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4 Month Personal Loan For Salina In Blue Mound Illinois

$72000 Personal Loan – Blue Mound Illinois, Credit Rating Of 660

  • Experian: 673 – They had a good Experian score
  • Transunion: 642 – Salina had a good credit score with Transunion.
  • Equifax: Salina’s Experian score was 660, which is a good credit score on the Experian rating scheme.

Installment loan for Salina, a graduate of Lenoir Community College and an utility meter reader working for over $77,000 per year

Salina, an alumnus at Lenoir Community College and an utility meter reader in Blue Mound, Illinois wants a personal loan to purchase something frivolous. Salina has instead chosen to get an installment loan for $5,000 and is currently seeking lenders like Uptown National Bank of Chicago to process their request.

Salina has a sad current total income, but has several of prospects

Salina has always wanted to be a video engineer, but would need attend Lenoir Community College again to become one. Salina has other possibilities as well, including kindergarten teacher, fashion coordinator, and export agent, which pay $52,000 through to $99,000 per year, on average. For this reason, we believe that Salina can pay for this personal loan of $72000.

Signature Loan easily acquired in Blue Mound, Illinois for $72000 with good credit by Salina

Many borrowers struggle with finding signature loans in Blue Mound, Illinois, and Salina is the same. Salina went to 6 lending institutions or more prior to finding The State Bank of Blue Mound, who offered Salina a signature loan for $72000. Most signature loans simply require a client, like Salina’s signature to obtain them, up to $36,000 in some cases. Salina was able to get $72000 as a personal loan, which is very high for a personal loan. Because signature loans don’t need collateral, these loans generally require improved credit, as high as 723

Previous requests on Salina’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$76480.00 11 6.8% $824.42 The Gerber State Bank October 27, 2008
$76300.00 8 7.3% $1051.68 The Belvidere National Bank and Trust Company March 4, 2011
$75610.00 3 5.3% $2276.3 Commerce Bank August 21, 2012
$76300.00 9 7.4% $969.76 Byron Bank April 5, 2014

When Salina was 23, they attempted to obtain a student loan from 6 different lenders, which damaged their credit rating. Below is a chronology of Salina’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $24,000.00 on October 7, 2009
  • Attempt 2) Loan for $36,000.00 on December 7, 2009
  • Attempt 3) Loan for $28,000.00 on November 23, 2012
  • Attempt 4) Loan for $20,000.00 on August 17, 2012
  • Attempt 5) Loan for $24,000.00 on August 18, 2011
  • Attempt 6) Loan for $20,000.00 on October 21, 2013

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans range from $34,000.00 to $56,000.00. They are mainly used to pay off existing high interest loans like credit cards. Salina needed a debt consolidation loan to pay for their existing personal loan and their loan shark loan. Salina was able to find a personal loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your bad, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.4%.

Client Profile: Salina Grossmeyer of Blue Mound, Illinois
  • Full name (Changed if requested): Salina Grossmeyer
  • Current Credit: loans.hit.utils.Fico@33833882
  • Current City: Blue Mound
  • State: Illinois
  • Zip code: 62521
  • Yearly income: $39,000
  • Current Job: utility meter reader
  • Current County: Macon
  • Goal Yearly Income: $120,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

9 Months Ago, Salina Attempted Finding a High Risk Loan for $22,000.00, and it was Hard

There is an well known struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be scary to borrowers like Salina. Salina decided not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Clients with credit ratings as low as 333 can apply for a high risk loan and have a chance to be accepted.

Contact Details for The State Bank of Blue Mound, the provider of this personal loan

  • The State Bank of Blue Mound
  • City: Blue Mound
  • State: Illinois
  • Address: 202 North Saint Marie Street
  • County: Macon
  • Zip code: 62513

Multiple past requests for credit have been made by Salina in the past, including one from Central Savings and Loan Association in Blue Mound, Illinois before Salina was accepted for the $72000 by The State Bank of Blue Mound

Salina made 6 previous attempts to obtain a personal loan, 2 of which were with Central Savings and Loan Association, a lender in Blue Mound, Illinois known to specialize in personal loans specifically. Prior to finding The State Bank of Blue Mound, Salina was concerned due to their inexperience and good credit score.

Before applying for this personal loan, Salina had an Experian score of 673, which is good, so The State Bank of Blue Mound probably cannot provide Salina a personal loan

Experian Score: 673

Salina’s Overall FICO score at the time of acceptance for a personal loan, taking into account their utility meter reader job and their future career as a video engineer

Fico Score: 660

Personal Loan for an utility meter reader named Salina in Blue Mound, Illinois to Pay Off RBC Bank Visa Signature Black Credit Card

Salina had a lot of credit card debt on their TD Easy Rewards Visa Credit Card and their Lexus Pursuits Visa Credit Card, and they were starting to get in over their heads. Despite Salina’s job as an utility meter reader, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Paraphrased and Standardized Quote from Salina for this personal loan of $72000, provided by The State Bank of Blue Mound

Hello, I am Salina and I’m from Blue Mound in Illinois. Macon, county is where I grew up, and now I need a personal loan in Illinois for $72000 to avoid bankruptcy. It has been difficult, but The State Bank of Blue Mound really came through for me with this loan for 11.7% interest APR and a term of 9 years. I will repay the loan over the 9 year term, including interest. A big thanks to The State Bank of Blue Mound for trusting me and my good credit. It look me 6 years to create my credit to 660, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.

Fast Loans for Salina in Blue Mound, Illinois to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Blue Mound, Illinois aren’t actually that difficult to obtain, especially if you have some finesse like Salina. Salina was able to find a fast loan for $72000 from Community Banks of Shelby County and The Gerber State Bank, but declined both offers in favor of their personal loan from The State Bank of Blue Mound. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. A big improvement if a client is in a pinch.

Salina was declined by The Northern Trust Company 7 times before being granted funding by The State Bank of Blue Mound at 202 North Saint Marie Street

On September 6, 2009, Salina applied about borrowing $2,000 from The Northern Trust Company with Joyce, their in law from just outside Blue Mound, and even with the co-signer, Salina was rejected for this personal loan. With good credit, it can be very hard to obtain financing, even with collateral and a co-signer.

Salina’s Transunion score was altered by the personal loan loan, changing to 642 from 660, which is normal in our experience.

Transunion Score: 642

Conclusion of Salina’s personal loan

In the end, Salina was able to find a personal loan for $72000 with an interest rate of 8.7% interest APR from The State Bank of Blue Mound in Blue Mound, Illinois repayable over 9 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.