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7 Month Signature Loan For Dennis In Vermont Illinois

$68000 Signature Loan – Vermont Illinois, Credit Rating Of 408

  • Experian: 421 – They had a bad Experian rating
  • Transunion: 391 – Dennis had a bad credit score with Transunion.
  • Equifax: Dennis’s Experian score was 408, which is a bad credit score with the Experian rating scheme.

Previous requests on Dennis’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$54650.00 10 8.4% $674.66 The Gerber State Bank April 26, 2012
$55340.00 6 9.5% $1011.32 The Belvidere National Bank and Trust Company August 7, 2014
$54620.00 7 7.4% $835.08 Commerce Bank June 17, 2015
$55290.00 5 11.8% $1224.31 Byron Bank June 25, 2015
$54510.00 7 10.1% $907.75 Amalgamated Bank of Chicago June 27, 2015

Installment loan for Dennis, a graduate of Valley College – Martinsburg and a college/university professor working for over $79,000 per year

Dennis, an alumnus at Valley College – Martinsburg and a college/university professor in Vermont, Illinois wants a signature loan to purchase a new cell phone. Dennis has instead decided to obtain an installment loan for $17,000 and is at present seeking lenders like Community Banks of Shelby County to provide it.

Signature Loan easily acquired in Vermont, Illinois for $68000 with bad credit by Dennis

Most prospective borrowers struggle with obtaining signature loans in Vermont, Illinois, and Dennis is the same. Dennis went to 7 lending institutions or more before settling on Vermont State Bank, who offered Dennis a signature loan for $68000. Typical signature loans simply require a client, like Dennis’s signature to obtain them, up to $25,000 in some cases. Dennis was able to get $68000 as a signature loan, which is very high for a signature loan. Since signature loans do not require collateral, these loans tend to need higher credit, as high as 776

Dennis has a low current gross income, but has a large amount of prospects

Dennis has always wanted to be an employee training instructor, but would need attend Valley College – Martinsburg again to become one. Dennis has other prospects as well, including sales representative, computer programmer, and aerospace engineering technician, which pay $59,000 through to $105,000 per year, at least. For this reason, we believe that Dennis can afford this signature loan of $68000.

Personal Loan for a college/university professor named Dennis in Vermont, Illinois to Pay Off Harley-Davidson Visa Signature Card

Dennis had a tonne of credit card debt on their Union State Bank Credit Cards and their Harley-Davidson Visa Signature Credit Card, and they were starting to get in over their heads. Despite Dennis’s job as a college/university professor, they struggled to make payments on the $23,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Fast Loans for Dennis in Vermont, Illinois to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Vermont, Illinois aren’t actually that difficult to obtain, particularly if you have some gumption like Dennis. Dennis was able to find a fast loan for $68000 from Citizens State Bank of Milford and NBD Bank Evanston, National Association, but declined both offers in favor of their signature loan from Vermont State Bank. The difference with a fast loan over a personal loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. A big improvement in the case that you are in a time sensitive situation.

Client Profile: Dennis Wehrley of Vermont, Illinois
  • Full name (Changed if requested): Dennis Wehrley
  • Current Credit: loans.hit.utils.Fico@37f8bb67
  • Current City: Vermont
  • State: Illinois
  • Zip code: 61489
  • Yearly income: $55,000
  • Current Job: college/university professor
  • Current County: Fulton
  • Goal Yearly Income: $84,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Dennis’s Transunion score was changed by the signature loan loan, changing to 391 from 408, which is typical in our experience.

Transunion Score: 391

When Dennis was 18, they tried to obtain a student loan from 4 different lenders, which harmed their credit score. Below is a list of Dennis’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $23,000.00 on March 7, 2009
  • Attempt 2) Loan for $21,000.00 on September 25, 2011
  • Attempt 3) Loan for $38,000.00 on July 16, 2012
  • Attempt 4) Loan for $22,000.00 on February 25, 2011

Dennis was declined by Harris Trust and Savings Bank 4 times before being granted funding by Vermont State Bank at 106 North Main Street

On February 7, 2011, Dennis inquired about borrowing $4,000 from NBD Bank Evanston, National Association with Silvia, their friend from just outside Vermont, and even with the co-signer, Dennis was rejected for this signature loan. With bad credit, it can be challenging to procure financing, even with collateral and a co-signer.

Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Normal debt consolidation loans range from $37,000.00 to $49,000.00. They are normally used to pay off existing high interest loans like credit cards. Dennis needed a debt consolidation loan to pay for their existing signature loan and their payday loan. Dennis was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which changes your bad, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates as low as 2.6%.

Paraphrased and Standardized Quote from Dennis for this signature loan of $68000, provided by Vermont State Bank

Hi, I am Dennis and I am from Vermont in Illinois. Fulton, county is where I grew up, and now I need a signature loan in Illinois for $68000 to buy a car. It wasn’t easy, but Vermont State Bank really came through for me with this loan for 10.5% interest APR and a term of 11 years. I can repay the loan over the 11 year term, including interest. A big thanks to Vermont State Bank for giving me a chance and my bad credit. It look me 8 years to build my credit to 408, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.

Multiple other requests for credit have been made by Dennis in the past, including one from The Gwinn State Savings Bank in Vermont, Illinois before Dennis was accepted for the $68000 by Vermont State Bank

Dennis made 8 prior attempts to obtain a signature loan, 2 of which were with The Gwinn State Savings Bank, a lending institution in Vermont, Illinois known to specialize in signature loans specifically. Before finding Vermont State Bank, Dennis was concerned due to their inexperience and bad credit rating.

Before applying for this signature loan, Dennis had an Experian score of 421, which is bad, so Vermont State Bank probably cannot provide Dennis a signature loan

Experian Score: 421

Contact Details for Vermont State Bank, the provider of this signature loan

  • Vermont State Bank
  • City: Vermont
  • State: Illinois
  • Address: 106 North Main Street
  • County: Fulton
  • Zip code: 61484

7 Months Ago, Dennis Attempted Finding a High Risk Loan for $35,000.00, but They Didn’t Find What They were Expecting

There is an well known 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 Dennis. Dennis chose not to get a high risk loan this time. High Risk loans are given to terrible credit applicants. Borrowers with credit scores as low as 505 can apply for a high risk loan and have a chance to be accepted.

Dennis’s Overall FICO score at the time of acceptance for a signature loan, taking into account their college/university professor job and their future job as an employee training instructor

Fico Score: 408

Conclusion of Dennis’s signature loan

In the end, Dennis was able to find a signature loan for $68000 with an interest rate of 11.5% interest APR from Vermont State Bank in Vermont, Illinois repayable over 11 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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Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.