$188000 No Collateral Loan – Longview Washington, Credit Score Of 401
- Experian: 413 – This individual had a bad Experian score
- Transunion: 389 – Keva had a bad credit score with Transunion.
- Equifax: Keva’s Experian score was 401, which is a bad credit rating using the Experian scale.
Personal Loan for an insurance policy processing clerk named Keva in Longview, Washington to Pay Off Harley-Davidson Visa Signature Card
Keva had a lot of credit card debt on their Meijer Prepaid MasterCard and their Wyndham Rewards Visa Signature Card, and they were starting to get in over their heads. Despite Keva’s job as an insurance policy processing clerk, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Multiple previous requests for credit have been made by Keva in the past, including one from Community Bank of Missouri in Longview, Washington before Keva was approved for the $188000 by The Cowlitz Bank
Keva made 8 previous tries to obtain a no collateral loan, 2 of which were with Community Bank of Missouri, a lender in Longview, Washington known to specialize in no collateral loans specifically. Before finding The Cowlitz Bank, Keva was desperate due to their inexperience and bad credit score.
Paraphrased and Standardized Quote from Keva for this no collateral loan of $188000, provided by The Cowlitz Bank
Hello, I am Keva and I am from Longview in Washington. Cowlitz, county is where I grew up, and now I need a no collateral loan in Washington for $188000 to avoid bankruptcy. It has been difficult, but The Cowlitz Bank really came through for me with this loan for 9.6% interest APR and a term of 1 years. I will repay the loan over the 1 year term, including interest. A big thanks to The Cowlitz Bank for giving me a chance and my bad credit. It look me 6 years to build my credit to 401, and I won’t harm it any more. I’m pleased with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Keva Strauhal
- Current Credit: loans.hit.utils.Fico@1c655221
- Current City: Longview
- State: Washington
- Zip code: 98633
- Yearly income: $36,000
- Current Job: insurance policy processing clerk
- Current County: Cowlitz
- Goal Yearly Income: $91,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Signature Loan easily acquired in Longview, Washington for $188000 with bad credit by Keva
A lot of clients have difficulty with obtaining signature loans in Longview, Washington, and Keva is no exception. Keva went to 8 lenders or more before finding The Cowlitz Bank, who offered Keva a signature loan for $188000. Most signature loans simply require a client, like Keva’s signature to obtain them, up to $35,000 in some cases. Keva was able to get $188000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans don’t need collateral, these loans generally require higher credit, as high as 707
Keva was declined by Security Pacific Bank Washington, National Association 6 times prior to being granted funding by The Cowlitz Bank at 927 Commerce Avenue
On July 11, 2011, Keva inquired about borrowing $22,000 from Security Pacific Bank Washington, National Association with Camilla, their in law from just outside Longview, and even with the co-signer, Keva was rejected for this no collateral loan. With bad credit, it can be difficult to procure funding, even with collateral and a co-signer.
When Keva was 20, they tried to obtain a student loan from 5 different lenders, which harmed their credit score. Below is a chronology of Keva’s prior attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on June 15, 2013
- Attempt 2) Loan for $23,000.00 on March 15, 2011
- Attempt 3) Loan for $20,000.00 on April 29, 2011
- Attempt 4) Loan for $27,000.00 on July 13, 2012
- Attempt 5) Loan for $23,000.00 on July 19, 2009
Before applying for this no collateral loan, Keva had an Experian score of 413, which is bad, so The Cowlitz Bank probably cannot provide Keva a no collateral loan
Keva has a very low current gross income, but has several of prospects
Keva has always wanted to be a horticulture therapist, but would need attend Western Kentucky University again to achieve it. Keva has other prospects as well, including license clerk, ordinary seamen, and music director, which pay $54,000 through to $98,000 per year, on average. For this reason, we think that Keva can pay for this no collateral loan of $188000.
7 Months Ago, Keva Attempted Finding a High Risk Loan for $40,000.00, and it was Hard
There is an existing struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Keva. Keva chose not to get a high risk loan this time. High Risk loans are given to bad credit clients. Clients with credit scores as low as 412 can apply for a high risk loan and may be be accepted.
Keva’s Transunion score was altered by the no collateral loan loan, changing to 389 from 401, which is normal in our experience.
Keva’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their insurance policy processing clerk job and their future career as a horticulture therapist
Previous requests on Keva’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$63100.00||5||7.7%||$1270.4||Granite Falls State Bank||April 10, 2011|
|$63200.00||8||8.7%||$916.09||Columbia Gorge Bank||December 24, 2012|
|$63230.00||4||8.1%||$1546.6||Summit Bank||December 7, 2013|
|$63370.00||9||8.5%||$841.51||State Bank of Morton||February 23, 2014|
|$62860.00||8||8.6%||$907.92||Northwest National Bank||March 24, 2014|
Installment loan for Keva, a graduate of Western Kentucky University and an insurance policy processing clerk working for over $71,000 per year
Keva, an alumnus at Western Kentucky University and an insurance policy processing clerk in Longview, Washington needs a no collateral loan to purchase something frivolous. Keva has instead chosen to get an installment loan for $6,000 and is currently seeking lenders like First Independent Bank to process their request.
Contact Details for The Cowlitz Bank, the provider of this no collateral loan
- The Cowlitz Bank
- City: Longview
- State: Washington
- Address: 927 Commerce Avenue
- County: Cowlitz
- Zip code: 98632
Fast Loans for Keva in Longview, Washington to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Longview, Washington aren’t actually that difficult to obtain, especially if you have some finesse like Keva. Keva was able to find a fast loan for $188000 from Security Pacific Bank Washington, National Association and North Pacific Bank, but declined both offers in favor of their no collateral loan from The Cowlitz Bank. 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 7 weeks for installment loans. A big difference in the case that a borrower is on the go.
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $24,000.00 to $44,000.00. They are typically used to pay off existing high interest loans like credit cards. Keva needed a debt consolidation loan to pay for their existing no collateral loan and their payday loan. Keva was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which converts your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 3.2%.
Conclusion of Keva’s no collateral loan
In the end, Keva was able to find a no collateral loan for $188000 with an interest rate of 5.5% interest APR from The Cowlitz Bank in Longview, Washington repayable over 1 years from today.