$33000 Quick Loan – Taylor Michigan, Credit Score Of 525
- Experian: 543 – This client had a fair Experian score
- Transunion: 510 – Alana had a fair credit rating with Transunion.
- Equifax: Alana’s Experian score was 525, which is a fair credit rating using the Experian system.
Personal Loan for an art restorer named Alana in Taylor, Michigan to Pay Off Marshalls Credit Card
Alana had a tonne of credit card debt on their MCU Visa Classic and their Shell Drive for Five Card, and they were starting to get in over their heads. Despite Alana’s job as an art restorer, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
7 Months Ago, Alana Attempted Finding a High Risk Loan for $43,000.00, and it was Hard
There is an existing struggle for borrowers to find high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Alana. Alana chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Clients with credit ratings as low as 471 can inquire for a high risk loan and have a chance to be accepted.
Alana was rejected by First America Bank – Mt. Pleasant 5 times prior to being approved by New Guaranty Federal Savings and Loan Association at 23333 Eureka Road
On October 21, 2008, Alana applied about borrowing $9,000 from NBD Grand Haven with Duane, their friend from just outside Taylor, and even with the co-signer, Alana was rejected for this quick loan. With fair credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Alana’s Transunion score was changed by the quick loan loan, changing to 510 from 525, which is normal in our experience.
Paraphrased and Standardized Quote from Alana for this quick loan of $33000, provided by New Guaranty Federal Savings and Loan Association
Hi, I am Alana and my hometown is Taylor in Michigan. Wayne, county is where I grew up, and now I need a quick loan in Michigan for $33000 to pay bills. It wasn’t easy, but New Guaranty Federal Savings and Loan Association really came through for me with this loan for 5.5% 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 New Guaranty Federal Savings and Loan Association for giving me a chance and my fair credit. It look me 7 years to create my credit to 525, and I won’t tarnish it any future. I am happy with Find Texas Loans for assisting me this far.
Alana’s Overall FICO score at the time of acceptance for a quick loan, taking into account their art restorer job and their future job as a motor vehicle inspector
Fast Loans for Alana in Taylor, Michigan to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Taylor, Michigan aren’t actually that difficult to obtain, particularly if you have some gumption like Alana. Alana was able to find a fast loan for $33000 from Isabella Bank and Isabella Bank, but turned down both offers in favor of their quick loan from New Guaranty Federal Savings and Loan Association. The difference with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big improvement in the case that you are in a pinch.
When Alana was 19, they attempted to obtain a student loan from 7 alternate lenders, which harmed their credit score. Below is a chronology of Alana’s previous attempts at finding a student loan:
- Attempt 1) Loan for $30,000.00 on January 28, 2010
- Attempt 2) Loan for $24,000.00 on December 11, 2011
- Attempt 3) Loan for $27,000.00 on March 10, 2009
- Attempt 4) Loan for $33,000.00 on October 20, 2008
- Attempt 5) Loan for $25,000.00 on March 26, 2013
- Attempt 6) Loan for $20,000.00 on November 10, 2011
- Attempt 7) Loan for $23,000.00 on June 26, 2013
Multiple previous requests for credit have been made by Alana in the past, including one from Dean Co-operative Bank in Taylor, Michigan before Alana was accepted for the $33000 by New Guaranty Federal Savings and Loan Association
Alana made 6 previous attempts to obtain a quick loan, 2 of which were with Dean Co-operative Bank, a lending institution in Taylor, Michigan known to specialize in quick loans specifically. Prior to finding New Guaranty Federal Savings and Loan Association, Alana was concerned due to their inexperience and fair credit score.
Alana has a low current total income, but has several of prospects
Alana has always wanted to be a motor vehicle inspector, but would have to attend Vanderbilt University again to achieve it. Alana has other prospects as well, including ceiling tile installer, medical assistant, and child support services worker, which pay $55,000 through to $108,000 per year, on average. Because of this, we believe that Alana can afford this quick loan of $33000.
Before applying for this quick loan, Alana had an Experian score of 543, which is fair, so New Guaranty Federal Savings and Loan Association likely cannot provide Alana a quick loan
Installment loan for Alana, a graduate of Vanderbilt University and an art restorer working for over $67,000 per year
Alana, an alumnus at Vanderbilt University and an art restorer in Taylor, Michigan wants a quick loan to purchase something frivolous. Alana has instead decided to obtain an installment loan for $16,000 and is currently seeking lenders like First of America Bank – Frankenmuth to provide it.
Signature Loan acquired in Taylor, Michigan for $33000 with fair credit by Alana
Most clients have difficulty with finding signature loans in Taylor, Michigan, and Alana is the same. Alana went to 5 lenders or more prior to settling on New Guaranty Federal Savings and Loan Association, who offered Alana a signature loan for $33000. Typical signature loans simply require a client, like Alana’s signature to obtain them, up to $32,000 in some cases. Alana was able to get $33000 as a quick loan, which is very high for a quick loan. Because signature loans do not require a cosigner, they tend to require higher credit, as high as 777
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $34,000.00 to $58,000.00. They are mainly used to pay off existing high interest loans like credit cards. Alana required a debt consolidation loan to pay for their existing quick loan and their payday loan. Alana was able to find a quick loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.6%.
Contact Details for New Guaranty Federal Savings and Loan Association, the provider of this quick loan
- New Guaranty Federal Savings and Loan Association
- City: Taylor
- State: Michigan
- Address: 23333 Eureka Road
- County: Wayne
- Zip code: 48180
- Full name (Changed if requested): Alana Tedrick
- Current Credit: loans.hit.utils.Fico@439f5b3d
- Current City: Taylor
- State: Michigan
- Zip code: 48185
- Yearly income: $44,000
- Current Job: art restorer
- Current County: Wayne
- Goal Yearly Income: $106,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Previous requests on Alana’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$75370.00||4||9.8%||$1904.35||Society Bank, Lenawee||October 8, 2012|
|$74740.00||9||11.3%||$1105.57||Bank of Lenawee||November 22, 2013|
|$74550.00||8||11.1%||$1175.09||First of America Bank – Alpena||March 13, 2015|
|$75360.00||7||7.2%||$1144.77||NBD Ann Arbor, National Association||August 9, 2015|
|$75390.00||11||11.6%||$1013.4||First of America Bank – Mid Michigan, National Association||September 1, 2015|
Conclusion of Alana’s quick loan
In the end, Alana was able to find a quick loan for $33000 with an interest rate of 6.2% interest APR from New Guaranty Federal Savings and Loan Association in Taylor, Michigan repayable over 19 years from today.