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Michel Granholm’s Private Loan For 32000 Dollars In Rockwall Texas

$32000 Private Loan – Rockwall Texas, Credit Rating Of 602

  • Experian: 613 – They had a good Experian rating
  • Transunion: 590 – Michel had a good credit rating with Transunion.
  • Equifax: Michel’s Experian score was 602, which is a good credit score on the Experian rating scheme.

Michel has a very low current yearly income, but has a large amount of prospects

Michel has always wanted to be a fire prevention engineer, but would need attend The Illinois Institute of Art – Chicago again to achieve it. Michel has other prospects as well, including child support investigator, home appliance installer, and motorcycle mechanic, which pay $50,000 through to $105,000 per year, at least. For this reason, we believe that Michel can afford this private loan of $32000.

Paraphrased and Standardized Quote from Michel for this private loan of $32000, provided by Lakeside National Bank

Hello, I am Michel and my hometown is Rockwall in Texas. Rockwall, county is where I grew up, and now I need a private loan in Texas for $32000 to renovate my home. It wasn’t easy, but Lakeside National Bank really came through for me with this loan for 5.3% interest APR and a term of 4 years. I will repay the loan over the 4 year term, including interest. A big thanks to Lakeside National Bank for giving me a chance and my good credit. It look me 5 years to build my credit to 602, and I won’t tarnish it any future. I am happy with Find Texas Loans for assisting me this far.

Signature Loan found in Rockwall, Texas for $32000 with good credit by Michel

Most clients have difficulty with obtaining signature loans in Rockwall, Texas, and Michel is the same. Michel went to 7 lenders or more before settling on Lakeside National Bank, who offered Michel a signature loan for $32000. Typical signature loans simply require a client, like Michel’s signature to get them, up to $44,000 in some cases. Michel was able to get $32000 as a private loan, which is very high for a private loan. Since signature loans don’t need a cosigner, these loans tend to require improved credit, as high as 750

Fast Loans for Michel in Rockwall, Texas to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Rockwall, Texas aren’t actually that difficult to obtain, particularly if you have some gumption like Michel. Michel was able to find a fast loan for $32000 from Commercial State Bank and Farmers State Bank of Shiro, Texas, but declined both offers in favor of their private loan from Lakeside National Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big improvement in the case that you are on the go.

Before applying for this private loan, Michel had an Experian score of 613, which is good, so Lakeside National Bank most likely cannot provide Michel a private loan

Experian Score: 613

Installment loan for Michel, a graduate of The Illinois Institute of Art – Chicago and a ceiling tile installer working for over $63,000 per year

Michel, an alumnus at The Illinois Institute of Art – Chicago and a ceiling tile installer in Rockwall, Texas needs a private loan to purchase a house. Michel has instead decided to get an installment loan for $26,000 and is at present seeking lenders like Texas Commerce Bank – Rio Grande Valley, National Association to process their request.

Contact Details for Lakeside National Bank, the provider of this private loan

  • Lakeside National Bank
  • City: Rockwall
  • State: Texas
  • Address: 2805 Ridge Road
  • County: Rockwall
  • Zip code: 75087

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

Most debt consolidation loans range from $23,000.00 to $49,000.00. They are normally used to pay off existing high interest loans like credit cards. Michel required a debt consolidation loan to pay for their existing private loan and their loan shark loan. Michel was able to find a private loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your bad, high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates as low as 3.8%.

Previous requests on Michel’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$82570.00 6 10.3% $1542.2 Comerica Bank June 6, 2010
$83400.00 11 6.5% $886.02 First Star Bank, S.S.B. January 14, 2014
$82670.00 11 11.1% $1087.14 Brownfield State Bank & Trust Co. June 12, 2014
$83300.00 7 5.3% $1189.13 First Bank & Trust, Bryan, Texas September 3, 2014

Many previous requests for credit have been made by Michel in the past, including one from First Springfield Bank & Trust in Rockwall, Texas before Michel was approved for the $32000 by Lakeside National Bank

Michel made 4 prior attempts to obtain a private loan, 2 of which were with First Springfield Bank & Trust, a lending institution in Rockwall, Texas known to specialize in private loans specifically. Prior to finding Lakeside National Bank, Michel was concerned due to their inexperience and good credit score.

Michel was not approved by The Bank and Trust, S.S.B. 6 times prior to being granted funding by Lakeside National Bank at 2805 Ridge Road

On March 23, 2010, Michel applied about borrowing $19,000 from Brownfield State Bank & Trust Co. with Carlotta, their in law from just outside Rockwall, and even with the co-signer, Michel was rejected for this private loan. With good credit, it can be challenging to obtain funding, even with collateral and a co-signer.

6 Months in the Past, Michel Tried to Find a High Risk Loan for $45,000.00, but They Didn’t Find What They were Expecting

There is an existing struggle for clients to find high risk loans in a safe way. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Michel. Michel decided not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit clients. Clients with credit ratings as low as 507 can apply for a high risk loan and possibly can be approved.

Michel’s Overall FICO score at the time of acceptance for a private loan, taking into account their ceiling tile installer job and their future job as a fire prevention engineer

Fico Score: 602

Personal Loan for a ceiling tile installer named Michel in Rockwall, Texas to Pay Off AirBP Flight Card

Michel had a tonne of credit card debt on their Pennsylvania Freemasons Visa Cards and their CFCU Classic Visa, and they were starting to get in over their heads. Despite Michel’s job as a ceiling tile installer, they struggled to make payments on the $25,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Client Profile: Michel Granholm of Rockwall, Texas
  • Full name (Changed if requested): Michel Granholm
  • Current Credit: loans.hit.utils.Fico@6842775d
  • Current City: Rockwall
  • State: Texas
  • Zip code: 75096
  • Yearly income: $37,000
  • Current Job: ceiling tile installer
  • Current County: Rockwall
  • Goal Yearly Income: $83,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $9000

When Michel was 23, they attempted to obtain a student loan from 5 different lenders, which damaged their credit score. Below is a list of Michel’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $35,000.00 on July 15, 2011
  • Attempt 2) Loan for $22,000.00 on May 19, 2010
  • Attempt 3) Loan for $35,000.00 on March 21, 2013
  • Attempt 4) Loan for $25,000.00 on April 5, 2010
  • Attempt 5) Loan for $25,000.00 on January 30, 2011

Michel’s Transunion score was changed by the private loan loan, changing to 590 from 602, which is typical in our experience.

Transunion Score: 590

Conclusion of Michel’s private loan

In the end, Michel was able to find a private loan for $32000 with an interest rate of 8.5% interest APR from Lakeside National Bank in Rockwall, Texas repayable over 4 years from today.

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.

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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.