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$24000 Direct Loan With Good Credit In Escanaba Michigan

$24000 Direct Loan – Escanaba Michigan, Credit Score Of 611

  • Experian: 625 – The client had a good Experian score
  • Transunion: 597 – Micah had a good credit score with Transunion.
  • Equifax: Micah’s Experian score was 611, which is a good credit rating on the Experian scale.

9 Months Ago, Micah Attempted to Find a High Risk Loan for $24,000.00, but They Didn’t Find What They were Expecting

There is an well known struggle for clients to get high risk loans in a non-harmful way. Many high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Micah. Micah chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit clients. Individuals with credit ratings as low as 312 can inquire for a high risk loan and have a chance to be approved.

Many other requests for credit have been made by Micah in the past, including one from SouthTrust Bank of Florida, National Association in Escanaba, Michigan before Micah was approved for the $24000 by Upper Peninsula State Bank

Micah made 6 previous attempts to obtain a direct loan, 2 of which were with SouthTrust Bank of Florida, National Association, a bank in Escanaba, Michigan known to specialize in direct loans specifically. Before finding Upper Peninsula State Bank, Micah was concerned due to their inexperience and good credit score.

Signature Loan found in Escanaba, Michigan for $24000 with good credit by Micah

A lot of prospective borrowers have difficulty with obtaining signature loans in Escanaba, Michigan, and Micah is no exception. Micah went to 8 lending institutions or more before settling on Upper Peninsula State Bank, who offered Micah a signature loan for $24000. Most signature loans simply require a client, like Micah’s signature to get them, up to $26,000 in some cases. Micah was able to get $24000 as a direct loan, which is very high for a direct loan. Because signature loans don’t require collateral, these loans tend to require improved credit, as high as 726

Micah was not approved by First of America Bank – Manistee 5 times prior to being approved by Upper Peninsula State Bank at 430 North Lincoln Road

On April 22, 2011, Micah inquired about borrowing $42,000 from First America Bank – Mt. Pleasant with Ethelene, their in law from just outside Escanaba, and even with the co-signer, Micah was rejected for this direct loan. With good credit, it can be very hard to obtain funding, even with collateral and a co-signer.

When Micah was 18, they attempted to obtain a student loan from 4 different lenders, which harmed their credit rating. Below is a list of Micah’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $21,000.00 on October 13, 2011
  • Attempt 2) Loan for $27,000.00 on April 21, 2011
  • Attempt 3) Loan for $22,000.00 on September 7, 2010
  • Attempt 4) Loan for $20,000.00 on June 2, 2009

Previous requests on Micah’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$82110.00 5 7.5% $1645.32 Society Bank, Lenawee February 4, 2010
$81600.00 8 6.1% $1076.32 Bank of Lenawee June 3, 2012
$81630.00 8 9.8% $1230.05 First of America Bank – Alpena August 10, 2013
$82380.00 9 10.8% $1195.79 NBD Ann Arbor, National Association August 17, 2013

Paraphrased and Standardized Quote from Micah for this direct loan of $24000, provided by Upper Peninsula State Bank

Hi, I am Micah and I’m from Escanaba in Michigan. Delta, county is where I grew up, and now I need a direct loan in Michigan for $24000 to pay bills. It has been difficult, but Upper Peninsula State Bank really came through for me with this loan for 5.6% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to Upper Peninsula State Bank for trusting me and my good credit. It look me 6 years to build my credit to 611, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.

Fast Loans for Micah in Escanaba, Michigan to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Escanaba, Michigan aren’t actually that difficult to obtain, particularly if you have some finesse like Micah. Micah was able to find a fast loan for $24000 from G. W. Jones Exchange Bank and Chemical Bank, but turned down both offers in favor of their direct loan from Upper Peninsula State 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 5 weeks for installment loans. Much better if a borrower is in a pinch.

Installment loan for Micah, a graduate of Owensboro Community and Technical College and a heating working for over $78,000 per year

Micah, an alumnus at Owensboro Community and Technical College and a heating in Escanaba, Michigan needs a direct loan to purchase a house. Micah has instead decided to get an installment loan for $25,000 and is currently seeking lenders like Citizens State Bank to provide it.

Client Profile: Micah Holets of Escanaba, Michigan
  • Full name (Changed if requested): Micah Holets
  • Current Credit: loans.hit.utils.Fico@7637f22
  • Current City: Escanaba
  • State: Michigan
  • Zip code: 49830
  • Yearly income: $57,000
  • Current Job: heating
  • Current County: Delta
  • Goal Yearly Income: $89,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000

Micah has a sad current yearly income, but has several of prospects

Micah has always wanted to be a technical publications writer, but would need attend Owensboro Community and Technical College again to achieve it. Micah has other prospects as well, including occupational analyst, court clerk, and home health technician, which pay $59,000 through to $96,000 per year, at least. For this reason, we believe that Micah can afford this direct loan of $24000.

Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans vary from $25,000.00 to $55,000.00. They are normally used to pay off existing high interest loans like credit cards. Micah required a debt consolidation loan to pay for their existing direct loan and their loan shark loan. Micah was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.3%.

Personal Loan for a heating named Micah in Escanaba, Michigan to Pay Off Whitney Bank Credit Cards

Micah had a tonne of credit card debt on their Jeff Bank Visa Business Card and their Orvis Rewards Visa, and they were starting to get in over their heads. Despite Micah’s job as a heating, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Before applying for this direct loan, Micah had an Experian score of 625, which is good, so Upper Peninsula State Bank probably cannot provide Micah a direct loan

Experian Score: 625

Micah’s Overall FICO score at the time of acceptance for a direct loan, taking into account their heating job and their future job as a technical publications writer

Fico Score: 611

Contact Details for Upper Peninsula State Bank, the provider of this direct loan

  • Upper Peninsula State Bank
  • City: Escanaba
  • State: Michigan
  • Address: 430 North Lincoln Road
  • County: Delta
  • Zip code: 49829

Micah’s Transunion score was altered by the direct loan loan, changing to 597 from 611, which is normal in our experience.

Transunion Score: 597

Conclusion of Micah’s direct loan

In the end, Micah was able to find a direct loan for $24000 with an interest rate of 11.0% interest APR from Upper Peninsula State Bank in Escanaba, Michigan repayable over 23 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.