$58000 Private Loan – Charles City Iowa, Credit Score Of 362
- Experian: 379 – The client had a terrible Experian rating
- Transunion: 344 – Ismael had a terrible credit score with Transunion.
- Equifax: Ismael’s Experian score was 362, which is a terrible credit score on the Experian system.
Paraphrased and Standardized Quote from Ismael for this private loan of $58000, provided by Charles City Savings and Loan Association
Hello, I am Ismael and I am from Charles City in Iowa. Floyd, county is where I grew up, and now I need a private loan in Iowa for $58000 to avoid bankruptcy. It has been difficult, but Charles City Savings and Loan Association really came through for me with this loan for 7.6% interest APR and a term of 23 years. I will repay the loan over the 23 year term, including interest. A big thanks to Charles City Savings and Loan Association for giving me a chance and my terrible credit. It look me 4 years to build my credit to 362, and I won’t tarnish it any more. I’m happy with Find Texas Loans for assisting me this far.
Ismael’s Transunion score was changed by the private loan loan, changing to 344 from 362, which is typical in our experience.
Personal Loan for a child support investigator named Ismael in Charles City, Iowa to Pay Off Southeastern Greyhound Adoption Visa Card
Ismael had a tonne of credit card debt on their Choice Privileges Visa Signature Card and their MCU Visa Gold, and they were starting to get in over their heads. Despite Ismael’s job as a child support investigator, they struggled to make payments on the $21,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Previous requests on Ismael’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$133180.00||6||6.7%||$2251.45||Mills County Bank National Association||January 13, 2012|
|$133450.00||11||10.3%||$1693.51||Postville State Bank||September 15, 2013|
|$132870.00||4||9.6%||$3344.46||Washington State Bank||July 6, 2014|
|$132690.00||3||10.8%||$4331.54||Rippey Savings Bank||September 9, 2014|
- Full name (Changed if requested): Ismael Thalheimer
- Current Credit: loans.hit.utils.Fico@76ccd017
- Current City: Charles City
- State: Iowa
- Zip code: 50623
- Yearly income: $60,000
- Current Job: child support investigator
- Current County: Floyd
- Goal Yearly Income: $129,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Ismael’s Overall FICO score at the time of acceptance for a private loan, taking into account their child support investigator job and their future job as a professional sports scout
Ismael has a disappointing current gross income, but has several of prospects
Ismael has always wanted to be a professional sports scout, but would have to attend Cole Holland College again to achieve it. Ismael has other possibilities as well, including purchasing manager, computer applications engineer, and ophthalmic laboratory technician, which pay $51,000 through to $103,000 per year, on average. Because of this, we believe that Ismael can afford this private loan of $58000.
Before applying for this private loan, Ismael had an Experian score of 379, which is terrible, so Charles City Savings and Loan Association likely cannot provide Ismael a private loan
Contact Details for Charles City Savings and Loan Association, the provider of this private loan
- Charles City Savings and Loan Association
- City: Charles City
- State: Iowa
- Address: 400 North Main Street
- County: Floyd
- Zip code: 50616
Several other requests for credit have been made by Ismael in the past, including one from The Gravois Home Savings and Loan Association in Charles City, Iowa before Ismael was accepted for the $58000 by Charles City Savings and Loan Association
Ismael made 6 previous tries to obtain a private loan, 2 of which were with The Gravois Home Savings and Loan Association, a bank in Charles City, Iowa known to specialize in private loans specifically. Before finding Charles City Savings and Loan Association, Ismael was desperate due to their inexperience and terrible credit rating.
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $28,000.00 to $57,000.00. They are typically used to pay off existing high interest loans like credit cards. Ismael needed a debt consolidation loan to pay for their existing private loan and their credit card. Ismael was able to find a private loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which transfers your dirty, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 3.4%.
Fast Loans for Ismael in Charles City, Iowa to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Charles City, Iowa aren’t actually that difficult to obtain, especially if you have some gumption like Ismael. Ismael was able to find a fast loan for $58000 from Brenton State Bank of Jefferson and Guthrie County State Bank, but turned down both offers in favor of their private loan from Charles City Savings and Loan Association. The improvement with a fast loan over a personal loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for installment loans. An improvement if a client is in a pinch.
Installment loan for Ismael, a graduate of Cole Holland College and a child support investigator working for over $67,000 per year
Ismael, an alumnus at Cole Holland College and a child support investigator in Charles City, Iowa wants a private loan to purchase a new cell phone. Ismael has instead decided to obtain an installment loan for $9,000 and is at present seeking lenders like Community State Bank to process their request.
When Ismael was 19, they attempted to obtain a student loan from 5 alternate lenders, which harmed their credit rating. Below is a list of Ismael’s previous attempts at finding a student loan:
- Attempt 1) Loan for $30,000.00 on July 9, 2013
- Attempt 2) Loan for $24,000.00 on November 18, 2012
- Attempt 3) Loan for $20,000.00 on November 22, 2012
- Attempt 4) Loan for $36,000.00 on February 12, 2013
- Attempt 5) Loan for $36,000.00 on September 26, 2009
7 Months in the Past, Ismael Attempted Finding a High Risk Loan for $40,000.00, and it was Hard
It is an ongoing struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be scary to borrowers like Ismael. Ismael decided not to get a high risk loan this time. High Risk loans are given to very low credit borrowers. Borrowers with credit scores as low as 458 can inquire for a high risk loan and have a chance to be approved.
Signature Loan easily acquired in Charles City, Iowa for $58000 with terrible credit by Ismael
A lot of clients have difficulty with finding signature loans in Charles City, Iowa, and Ismael is the same. Ismael went to 8 lenders or more before finding Charles City Savings and Loan Association, who offered Ismael a signature loan for $58000. Typical signature loans simply need a client, like Ismael’s signature to obtain them, up to $20,000 in some cases. Ismael was able to get $58000 as a private loan, which is very high for a private loan. Because signature loans don’t require a cosigner, these loans generally need higher credit, as high as 765
Ismael was not approved by Raccoon Valley State Bank 5 times prior to being granted funding by Charles City Savings and Loan Association at 400 North Main Street
On August 12, 2011, Ismael applied about borrowing $27,000 from Community State Bank with Candi, their friend from just outside Charles City, and even with the co-signer, Ismael was rejected for this private loan. With terrible credit, it can be difficult to procure financing, even with collateral and a co-signer.
Conclusion of Ismael’s private loan
In the end, Ismael was able to find a private loan for $58000 with an interest rate of 11.4% interest APR from Charles City Savings and Loan Association in Charles City, Iowa repayable over 23 years from today.