$87000 Secured Loan – Pella Iowa, Credit Rating Of 643
- Experian: 655 – This individual had a good Experian score
- Transunion: 626 – Alix had a good credit rating with Transunion.
- Equifax: Alix’s Experian score was 643, which is a good credit score using the Experian scale.
Previous requests on Alix’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$69700.00||8||6.7%||$939.9||Mills County Bank National Association||March 13, 2012|
|$69800.00||7||6.4%||$1033.11||Postville State Bank||July 8, 2012|
|$69540.00||8||10.4%||$1069.99||Washington State Bank||July 29, 2014|
|$70400.00||9||8.4%||$931.18||Rippey Savings Bank||January 7, 2015|
|$69840.00||8||8.8%||$1015.94||Iowa State Bank||March 30, 2015|
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans vary from $35,000.00 to $42,000.00. They are typically used to pay off existing high interest loans like credit cards. Alix needed a debt consolidation loan to pay for their existing secured loan and their payday loan. Alix was able to find a secured loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which converts your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 4.7%.
Alix has a very low current total income, but has several of prospects
Alix has always wanted to be an educational therapist, but would have to attend Hope International University again to become one. Alix has other possibilities as well, including book editor, college/university professor, and script editor, which pay $58,000 through to $98,000 per year, on average. Because of this, we think that Alix can afford this secured loan of $87000.
Alix’s Overall FICO score at the time of acceptance for a secured loan, taking into account their catering administrator job and their future career as an educational therapist
Alix’s Transunion score was altered by the secured loan loan, changing to 626 from 643, which is normal in our experience.
When Alix was 23, they attempted to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a chronology of Alix’s prior attempts at finding a student loan:
- Attempt 1) Loan for $28,000.00 on October 30, 2010
- Attempt 2) Loan for $23,000.00 on November 18, 2008
- Attempt 3) Loan for $39,000.00 on March 3, 2009
- Attempt 4) Loan for $38,000.00 on October 10, 2012
- Attempt 5) Loan for $36,000.00 on September 25, 2009
- Attempt 6) Loan for $27,000.00 on May 23, 2012
Fast Loans for Alix in Pella, Iowa to prevent bankruptcy or harm from debt collectors.
Fast loans in Pella, Iowa aren’t actually that difficult to obtain, especially if you have some finesse like Alix. Alix was able to find a fast loan for $87000 from Washington State Bank and Raccoon Valley Bank, but turned down both offers in favor of their secured loan from Marion County State Bank. The difference with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. A big improvement if a client is on the go.
Alix was rejected by Pocahontas State Bank 7 times prior to being granted funding by Marion County State Bank at 800 Main Street
On November 27, 2009, Alix applied about borrowing $28,000 from First State Savings Bank with Lyle, their in law from just outside Pella, and even with the co-signer, Alix was rejected for this secured loan. With good credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Signature Loan acquired in Pella, Iowa for $87000 with good credit by Alix
A lot of prospective borrowers struggle with finding signature loans in Pella, Iowa, and Alix is the same. Alix went to 6 lenders or more prior to settling on Marion County State Bank, who offered Alix a signature loan for $87000. Typical signature loans simply need a client, like Alix’s signature to get them, up to $22,000 in some cases. Alix was able to get $87000 as a secured loan, which is very high for a secured loan. Because signature loans do not require a cosigner, these loans tend to need better credit, as high as 765
Paraphrased and Standardized Quote from Alix for this secured loan of $87000, provided by Marion County State Bank
Hi, I am Alix and my hometown is Pella in Iowa. Marion, county is where I grew up, and now I need a secured loan in Iowa for $87000 to buy a car. It has been difficult, but Marion County State Bank really came through for me with this loan for 5.1% interest APR and a term of 13 years. I can repay the loan over the 13 year term, including interest. A big thanks to Marion County State Bank for trusting me and my good credit. It look me 4 years to create my credit to 643, and I won’t tarnish it any future. I’m happy with Find Texas Loans for helping me this far.
6 Months Ago, Alix Tried to Find a High Risk Loan for $30,000.00, but They Didn’t Find What They were Expecting
There is an existing struggle for borrowers to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Alix. Alix decided not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Individuals with credit scores as low as 321 can inquire for a high risk loan and have a chance to be approved.
Before applying for this secured loan, Alix had an Experian score of 655, which is good, so Marion County State Bank likely cannot provide Alix a secured loan
- Full name (Changed if requested): Alix Rinner
- Current Credit: loans.hit.utils.Fico@26a1ab54
- Current City: Pella
- State: Iowa
- Zip code: 50223
- Yearly income: $51,000
- Current Job: catering administrator
- Current County: Marion
- Goal Yearly Income: $81,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Multiple other requests for credit have been made by Alix in the past, including one from Transamerica Savings & Loan Association, FSLA in Pella, Iowa before Alix was approved for the $87000 by Marion County State Bank
Alix made 4 previous tries to obtain a secured loan, 2 of which were with Transamerica Savings & Loan Association, FSLA, a lending institution in Pella, Iowa known to specialize in secured loans specifically. Prior to finding Marion County State Bank, Alix was desperate due to their inexperience and good credit rating.
Personal Loan for a catering administrator named Alix in Pella, Iowa to Pay Off Lexus Pursuits Visa Credit Card
Alix had a lot of credit card debt on their Apple Bank for Savings and their Berkshire Municipal Bank College Rewards Visa Card, and they were starting to get in over their heads. Despite Alix’s job as a catering administrator, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Contact Details for Marion County State Bank, the provider of this secured loan
- Marion County State Bank
- City: Pella
- State: Iowa
- Address: 800 Main Street
- County: Marion
- Zip code: 50219
Installment loan for Alix, a graduate of Hope International University and a catering administrator working for over $79,000 per year
Alix, an alumnus at Hope International University and a catering administrator in Pella, Iowa wants a secured loan to purchase a car. Alix has instead chosen to get an installment loan for $6,000 and is at present seeking lenders like Commercial Savings Bank to provide it.
Conclusion of Alix’s secured loan
In the end, Alix was able to find a secured loan for $87000 with an interest rate of 10.7% interest APR from Marion County State Bank in Pella, Iowa repayable over 13 years from now.