$48000 No Collateral Loan – Cawker City Kansas, Credit Rating Of 723
- Experian: 735 – This client had an excellent Experian rating
- Transunion: 704 – Li had an excellent credit rating with Transunion.
- Equifax: Li’s Experian score was 723, which is an excellent credit rating on the Experian scale.
Before applying for this no collateral loan, Li had an Experian score of 735, which is excellent, so The Farmers & Merchants State Bank of Cawker City probably cannot provide Li a no collateral loan
Li’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their restaurant manager job and their future job as a computer science professor
- Full name (Changed if requested): Li Keelin
- Current Credit: loans.hit.utils.Fico@6504e3b2
- Current City: Cawker City
- State: Kansas
- Zip code: 67434
- Yearly income: $62,000
- Current Job: restaurant manager
- Current County: Mitchell
- Goal Yearly Income: $91,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Fast Loans for Li in Cawker City, Kansas to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Cawker City, Kansas aren’t actually that difficult to obtain, especially if you have some gumption like Li. Li was able to find a fast loan for $48000 from Heartland Bank and The Victory State Bank, but turned down both offers in favor of their no collateral loan from The Farmers & Merchants State Bank of Cawker City. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. A big improvement in the case that a borrower is on the go.
Previous requests on Li’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$126530.00||3||10.3%||$4100.61||Citizens Bank and Trust Company||February 12, 2009|
|$126830.00||10||10.5%||$1711.38||The Morrill and Janes Bank and Trust Company||March 20, 2009|
|$126660.00||9||11.4%||$1880.63||The Citizens State Bank, Liberal, Kansas||June 11, 2012|
|$126750.00||4||8.4%||$3118.19||Citizens State Bank||December 12, 2012|
6 Months in the Past, Li Tried Finding a High Risk Loan for $38,000.00, and it was Easy
It is an well known struggle for borrowers to find high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be frightening to borrowers like Li. Li chose not to get a high risk loan this time. High Risk loans are given to terrible credit individuals. Individuals with credit ratings as low as 349 can apply for a high risk loan and have a chance to be approved.
Personal Loan for a restaurant manager named Li in Cawker City, Kansas to Pay Off Woman Within Platinum Card
Li had a tonne of credit card debt on their Associated Bank Visa Platinum Card and their The Red Devils Visa Platinum Rewards Card, and they were starting to get in over their heads. Despite Li’s job as a restaurant manager, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Debt Consolidation Will Assist Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans vary from $30,000.00 to $54,000.00. They are typically used to pay off existing high interest loans like credit cards. Li required a debt consolidation loan to pay for their existing no collateral loan and their credit card. Li 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 transfers your less desirable, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 3.2%.
When Li was 22, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a chronology of Li’s prior attempts at finding a student loan:
- Attempt 1) Loan for $20,000.00 on March 4, 2009
- Attempt 2) Loan for $30,000.00 on December 23, 2012
- Attempt 3) Loan for $30,000.00 on November 27, 2012
- Attempt 4) Loan for $25,000.00 on September 19, 2011
- Attempt 5) Loan for $31,000.00 on December 18, 2009
- Attempt 6) Loan for $20,000.00 on December 30, 2010
Paraphrased and Standardized Quote from Li for this no collateral loan of $48000, provided by The Farmers & Merchants State Bank of Cawker City
Hello, I am Li and I’m from Cawker City in Kansas. Mitchell, county is where I grew up, and now I need a no collateral loan in Kansas for $48000 to buy a big ticket item. It wasn’t easy, but The Farmers & Merchants State Bank of Cawker City really came through for me with this loan for 10.5% interest APR and a term of 22 years. I can repay the loan over the 22 year term, including interest. A big thanks to The Farmers & Merchants State Bank of Cawker City for trusting me and my excellent credit. It look me 7 years to create my credit to 723, and I won’t harm it any more. I am happy with Find Texas Loans for assisting me this far.
Multiple other requests for credit have been made by Li in the past, including one from Boatmen’s Bank of Excelsior Springs in Cawker City, Kansas before Li was approved for the $48000 by The Farmers & Merchants State Bank of Cawker City
Li made 8 previous tries to obtain a no collateral loan, 2 of which were with Boatmen’s Bank of Excelsior Springs, a lender in Cawker City, Kansas known to specialize in no collateral loans specifically. Before finding The Farmers & Merchants State Bank of Cawker City, Li was concerned due to their inexperience and excellent credit rating.
Li’s Transunion score was changed by the no collateral loan loan, changing to 704 from 723, which is typical in our experience.
Contact Details for The Farmers & Merchants State Bank of Cawker City, the provider of this no collateral loan
- The Farmers & Merchants State Bank of Cawker City
- City: Cawker City
- State: Kansas
- Address: 719 Wisconsin St
- County: Mitchell
- Zip code: 67430
Signature Loan easily acquired in Cawker City, Kansas for $48000 with excellent credit by Li
A lot of prospective borrowers struggle with finding signature loans in Cawker City, Kansas, and Li is the same. Li went to 7 lenders or more prior to finding The Farmers & Merchants State Bank of Cawker City, who offered Li a signature loan for $48000. Most signature loans simply require a client, like Li’s signature to get them, up to $33,000 in some cases. Li was able to get $48000 as a no collateral loan, which is very high for a no collateral loan. Since signature loans do not require collateral, they generally require higher credit, as high as 778
Li was declined by The Sedan State Bank, Sedan, Kansas 5 times prior to being accepted by The Farmers & Merchants State Bank of Cawker City at 719 Wisconsin St
On June 24, 2011, Li inquired about borrowing $33,000 from Pinnacle Bank, National Association with Arletha, their in law from just outside Cawker City, and even with the co-signer, Li was rejected for this no collateral loan. With excellent credit, it can be very hard to obtain funding, even with collateral and a co-signer.
Installment loan for Li, a graduate of Mineral Area College and a restaurant manager working for over $71,000 per year
Li, an alumnus at Mineral Area College and a restaurant manager in Cawker City, Kansas wants a no collateral loan to purchase a house. Li has instead chosen to get an installment loan for $3,000 and is at present seeking lenders like The Fidelity State Bank to provide it.
Li has a very low current yearly income, but has a large amount of prospects
Li has always wanted to be a computer science professor, but would need attend Mineral Area College again to become one. Li has other prospects as well, including able seamen, atmospheric and space scientist, and painters, which pay $53,000 through to $106,000 per year, at least. Because of this, we believe that Li can afford this no collateral loan of $48000.
Conclusion of Li’s no collateral loan
In the end, Li was able to find a no collateral loan for $48000 with an interest rate of 8.1% interest APR from The Farmers & Merchants State Bank of Cawker City in Cawker City, Kansas repayable over 22 years from today.