$32000 Signature Loan – Fairmont Minnesota, Credit Score Of 589
- Experian: 602 – They had a fair Experian rating
- Transunion: 577 – Jetta had a fair credit score with Transunion.
- Equifax: Jetta’s Experian score was 589, which is a fair credit score on the Experian rating scheme.
Previous requests on Jetta’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$87200.00||9||8.3%||$1148.84||Marquette Bank Cannon Falls||February 13, 2009|
|$86900.00||10||5.8%||$956.06||Root River State Bank||August 8, 2012|
|$86740.00||3||6.3%||$2650.61||Clinton State Bank||May 20, 2013|
|$86690.00||8||5.4%||$1114.07||Peoples State Bank of Plainview||September 21, 2014|
|$86870.00||7||9.1%||$1402.07||Security State Bank of Wykoff||January 4, 2015|
Personal Loan for an anthropology and archeology professor named Jetta in Fairmont, Minnesota to Pay Off AOPA Rewards American Express Card
Jetta had a lot of credit card debt on their Golf Magazine Rewards Visa Card and their Berkshire Municipal Bank Visa Platinum Card, and they were starting to get in over their heads. Despite Jetta’s job as an anthropology and archeology professor, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Jetta’s Transunion score was changed by the signature loan loan, changing to 577 from 589, which is normal in our experience.
Contact Details for First Farmers & Merchants National Bank, the provider of this signature loan
- First Farmers & Merchants National Bank
- City: Fairmont
- State: Minnesota
- Address: 114 South Park
- County: Martin
- Zip code: 56031
Paraphrased and Standardized Quote from Jetta for this signature loan of $32000, provided by First Farmers & Merchants National Bank
Hi, I am Jetta and my hometown is Fairmont in Minnesota. Martin, county is where I grew up, and now I need a signature loan in Minnesota for $32000 to avoid bankruptcy. It wasn’t easy, but First Farmers & Merchants National Bank really came through for me with this loan for 11.5% interest APR and a term of 5 years. I will repay the loan over the 5 year term, including interest. A big thanks to First Farmers & Merchants National Bank for giving me a chance and my fair credit. It look me 4 years to build my credit to 589, and I won’t harm it any more. I am happy with Find Texas Loans for assisting me this far.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $31,000.00 to $59,000.00. They are typically used to pay off existing high interest loans like credit cards. Jetta needed a debt consolidation loan to pay for their existing signature loan and their credit card. Jetta was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which converts your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.6%.
- Full name (Changed if requested): Jetta Bruer
- Current Credit: loans.hit.utils.Fico@49c2faae
- Current City: Fairmont
- State: Minnesota
- Zip code: 56038
- Yearly income: $32,000
- Current Job: anthropology and archeology professor
- Current County: Martin
- Goal Yearly Income: $125,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Jetta has a sad current total income, but has a high number of prospects
Jetta has always wanted to be a travel agent, but would have to attend West Coast University again to become one. Jetta has other possibilities as well, including instrument technician, speech writer, and educational resource coordinator, which pay $50,000 through to $94,000 per year, at least. For this reason, we believe that Jetta can afford this signature loan of $32000.
Jetta was not approved by Security State Bank of Wykoff 7 times prior to being granted funding by First Farmers & Merchants National Bank at 114 South Park
On September 25, 2010, Jetta applied about borrowing $24,000 from Fidelity Bank and Trust Company with Arlen, their in law from just outside Fairmont, and even with the co-signer, Jetta was rejected for this signature loan. With fair credit, it can be very hard to procure financing, even with collateral and a co-signer.
8 Months Ago, Jetta Tried Finding a High Risk Loan for $31,000.00, and it was Easy
There is an well known struggle for borrowers to get high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Jetta. Jetta decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit borrowers. Borrowers with credit scores as low as 542 can apply for a high risk loan and may be be accepted.
Signature Loan found in Fairmont, Minnesota for $32000 with fair credit by Jetta
Many clients have difficulty with finding signature loans in Fairmont, Minnesota, and Jetta is not an exception. Jetta went to 6 lenders or more before settling on First Farmers & Merchants National Bank, who offered Jetta a signature loan for $32000. Most signature loans simply require a client, like Jetta’s signature to get them, up to $22,000 in some cases. Jetta was able to get $32000 as a signature loan, which is very high for a signature loan. Because signature loans don’t require a cosigner, they tend to need better credit, as high as 743
Fast Loans for Jetta in Fairmont, Minnesota to prevent bankruptcy or harm from debt collectors.
Fast loans in Fairmont, Minnesota aren’t actually that difficult to obtain, especially if you have some finesse like Jetta. Jetta was able to find a fast loan for $32000 from First State Bank, Lake Lillian, Minnesota and O’Connor Bros. State Bank of Renville, but declined both offers in favor of their signature loan from First Farmers & Merchants National Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. Much better if you are in a time sensitive situation.
Before applying for this signature loan, Jetta had an Experian score of 602, which is fair, so First Farmers & Merchants National Bank likely cannot provide Jetta a signature loan
Installment loan for Jetta, a graduate of West Coast University and an anthropology and archeology professor working for over $72,000 per year
Jetta, an alumnus at West Coast University and an anthropology and archeology professor in Fairmont, Minnesota needs a signature loan to purchase a house. Jetta has instead chosen to obtain an installment loan for $19,000 and is at present seeking lenders like Lakes State Bank to process their request.
Jetta’s Overall FICO score at the time of acceptance for a signature loan, taking into account their anthropology and archeology professor job and their future career as a travel agent
Multiple past requests for credit have been made by Jetta in the past, including one from Exchange State Bank in Fairmont, Minnesota before Jetta was approved for the $32000 by First Farmers & Merchants National Bank
Jetta made 5 prior attempts to obtain a signature loan, 2 of which were with Exchange State Bank, a lending institution in Fairmont, Minnesota known to specialize in signature loans specifically. Before finding First Farmers & Merchants National Bank, Jetta was very concerned due to their inexperience and fair credit rating.
When Jetta was 22, they tried to obtain a student loan from 4 different lenders, which harmed their credit rating. Below is a list of Jetta’s previous attempts at finding a student loan:
- Attempt 1) Loan for $20,000.00 on September 18, 2010
- Attempt 2) Loan for $37,000.00 on January 26, 2009
- Attempt 3) Loan for $26,000.00 on September 10, 2011
- Attempt 4) Loan for $32,000.00 on August 4, 2010
Conclusion of Jetta’s signature loan
In the end, Jetta was able to find a signature loan for $32000 with an interest rate of 6.2% interest APR from First Farmers & Merchants National Bank in Fairmont, Minnesota repayable over 5 years from today.