$148000 No Collateral Loan – Sioux Falls South Dakota, Credit Rating Of 311
- Experian: 326 – This individual had a terrible Experian score
- Transunion: 295 – Micaela had a terrible credit rating with Transunion.
- Equifax: Micaela’s Experian score was 311, which is a terrible credit rating using the Experian rating scheme.
Micaela’s Transunion score was changed by the no collateral loan loan, changing to 295 from 311, which is typical in our experience.
- Full name (Changed if requested): Micaela Trumbull
- Current Credit: loans.hit.utils.Fico@5b37e0d2
- Current City: Sioux Falls
- State: South Dakota
- Zip code: 57118
- Yearly income: $33,000
- Current Job: clinical psychologist
- Current County: Minnehaha
- Goal Yearly Income: $124,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Signature Loan acquired in Sioux Falls, South Dakota for $148000 with terrible credit by Micaela
Most borrowers have difficulty with obtaining signature loans in Sioux Falls, South Dakota, and Micaela is the same. Micaela went to 8 lenders or more before settling on First Bank of South Dakota (National Association), who offered Micaela a signature loan for $148000. Most signature loans simply need a client, like Micaela’s signature to obtain them, up to $31,000 in some cases. Micaela was able to get $148000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans don’t require a cosigner, they generally require improved credit, as high as 725
When Micaela was 18, they tried to obtain a student loan from 5 different lenders, which damaged their credit score. Below is a chronology of Micaela’s previous attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on May 4, 2009
- Attempt 2) Loan for $25,000.00 on October 24, 2009
- Attempt 3) Loan for $22,000.00 on January 26, 2009
- Attempt 4) Loan for $24,000.00 on May 8, 2010
- Attempt 5) Loan for $37,000.00 on December 15, 2008
Before applying for this no collateral loan, Micaela had an Experian score of 326, which is terrible, so First Bank of South Dakota (National Association) likely cannot provide Micaela a no collateral loan
Contact Details for First Bank of South Dakota (National Association), the provider of this no collateral loan
- First Bank of South Dakota (National Association)
- City: Sioux Falls
- State: South Dakota
- Address: 141 North Main Avenue
- County: Minnehaha
- Zip code: 57117
Debt Consolidation Can Help Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $24,000.00 to $51,000.00. They are typically used to pay off existing high interest loans like credit cards. Micaela needed a debt consolidation loan to pay for their existing no collateral loan and their credit card. Micaela was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.3%.
Previous requests on Micaela’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$142430.00||9||9.3%||$1951.64||The Peoples Bank||June 2, 2011|
|$142210.00||9||9.5%||$1963.83||First State Bank of Claremont||January 27, 2013|
|$142270.00||11||5.6%||$1446.07||Security State Bank||November 30, 2014|
|$142390.00||3||6.2%||$4344.69||First Western Bank||July 16, 2015|
|$141550.00||7||6.2%||$2081.44||Western Dakota Bank||July 20, 2015|
Micaela was rejected by Security Bank 5 times prior to being approved by First Bank of South Dakota (National Association) at 141 North Main Avenue
On March 10, 2009, Micaela applied about borrowing $16,000 from Farmers State Bank with Elke, their friend from just outside Sioux Falls, and even with the co-signer, Micaela was rejected for this no collateral loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Installment loan for Micaela, a graduate of Regency Beauty Institute and a clinical psychologist working for over $70,000 per year
Micaela, an alumnus at Regency Beauty Institute and a clinical psychologist in Sioux Falls, South Dakota needs a no collateral loan to purchase a new cell phone. Micaela has instead decided to get an installment loan for $16,000 and is currently seeking lenders like State Bank of Alcester to provide it.
Personal Loan for a clinical psychologist named Micaela in Sioux Falls, South Dakota to Pay Off Steuben Trust Visa Business Bonus Rewards PLUS Card
Micaela had a tonne of credit card debt on their Bank of Louisiana Credit Cards and their PNC Bank Cash Rewards Visa Signature Business Card, and they were starting to get in over their heads. Despite Micaela’s job as a clinical psychologist, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Micaela’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their clinical psychologist job and their future career as a painters
Micaela has a disappointing current yearly income, but has several of prospects
Micaela has always wanted to be a painters, but would have to attend Regency Beauty Institute again to become one. Micaela has other possibilities as well, including controller, sanitary engineer, and soil engineer, which pay $52,000 through to $100,000 per year, at least. Because of this, we think that Micaela can afford this no collateral loan of $148000.
Multiple past requests for credit have been made by Micaela in the past, including one from Old Kent Bank of Norton Shores, National Association in Sioux Falls, South Dakota before Micaela was approved for the $148000 by First Bank of South Dakota (National Association)
Micaela made 5 previous attempts to obtain a no collateral loan, 2 of which were with Old Kent Bank of Norton Shores, National Association, a bank in Sioux Falls, South Dakota known to specialize in no collateral loans specifically. Prior to finding First Bank of South Dakota (National Association), Micaela was very concerned due to their inexperience and terrible credit score.
Paraphrased and Standardized Quote from Micaela for this no collateral loan of $148000, provided by First Bank of South Dakota (National Association)
Hi, I am Micaela and I’m from Sioux Falls in South Dakota. Minnehaha, county is where I grew up, and now I need a no collateral loan in South Dakota for $148000 to buy a car. It has been difficult, but First Bank of South Dakota (National Association) really came through for me with this loan for 8.2% interest APR and a term of 16 years. I will repay the loan over the 16 year term, including interest. A big thanks to First Bank of South Dakota (National Association) for trusting me and my terrible credit. It look me 8 years to create my credit to 311, and I won’t tarnish it any future. I am happy with Find Texas Loans for helping me this far.
7 Months Ago, Micaela Attempted to Find a High Risk Loan for $29,000.00, and it was Easy
It is an well known 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 similar lenders, which can be scary to borrowers like Micaela. Micaela chose not to get a high risk loan this time. High Risk loans are given to bad credit borrowers. Clients with credit ratings as low as 352 can inquire for a high risk loan and possibly can be approved.
Fast Loans for Micaela in Sioux Falls, South Dakota to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Sioux Falls, South Dakota aren’t actually that difficult to obtain, particularly if you have some finesse like Micaela. Micaela was able to find a fast loan for $148000 from First State Bank and Dakota Prairie Bank, but declined both offers in favor of their no collateral loan from First Bank of South Dakota (National Association). 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 installment loans. An improvement in the case that you are in a time sensitive situation.
Conclusion of Micaela’s no collateral loan
In the end, Micaela was able to find a no collateral loan for $148000 with an interest rate of 11.1% interest APR from First Bank of South Dakota (National Association) in Sioux Falls, South Dakota repayable over 16 years from now.