$74000 Same Day Loan – Grand Rapids Minnesota, Credit Score Of 463
- Experian: 474 – The client had a bad Experian rating
- Transunion: 444 – Florrie had a bad credit score with Transunion.
- Equifax: Florrie’s Experian score was 463, which is a bad credit rating with the Experian system.
Installment loan for Florrie, a graduate of Kansas City Kansas Community College and a soil conservation technician working for over $69,000 per year
Florrie, an alumnus at Kansas City Kansas Community College and a soil conservation technician in Grand Rapids, Minnesota needs a same day loan to purchase a new cell phone. Florrie has instead chosen to obtain an installment loan for $18,000 and is at present seeking lenders like Security State Bank of Wykoff to provide it.
Florrie’s Overall FICO score at the time of acceptance for a same day loan, taking into account their soil conservation technician job and their future career as an education and training administrator
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans range from $21,000.00 to $42,000.00. They are mainly used to pay off existing high interest loans like credit cards. Florrie required a debt consolidation loan to pay for their existing same day loan and their payday loan. Florrie was able to find a same day loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your bad, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 3.8%.
Signature Loan acquired in Grand Rapids, Minnesota for $74000 with bad credit by Florrie
Many prospective borrowers struggle with obtaining signature loans in Grand Rapids, Minnesota, and Florrie is no exception. Florrie went to 8 lenders or more before settling on Grand Rapids State Bank, who offered Florrie a signature loan for $74000. Most signature loans simply require a client, like Florrie’s signature to get them, up to $45,000 in some cases. Florrie was able to get $74000 as a same day loan, which is very high for a same day loan. Because signature loans do not require collateral, they tend to need better credit, as high as 798
Florrie’s Transunion score was altered by the same day loan loan, changing to 444 from 463, which is normal in our experience.
Many past requests for credit have been made by Florrie in the past, including one from Security Bank of Bollinger County in Grand Rapids, Minnesota before Florrie was accepted for the $74000 by Grand Rapids State Bank
Florrie made 9 previous attempts to obtain a same day loan, 2 of which were with Security Bank of Bollinger County, a lender in Grand Rapids, Minnesota known to specialize in same day loans specifically. Before finding Grand Rapids State Bank, Florrie was very concerned due to their inexperience and bad credit score.
Paraphrased and Standardized Quote from Florrie for this same day loan of $74000, provided by Grand Rapids State Bank
Hello, I am Florrie and my hometown is Grand Rapids in Minnesota. Itasca, county is where I grew up, and now I need a same day loan in Minnesota for $74000 to buy a car. It has been difficult, but Grand Rapids State Bank really came through for me with this loan for 5.0% interest APR and a term of 17 years. I can repay the loan over the 17 year term, including interest. A big thanks to Grand Rapids State Bank for giving me a chance and my bad credit. It look me 9 years to build my credit to 463, and I won’t harm it any more. I am happy with Find Texas Loans for helping me this far.
Contact Details for Grand Rapids State Bank, the provider of this same day loan
- Grand Rapids State Bank
- City: Grand Rapids
- State: Minnesota
- Address: 523 Nw 1st Avenue
- County: Itasca
- Zip code: 55744
Fast Loans for Florrie in Grand Rapids, Minnesota to prevent bankruptcy or harm from debt collectors.
Fast loans in Grand Rapids, Minnesota aren’t actually that difficult to obtain, especially if you have some finesse like Florrie. Florrie was able to find a fast loan for $74000 from Lake Area Bank and Clinton State Bank, but declined both offers in favor of their same day loan from Grand Rapids State Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement in the case that you are in a time sensitive situation.
Florrie has a disappointing current gross income, but has several of prospects
Florrie has always wanted to be an education and training administrator, but would have to attend Kansas City Kansas Community College again to become one. Florrie has other prospects as well, including preschool teacher, human resources management consultant, and biological technician, which pay $58,000 through to $100,000 per year, on average. Because of this, we think that Florrie can afford this same day loan of $74000.
Florrie was declined by Root River State Bank 5 times prior to being accepted by Grand Rapids State Bank at 523 Nw 1st Avenue
On March 27, 2012, Florrie inquired about borrowing $15,000 from Peoples State Bank of Plainview with Jeana, their friend from just outside Grand Rapids, and even with the co-signer, Florrie was rejected for this same day loan. With bad credit, it can be challenging to procure funding, even with collateral and a co-signer.
Previous requests on Florrie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$71130.00||7||10.1%||$1184.52||Marquette Bank Cannon Falls||June 30, 2010|
|$71100.00||5||7.1%||$1411.22||Root River State Bank||April 28, 2013|
|$71120.00||6||9.3%||$1292.59||Clinton State Bank||March 13, 2014|
|$70710.00||11||7.1%||$773.33||Peoples State Bank of Plainview||January 17, 2015|
6 Months Ago, Florrie Attempted Finding a High Risk Loan for $40,000.00, but They Didn’t Find What They were Expecting
There is an well known 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 Florrie. Florrie chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit applicants. Individuals with credit ratings as low as 304 can apply for a high risk loan and may be be approved.
Personal Loan for a soil conservation technician named Florrie in Grand Rapids, Minnesota to Pay Off Amalgamated Bank MasterCard Standard Plus
Florrie had a tonne of credit card debt on their Steuben Trust Secured Visa Card and their Harvard Alumni Association World MasterCard, and they were starting to get in over their heads. Despite Florrie’s job as a soil conservation technician, they struggled to make payments on the $26,000.00 credit card balance, badly needing assistance in the form of a personal loan.
- Full name (Changed if requested): Florrie Sheu
- Current Credit: loans.hit.utils.Fico@45283ce2
- Current City: Grand Rapids
- State: Minnesota
- Zip code: 55747
- Yearly income: $57,000
- Current Job: soil conservation technician
- Current County: Itasca
- Goal Yearly Income: $144,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
When Florrie was 22, they tried to obtain a student loan from 7 different banks, which damaged their credit score. Below is a chronology of Florrie’s prior attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on September 21, 2012
- Attempt 2) Loan for $37,000.00 on April 15, 2011
- Attempt 3) Loan for $26,000.00 on December 4, 2010
- Attempt 4) Loan for $36,000.00 on May 18, 2013
- Attempt 5) Loan for $36,000.00 on December 20, 2009
- Attempt 6) Loan for $34,000.00 on June 9, 2011
- Attempt 7) Loan for $38,000.00 on February 3, 2011
Before applying for this same day loan, Florrie had an Experian score of 474, which is bad, so Grand Rapids State Bank most likely cannot provide Florrie a same day loan
Conclusion of Florrie’s same day loan
In the end, Florrie was able to find a same day loan for $74000 with an interest rate of 10.2% interest APR from Grand Rapids State Bank in Grand Rapids, Minnesota repayable over 17 years from now.