$102000 Fast Loan – Old Monroe Missouri, Credit Score Of 693
- Experian: 703 – This client had a good Experian rating
- Transunion: 675 – Gail had a good credit rating with Transunion.
- Equifax: Gail’s Experian score was 693, which is a good credit rating using the Experian rating scheme.
Many previous requests for credit have been made by Gail in the past, including one from International Bank of California in Old Monroe, Missouri before Gail was accepted for the $102000 by The Bank of Old Monroe
Gail made 9 previous tries to obtain a fast loan, 2 of which were with International Bank of California, a lender in Old Monroe, Missouri known to specialize in fast loans specifically. Prior to finding The Bank of Old Monroe, Gail was very concerned due to their inexperience and good credit score.
- Full name (Changed if requested): Gail Siver
- Current Credit: loans.hit.utils.Fico@446cdf90
- Current City: Old Monroe
- State: Missouri
- Zip code: 63374
- Yearly income: $65,000
- Current Job: traffic agent
- Current County: Lincoln
- Goal Yearly Income: $126,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Paraphrased and Standardized Quote from Gail for this fast loan of $102000, provided by The Bank of Old Monroe
Hi, I am Gail and I am from Old Monroe in Missouri. Lincoln, county is where I grew up, and now I need a fast loan in Missouri for $102000 to renovate my home. It wasn’t easy, but The Bank of Old Monroe really came through for me with this loan for 8.2% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to The Bank of Old Monroe for trusting me and my good credit. It look me 6 years to create my credit to 693, and I won’t harm it any more. I am happy with Find Texas Loans for helping me this far.
Personal Loan for a traffic agent named Gail in Old Monroe, Missouri to Pay Off Bloomingdale’s American Express Card
Gail had a lot of credit card debt on their Avianca LifeMiles Visa Signature Card and their KJAZZ Visa Card, and they were starting to get in over their heads. Despite Gail’s job as a traffic agent, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Gail was 20, they tried to obtain a student loan from 4 alternate banks, which harmed their credit score. Below is a list of Gail’s prior attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on July 30, 2009
- Attempt 2) Loan for $31,000.00 on March 19, 2012
- Attempt 3) Loan for $32,000.00 on December 26, 2010
- Attempt 4) Loan for $24,000.00 on September 13, 2013
Gail was rejected by Mercantile Bank of St. Louis National Association 5 times prior to being granted funding by The Bank of Old Monroe at 2100 Highway C
On September 16, 2010, Gail inquired about borrowing $47,000 from Camden County Bank with Kittie, their friend from just outside Old Monroe, and even with the co-signer, Gail was rejected for this fast loan. With good credit, it can be challenging to procure financing, even with collateral and a co-signer.
Previous requests on Gail’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$44270.00||3||10.1%||$1430.55||Camden County Bank||May 21, 2011|
|$44310.00||8||9.8%||$667.69||Glasgow Savings Bank||February 27, 2013|
|$43550.00||8||11.5%||$695.9||Central Bank||November 2, 2014|
|$44420.00||10||9.6%||$577.22||Midwest BankCentre||July 25, 2015|
Gail’s Transunion score was altered by the fast loan loan, changing to 675 from 693, which is typical in our experience.
6 Months Ago, Gail Attempted to Find a High Risk Loan for $27,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for borrowers to get high risk loans in a safe manner. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Gail. Gail chose not to obtain a high risk loan this time. High Risk loans are given to very low credit borrowers. Individuals with credit scores as low as 309 can inquire for a high risk loan and possibly can be accepted.
Before applying for this fast loan, Gail had an Experian score of 703, which is good, so The Bank of Old Monroe likely cannot provide Gail a fast loan
Installment loan for Gail, a graduate of Indiana Wesleyan University and a traffic agent working for over $68,000 per year
Gail, an alumnus at Indiana Wesleyan University and a traffic agent in Old Monroe, Missouri wants a fast loan to purchase a new cell phone. Gail has instead chosen to get an installment loan for $6,000 and is currently seeking lenders like Commerce Bank of Mound City to process their request.
Gail has a sad current total income, but has a high number of prospects
Gail has always wanted to be a fashion model, but would have to attend Indiana Wesleyan University again to become one. Gail has other prospects as well, including alumni relations coordinator, cook, and telecommunications maintenance worker, which pay $55,000 through to $94,000 per year, on average. Because of this, we think that Gail can afford this fast loan of $102000.
Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $39,000.00 to $46,000.00. They are mainly used to pay off existing high interest loans like credit cards. Gail needed a debt consolidation loan to pay for their existing fast loan and their credit card. Gail was able to find a fast loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your less desirable, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 3.3%.
Contact Details for The Bank of Old Monroe, the provider of this fast loan
- The Bank of Old Monroe
- City: Old Monroe
- State: Missouri
- Address: 2100 Highway C
- County: Lincoln
- Zip code: 63369
Signature Loan acquired in Old Monroe, Missouri for $102000 with good credit by Gail
Most prospective borrowers struggle with finding signature loans in Old Monroe, Missouri, and Gail is no exception. Gail went to 7 lending institutions or more prior to settling on The Bank of Old Monroe, who offered Gail a signature loan for $102000. Most signature loans simply need a client, like Gail’s signature to obtain them, up to $31,000 in some cases. Gail was able to get $102000 as a fast loan, which is very high for a fast loan. Since signature loans don’t require collateral, they generally require improved credit, as high as 721
Gail’s Overall FICO score at the time of acceptance for a fast loan, taking into account their traffic agent job and their future job as a fashion model
Fast Loans for Gail in Old Monroe, Missouri to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Old Monroe, Missouri aren’t actually that difficult to obtain, especially if you have some finesse like Gail. Gail was able to find a fast loan for $102000 from Jefferson Bank and Trust Company and Camden County Bank, but turned down both offers in favor of their fast loan from The Bank of Old Monroe. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. A big difference in the case that you are in a pinch.
Conclusion of Gail’s fast loan
In the end, Gail was able to find a fast loan for $102000 with an interest rate of 7.1% interest APR from The Bank of Old Monroe in Old Monroe, Missouri repayable over 23 years from today.