$96000 Student Loan – Platteville Wisconsin, Credit Score Of 643
- Experian: 657 – This client had a good Experian rating
- Transunion: 625 – Myung had a good credit score with Transunion.
- Equifax: Myung’s Experian score was 643, which is a good credit score with the Experian rating scheme.
Fast Loans for Myung in Platteville, Wisconsin to prevent bankruptcy or harm from debt collectors.
Fast loans in Platteville, Wisconsin aren’t actually that difficult to obtain, particularly if you have some gumption like Myung. Myung was able to find a fast loan for $96000 from Kilbourn State Bank and S & C Bank, Chippewa, but turned down both offers in favor of their student loan from The First National Bank of Platteville. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement in the case that a client is in a pinch.
Installment loan for Myung, a graduate of Wayne State University and a real estate broker working for over $79,000 per year
Myung, an alumnus at Wayne State University and a real estate broker in Platteville, Wisconsin wants a student loan to purchase something frivolous. Myung has instead decided to get an installment loan for $11,000 and is currently seeking lenders like First Bank Southeast, National Association to process their request.
Myung has a sad current yearly income, but has a large amount of prospects
Myung has always wanted to be a benefits manager, but would have to attend Wayne State University again to achieve it. Myung has other prospects as well, including forestry and conservation professor, massage therapist, and crossing guard, which pay $55,000 through to $105,000 per year, on average. Because of this, we think that Myung can afford this student loan of $96000.
8 Months in the Past, Myung Attempted to Find a High Risk Loan for $37,000.00, but They Didn’t Find What They were Expecting
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 similar lenders, which can be physically harmful to borrowers like Myung. Myung chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit applicants. Clients with credit scores as low as 403 can apply for a high risk loan and have a chance to be accepted.
Myung’s Transunion score was altered by the student loan loan, changing to 625 from 643, which is normal in our experience.
Signature Loan acquired in Platteville, Wisconsin for $96000 with good credit by Myung
Many borrowers struggle with obtaining signature loans in Platteville, Wisconsin, and Myung is the same. Myung went to 8 lending institutions or more before finding The First National Bank of Platteville, who offered Myung a signature loan for $96000. Typical signature loans simply require a client, like Myung’s signature to get them, up to $41,000 in some cases. Myung was able to get $96000 as a student loan, which is very high for a student loan. Because signature loans don’t require collateral, they tend to require higher credit, as high as 722
Previous requests on Myung’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$135360.00||10||9.8%||$1773.83||M&I Bank of Burlington||January 6, 2010|
|$135150.00||11||8.8%||$1601.61||M&I Marshall and Ilsley Bank||April 8, 2011|
|$134600.00||6||7.1%||$2301.27||Continental Bank & Trust Co.||January 27, 2014|
|$134670.00||9||10.2%||$1910.59||Clare Bank, National Association||September 6, 2014|
|$135160.00||3||8.3%||$4254.15||Norwest Bank Wisconsin East Central||April 15, 2015|
- Full name (Changed if requested): Myung Batteiger
- Current Credit: loans.hit.utils.Fico@2e5d6d97
- Current City: Platteville
- State: Wisconsin
- Zip code: 53826
- Yearly income: $30,000
- Current Job: real estate broker
- Current County: Grant
- Goal Yearly Income: $81,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Myung was declined by Associated Bank Madison 7 times before being granted funding by The First National Bank of Platteville at 10 Keystone Parkway
On May 25, 2010, Myung applied about borrowing $22,000 from Bank of Jackson with Gia, their in law from just outside Platteville, and even with the co-signer, Myung was rejected for this student loan. With good credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Before applying for this student loan, Myung had an Experian score of 657, which is good, so The First National Bank of Platteville most likely cannot provide Myung a student loan
When Myung was 24, they attempted to obtain a student loan from 7 different lenders, which harmed their credit score. Below is a chronology of Myung’s previous attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on January 22, 2013
- Attempt 2) Loan for $20,000.00 on February 20, 2011
- Attempt 3) Loan for $20,000.00 on July 26, 2011
- Attempt 4) Loan for $30,000.00 on March 17, 2011
- Attempt 5) Loan for $38,000.00 on October 9, 2010
- Attempt 6) Loan for $31,000.00 on November 15, 2012
- Attempt 7) Loan for $33,000.00 on August 8, 2009
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $36,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Myung needed a debt consolidation loan to pay for their existing student loan and their loan shark loan. Myung was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.4%.
Myung’s Overall FICO score at the time of acceptance for a student loan, taking into account their real estate broker job and their future career as a benefits manager
Paraphrased and Standardized Quote from Myung for this student loan of $96000, provided by The First National Bank of Platteville
Hi, I am Myung and my hometown is Platteville in Wisconsin. Grant, county is where I grew up, and now I need a student loan in Wisconsin for $96000 to buy a big ticket item. It has been difficult, but The First National Bank of Platteville really came through for me with this loan for 8.8% interest APR and a term of 7 years. I can repay the loan over the 7 year term, including interest. A big thanks to The First National Bank of Platteville for giving me a chance and my good credit. It look me 8 years to build my credit to 643, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Several previous requests for credit have been made by Myung in the past, including one from Bank One, Wheeling-Steubenville, National Association in Platteville, Wisconsin before Myung was accepted for the $96000 by The First National Bank of Platteville
Myung made 9 previous attempts to obtain a student loan, 2 of which were with Bank One, Wheeling-Steubenville, National Association, a lending institution in Platteville, Wisconsin known to specialize in student loans specifically. Prior to finding The First National Bank of Platteville, Myung was concerned due to their inexperience and good credit score.
Contact Details for The First National Bank of Platteville, the provider of this student loan
- The First National Bank of Platteville
- City: Platteville
- State: Wisconsin
- Address: 10 Keystone Parkway
- County: Grant
- Zip code: 53818
Personal Loan for a real estate broker named Myung in Platteville, Wisconsin to Pay Off Jeff Bank Secured Visa Card
Myung had a lot of credit card debt on their BankFIRST Young Adult Visa Card and their Chevron Canada Credit Card, and they were starting to get in over their heads. Despite Myung’s job as a real estate broker, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Conclusion of Myung’s student loan
In the end, Myung was able to find a student loan for $96000 with an interest rate of 10.0% interest APR from The First National Bank of Platteville in Platteville, Wisconsin repayable over 7 years from today.