$117000 Debt Consolidation Loan – Alma Wisconsin, Credit Rating Of 707
- Experian: 721 – The client had a good Experian score
- Transunion: 692 – Johana had a good credit score with Transunion.
- Equifax: Johana’s Experian score was 707, which is a good credit score using the Experian system.
Before applying for this debt consolidation loan, Johana had an Experian score of 721, which is good, so Bank of Alma likely cannot provide Johana a debt consolidation loan
Signature Loan acquired in Alma, Wisconsin for $117000 with good credit by Johana
Most clients struggle with finding signature loans in Alma, Wisconsin, and Johana is no exception. Johana went to 8 lenders or more prior to finding Bank of Alma, who offered Johana a signature loan for $117000. Typical signature loans simply need a client, like Johana’s signature to get them, up to $47,000 in some cases. Johana was able to get $117000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans do not require collateral, these loans generally require higher credit, as high as 750
Installment loan for Johana, a graduate of Kennebec Valley Community College and an electrical and electronic inspector working for over $64,000 per year
Johana, an alumnus at Kennebec Valley Community College and an electrical and electronic inspector in Alma, Wisconsin wants a debt consolidation loan to purchase a house. Johana has instead decided to get an installment loan for $22,000 and is at present seeking lenders like M&I South Shore Bank to provide it.
9 Months Ago, Johana Attempted Finding a High Risk Loan for $36,000.00, and it was Easy
There is an ongoing struggle for borrowers to get high risk loans in a safe manner. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Johana. Johana chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit borrowers. Clients with credit scores as low as 363 can inquire for a high risk loan and have a chance to be accepted.
Personal Loan for an electrical and electronic inspector named Johana in Alma, Wisconsin to Pay Off Brooks Brothers Platinum MasterCard
Johana had a lot of credit card debt on their Walmart Community Card and their Mio Prepaid Credit Card, and they were starting to get in over their heads. Despite Johana’s job as an electrical and electronic inspector, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Contact Details for Bank of Alma, the provider of this debt consolidation loan
- Bank of Alma
- City: Alma
- State: Wisconsin
- Address: 211 Main Street
- County: Buffalo
- Zip code: 54610
Paraphrased and Standardized Quote from Johana for this debt consolidation loan of $117000, provided by Bank of Alma
Hello, I am Johana and I am from Alma in Wisconsin. Buffalo, county is where I grew up, and now I need a debt consolidation loan in Wisconsin for $117000 to buy a big ticket item. It wasn’t easy, but Bank of Alma really came through for me with this loan for 10.3% 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 Alma for giving me a chance and my good credit. It look me 8 years to build my credit to 707, and I won’t harm it any more. I’m happy with Find Texas Loans for assisting me this far.
Previous requests on Johana’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$135230.00||3||5.1%||$4059.04||M&I Bank of Burlington||May 25, 2009|
|$135370.00||6||5.7%||$2224.35||M&I Marshall and Ilsley Bank||October 9, 2013|
|$135330.00||7||7.6%||$2082.41||Continental Bank & Trust Co.||June 18, 2014|
|$134780.00||3||5.8%||$4088.07||Clare Bank, National Association||October 7, 2014|
Johana’s Transunion score was altered by the debt consolidation loan loan, changing to 692 from 707, which is typical in our experience.
Johana was not approved by Citizens State Bank 5 times before being accepted by Bank of Alma at 211 Main Street
On November 29, 2010, Johana applied about borrowing $48,000 from Norwest Bank Wisconsin East Central with Karolyn, their friend from just outside Alma, and even with the co-signer, Johana was rejected for this debt consolidation loan. With good credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Fast Loans for Johana in Alma, Wisconsin to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Alma, Wisconsin aren’t actually that difficult to obtain, especially if you have some gumption like Johana. Johana was able to find a fast loan for $117000 from Norwest Bank Wisconsin Appleton and Associated Bank Madison, but declined both offers in favor of their debt consolidation loan from Bank of Alma. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. Much better if a borrower is in a time sensitive situation.
Multiple previous requests for credit have been made by Johana in the past, including one from Farmers Bank of Cook in Alma, Wisconsin before Johana was approved for the $117000 by Bank of Alma
Johana made 9 previous attempts to obtain a debt consolidation loan, 2 of which were with Farmers Bank of Cook, a bank in Alma, Wisconsin known to specialize in debt consolidation loans specifically. Before finding Bank of Alma, Johana was desperate due to their inexperience and good credit rating.
Johana has a very low current gross income, but has a high number of prospects
Johana has always wanted to be a chief financial officer, but would need attend Kennebec Valley Community College again to achieve it. Johana has other possibilities as well, including customs inspector, administrative service manager, and probation officer, which pay $52,000 through to $98,000 per year, on average. Because of this, we believe that Johana can afford this debt consolidation loan of $117000.
When Johana was 21, they attempted to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a chronology of Johana’s prior attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on October 27, 2009
- Attempt 2) Loan for $38,000.00 on May 13, 2013
- Attempt 3) Loan for $25,000.00 on August 2, 2013
- Attempt 4) Loan for $20,000.00 on November 17, 2013
- Attempt 5) Loan for $37,000.00 on September 29, 2010
Johana’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their electrical and electronic inspector job and their future job as a chief financial officer
- Full name (Changed if requested): Johana Mulqueen
- Current Credit: loans.hit.utils.Fico@3d71d552
- Current City: Alma
- State: Wisconsin
- Zip code: 54615
- Yearly income: $61,000
- Current Job: electrical and electronic inspector
- Current County: Buffalo
- Goal Yearly Income: $121,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $24,000.00 to $54,000.00. They are mainly used to pay off existing high interest loans like credit cards. Johana needed a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Johana 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 changes your bad, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 4.1%.
Conclusion of Johana’s debt consolidation loan
In the end, Johana was able to find a debt consolidation loan for $117000 with an interest rate of 5.7% interest APR from Bank of Alma in Alma, Wisconsin repayable over 21 years from today.