$58000 Secured Loan – Ortonville Minnesota, Credit Rating Of 791
- Experian: 806 – The client had an excellent Experian score
- Transunion: 778 – Josie had an excellent credit score with Transunion.
- Equifax: Josie’s Experian score was 791, which is an excellent credit rating on the Experian rating scheme.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $39,000.00 to $53,000.00. They are typically used to pay off existing high interest loans like credit cards. Josie required a debt consolidation loan to pay for their existing secured loan and their credit card. Josie was able to find a secured loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which transfers your dirty, high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 2.4%.
Fast Loans for Josie in Ortonville, Minnesota to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Ortonville, Minnesota aren’t actually that difficult to obtain, especially if you have some gumption like Josie. Josie was able to find a fast loan for $58000 from American Bank Mankato and Lake Area Bank, but declined both offers in favor of their secured loan from Tri-County State Bank of Ortonville. The improvement with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. An improvement in the case that a client is in a time sensitive situation.
Josie’s Overall FICO score at the time of acceptance for a secured loan, taking into account their respiratory care technician job and their future career as an environmental planner
Paraphrased and Standardized Quote from Josie for this secured loan of $58000, provided by Tri-County State Bank of Ortonville
Hello, I am Josie and I am from Ortonville in Minnesota. Big Stone, county is where I grew up, and now I need a secured loan in Minnesota for $58000 to renovate my home. It wasn’t easy, but Tri-County State Bank of Ortonville really came through for me with this loan for 9.4% interest APR and a term of 3 years. I can repay the loan over the 3 year term, including interest. A big thanks to Tri-County State Bank of Ortonville for giving me a chance and my excellent credit. It look me 9 years to create my credit to 791, and I won’t tarnish it any more. I am happy with Find Texas Loans for helping me this far.
Installment loan for Josie, a graduate of Saint Cloud State University and a respiratory care technician working for over $76,000 per year
Josie, an alumnus at Saint Cloud State University and a respiratory care technician in Ortonville, Minnesota needs a secured loan to purchase a new cell phone. Josie has instead decided to get an installment loan for $17,000 and is currently seeking lenders like Marquette Bank University, National Association to process their request.
Personal Loan for a respiratory care technician named Josie in Ortonville, Minnesota to Pay Off BB&T Visa Corporate Card
Josie had a lot of credit card debt on their AAA Visa Signature Card with WorldPoints Rewards and their Citgo Plus Card, and they were starting to get in over their heads. Despite Josie’s job as a respiratory care technician, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
8 Months Ago, Josie Attempted Finding a High Risk Loan for $34,000.00, and it was Hard
It is an existing struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Josie. Josie chose not to get a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit applicants. Borrowers with credit ratings as low as 547 can apply for a high risk loan and may be be approved.
When Josie was 22, they tried to obtain a student loan from 4 different banks, which damaged their credit score. Below is a list of Josie’s prior attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on April 2, 2009
- Attempt 2) Loan for $21,000.00 on June 9, 2009
- Attempt 3) Loan for $26,000.00 on May 3, 2013
- Attempt 4) Loan for $30,000.00 on December 31, 2009
Several other requests for credit have been made by Josie in the past, including one from Town North Bank Nevada, National Association in Ortonville, Minnesota before Josie was approved for the $58000 by Tri-County State Bank of Ortonville
Josie made 4 previous attempts to obtain a secured loan, 2 of which were with Town North Bank Nevada, National Association, a lender in Ortonville, Minnesota known to specialize in secured loans specifically. Before finding Tri-County State Bank of Ortonville, Josie was very concerned due to their inexperience and excellent credit rating.
Josie has a very low current yearly income, but has a large amount of prospects
Josie has always wanted to be an environmental planner, but would have to attend Saint Cloud State University again to achieve it. Josie has other possibilities as well, including building maintenance mechanic, air crew officer, and costume attendant, which pay $56,000 through to $98,000 per year, at least. Because of this, we think that Josie can pay for this secured loan of $58000.
Signature Loan easily acquired in Ortonville, Minnesota for $58000 with excellent credit by Josie
A lot of prospective borrowers have difficulty with obtaining signature loans in Ortonville, Minnesota, and Josie is no different. Josie went to 7 lenders or more before settling on Tri-County State Bank of Ortonville, who offered Josie a signature loan for $58000. Typical signature loans simply need a client, like Josie’s signature to get them, up to $34,000 in some cases. Josie was able to get $58000 as a secured loan, which is very high for a secured loan. Since signature loans do not require a cosigner, these loans generally need higher credit, as high as 798
- Full name (Changed if requested): Josie Urbieta
- Current Credit: loans.hit.utils.Fico@17a7cec2
- Current City: Ortonville
- State: Minnesota
- Zip code: 56280
- Yearly income: $33,000
- Current Job: respiratory care technician
- Current County: Big Stone
- Goal Yearly Income: $141,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $8000
Contact Details for Tri-County State Bank of Ortonville, the provider of this secured loan
- Tri-County State Bank of Ortonville
- City: Ortonville
- State: Minnesota
- Address: 113 N.W. First Street
- County: Big Stone
- Zip code: 56278
Before applying for this secured loan, Josie had an Experian score of 806, which is excellent, so Tri-County State Bank of Ortonville probably cannot provide Josie a secured loan
Josie’s Transunion score was changed by the secured loan loan, changing to 778 from 791, which is typical in our experience.
Previous requests on Josie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$98290.00||3||7.4%||$3052.92||Marquette Bank Cannon Falls||May 25, 2010|
|$98310.00||5||9.6%||$2069.5||Root River State Bank||September 7, 2010|
|$98180.00||4||9.3%||$2457.22||Clinton State Bank||March 20, 2013|
|$97750.00||11||7.6%||$1094.92||Peoples State Bank of Plainview||October 30, 2013|
|$97750.00||4||11.7%||$2559.76||Security State Bank of Wykoff||January 3, 2014|
Josie was declined by First State Bank, Lake Lillian, Minnesota 5 times before being accepted by Tri-County State Bank of Ortonville at 113 N.W. First Street
On August 22, 2011, Josie inquired about borrowing $46,000 from Lakes State Bank with Jackqueline, their in law from just outside Ortonville, and even with the co-signer, Josie was rejected for this secured loan. With excellent credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Conclusion of Josie’s secured loan
In the end, Josie was able to find a secured loan for $58000 with an interest rate of 8.8% interest APR from Tri-County State Bank of Ortonville in Ortonville, Minnesota repayable over 3 years from today.