$21000 Signature Loan – Derby Kansas, Credit Rating Of 510
- Experian: 521 – This client had a fair Experian score
- Transunion: 498 – Corine had a fair credit rating with Transunion.
- Equifax: Corine’s Experian score was 510, which is a fair credit rating on the Experian scale.
Corine was rejected by Bank IV Kansas City, National Association 6 times before being granted funding by Verus Bank at 1033 North Buckner Street
On July 29, 2010, Corine inquired about borrowing $24,000 from The Bank of Tescott with Noe, their friend from just outside Derby, and even with the co-signer, Corine was rejected for this signature loan. With fair credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Personal Loan for an electric motor mechanic named Corine in Derby, Kansas to Pay Off Commerce Bank Miles Credit Card
Corine had a tonne of credit card debt on their Zions Bank Visa Credit Card and their Berkshire Municipal Bank Visa Signature Bonus Rewards PLUS Card, and they were starting to get in over their heads. Despite Corine’s job as an electric motor mechanic, they struggled to make payments on the $21,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Fast Loans for Corine in Derby, Kansas to prevent bankruptcy or harm from debt collectors.
Fast loans in Derby, Kansas aren’t actually that difficult to obtain, especially if you have some finesse like Corine. Corine was able to find a fast loan for $21000 from The Union State Bank and Alterra Bank, but turned down both offers in favor of their signature loan from Verus Bank. 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 6 weeks for personal loans. A big difference in the case that a borrower is on the go.
Corine has a sad current total income, but has a high number of prospects
Corine has always wanted to be a recreational vehicle mechanic, but would have to attend Lake Washington Institute of Technology again to become one. Corine has other possibilities as well, including restaurant manager, chemistry professor, and golf course superintendent, which pay $50,000 through to $106,000 per year, on average. Because of this, we believe that Corine can afford this signature loan of $21000.
Contact Details for Verus Bank, the provider of this signature loan
- Verus Bank
- City: Derby
- State: Kansas
- Address: 1033 North Buckner Street
- County: Sedgwick
- Zip code: 67037
Installment loan for Corine, a graduate of Lake Washington Institute of Technology and an electric motor mechanic working for over $66,000 per year
Corine, an alumnus at Lake Washington Institute of Technology and an electric motor mechanic in Derby, Kansas needs a signature loan to purchase something frivolous. Corine has instead decided to obtain an installment loan for $5,000 and is at present seeking lenders like The American State Bank to process their request.
- Full name (Changed if requested): Corine Steinhart
- Current Credit: loans.hit.utils.Fico@dcf3e99
- Current City: Derby
- State: Kansas
- Zip code: 67045
- Yearly income: $53,000
- Current Job: electric motor mechanic
- Current County: Sedgwick
- Goal Yearly Income: $83,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
7 Months Ago, Corine Attempted Finding a High Risk Loan for $22,000.00, and it was Easy
There is an existing struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Corine. Corine chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Borrowers with credit scores as low as 306 can inquire for a high risk loan and may be be approved.
Before applying for this signature loan, Corine had an Experian score of 521, which is fair, so Verus Bank most likely cannot provide Corine a signature loan
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $20,000.00 to $46,000.00. They are mainly used to pay off existing high interest loans like credit cards. Corine needed a debt consolidation loan to pay for their existing signature loan and their payday loan. Corine was able to find a signature loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 3.0%.
Paraphrased and Standardized Quote from Corine for this signature loan of $21000, provided by Verus Bank
Hi, I am Corine and my hometown is Derby in Kansas. Sedgwick, county is where I grew up, and now I need a signature loan in Kansas for $21000 to buy a big ticket item. It has been difficult, but Verus Bank really came through for me with this loan for 7.8% interest APR and a term of 17 years. I can probably repay the loan over the 17 year term, including interest. A big thanks to Verus Bank for giving me a chance and my fair credit. It look me 7 years to build my credit to 510, and I won’t harm it any future. I am pleased with Find Texas Loans for helping me this far.
Multiple other requests for credit have been made by Corine in the past, including one from MetroBanc, National Association in Derby, Kansas before Corine was accepted for the $21000 by Verus Bank
Corine made 9 prior attempts to obtain a signature loan, 2 of which were with MetroBanc, National Association, a lending institution in Derby, Kansas known to specialize in signature loans specifically. Before finding Verus Bank, Corine was concerned due to their inexperience and fair credit rating.
When Corine was 24, they attempted to obtain a student loan from 7 different banks, which damaged their credit score. Below is a chronology of Corine’s previous attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on December 22, 2008
- Attempt 2) Loan for $36,000.00 on October 26, 2010
- Attempt 3) Loan for $33,000.00 on December 31, 2008
- Attempt 4) Loan for $35,000.00 on September 6, 2011
- Attempt 5) Loan for $21,000.00 on April 23, 2010
- Attempt 6) Loan for $39,000.00 on August 9, 2010
- Attempt 7) Loan for $36,000.00 on September 25, 2012
Corine’s Overall FICO score at the time of acceptance for a signature loan, taking into account their electric motor mechanic job and their future career as a recreational vehicle mechanic
Corine’s Transunion score was altered by the signature loan loan, changing to 498 from 510, which is typical in our experience.
Previous requests on Corine’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$71680.00||7||11.2%||$1234.89||Citizens Bank and Trust Company||March 2, 2009|
|$71510.00||9||7.7%||$919.89||The Morrill and Janes Bank and Trust Company||May 19, 2011|
|$72130.00||5||10.4%||$1546.78||The Citizens State Bank, Liberal, Kansas||September 3, 2013|
|$72420.00||11||8.5%||$846.33||Citizens State Bank||July 1, 2014|
Signature Loan easily acquired in Derby, Kansas for $21000 with fair credit by Corine
A lot of prospective borrowers struggle with finding signature loans in Derby, Kansas, and Corine is no exception. Corine went to 5 lending institutions or more prior to finding Verus Bank, who offered Corine a signature loan for $21000. Most signature loans simply require a client, like Corine’s signature to get them, up to $23,000 in some cases. Corine was able to get $21000 as a signature loan, which is very high for a signature loan. Since signature loans do not require a cosigner, they generally require improved credit, as high as 793
Conclusion of Corine’s signature loan
In the end, Corine was able to find a signature loan for $21000 with an interest rate of 9.6% interest APR from Verus Bank in Derby, Kansas repayable over 17 years from now.