$99000 Direct Loan – Shorewood Illinois, Credit Rating Of 568
- Experian: 580 – The client had a fair Experian score
- Transunion: 550 – Sueann had a fair credit score with Transunion.
- Equifax: Sueann’s Experian score was 568, which is a fair credit score using the Experian rating scheme.
7 Months in the Past, Sueann Tried to Find a High Risk Loan for $37,000.00, and it was Easy
It is an existing struggle for borrowers to get high risk loans in a safe manner. Many high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Sueann. Sueann decided not to obtain a high risk loan this time. High Risk loans are given to very low credit clients. Individuals with credit scores as low as 584 can apply for a high risk loan and may be be accepted.
Sueann has a very low current total income, but has several of prospects
Sueann has always wanted to be an aircraft assembler, but would have to attend Porterville College again to achieve it. Sueann has other possibilities as well, including stress analyst engineer, chemical engineer, and electric motor mechanic, which pay $52,000 through to $99,000 per year, at least. Because of this, we think that Sueann can pay for this direct loan of $99000.
Installment loan for Sueann, a graduate of Porterville College and an ultrasound technologist working for over $73,000 per year
Sueann, an alumnus at Porterville College and an ultrasound technologist in Shorewood, Illinois wants a direct loan to purchase a car. Sueann has instead chosen to obtain an installment loan for $6,000 and is currently seeking lenders like Uptown National Bank of Chicago to process their request.
When Sueann was 18, they attempted to obtain a student loan from 6 alternate banks, which harmed their credit rating. Below is a list of Sueann’s previous attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on September 23, 2012
- Attempt 2) Loan for $26,000.00 on March 30, 2014
- Attempt 3) Loan for $26,000.00 on December 16, 2013
- Attempt 4) Loan for $30,000.00 on November 1, 2011
- Attempt 5) Loan for $23,000.00 on March 1, 2013
- Attempt 6) Loan for $26,000.00 on October 23, 2011
Personal Loan for an ultrasound technologist named Sueann in Shorewood, Illinois to Pay Off Carter Lumber Company Credit Card
Sueann had a tonne of credit card debt on their Torrid Insider Credit Card and their Abt Electronics Credit Card, and they were starting to get in over their heads. Despite Sueann’s job as an ultrasound technologist, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Sueann’s Overall FICO score at the time of acceptance for a direct loan, taking into account their ultrasound technologist job and their future job as an aircraft assembler
- Full name (Changed if requested): Sueann Foulger
- Current Credit: loans.hit.utils.Fico@69663380
- Current City: Shorewood
- State: Illinois
- Zip code: 60438
- Yearly income: $43,000
- Current Job: ultrasound technologist
- Current County: Will
- Goal Yearly Income: $122,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Multiple previous requests for credit have been made by Sueann in the past, including one from Mariners Bank in Shorewood, Illinois before Sueann was accepted for the $99000 by Bank of Shorewood
Sueann made 5 previous attempts to obtain a direct loan, 2 of which were with Mariners Bank, a lender in Shorewood, Illinois known to specialize in direct loans specifically. Prior to finding Bank of Shorewood, Sueann was very concerned due to their inexperience and fair credit score.
Contact Details for Bank of Shorewood, the provider of this direct loan
- Bank of Shorewood
- City: Shorewood
- State: Illinois
- Address: 700 West Jefferson Street
- County: Will
- Zip code: 60431
Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans vary from $21,000.00 to $51,000.00. They are mainly used to pay off existing high interest loans like credit cards. Sueann needed a debt consolidation loan to pay for their existing direct loan and their credit card. Sueann was able to find a direct loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which transfers your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.0%.
Fast Loans for Sueann in Shorewood, Illinois to prevent bankruptcy or harm from debt collectors.
Fast loans in Shorewood, Illinois aren’t actually that difficult to obtain, particularly if you have some finesse like Sueann. Sueann was able to find a fast loan for $99000 from Amalgamated Bank of Chicago and Amalgamated Bank of Chicago, but turned down both offers in favor of their direct loan from Bank of Shorewood. The difference 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 difference if you are in a pinch.
Paraphrased and Standardized Quote from Sueann for this direct loan of $99000, provided by Bank of Shorewood
Hello, I am Sueann and I am from Shorewood in Illinois. Will, county is where I grew up, and now I need a direct loan in Illinois for $99000 to buy a big ticket item. It wasn’t easy, but Bank of Shorewood really came through for me with this loan for 10.1% interest APR and a term of 21 years. I can repay the loan over the 21 year term, including interest. A big thanks to Bank of Shorewood for trusting me and my fair credit. It look me 7 years to create my credit to 568, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for helping me this far.
Signature Loan acquired in Shorewood, Illinois for $99000 with fair credit by Sueann
Most clients struggle with finding signature loans in Shorewood, Illinois, and Sueann is the same. Sueann went to 4 lenders or more before settling on Bank of Shorewood, who offered Sueann a signature loan for $99000. Typical signature loans simply need a client, like Sueann’s signature to get them, up to $49,000 in some cases. Sueann was able to get $99000 as a direct loan, which is very high for a direct loan. Since signature loans do not need a cosigner, these loans tend to require higher credit, as high as 758
Before applying for this direct loan, Sueann had an Experian score of 580, which is fair, so Bank of Shorewood most likely cannot provide Sueann a direct loan
Sueann was declined by Lake Shore National Bank 5 times before being granted funding by Bank of Shorewood at 700 West Jefferson Street
On January 12, 2010, Sueann applied about borrowing $11,000 from NBD Bank Evanston, National Association with Sung, their friend from just outside Shorewood, and even with the co-signer, Sueann was rejected for this direct loan. With fair credit, it can be difficult to obtain funding, even with collateral and a co-signer.
Sueann’s Transunion score was altered by the direct loan loan, changing to 550 from 568, which is typical in our experience.
Previous requests on Sueann’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$92400.00||4||11.3%||$2401.61||The Gerber State Bank||November 29, 2013|
|$91510.00||4||6.4%||$2165.94||The Belvidere National Bank and Trust Company||August 25, 2014|
|$92340.00||10||9.6%||$1199.92||Commerce Bank||January 31, 2015|
|$91730.00||4||10.4%||$2344.17||Byron Bank||April 8, 2015|
Conclusion of Sueann’s direct loan
In the end, Sueann was able to find a direct loan for $99000 with an interest rate of 11.8% interest APR from Bank of Shorewood in Shorewood, Illinois repayable over 21 years from today.