$90000 Quick Loan – Cedar Rapids Iowa, Credit Score Of 606
- Experian: 616 – This individual had a good Experian rating
- Transunion: 587 – Flora had a good credit rating with Transunion.
- Equifax: Flora’s Experian score was 606, which is a good credit score with the Experian scale.
Contact Details for BankIowa of Cedar Rapids, the provider of this quick loan
- BankIowa of Cedar Rapids
- City: Cedar Rapids
- State: Iowa
- Address: 7045 C Avenue Northeast
- County: Linn
- Zip code: 52402
- Full name (Changed if requested): Flora Barreca
- Current Credit: loans.hit.utils.Fico@5f205aa
- Current City: Cedar Rapids
- State: Iowa
- Zip code: 52407
- Yearly income: $37,000
- Current Job: physical education instructor
- Current County: Linn
- Goal Yearly Income: $126,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Before applying for this quick loan, Flora had an Experian score of 616, which is good, so BankIowa of Cedar Rapids probably can provide Flora a quick loan
Previous requests on Flora’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$120390.00||5||8.5%||$2469.99||Mills County Bank National Association||December 16, 2010|
|$119610.00||9||10.6%||$1723.06||Postville State Bank||October 4, 2013|
|$119780.00||6||7.1%||$2047.89||Washington State Bank||January 15, 2014|
|$119590.00||6||11.5%||$2307.03||Rippey Savings Bank||September 4, 2014|
|$119740.00||11||6.5%||$1272.09||Iowa State Bank||November 14, 2014|
Multiple past requests for credit have been made by Flora in the past, including one from Bank One, Carmel in Cedar Rapids, Iowa before Flora was approved for the $90000 by BankIowa of Cedar Rapids
Flora made 7 prior attempts to obtain a quick loan, 2 of which were with Bank One, Carmel, a lending institution in Cedar Rapids, Iowa known to specialize in quick loans specifically. Before finding BankIowa of Cedar Rapids, Flora was desperate due to their inexperience and good credit rating.
When Flora was 21, they attempted to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a chronology of Flora’s prior attempts at finding a student loan:
- Attempt 1) Loan for $37,000.00 on April 25, 2010
- Attempt 2) Loan for $29,000.00 on August 13, 2010
- Attempt 3) Loan for $20,000.00 on September 11, 2010
- Attempt 4) Loan for $33,000.00 on July 4, 2011
- Attempt 5) Loan for $26,000.00 on February 6, 2014
Flora’s Transunion score was changed by the quick loan loan, changing to 587 from 606, which is typical in our experience.
Paraphrased and Standardized Quote from Flora for this quick loan of $90000, provided by BankIowa of Cedar Rapids
Hello, I am Flora and I’m from Cedar Rapids in Iowa. Linn, county is where I grew up, and now I need a quick loan in Iowa for $90000 to buy a car. It has been difficult, but BankIowa of Cedar Rapids really came through for me with this loan for 10.7% interest APR and a term of 17 years. I can repay the loan over the 17 year term, including interest. A big thanks to BankIowa of Cedar Rapids for giving me a chance and my good credit. It look me 4 years to build my credit to 606, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.
Flora has a disappointing current total income, but has a high number of prospects
Flora has always wanted to be a fishery worker supervisor, but would have to attend West Chester University of Pennsylvania again to become one. Flora has other possibilities as well, including heating, aircraft examiner, and electrical and electronic inspector, which pay $58,000 through to $99,000 per year, on average. For this reason, we believe that Flora can afford this quick loan of $90000.
Flora’s Overall FICO score at the time of acceptance for a quick loan, taking into account their physical education instructor job and their future career as a fishery worker supervisor
Personal Loan for a physical education instructor named Flora in Cedar Rapids, Iowa to Pay Off CFCU Secured Classic Plus Visa
Flora had a tonne of credit card debt on their Merrill Lynch EMA Signature Rewards and their REI World MasterCard, and they were starting to get in over their heads. Despite Flora’s job as a physical education instructor, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Installment loan for Flora, a graduate of West Chester University of Pennsylvania and a physical education instructor working for over $79,000 per year
Flora, an alumnus at West Chester University of Pennsylvania and a physical education instructor in Cedar Rapids, Iowa needs a quick loan to purchase a new cell phone. Flora has instead decided to get an installment loan for $15,000 and is currently seeking lenders like Peoples Bank and Trust Company to process their request.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $21,000.00 to $42,000.00. They are typically used to pay off existing high interest loans like credit cards. Flora needed a debt consolidation loan to pay for their existing quick loan and their loan shark loan. Flora was able to find a quick loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing 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%.
9 Months Ago, Flora Tried to Find a High Risk Loan for $42,000.00, and it was Hard
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 the like, which can be frightening to borrowers like Flora. Flora chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit applicants. Clients with credit ratings as low as 309 can apply for a high risk loan and may be be approved.
Fast Loans for Flora in Cedar Rapids, Iowa to prevent bankruptcy or harm from debt collectors.
Fast loans in Cedar Rapids, Iowa aren’t actually that difficult to obtain, particularly if you have some finesse like Flora. Flora was able to find a fast loan for $90000 from Manson State Bank and Pocahontas State Bank, but turned down both offers in favor of their quick loan from BankIowa of Cedar Rapids. 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 personal loans. A big difference in the case that a client is on the go.
Signature Loan easily acquired in Cedar Rapids, Iowa for $90000 with good credit by Flora
A lot of prospective borrowers struggle with finding signature loans in Cedar Rapids, Iowa, and Flora is the same. Flora went to 7 lenders or more prior to finding BankIowa of Cedar Rapids, who offered Flora a signature loan for $90000. Most signature loans simply need a client, like Flora’s signature to obtain them, up to $29,000 in some cases. Flora was able to get $90000 as a quick loan, which is very high for a quick loan. Since signature loans do not need collateral, they generally require higher credit, as high as 782
Flora was not approved by Solon State Bank 6 times before being approved by BankIowa of Cedar Rapids at 7045 C Avenue Northeast
On April 4, 2009, Flora applied about borrowing $24,000 from Brenton State Bank of Jefferson with Lannie, their in law from just outside Cedar Rapids, and even with the co-signer, Flora was rejected for this quick loan. With good credit, it can be difficult to procure funding, even with collateral and a co-signer.
Conclusion of Flora’s quick loan
In the end, Flora was able to find a quick loan for $90000 with an interest rate of 6.3% interest APR from BankIowa of Cedar Rapids in Cedar Rapids, Iowa repayable over 17 years from now.