 Months again to achieve it. Derick has other prospects as well, including screen writer, cost analysis engineer, and ship pilot, which pay $54,000 through to $99,000 per year, at least. For this reason, we think that Derick can afford this direct loan of $80000.
When Derick was 18, they attempted to obtain a student loan from 4 alternate banks, which damaged their credit rating. Below is a list of Derick’s previous attempts at finding a student loan:
- Attempt 1) Loan for $25,000.00 on March 12, 2009
- Attempt 2) Loan for $39,000.00 on July 15, 2011
- Attempt 3) Loan for $29,000.00 on January 4, 2010
- Attempt 4) Loan for $21,000.00 on January 1, 2013
Derick was declined by Wood & Huston Bank 5 times prior to being granted funding by Central Bank of Warrensburg at 401 North Maguire Street
On September 15, 2010, Derick inquired about borrowing $14,000 from Mercantile Bank National Association with Lorriane, their friend from just outside Warrensburg, and even with the co-signer, Derick was rejected for this direct loan. With excellent credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Several past requests for credit have been made by Derick in the past, including one from The Bank of Edwardsville in Warrensburg, Missouri before Derick was accepted for the $80000 by Central Bank of Warrensburg
Derick made 7 prior attempts to obtain a direct loan, 2 of which were with The Bank of Edwardsville, a lender in Warrensburg, Missouri known to specialize in direct loans specifically. Before finding Central Bank of Warrensburg, Derick was very concerned due to their inexperience and excellent credit rating.
Previous requests on Derick’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$106550.00||11||6.3%||$1120.97||Camden County Bank||September 26, 2010|
|$106710.00||11||7.2%||$1172.66||Glasgow Savings Bank||February 3, 2012|
|$106560.00||9||8.7%||$1426.24||Central Bank||September 1, 2014|
|$107150.00||11||6.7%||$1149.45||Midwest BankCentre||March 17, 2015|
|$107410.00||4||8.1%||$2627.24||Commerce Bank of Richmond Heights||April 7, 2015|
Personal Loan for an athletic coach named Derick in Warrensburg, Missouri to Pay Off The I’m Too Young For This! Cancer Foundation Visa Platinum Rewards Card
Derick had a lot of credit card debt on their Five Star Bank Visa Signature Bonus Rewards Card and their First Hawaiian Bank MasterCard or Visa Credit Card, and they were starting to get in over their heads. Despite Derick’s job as an athletic coach, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Signature Loan found in Warrensburg, Missouri for $80000 with excellent credit by Derick
A lot of clients struggle with obtaining signature loans in Warrensburg, Missouri, and Derick is not an exception. Derick went to 5 lenders or more before settling on Central Bank of Warrensburg, who offered Derick a signature loan for $80000. Typical signature loans simply require a client, like Derick’s signature to get them, up to $34,000 in some cases. Derick was able to get $80000 as a direct loan, which is very high for a direct loan. Since signature loans don’t need collateral, they generally require higher credit, as high as 728
6 Months in the Past, Derick Attempted Finding a High Risk Loan for $20,000.00, and it was Easy
It is an well known struggle for clients to get high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Derick. Derick chose not to obtain a high risk loan this time. High Risk loans are given to terrible credit applicants. Clients with credit scores as low as 425 can inquire for a high risk loan and may be be accepted.
Installment loan for Derick, a graduate of Staten Island University Hospital Dental General Practice Residency 24 Months and an athletic coach working for over $68,000 per year
Derick, an alumnus at Staten Island University Hospital Dental General Practice Residency 24 Months and an athletic coach in Warrensburg, Missouri wants a direct loan to purchase something frivolous. Derick has instead decided to get an installment loan for $21,000 and is currently seeking lenders like Union Planters Bank of Missouri to provide it.
Fast Loans for Derick in Warrensburg, Missouri to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Warrensburg, Missouri aren’t actually that difficult to obtain, particularly if you have some gumption like Derick. Derick was able to find a fast loan for $80000 from Northwestern Bank and Trust Company and The Bank of Versailles, but turned down both offers in favor of their direct loan from Central Bank of Warrensburg. The difference 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 personal loans. A big difference if a borrower is in a time sensitive situation.
- Full name (Changed if requested): Derick Matsuura
- Current Credit: loans.hit.utils.Fico@41cf53f9
- Current City: Warrensburg
- State: Missouri
- Zip code: 64102
- Yearly income: $55,000
- Current Job: athletic coach
- Current County: Johnson
- Goal Yearly Income: $82,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Derick’s Overall FICO score at the time of acceptance for a direct loan, taking into account their athletic coach job and their future career as a sports events business manager
Derick’s Transunion score was altered by the direct loan loan, changing to 745 from 762, which is normal in our experience.
Paraphrased and Standardized Quote from Derick for this direct loan of $80000, provided by Central Bank of Warrensburg
Hello, I am Derick and I’m from Warrensburg in Missouri. Johnson, county is where I grew up, and now I need a direct loan in Missouri for $80000 to avoid bankruptcy. It has been difficult, but Central Bank of Warrensburg really came through for me with this loan for 11.4% interest APR and a term of 17 years. I can repay the loan over the 17 year term, including interest. A big thanks to Central Bank of Warrensburg for trusting me and my excellent credit. It look me 4 years to build my credit to 762, and I won’t tarnish it any more. I’m happy with Find Texas Loans for helping me this far.
Contact Details for Central Bank of Warrensburg, the provider of this direct loan
- Central Bank of Warrensburg
- City: Warrensburg
- State: Missouri
- Address: 401 North Maguire Street
- County: Johnson
- Zip code: 64093
Conclusion of Derick’s direct loan
In the end, Derick was able to find a direct loan for $80000 with an interest rate of 11.8% interest APR from Central Bank of Warrensburg in Warrensburg, Missouri repayable over 17 years from now.