$96000 Debt Consolidation Loan – New Auburn Wisconsin, Credit Score Of 620
- Experian: 630 – This client had a good Experian score
- Transunion: 603 – Fae had a good credit score with Transunion.
- Equifax: Fae’s Experian score was 620, which is a good credit score on the Experian rating scheme.
Personal Loan for an atmospheric and space scientist named Fae in New Auburn, Wisconsin to Pay Off Giant Eagle Fuelperks! Credit Card
Fae had a lot of credit card debt on their Apple Barclaycard Financing Visa Card and their Wyndham Rewards Visa Signature Card, and they were starting to get in over their heads. Despite Fae’s job as an atmospheric and space scientist, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Multiple other requests for credit have been made by Fae in the past, including one from Pitman National Bank and Trust Company in New Auburn, Wisconsin before Fae was accepted for the $96000 by Security Bank
Fae made 7 previous attempts to obtain a debt consolidation loan, 2 of which were with Pitman National Bank and Trust Company, a lending institution in New Auburn, Wisconsin known to specialize in debt consolidation loans specifically. Prior to finding Security Bank, Fae was desperate due to their inexperience and good credit rating.
Installment loan for Fae, a graduate of Adams State University and an atmospheric and space scientist working for over $75,000 per year
Fae, an alumnus at Adams State University and an atmospheric and space scientist in New Auburn, Wisconsin needs a debt consolidation loan to purchase a car. Fae has instead chosen to get an installment loan for $5,000 and is currently seeking lenders like Norwest Bank Wisconsin East Central to provide it.
Fae has a disappointing current yearly income, but has a high number of prospects
Fae has always wanted to be a copy writer, but would have to attend Adams State University again to become one. Fae has other prospects as well, including animal kennel supervisor, animal kennel supervisor, and job printer, which pay $51,000 through to $98,000 per year, on average. For this reason, we think that Fae can afford this debt consolidation loan of $96000.
Contact Details for Security Bank, the provider of this debt consolidation loan
- Security Bank
- City: New Auburn
- State: Wisconsin
- Address: 112 East Main Street
- County: Chippewa
- Zip code: 54757
Paraphrased and Standardized Quote from Fae for this debt consolidation loan of $96000, provided by Security Bank
Hi, I am Fae and I’m from New Auburn in Wisconsin. Chippewa, county is where I grew up, and now I need a debt consolidation loan in Wisconsin for $96000 to avoid bankruptcy. It wasn’t easy, but Security Bank really came through for me with this loan for 8.3% interest APR and a term of 22 years. I can repay the loan over the 22 year term, including interest. A big thanks to Security Bank for giving me a chance and my good credit. It look me 6 years to build my credit to 620, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
Signature Loan easily acquired in New Auburn, Wisconsin for $96000 with good credit by Fae
Many prospective borrowers have difficulty with finding signature loans in New Auburn, Wisconsin, and Fae is no exception. Fae went to 8 lending institutions or more prior to finding Security Bank, who offered Fae a signature loan for $96000. Typical signature loans simply require a client, like Fae’s signature to obtain them, up to $49,000 in some cases. Fae was able to get $96000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans don’t need a cosigner, they tend to require higher credit, as high as 781
Before applying for this debt consolidation loan, Fae had an Experian score of 630, which is good, so Security Bank most likely cannot provide Fae a debt consolidation loan
Fae was rejected by Marine Tobacco Exchange Bank 5 times before being approved by Security Bank at 112 East Main Street
On February 5, 2012, Fae applied about borrowing $10,000 from M&I South Shore Bank with Jaleesa, their in law from just outside New Auburn, and even with the co-signer, Fae was rejected for this debt consolidation loan. With good credit, it can be very hard to procure funding, even with collateral and a co-signer.
Fast Loans for Fae in New Auburn, Wisconsin to prevent bankruptcy or broken legs from debt collectors.
Fast loans in New Auburn, Wisconsin aren’t actually that difficult to obtain, particularly if you have some finesse like Fae. Fae was able to find a fast loan for $96000 from Peoples State Bank of Bloomer and Red Cedar Bank National Association, but declined both offers in favor of their debt consolidation loan from Security Bank. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big difference if you are on the go.
- Full name (Changed if requested): Fae Pintos
- Current Credit: loans.hit.utils.Fico@6979e8cb
- Current City: New Auburn
- State: Wisconsin
- Zip code: 54758
- Yearly income: $66,000
- Current Job: atmospheric and space scientist
- Current County: Chippewa
- Goal Yearly Income: $96,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Fae’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their atmospheric and space scientist job and their future career as a copy writer
Fae’s Transunion score was changed by the debt consolidation loan loan, changing to 603 from 620, which is normal in our experience.
7 Months Ago, Fae Tried to Find a High Risk Loan for $27,000.00, and it was Easy
There is an well known struggle for clients to find high risk loans in a safe way. Many high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Fae. Fae chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit borrowers. Individuals with credit ratings as low as 421 can inquire for a high risk loan and have a chance to be approved.
Previous requests on Fae’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$60290.00||6||6.4%||$1010.6||M&I Bank of Burlington||February 5, 2011|
|$59760.00||7||10.4%||$1004.48||M&I Marshall and Ilsley Bank||December 10, 2012|
|$59850.00||3||9.5%||$1917.17||Continental Bank & Trust Co.||March 26, 2013|
|$59860.00||9||10.8%||$868.9||Clare Bank, National Association||November 8, 2013|
When Fae was 21, they tried to obtain a student loan from 5 different banks, which harmed their credit rating. Below is a list of Fae’s previous attempts at finding a student loan:
- Attempt 1) Loan for $29,000.00 on August 29, 2012
- Attempt 2) Loan for $31,000.00 on August 9, 2012
- Attempt 3) Loan for $34,000.00 on August 2, 2012
- Attempt 4) Loan for $34,000.00 on September 18, 2010
- Attempt 5) Loan for $28,000.00 on June 15, 2009
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans range from $25,000.00 to $47,000.00. They are mainly used to pay off existing high interest loans like credit cards. Fae needed a debt consolidation loan to pay for their existing debt consolidation loan and their payday loan. Fae was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your less desirable, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates as low as 2.5%.
Conclusion of Fae’s debt consolidation loan
In the end, Fae was able to find a debt consolidation loan for $96000 with an interest rate of 6.4% interest APR from Security Bank in New Auburn, Wisconsin repayable over 22 years from now.