Do you have over $10,000 in Debt? Get Help now.

7 Month Unsecured Loan For Merry In Ypsilanti Township Michigan

$44000 Unsecured Loan – Ypsilanti Township Michigan, Credit Rating Of 353

  • Experian: 365 – The client had a terrible Experian score
  • Transunion: 338 – Merry had a terrible credit rating with Transunion.
  • Equifax: Merry’s Experian score was 353, which is a terrible credit score with the Experian system.

Merry was rejected by Society Bank, Lenawee 4 times prior to being granted funding by Community Bank of Washtenaw at 3075 Washtenaw Avenue

On September 11, 2009, Merry applied about borrowing $11,000 from FMB-Commercial Bank with Tanika, their friend from just outside Ypsilanti Township, and even with the co-signer, Merry was rejected for this unsecured loan. With terrible credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Signature Loan easily acquired in Ypsilanti Township, Michigan for $44000 with terrible credit by Merry

A lot of clients struggle with obtaining signature loans in Ypsilanti Township, Michigan, and Merry is not an exception. Merry went to 6 lending institutions or more before settling on Community Bank of Washtenaw, who offered Merry a signature loan for $44000. Most signature loans simply need a client, like Merry’s signature to obtain them, up to $32,000 in some cases. Merry was able to get $44000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans don’t need collateral, they tend to require improved credit, as high as 755

Merry’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their elevator mechanic job and their future career as an athletic director

Fico Score: 353

Contact Details for Community Bank of Washtenaw, the provider of this unsecured loan

  • Community Bank of Washtenaw
  • City: Ypsilanti Township
  • State: Michigan
  • Address: 3075 Washtenaw Avenue
  • County: Washtenaw
  • Zip code: 48197

Merry has a disappointing current gross income, but has a large amount of prospects

Merry has always wanted to be an athletic director, but would have to attend Case Western Reserve University again to achieve it. Merry has other possibilities as well, including airline flight reservations administrator, atm machine servicer, and ultrasound technologist, which pay $54,000 through to $92,000 per year, on average. Because of this, we think that Merry can pay for this unsecured loan of $44000.

Previous requests on Merry’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$37120.00 3 11.5% $1224.07 Society Bank, Lenawee January 21, 2009
$36530.00 3 8.3% $1149.78 Bank of Lenawee December 7, 2012
$37200.00 9 11.6% $556.5 First of America Bank – Alpena August 5, 2013
$36820.00 8 10.7% $572.44 NBD Ann Arbor, National Association February 14, 2015
$36800.00 10 5.2% $393.93 First of America Bank – Mid Michigan, National Association June 20, 2015
Client Profile: Merry Wimpee of Ypsilanti Township, Michigan
  • Full name (Changed if requested): Merry Wimpee
  • Current Credit: loans.hit.utils.Fico@69663380
  • Current City: Ypsilanti Township
  • State: Michigan
  • Zip code: 48205
  • Yearly income: $51,000
  • Current Job: elevator mechanic
  • Current County: Washtenaw
  • Goal Yearly Income: $92,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000

Installment loan for Merry, a graduate of Case Western Reserve University and an elevator mechanic working for over $72,000 per year

Merry, an alumnus at Case Western Reserve University and an elevator mechanic in Ypsilanti Township, Michigan needs an unsecured loan to purchase a house. Merry has instead chosen to obtain an installment loan for $20,000 and is currently seeking lenders like First of America Bank – Frankenmuth to process their request.

Many previous requests for credit have been made by Merry in the past, including one from Pacific Alliance Bank in Ypsilanti Township, Michigan before Merry was approved for the $44000 by Community Bank of Washtenaw

Merry made 9 prior attempts to obtain an unsecured loan, 2 of which were with Pacific Alliance Bank, a bank in Ypsilanti Township, Michigan known to specialize in unsecured loans specifically. Prior to finding Community Bank of Washtenaw, Merry was concerned due to their inexperience and terrible credit rating.

Personal Loan for an elevator mechanic named Merry in Ypsilanti Township, Michigan to Pay Off Toys ‘R Us Credit Card

Merry had a tonne of credit card debt on their Baby Phat Prepaid Visa RushCard and their Reach Out and Read Visa Card, and they were starting to get in over their heads. Despite Merry’s job as an elevator mechanic, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Most debt consolidation loans vary from $29,000.00 to $45,000.00. They are typically used to pay off existing high interest loans like credit cards. Merry needed a debt consolidation loan to pay for their existing unsecured loan and their credit card. Merry was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your dirty, high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 3.8%.

When Merry was 22, they attempted to obtain a student loan from 5 different banks, which damaged their credit score. Below is a list of Merry’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $32,000.00 on June 16, 2011
  • Attempt 2) Loan for $39,000.00 on January 15, 2013
  • Attempt 3) Loan for $29,000.00 on July 24, 2009
  • Attempt 4) Loan for $37,000.00 on April 9, 2009
  • Attempt 5) Loan for $21,000.00 on April 4, 2010

Paraphrased and Standardized Quote from Merry for this unsecured loan of $44000, provided by Community Bank of Washtenaw

Hi, I am Merry and my hometown is Ypsilanti Township in Michigan. Washtenaw, county is where I grew up, and now I need a unsecured loan in Michigan for $44000 to renovate my home. It wasn’t easy, but Community Bank of Washtenaw really came through for me with this loan for 5.0% interest APR and a term of 14 years. I can repay the loan over the 14 year term, including interest. A big thanks to Community Bank of Washtenaw for giving me a chance and my terrible credit. It look me 8 years to create my credit to 353, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.

8 Months in the Past, Merry Tried Finding a High Risk Loan for $24,000.00, but They Didn’t Find What They were Expecting

It is an existing struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Merry. Merry chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit borrowers. Clients with credit scores as low as 435 can inquire for a high risk loan and may be be accepted.

Merry’s Transunion score was altered by the unsecured loan loan, changing to 338 from 353, which is normal in our experience.

Transunion Score: 338

Before applying for this unsecured loan, Merry had an Experian score of 365, which is terrible, so Community Bank of Washtenaw likely cannot provide Merry an unsecured loan

Experian Score: 365

Fast Loans for Merry in Ypsilanti Township, Michigan to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Ypsilanti Township, Michigan aren’t actually that difficult to obtain, particularly if you have some finesse like Merry. Merry was able to find a fast loan for $44000 from Tri-County Bank and Chemical Bank, but declined both offers in favor of their unsecured loan from Community Bank of Washtenaw. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. Much better in the case that you are in a pinch.

Conclusion of Merry’s unsecured loan

In the end, Merry was able to find an unsecured loan for $44000 with an interest rate of 8.3% interest APR from Community Bank of Washtenaw in Ypsilanti Township, Michigan repayable over 14 years from now.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.