$56000 Fast Loan – Mason Michigan, Credit Rating Of 533
- Experian: 550 – The client had a fair Experian rating
- Transunion: 517 – Lauran had a fair credit rating with Transunion.
- Equifax: Lauran’s Experian score was 533, which is a fair credit score using the Experian system.
Fast Loans for Lauran in Mason, Michigan to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Mason, Michigan aren’t actually that difficult to obtain, particularly if you have some gumption like Lauran. Lauran was able to find a fast loan for $56000 from NBD Genesee Bank and NBD Grand Haven, but turned down both offers in favor of their fast loan from The Dart Bank. 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. Much better in the case that a client is in a time sensitive situation.
Previous requests on Lauran’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$10630.00||7||5.3%||$151.75||Society Bank, Lenawee||January 2, 2011|
|$10620.00||5||6.3%||$206.8||Bank of Lenawee||February 19, 2013|
|$11410.00||9||5.1%||$131.96||First of America Bank – Alpena||July 5, 2013|
|$10600.00||8||6.6%||$142.42||NBD Ann Arbor, National Association||January 21, 2015|
|$10670.00||8||11.5%||$170.5||First of America Bank – Mid Michigan, National Association||May 28, 2015|
Before applying for this fast loan, Lauran had an Experian score of 550, which is fair, so The Dart Bank likely cannot provide Lauran a fast loan
Lauran’s Overall FICO score at the time of acceptance for a fast loan, taking into account their glass blower job and their future job as an ornamental-metalwork designer
- Full name (Changed if requested): Lauran Ouchi
- Current Credit: loans.hit.utils.Fico@6ae40994
- Current City: Mason
- State: Michigan
- Zip code: 48857
- Yearly income: $59,000
- Current Job: glass blower
- Current County: Ingham
- Goal Yearly Income: $144,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Installment loan for Lauran, a graduate of Indiana Institute of Technology and a glass blower working for over $65,000 per year
Lauran, an alumnus at Indiana Institute of Technology and a glass blower in Mason, Michigan wants a fast loan to purchase a car. Lauran has instead decided to get an installment loan for $16,000 and is at present seeking lenders like Union Savings Bank of Manchester to process their request.
Personal Loan for a glass blower named Lauran in Mason, Michigan to Pay Off The Lincoln Highway Association Visa Card
Lauran had a tonne of credit card debt on their Ace Rewards Visa Business Card and their Peebles Credit Card, and they were starting to get in over their heads. Despite Lauran’s job as a glass blower, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Lauran was 20, they attempted to obtain a student loan from 7 different lenders, which harmed their credit score. Below is a list of Lauran’s prior attempts at finding a student loan:
- Attempt 1) Loan for $22,000.00 on March 6, 2011
- Attempt 2) Loan for $34,000.00 on April 3, 2009
- Attempt 3) Loan for $33,000.00 on April 20, 2009
- Attempt 4) Loan for $22,000.00 on April 27, 2010
- Attempt 5) Loan for $33,000.00 on December 14, 2008
- Attempt 6) Loan for $33,000.00 on June 16, 2011
- Attempt 7) Loan for $39,000.00 on February 24, 2013
Lauran was rejected by Citizens Bank 6 times prior to being granted funding by The Dart Bank at 368 South Park Street
On February 21, 2009, Lauran applied about borrowing $19,000 from Chemical Bank with Ruth, their in law from just outside Mason, and even with the co-signer, Lauran was rejected for this fast loan. With fair credit, it can be difficult to obtain funding, even with collateral and a co-signer.
Debt Consolidation Will Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $25,000.00 to $42,000.00. They are mainly used to pay off existing high interest loans like credit cards. Lauran required a debt consolidation loan to pay for their existing fast loan and their credit card. Lauran was able to find a fast loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which changes your bad, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates that are low, like 3.1%.
Lauran has a low current total income, but has a high number of prospects
Lauran has always wanted to be an ornamental-metalwork designer, but would have to attend Indiana Institute of Technology again to achieve it. Lauran has other possibilities as well, including lathe operator, fence installer, and door to door salesmen, which pay $57,000 through to $95,000 per year, on average. For this reason, we believe that Lauran can afford this fast loan of $56000.
Contact Details for The Dart Bank, the provider of this fast loan
- The Dart Bank
- City: Mason
- State: Michigan
- Address: 368 South Park Street
- County: Ingham
- Zip code: 48854
Signature Loan easily acquired in Mason, Michigan for $56000 with fair credit by Lauran
Most clients struggle with obtaining signature loans in Mason, Michigan, and Lauran is no different. Lauran went to 6 lending institutions or more prior to finding The Dart Bank, who offered Lauran a signature loan for $56000. Typical signature loans simply need a client, like Lauran’s signature to get them, up to $21,000 in some cases. Lauran was able to get $56000 as a fast loan, which is very high for a fast loan. Since signature loans don’t require collateral, these loans tend to require improved credit, as high as 745
Paraphrased and Standardized Quote from Lauran for this fast loan of $56000, provided by The Dart Bank
Hi, I am Lauran and my hometown is Mason in Michigan. Ingham, county is where I grew up, and now I need a fast loan in Michigan for $56000 to avoid bankruptcy. It wasn’t easy, but The Dart Bank really came through for me with this loan for 6.6% interest APR and a term of 18 years. I will repay the loan over the 18 year term, including interest. A big thanks to The Dart Bank for trusting me and my fair credit. It look me 5 years to build my credit to 533, and I won’t harm it any more. I’m happy with Find Texas Loans for helping me this far.
8 Months in the Past, Lauran Tried Finding a High Risk Loan for $31,000.00, but They Didn’t Find What They were Expecting
There is an ongoing struggle for borrowers to find 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 physically harmful to borrowers like Lauran. Lauran chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit clients. Borrowers with credit ratings as low as 519 can apply for a high risk loan and have a chance to be approved.
Lauran’s Transunion score was changed by the fast loan loan, changing to 517 from 533, which is normal in our experience.
Several past requests for credit have been made by Lauran in the past, including one from The Bank of Commerce in Mason, Michigan before Lauran was accepted for the $56000 by The Dart Bank
Lauran made 4 previous tries to obtain a fast loan, 2 of which were with The Bank of Commerce, a bank in Mason, Michigan known to specialize in fast loans specifically. Before finding The Dart Bank, Lauran was desperate due to their inexperience and fair credit score.
Conclusion of Lauran’s fast loan
In the end, Lauran was able to find a fast loan for $56000 with an interest rate of 10.0% interest APR from The Dart Bank in Mason, Michigan repayable over 18 years from now.