Do you have over $10,000 in Debt? Get Help now.

$75000 Mortgage With Terrible Credit In Marquette Michigan

$75000 Mortgage – Marquette Michigan, Credit Rating Of 352

  • Experian: 368 – This client had a terrible Experian rating
  • Transunion: 339 – Robt had a terrible credit rating with Transunion.
  • Equifax: Robt’s Experian score was 352, which is a terrible credit rating using the Experian system.

Robt was not approved by FMB-Commercial Bank 6 times before being approved by Wells Fargo Bank Michigan, National Association at 101 West Washington Street

On May 2, 2011, Robt applied about borrowing $11,000 from Michigan National Bank-Michiana with Delsie, their friend from just outside Marquette, and even with the co-signer, Robt was rejected for this mortgage. With terrible credit, it can be difficult to procure funding, even with collateral and a co-signer.

Many other requests for credit have been made by Robt in the past, including one from Chester County Bank in Marquette, Michigan before Robt was accepted for the $75000 by Wells Fargo Bank Michigan, National Association

Robt made 9 prior attempts to obtain a mortgage, 2 of which were with Chester County Bank, a bank in Marquette, Michigan known to specialize in mortgages specifically. Before finding Wells Fargo Bank Michigan, National Association, Robt was very concerned due to their inexperience and terrible credit score.

Signature Loan found in Marquette, Michigan for $75000 with terrible credit by Robt

A lot of prospective borrowers have difficulty with obtaining signature loans in Marquette, Michigan, and Robt is not an exception. Robt went to 6 lending institutions or more before settling on Wells Fargo Bank Michigan, National Association, who offered Robt a signature loan for $75000. Most signature loans simply require a client, like Robt’s signature to get them, up to $30,000 in some cases. Robt was able to get $75000 as a mortgage, which is very high for a mortgage. Because signature loans do not need collateral, they tend to need improved credit, as high as 761

When Robt was 20, they tried to obtain a student loan from 7 alternate lenders, which damaged their credit score. Below is a chronology of Robt’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $37,000.00 on July 13, 2013
  • Attempt 2) Loan for $29,000.00 on August 11, 2009
  • Attempt 3) Loan for $30,000.00 on May 2, 2010
  • Attempt 4) Loan for $24,000.00 on February 12, 2009
  • Attempt 5) Loan for $36,000.00 on September 3, 2010
  • Attempt 6) Loan for $37,000.00 on December 23, 2010
  • Attempt 7) Loan for $32,000.00 on May 14, 2011
Client Profile: Robt Mccraney of Marquette, Michigan
  • Full name (Changed if requested): Robt Mccraney
  • Current Credit: loans.hit.utils.Fico@5cb0d902
  • Current City: Marquette
  • State: Michigan
  • Zip code: 49861
  • Yearly income: $62,000
  • Current Job: social psychologist
  • Current County: Marquette
  • Goal Yearly Income: $98,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000

6 Months in the Past, Robt Attempted Finding a High Risk Loan for $28,000.00, and it was Easy

It is an existing struggle for borrowers 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 frightening to borrowers like Robt. Robt decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Borrowers with credit scores as low as 597 can apply for a high risk loan and have a chance to be accepted.

Personal Loan for a social psychologist named Robt in Marquette, Michigan to Pay Off BMW Signature Card

Robt had a tonne of credit card debt on their Stein Mart Style Credit Card and their House Rabbit Society Visa Card, and they were starting to get in over their heads. Despite Robt’s job as a social psychologist, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Previous requests on Robt’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$20440.00 9 8.4% $270.36 Society Bank, Lenawee December 20, 2013
$19690.00 4 6.6% $467.86 Bank of Lenawee November 29, 2014
$20230.00 7 5.2% $287.83 First of America Bank – Alpena March 17, 2015
$19580.00 11 9.5% $239.63 NBD Ann Arbor, National Association April 25, 2015

Paraphrased and Standardized Quote from Robt for this mortgage of $75000, provided by Wells Fargo Bank Michigan, National Association

Hi, I am Robt and I’m from Marquette in Michigan. Marquette, county is where I grew up, and now I need a mortgage in Michigan for $75000 to pay bills. It wasn’t easy, but Wells Fargo Bank Michigan, National Association really came through for me with this loan for 9.7% interest APR and a term of 3 years. I can probably repay the loan over the 3 year term, including interest. A big thanks to Wells Fargo Bank Michigan, National Association for trusting me and my terrible credit. It look me 6 years to create my credit to 352, and I won’t harm it any more. I am happy with Find Texas Loans for assisting me this far.

Contact Details for Wells Fargo Bank Michigan, National Association, the provider of this mortgage

  • Wells Fargo Bank Michigan, National Association
  • City: Marquette
  • State: Michigan
  • Address: 101 West Washington Street
  • County: Marquette
  • Zip code: 49855

Fast Loans for Robt in Marquette, Michigan to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Marquette, Michigan aren’t actually that difficult to obtain, especially if you have some gumption like Robt. Robt was able to find a fast loan for $75000 from First of America Bank-Wayne Oakland and Bank of Lenawee, but declined both offers in favor of their mortgage from Wells Fargo Bank Michigan, National Association. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement if a borrower is in a time sensitive situation.

Before applying for this mortgage, Robt had an Experian score of 368, which is terrible, so Wells Fargo Bank Michigan, National Association likely can provide Robt a mortgage

Experian Score: 368

Installment loan for Robt, a graduate of San Joaquin County Office of Education ROP/C and a social psychologist working for over $73,000 per year

Robt, an alumnus at San Joaquin County Office of Education ROP/C and a social psychologist in Marquette, Michigan needs a mortgage to purchase something frivolous. Robt has instead chosen to get an installment loan for $10,000 and is at present seeking lenders like First of America Bank – Frankenmuth to process their request.

Robt’s Transunion score was changed by the mortgage loan, changing to 339 from 352, which is normal in our experience.

Transunion Score: 339

Robt’s Overall FICO score at the time of acceptance for a mortgage, taking into account their social psychologist job and their future career as an electromechanical equipment assembler

Fico Score: 352

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Normal debt consolidation loans vary from $26,000.00 to $58,000.00. They are mainly used to pay off existing high interest loans like credit cards. Robt needed a debt consolidation loan to pay for their existing mortgage and their loan shark loan. Robt was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 2.3%.

Robt has a very low current total income, but has several of prospects

Robt has always wanted to be an electromechanical equipment assembler, but would need attend San Joaquin County Office of Education ROP/C again to become one. Robt has other prospects as well, including middle school teacher, broadcast technician, and catering administrator, which pay $51,000 through to $91,000 per year, on average. For this reason, we think that Robt can pay for this mortgage of $75000.

Conclusion of Robt’s mortgage

In the end, Robt was able to find a mortgage for $75000 with an interest rate of 9.0% interest APR from Wells Fargo Bank Michigan, National Association in Marquette, Michigan repayable over 3 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

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.