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Marlana Wanted A Quick Loan For $58000, Morristown, Indiana

$58000 Quick Loan – Morristown Indiana, Credit Rating Of 828

  • Experian: 842 – This client had an excellent Experian score
  • Transunion: 809 – Marlana had an excellent credit rating with Transunion.
  • Equifax: Marlana’s Experian score was 828, which is an excellent credit score on the Experian scale.

8 Months in the Past, Marlana Tried to Find a High Risk Loan for $39,000.00, but They Didn’t Find What They were Expecting

It is an existing struggle for clients to get high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Marlana. Marlana decided not to get a high risk loan this time. High Risk loans are given to very low credit borrowers. Individuals with credit ratings as low as 398 can apply for a high risk loan and have a chance to be accepted.

Marlana’s Transunion score was altered by the quick loan loan, changing to 809 from 828, which is normal in our experience.

Transunion Score: 809

Signature Loan found in Morristown, Indiana for $58000 with excellent credit by Marlana

Most borrowers struggle with finding signature loans in Morristown, Indiana, and Marlana is no exception. Marlana went to 5 lending institutions or more before finding The Union State Bank, who offered Marlana a signature loan for $58000. Typical signature loans simply need a client, like Marlana’s signature to get them, up to $36,000 in some cases. Marlana was able to get $58000 as a quick loan, which is very high for a quick loan. Since signature loans do not require collateral, these loans generally require better credit, as high as 767

Marlana’s Overall FICO score at the time of acceptance for a quick loan, taking into account their contract specialist job and their future career as an exercise physiologist

Fico Score: 828

Fast Loans for Marlana in Morristown, Indiana to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Morristown, Indiana aren’t actually that difficult to obtain, especially if you have some finesse like Marlana. Marlana was able to find a fast loan for $58000 from Farmers State Bank and Citizens Banking Company, but declined both offers in favor of their quick loan from The Union State Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. A big difference in the case that you are in a time sensitive situation.

When Marlana was 24, they attempted to obtain a student loan from 4 different banks, which damaged their credit score. Below is a chronology of Marlana’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $21,000.00 on August 5, 2011
  • Attempt 2) Loan for $33,000.00 on January 30, 2014
  • Attempt 3) Loan for $20,000.00 on November 17, 2013
  • Attempt 4) Loan for $37,000.00 on July 23, 2012

Marlana has a very low current total income, but has a large amount of prospects

Marlana has always wanted to be an exercise physiologist, but would have to attend Chamberlain College of Nursing again to achieve it. Marlana has other prospects as well, including congressional aide, vocational education teachers, and insurance estate planner, which pay $54,000 through to $98,000 per year, at least. Because of this, we think that Marlana can pay for this quick loan of $58000.

Client Profile: Marlana Wedell of Morristown, Indiana
  • Full name (Changed if requested): Marlana Wedell
  • Current Credit: loans.hit.utils.Fico@1e80bfe8
  • Current City: Morristown
  • State: Indiana
  • Zip code: 46168
  • Yearly income: $40,000
  • Current Job: contract specialist
  • Current County: Shelby
  • Goal Yearly Income: $136,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000

Marlana was declined by Citizens Banking Company 6 times before being approved by The Union State Bank at Main Street

On August 4, 2011, Marlana applied about borrowing $22,000 from Alliance Bank with Gerardo, their in law from just outside Morristown, and even with the co-signer, Marlana was rejected for this quick loan. With excellent credit, it can be difficult to procure funding, even with collateral and a co-signer.

Installment loan for Marlana, a graduate of Chamberlain College of Nursing and a contract specialist working for over $60,000 per year

Marlana, an alumnus at Chamberlain College of Nursing and a contract specialist in Morristown, Indiana wants a quick loan to purchase a car. Marlana has instead chosen to get an installment loan for $18,000 and is at present seeking lenders like The Fairmount State Bank to process their request.

Personal Loan for a contract specialist named Marlana in Morristown, Indiana to Pay Off BB&T Visa Platinum Credit Card

Marlana had a tonne of credit card debt on their Restoration Hardware Credit Card and their Justice FCU Visa Platinum Rewards Card, and they were starting to get in over their heads. Despite Marlana’s job as a contract specialist, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Many other requests for credit have been made by Marlana in the past, including one from Bank of New England-North, National Association in Morristown, Indiana before Marlana was accepted for the $58000 by The Union State Bank

Marlana made 7 previous tries to obtain a quick loan, 2 of which were with Bank of New England-North, National Association, a lending institution in Morristown, Indiana known to specialize in quick loans specifically. Prior to finding The Union State Bank, Marlana was very concerned due to their inexperience and excellent credit score.

Previous requests on Marlana’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$69170.00 6 7.4% $1192.61 The Citizens Exchange Bank July 6, 2011
$69250.00 6 10.8% $1311.03 Alliance Bank April 28, 2013
$68510.00 10 6.4% $774.44 Farmers State Bank March 4, 2014
$68730.00 11 5.7% $702.06 First United Bank, National Association March 25, 2015

Paraphrased and Standardized Quote from Marlana for this quick loan of $58000, provided by The Union State Bank

Hi, I am Marlana and my hometown is Morristown in Indiana. Shelby, county is where I grew up, and now I need a quick loan in Indiana for $58000 to pay bills. It has been difficult, but The Union State Bank really came through for me with this loan for 6.8% interest APR and a term of 14 years. I can repay the loan over the 14 year term, including interest. A big thanks to The Union State Bank for trusting me and my excellent credit. It look me 8 years to build my credit to 828, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.

Before applying for this quick loan, Marlana had an Experian score of 842, which is excellent, so The Union State Bank likely cannot provide Marlana a quick loan

Experian Score: 842

Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Most debt consolidation loans vary from $36,000.00 to $59,000.00. They are mainly used to pay off existing high interest loans like credit cards. Marlana required a debt consolidation loan to pay for their existing quick loan and their payday loan. Marlana was able to find a quick loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.6%.

Contact Details for The Union State Bank, the provider of this quick loan

  • The Union State Bank
  • City: Morristown
  • State: Indiana
  • Address: Main Street
  • County: Shelby
  • Zip code: 46161

Conclusion of Marlana’s quick loan

In the end, Marlana was able to find a quick loan for $58000 with an interest rate of 11.5% interest APR from The Union State Bank in Morristown, Indiana repayable over 14 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.

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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.