$144000 Mortgage – St. Paul Minnesota, Credit Score Of 409
- Experian: 421 – This individual had a bad Experian score
- Transunion: 391 – Catheryn had a bad credit score with Transunion.
- Equifax: Catheryn’s Experian score was 409, which is a bad credit score with the Experian system.
Previous requests on Catheryn’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$135330.00||7||10.5%||$2281.75||Marquette Bank Cannon Falls||April 12, 2012|
|$135460.00||8||8.6%||$1956.52||Root River State Bank||July 23, 2014|
|$135370.00||7||11.5%||$2353.61||Clinton State Bank||December 23, 2014|
|$135130.00||3||11.1%||$4430.38||Peoples State Bank of Plainview||February 13, 2015|
Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $28,000.00 to $46,000.00. They are mainly used to pay off existing high interest loans like credit cards. Catheryn needed a debt consolidation loan to pay for their existing mortgage and their credit card. Catheryn was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which changes your bad, catastrophically high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 2.0%.
7 Months in the Past, Catheryn Tried to Find a High Risk Loan for $34,000.00, and it was Easy
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 Catheryn. Catheryn chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit clients. Individuals with credit scores as low as 546 can inquire for a high risk loan and possibly can be approved.
Before applying for this mortgage, Catheryn had an Experian score of 421, which is bad, so The Highland Bank most likely cannot provide Catheryn a mortgage
Catheryn has a very low current total income, but has a large amount of prospects
Catheryn has always wanted to be a product planner, but would need attend Kaplan College – Hammond again to become one. Catheryn has other possibilities as well, including title examiner, child care worker, and computer applications engineer, which pay $59,000 through to $101,000 per year, on average. For this reason, we believe that Catheryn can pay for this mortgage of $144000.
When Catheryn was 21, they attempted to obtain a student loan from 7 different banks, which harmed their credit rating. Below is a list of Catheryn’s previous attempts at finding a student loan:
- Attempt 1) Loan for $26,000.00 on August 14, 2011
- Attempt 2) Loan for $34,000.00 on November 15, 2013
- Attempt 3) Loan for $27,000.00 on April 23, 2012
- Attempt 4) Loan for $22,000.00 on July 10, 2012
- Attempt 5) Loan for $26,000.00 on December 28, 2012
- Attempt 6) Loan for $20,000.00 on October 9, 2010
- Attempt 7) Loan for $35,000.00 on April 21, 2011
Signature Loan found in St. Paul, Minnesota for $144000 with bad credit by Catheryn
Most clients have difficulty with finding signature loans in St. Paul, Minnesota, and Catheryn is no different. Catheryn went to 8 lenders or more prior to settling on The Highland Bank, who offered Catheryn a signature loan for $144000. Typical signature loans simply need a client, like Catheryn’s signature to obtain them, up to $29,000 in some cases. Catheryn was able to get $144000 as a mortgage, which is very high for a mortgage. Since signature loans don’t need collateral, these loans generally require higher credit, as high as 739
Paraphrased and Standardized Quote from Catheryn for this mortgage of $144000, provided by The Highland Bank
Hello, I am Catheryn and my hometown is St. Paul in Minnesota. Ramsey, county is where I grew up, and now I need a mortgage in Minnesota for $144000 to pay bills. It has been difficult, but The Highland Bank really came through for me with this loan for 11.0% interest APR and a term of 14 years. I can probably repay the loan over the 14 year term, including interest. A big thanks to The Highland Bank for giving me a chance and my bad credit. It look me 6 years to create my credit to 409, and I won’t tarnish it any more. I am happy with Find Texas Loans for assisting me this far.
Fast Loans for Catheryn in St. Paul, Minnesota to prevent bankruptcy or broken legs from debt collectors.
Fast loans in St. Paul, Minnesota aren’t actually that difficult to obtain, especially if you have some finesse like Catheryn. Catheryn was able to find a fast loan for $144000 from Root River State Bank and Arlington State Bank, but declined both offers in favor of their mortgage from The Highland Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. A big improvement if a borrower is on the go.
Installment loan for Catheryn, a graduate of Kaplan College – Hammond and a vocational education teachers working for over $63,000 per year
Catheryn, an alumnus at Kaplan College – Hammond and a vocational education teachers in St. Paul, Minnesota wants a mortgage to purchase a car. Catheryn has instead chosen to obtain an installment loan for $19,000 and is at present seeking lenders like Peoples State Bank of Plainview to provide it.
Contact Details for The Highland Bank, the provider of this mortgage
- The Highland Bank
- City: St. Paul
- State: Minnesota
- Address: 2004 Ford Parkway
- County: Ramsey
- Zip code: 55116
- Full name (Changed if requested): Catheryn Kimberling
- Current Credit: loans.hit.utils.Fico@16b4a017
- Current City: St. Paul
- State: Minnesota
- Zip code: 55125
- Yearly income: $49,000
- Current Job: vocational education teachers
- Current County: Ramsey
- Goal Yearly Income: $121,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000
Catheryn’s Transunion score was changed by the mortgage loan, changing to 391 from 409, which is typical in our experience.
Multiple other requests for credit have been made by Catheryn in the past, including one from Community Trust Bank in St. Paul, Minnesota before Catheryn was accepted for the $144000 by The Highland Bank
Catheryn made 6 prior attempts to obtain a mortgage, 2 of which were with Community Trust Bank, a lender in St. Paul, Minnesota known to specialize in mortgages specifically. Prior to finding The Highland Bank, Catheryn was concerned due to their inexperience and bad credit rating.
Personal Loan for a vocational education teachers named Catheryn in St. Paul, Minnesota to Pay Off Elder-Beerman Credit Card
Catheryn had a lot of credit card debt on their University of Illinois Credit Card and their Malvern Federal Savings Bank Visa Business Bonus Rewards Card, and they were starting to get in over their heads. Despite Catheryn’s job as a vocational education teachers, they struggled to make payments on the $24,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Catheryn’s Overall FICO score at the time of acceptance for a mortgage, taking into account their vocational education teachers job and their future job as a product planner
Catheryn was not approved by Red Rock Bank 6 times prior to being approved by The Highland Bank at 2004 Ford Parkway
On July 20, 2009, Catheryn applied about borrowing $24,000 from Peoples State Bank of Plainview with Karrie, their friend from just outside St. Paul, and even with the co-signer, Catheryn was rejected for this mortgage. With bad credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Conclusion of Catheryn’s mortgage
In the end, Catheryn was able to find a mortgage for $144000 with an interest rate of 10.0% interest APR from The Highland Bank in St. Paul, Minnesota repayable over 14 years from today.