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4 Month Signature Loan For Micha In Lakeport California

$36000 Signature Loan – Lakeport California, Credit Score Of 666

  • Experian: 682 – They had a good Experian rating
  • Transunion: 654 – Micha had a good credit rating with Transunion.
  • Equifax: Micha’s Experian score was 666, which is a good credit score on the Experian scale.

Many other requests for credit have been made by Micha in the past, including one from Security Federal Savings Bank in Lakeport, California before Micha was approved for the $36000 by Bank of Lake County

Micha made 9 previous tries to obtain a signature loan, 2 of which were with Security Federal Savings Bank, a bank in Lakeport, California known to specialize in signature loans specifically. Before finding Bank of Lake County, Micha was concerned due to their inexperience and good credit rating.

Contact Details for Bank of Lake County, the provider of this signature loan

  • Bank of Lake County
  • City: Lakeport
  • State: California
  • Address: 150 South Main Street
  • County: Lake
  • Zip code: 95453

Personal Loan for a substance abuse counselor named Micha in Lakeport, California to Pay Off Alabama Central Credit Union MasterCard

Micha had a tonne of credit card debt on their Bank of Albuquerque Credit Cards and their Stand Up To Cancer Credit Card, and they were starting to get in over their heads. Despite Micha’s job as a substance abuse counselor, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

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

Average debt consolidation loans range from $22,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Micha required a debt consolidation loan to pay for their existing signature loan and their credit card. Micha was able to find a signature loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 4.3%.

Client Profile: Micha Rische of Lakeport, California
  • Full name (Changed if requested): Micha Rische
  • Current Credit: loans.hit.utils.Fico@29444d75
  • Current City: Lakeport
  • State: California
  • Zip code: 95458
  • Yearly income: $46,000
  • Current Job: substance abuse counselor
  • Current County: Lake
  • Goal Yearly Income: $88,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Before applying for this signature loan, Micha had an Experian score of 682, which is good, so Bank of Lake County most likely cannot provide Micha a signature loan

Experian Score: 682

Fast Loans for Micha in Lakeport, California to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Lakeport, California aren’t actually that difficult to obtain, especially if you have some finesse like Micha. Micha was able to find a fast loan for $36000 from The First National Bank of Holtville and The First National Bank of Orange County, but declined both offers in favor of their signature loan from Bank of Lake County. The improvement with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big improvement if a borrower is in a pinch.

When Micha was 23, they tried to obtain a student loan from 5 alternate banks, which harmed their credit rating. Below is a chronology of Micha’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $33,000.00 on May 2, 2014
  • Attempt 2) Loan for $37,000.00 on June 6, 2009
  • Attempt 3) Loan for $38,000.00 on October 23, 2008
  • Attempt 4) Loan for $37,000.00 on September 5, 2012
  • Attempt 5) Loan for $23,000.00 on March 7, 2013

Micha’s Overall FICO score at the time of acceptance for a signature loan, taking into account their substance abuse counselor job and their future job as an athletic director

Fico Score: 666

Micha has a sad current gross income, but has a high number of prospects

Micha has always wanted to be an athletic director, but would need attend Saint Mary’s University of Minnesota again to achieve it. Micha has other possibilities as well, including technical publications writer, airline flight reservations administrator, and petroleum geologist, which pay $51,000 through to $100,000 per year, at least. Because of this, we think that Micha can afford this signature loan of $36000.

Micha’s Transunion score was changed by the signature loan loan, changing to 654 from 666, which is normal in our experience.

Transunion Score: 654

Previous requests on Micha’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$121310.00 5 6.8% $2390.65 Santa Monica Bank November 3, 2008
$121170.00 10 5.8% $1333.1 Farmers and Merchants Bank of Long Beach October 21, 2012
$120640.00 8 8.2% $1717.74 First Interstate Bank of California March 2, 2015
$121190.00 3 9.2% $3865.1 Union Bank June 24, 2015

9 Months in the Past, Micha Tried Finding a High Risk Loan for $37,000.00, and it was Easy

It is an ongoing struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Micha. Micha chose not to obtain a high risk loan this time. High Risk loans are given to terrible credit clients. Clients with credit scores as low as 533 can apply for a high risk loan and have a chance to be approved.

Signature Loan acquired in Lakeport, California for $36000 with good credit by Micha

A lot of prospective borrowers struggle with obtaining signature loans in Lakeport, California, and Micha is not an exception. Micha went to 6 lending institutions or more before settling on Bank of Lake County, who offered Micha a signature loan for $36000. Most signature loans simply require a client, like Micha’s signature to obtain them, up to $31,000 in some cases. Micha was able to get $36000 as a signature loan, which is very high for a signature loan. Since signature loans don’t need collateral, these loans generally require better credit, as high as 730

Installment loan for Micha, a graduate of Saint Mary’s University of Minnesota and a substance abuse counselor working for over $79,000 per year

Micha, an alumnus at Saint Mary’s University of Minnesota and a substance abuse counselor in Lakeport, California needs a signature loan to purchase a house. Micha has instead chosen to get an installment loan for $6,000 and is at present seeking lenders like Westamerica Bank to provide it.

Micha was not approved by Citizens State Bank of Santa Paula 5 times prior to being accepted by Bank of Lake County at 150 South Main Street

On August 11, 2009, Micha applied about borrowing $44,000 from Wells Fargo Bank, National Association with Gwyneth, their in law from just outside Lakeport, and even with the co-signer, Micha was rejected for this signature loan. With good credit, it can be challenging to obtain financing, even with collateral and a co-signer.

Paraphrased and Standardized Quote from Micha for this signature loan of $36000, provided by Bank of Lake County

Hello, I am Micha and my hometown is Lakeport in California. Lake, county is where I grew up, and now I need a signature loan in California for $36000 to buy a big ticket item. It wasn’t easy, but Bank of Lake County really came through for me with this loan for 6.5% interest APR and a term of 18 years. I can probably repay the loan over the 18 year term, including interest. A big thanks to Bank of Lake County for giving me a chance and my good credit. It look me 7 years to build my credit to 666, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.

Conclusion of Micha’s signature loan

In the end, Micha was able to find a signature loan for $36000 with an interest rate of 8.5% interest APR from Bank of Lake County in Lakeport, California repayable over 18 years from now.

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.