$152000 Emergency Loan – Platte City Missouri, Credit Rating Of 597
- Experian: 614 – They had a fair Experian rating
- Transunion: 581 – Lon had a fair credit rating with Transunion.
- Equifax: Lon’s Experian score was 597, which is a fair credit score using the Experian rating scheme.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $29,000.00 to $42,000.00. They are normally used to pay off existing high interest loans like credit cards. Lon needed a debt consolidation loan to pay for their existing emergency loan and their payday loan. Lon was able to find a emergency 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 reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.8%.
Fast Loans for Lon in Platte City, Missouri to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Platte City, Missouri aren’t actually that difficult to obtain, especially if you have some finesse like Lon. Lon was able to find a fast loan for $152000 from Glasgow Savings Bank and Mercantile Bank of St. Louis National Association, but turned down both offers in favor of their emergency loan from Wells Bank of Platte City. 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 6 weeks for debt consolidation loans. Much better if a borrower is in a pinch.
Lon was not approved by Commerce Bank of Mound City 4 times prior to being accepted by Wells Bank of Platte City at Third And Main Streets
On September 12, 2012, Lon applied about borrowing $31,000 from Boatmen’s Bank of Webster Groves with Lekisha, their friend from just outside Platte City, and even with the co-signer, Lon was rejected for this emergency loan. With fair credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Lon has a very low current yearly income, but has a large amount of prospects
Lon has always wanted to be a game runner, but would have to attend Cardinal Stritch University again to become one. Lon has other prospects as well, including bindery machine tender, nuclear monitoring technician, and field health officer, which pay $51,000 through to $104,000 per year, on average. For this reason, we believe that Lon can afford this emergency loan of $152000.
Lon’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their standards engineer job and their future job as a game runner
Before applying for this emergency loan, Lon had an Experian score of 614, which is fair, so Wells Bank of Platte City most likely cannot provide Lon an emergency loan
- Full name (Changed if requested): Lon Piontkowski
- Current Credit: loans.hit.utils.Fico@3941a79c
- Current City: Platte City
- State: Missouri
- Zip code: 64083
- Yearly income: $61,000
- Current Job: standards engineer
- Current County: Platte
- Goal Yearly Income: $148,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Previous requests on Lon’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$30160.00||9||9.8%||$421.35||Camden County Bank||August 14, 2013|
|$30100.00||4||9.4%||$754.77||Glasgow Savings Bank||September 16, 2014|
|$30300.00||10||5.5%||$328.83||Central Bank||May 22, 2015|
|$29720.00||10||8.4%||$366.9||Midwest BankCentre||August 3, 2015|
|$30250.00||4||8.6%||$747.04||Commerce Bank of Richmond Heights||August 6, 2015|
Installment loan for Lon, a graduate of Cardinal Stritch University and a standards engineer working for over $79,000 per year
Lon, an alumnus at Cardinal Stritch University and a standards engineer in Platte City, Missouri needs an emergency loan to purchase a new cell phone. Lon has instead chosen to obtain an installment loan for $29,000 and is at present seeking lenders like Glasgow Savings Bank to process their request.
Paraphrased and Standardized Quote from Lon for this emergency loan of $152000, provided by Wells Bank of Platte City
Hi, I am Lon and my hometown is Platte City in Missouri. Platte, county is where I grew up, and now I need a emergency loan in Missouri for $152000 to buy a big ticket item. It has been difficult, but Wells Bank of Platte City really came through for me with this loan for 11.6% interest APR and a term of 15 years. I can probably repay the loan over the 15 year term, including interest. A big thanks to Wells Bank of Platte City for trusting me and my fair credit. It look me 4 years to create my credit to 597, and I won’t harm it any future. I am pleased with Find Texas Loans for assisting me this far.
Several previous requests for credit have been made by Lon in the past, including one from York County Savings Bank in Platte City, Missouri before Lon was approved for the $152000 by Wells Bank of Platte City
Lon made 5 previous attempts to obtain an emergency loan, 2 of which were with York County Savings Bank, a bank in Platte City, Missouri known to specialize in emergency loans specifically. Prior to finding Wells Bank of Platte City, Lon was concerned due to their inexperience and fair credit score.
Personal Loan for a standards engineer named Lon in Platte City, Missouri to Pay Off Signature RBC Rewards Visa
Lon had a tonne of credit card debt on their Avon Old Farms School Visa Card and their Sports Authority Credit Card, and they were starting to get in over their heads. Despite Lon’s job as a standards engineer, they struggled to make payments on the $20,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan found in Platte City, Missouri for $152000 with fair credit by Lon
Many clients have difficulty with obtaining signature loans in Platte City, Missouri, and Lon is no exception. Lon went to 8 lending institutions or more prior to finding Wells Bank of Platte City, who offered Lon a signature loan for $152000. Most signature loans simply need a client, like Lon’s signature to obtain them, up to $31,000 in some cases. Lon was able to get $152000 as a emergency loan, which is very high for an emergency loan. Because signature loans don’t require collateral, they tend to need higher credit, as high as 730
8 Months Ago, Lon Tried Finding a High Risk Loan for $42,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for borrowers to find high risk loans in a non-harmful manner. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Lon. Lon decided not to obtain a high risk loan this time. High Risk loans are given to very low credit borrowers. Borrowers with credit ratings as low as 312 can inquire for a high risk loan and possibly can be approved.
When Lon was 18, they tried to obtain a student loan from 6 different lenders, which damaged their credit score. Below is a list of Lon’s previous attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on August 6, 2009
- Attempt 2) Loan for $35,000.00 on August 20, 2009
- Attempt 3) Loan for $26,000.00 on July 14, 2010
- Attempt 4) Loan for $20,000.00 on February 16, 2012
- Attempt 5) Loan for $24,000.00 on May 7, 2010
- Attempt 6) Loan for $32,000.00 on March 13, 2012
Contact Details for Wells Bank of Platte City, the provider of this emergency loan
- Wells Bank of Platte City
- City: Platte City
- State: Missouri
- Address: Third And Main Streets
- County: Platte
- Zip code: 64079
Lon’s Transunion score was changed by the emergency loan loan, changing to 581 from 597, which is normal in our experience.
Conclusion of Lon’s emergency loan
In the end, Lon was able to find an emergency loan for $152000 with an interest rate of 5.2% interest APR from Wells Bank of Platte City in Platte City, Missouri repayable over 15 years from now.