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1 Month No Collateral Loan For Dana In Springfield Missouri

$192000 No Collateral Loan – Springfield Missouri, Credit Rating Of 578

  • Experian: 588 – This individual had a fair Experian score
  • Transunion: 566 – Dana had a fair credit rating with Transunion.
  • Equifax: Dana’s Experian score was 578, which is a fair credit score using the Experian rating scheme.

Dana has a sad current gross income, but has a high number of prospects

Dana has always wanted to be a personnel recruiter, but would need attend Our Lady of Holy Cross College again to become one. Dana has other prospects as well, including animation cartoonist, photo-optics technician, and marine engineer, which pay $55,000 through to $92,000 per year, at least. Because of this, we believe that Dana can pay for this no collateral loan of $192000.

Previous requests on Dana’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$76190.00 4 10.4% $1947.04 Camden County Bank April 22, 2012
$76430.00 9 8.8% $1027.0 Glasgow Savings Bank October 16, 2013
$75690.00 7 8.3% $1191.07 Central Bank December 18, 2014
$75550.00 5 6.6% $1481.76 Midwest BankCentre June 8, 2015

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Normal debt consolidation loans vary from $27,000.00 to $42,000.00. They are normally used to pay off existing high interest loans like credit cards. Dana needed a debt consolidation loan to pay for their existing no collateral loan and their payday loan. Dana was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which transfers your less desirable, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.5%.

Dana’s Transunion score was altered by the no collateral loan loan, changing to 566 from 578, which is normal in our experience.

Transunion Score: 566

Fast Loans for Dana in Springfield, Missouri to prevent bankruptcy or harm from debt collectors.

Fast loans in Springfield, Missouri aren’t actually that difficult to obtain, especially if you have some finesse like Dana. Dana was able to find a fast loan for $192000 from Midwest BankCentre and Camden County Bank, but turned down both offers in favor of their no collateral loan from Guaranty Bank. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference if you are on the go.

Installment loan for Dana, a graduate of Our Lady of Holy Cross College and a home economics teacher working for over $61,000 per year

Dana, an alumnus at Our Lady of Holy Cross College and a home economics teacher in Springfield, Missouri needs a no collateral loan to purchase something frivolous. Dana has instead decided to obtain an installment loan for $2,000 and is at present seeking lenders like Commerce Bank of Tower Grove to provide it.

Contact Details for Guaranty Bank, the provider of this no collateral loan

  • Guaranty Bank
  • City: Springfield
  • State: Missouri
  • Address: 1341 West Battlefield
  • County: Greene
  • Zip code: 65807

Multiple past requests for credit have been made by Dana in the past, including one from Webster County National Bank in Springfield, Missouri before Dana was approved for the $192000 by Guaranty Bank

Dana made 4 previous attempts to obtain a no collateral loan, 2 of which were with Webster County National Bank, a lender in Springfield, Missouri known to specialize in no collateral loans specifically. Before finding Guaranty Bank, Dana was very concerned due to their inexperience and fair credit rating.

9 Months in the Past, Dana Attempted to Find a High Risk Loan for $39,000.00, but They Didn’t Find What They were Expecting

There is an ongoing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Dana. Dana chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit borrowers. Clients with credit ratings as low as 396 can apply for a high risk loan and have a chance to be approved.

Signature Loan acquired in Springfield, Missouri for $192000 with fair credit by Dana

Many borrowers have difficulty with obtaining signature loans in Springfield, Missouri, and Dana is no different. Dana went to 8 lending institutions or more prior to settling on Guaranty Bank, who offered Dana a signature loan for $192000. Most signature loans simply require a client, like Dana’s signature to get them, up to $35,000 in some cases. Dana was able to get $192000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans don’t require a cosigner, they generally need better credit, as high as 783

When Dana was 23, they tried to obtain a student loan from 5 different lenders, which harmed their credit rating. Below is a list of Dana’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $20,000.00 on October 31, 2009
  • Attempt 2) Loan for $24,000.00 on January 30, 2010
  • Attempt 3) Loan for $20,000.00 on June 12, 2013
  • Attempt 4) Loan for $38,000.00 on August 16, 2011
  • Attempt 5) Loan for $39,000.00 on April 28, 2012

Paraphrased and Standardized Quote from Dana for this no collateral loan of $192000, provided by Guaranty Bank

Hi, I am Dana and my hometown is Springfield in Missouri. Greene, county is where I grew up, and now I need a no collateral loan in Missouri for $192000 to pay bills. It wasn’t easy, but Guaranty Bank really came through for me with this loan for 11.4% interest APR and a term of 15 years. I can probably repay the loan over the 15 year term, including interest. A big thanks to Guaranty Bank for giving me a chance and my fair credit. It look me 6 years to create my credit to 578, and I won’t harm it any more. I’m pleased with Find Texas Loans for assisting me this far.

Dana was not approved by Commerce Bank of Richmond Heights 6 times before being accepted by Guaranty Bank at 1341 West Battlefield

On November 18, 2009, Dana inquired about borrowing $31,000 from Lindell Bank & Trust Company with Bernie, their in law from just outside Springfield, and even with the co-signer, Dana was rejected for this no collateral loan. With fair credit, it can be difficult to obtain financing, even with collateral and a co-signer.

Before applying for this no collateral loan, Dana had an Experian score of 588, which is fair, so Guaranty Bank most likely cannot provide Dana a no collateral loan

Experian Score: 588

Client Profile: Dana Pegoda of Springfield, Missouri
  • Full name (Changed if requested): Dana Pegoda
  • Current Credit: loans.hit.utils.Fico@7591083d
  • Current City: Springfield
  • State: Missouri
  • Zip code: 65810
  • Yearly income: $63,000
  • Current Job: home economics teacher
  • Current County: Greene
  • Goal Yearly Income: $125,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000

Dana’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their home economics teacher job and their future job as a personnel recruiter

Fico Score: 578

Personal Loan for a home economics teacher named Dana in Springfield, Missouri to Pay Off Grossman’s Bargain Outlet Credit Card

Dana had a tonne of credit card debt on their Merrill Lynch Signature Rewards and their RBC Esso Visa Card, and they were starting to get in over their heads. Despite Dana’s job as a home economics teacher, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Conclusion of Dana’s no collateral loan

In the end, Dana was able to find a no collateral loan for $192000 with an interest rate of 8.7% interest APR from Guaranty Bank in Springfield, Missouri repayable over 15 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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