$34000 No Collateral Loan – Ames Iowa, Credit Rating Of 392
- Experian: 404 – They had a terrible Experian score
- Transunion: 380 – Suk had a terrible credit score with Transunion.
- Equifax: Suk’s Experian score was 392, which is a terrible credit score using the Experian system.
7 Months in the Past, Suk Attempted Finding a High Risk Loan for $39,000.00, and it was Hard
There is an existing struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Suk. Suk chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit clients. Clients with credit ratings as low as 345 can apply for a high risk loan and possibly can be accepted.
Signature Loan found in Ames, Iowa for $34000 with terrible credit by Suk
Most clients have difficulty with obtaining signature loans in Ames, Iowa, and Suk is not an exception. Suk went to 5 lenders or more before settling on VISIONBANK OF IOWA, who offered Suk a signature loan for $34000. Typical signature loans simply require a client, like Suk’s signature to obtain them, up to $48,000 in some cases. Suk was able to get $34000 as a no collateral loan, which is very high for a no collateral loan. Since signature loans do not need a cosigner, they generally require improved credit, as high as 737
Suk’s Transunion score was changed by the no collateral loan loan, changing to 380 from 392, which is normal in our experience.
Suk was not approved by First State Bank of Mapleton 6 times prior to being approved by VISIONBANK OF IOWA at 104 Chestnut St
On September 18, 2011, Suk inquired about borrowing $45,000 from Raccoon Valley Bank with Jarrett, their friend from just outside Ames, and even with the co-signer, Suk was rejected for this no collateral loan. With terrible credit, it can be difficult to procure funding, even with collateral and a co-signer.
Several other requests for credit have been made by Suk in the past, including one from Florence Building and Loan Association Incorporated in Ames, Iowa before Suk was accepted for the $34000 by VISIONBANK OF IOWA
Suk made 6 prior attempts to obtain a no collateral loan, 2 of which were with Florence Building and Loan Association Incorporated, a lender in Ames, Iowa known to specialize in no collateral loans specifically. Prior to finding VISIONBANK OF IOWA, Suk was desperate due to their inexperience and terrible credit rating.
Suk has a disappointing current yearly income, but has several of prospects
Suk has always wanted to be a geological technician, but would have to attend University of PA Health System again to become one. Suk has other possibilities as well, including athletes’ business manager, compliance officer, and recreational vehicle mechanic, which pay $59,000 through to $96,000 per year, on average. Because of this, we believe that Suk can afford this no collateral loan of $34000.
Before applying for this no collateral loan, Suk had an Experian score of 404, which is terrible, so VISIONBANK OF IOWA likely cannot provide Suk a no collateral loan
When Suk was 19, they attempted to obtain a student loan from 5 different lenders, which harmed their credit score. Below is a list of Suk’s prior attempts at finding a student loan:
- Attempt 1) Loan for $34,000.00 on May 6, 2010
- Attempt 2) Loan for $20,000.00 on February 19, 2013
- Attempt 3) Loan for $21,000.00 on February 11, 2012
- Attempt 4) Loan for $22,000.00 on June 6, 2012
- Attempt 5) Loan for $32,000.00 on January 27, 2009
Previous requests on Suk’s credit
| Principle in USD | Term Length in Years | Annual Percentage Rate | Monthly Payment | Lender’s Branch Name | Date of Request |
|---|---|---|---|---|---|
| $19170.00 | 7 | 8.7% | $305.52 | Mills County Bank National Association | March 12, 2009 |
| $19340.00 | 5 | 9.8% | $409.02 | Postville State Bank | February 23, 2011 |
| $18830.00 | 6 | 5.1% | $304.13 | Washington State Bank | May 31, 2011 |
| $19370.00 | 9 | 8.6% | $258.24 | Rippey Savings Bank | October 8, 2011 |
| $19250.00 | 10 | 11.2% | $267.35 | Iowa State Bank | March 18, 2012 |
Fast Loans for Suk in Ames, Iowa to prevent bankruptcy or harm from debt collectors.
Fast loans in Ames, Iowa aren’t actually that difficult to obtain, especially if you have some gumption like Suk. Suk was able to find a fast loan for $34000 from Pocahontas State Bank and Norwest Bank Atlantic, National Association, but declined both offers in favor of their no collateral loan from VISIONBANK OF IOWA. 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 installment loans. A big improvement if a borrower is in a time sensitive situation.
Paraphrased and Standardized Quote from Suk for this no collateral loan of $34000, provided by VISIONBANK OF IOWA
Hi, I am Suk and my hometown is Ames in Iowa. Story, county is where I grew up, and now I need a no collateral loan in Iowa for $34000 to avoid bankruptcy. It has been difficult, but VISIONBANK OF IOWA really came through for me with this loan for 9.0% interest APR and a term of 5 years. I will repay the loan over the 5 year term, including interest. A big thanks to VISIONBANK OF IOWA for trusting me and my terrible credit. It look me 6 years to build my credit to 392, and I won’t harm it any more. I am pleased with Find Texas Loans for helping me this far.
Installment loan for Suk, a graduate of University of PA Health System and a compliance officer working for over $67,000 per year
Suk, an alumnus at University of PA Health System and a compliance officer in Ames, Iowa wants a no collateral loan to purchase a car. Suk has instead chosen to get an installment loan for $21,000 and is at present seeking lenders like American State Bank to provide it.
Suk’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their compliance officer job and their future career as a geological technician
Contact Details for VISIONBANK OF IOWA, the provider of this no collateral loan
- VISIONBANK OF IOWA
- City: Ames
- State: Iowa
- Address: 104 Chestnut St
- County: Story
- Zip code: 50010
Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $27,000.00 to $48,000.00. They are normally used to pay off existing high interest loans like credit cards. Suk required a debt consolidation loan to pay for their existing no collateral loan and their credit card. Suk was able to find a no collateral loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which converts your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates as low as 2.6%.
- Full name (Changed if requested): Suk Stumpf
- Current Credit: loans.hit.utils.Fico@4d76f3f8
- Current City: Ames
- State: Iowa
- Zip code: 50019
- Yearly income: $63,000
- Current Job: compliance officer
- Current County: Story
- Goal Yearly Income: $130,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $0
Personal Loan for a compliance officer named Suk in Ames, Iowa to Pay Off Wisdom Financial Services Rewards Visa
Suk had a lot of credit card debt on their BankFIRST Visa Signature Card and their Atlantic Stewardship Bank Credit Card, and they were starting to get in over their heads. Despite Suk’s job as a compliance officer, they struggled to make payments on the $28,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Conclusion of Suk’s no collateral loan
In the end, Suk was able to find a no collateral loan for $34000 with an interest rate of 11.0% interest APR from VISIONBANK OF IOWA in Ames, Iowa repayable over 5 years from now.
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