$102000 Consolidation Loan – Watson Minnesota, Credit Score Of 828
- Experian: 844 – The client had an excellent Experian score
- Transunion: 811 – Annemarie had an excellent credit score with Transunion.
- Equifax: Annemarie’s Experian score was 828, which is an excellent credit score using the Experian system.
Personal Loan for an agricultural engineer named Annemarie in Watson, Minnesota to Pay Off Porsche Club of America Visa Card
Annemarie had a lot of credit card debt on their L.L. Bean Visa Card and their Woodworker’s Supply Platinum Rewards Visa, and they were starting to get in over their heads. Despite Annemarie’s job as an agricultural engineer, they struggled to make payments on the $23,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Fast Loans for Annemarie in Watson, Minnesota to prevent bankruptcy or harm from debt collectors.
Fast loans in Watson, Minnesota aren’t actually that difficult to obtain, particularly if you have some gumption like Annemarie. Annemarie was able to find a fast loan for $102000 from Lake Area Bank and Lakes State Bank, but turned down both offers in favor of their consolidation loan from Watson State Bank. 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 5 weeks for installment loans. Much better in the case that you are in a pinch.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $27,000.00 to $53,000.00. They are mainly used to pay off existing high interest loans like credit cards. Annemarie required a debt consolidation loan to pay for their existing consolidation loan and their credit card. Annemarie was able to find a consolidation loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates as low as 4.5%.
Before applying for this consolidation loan, Annemarie had an Experian score of 844, which is excellent, so Watson State Bank most likely cannot provide Annemarie a consolidation loan
7 Months Ago, Annemarie Attempted to Find a High Risk Loan for $24,000.00, but They Didn’t Find What They were Expecting
It is an well known struggle for clients to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Annemarie. Annemarie chose not to get a high risk loan this time. High Risk loans are generally given by lenders to very low credit borrowers. Clients with credit scores as low as 309 can inquire for a high risk loan and have a chance to be approved.
Contact Details for Watson State Bank, the provider of this consolidation loan
- Watson State Bank
- City: Watson
- State: Minnesota
- Address: Main Street
- County: Chippewa
- Zip code: 56295
Signature Loan acquired in Watson, Minnesota for $102000 with excellent credit by Annemarie
A lot of clients struggle with obtaining signature loans in Watson, Minnesota, and Annemarie is not an exception. Annemarie went to 8 lenders or more prior to finding Watson State Bank, who offered Annemarie a signature loan for $102000. Most signature loans simply require a client, like Annemarie’s signature to get them, up to $41,000 in some cases. Annemarie was able to get $102000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans don’t need collateral, these loans tend to need better credit, as high as 743
Annemarie’s Transunion score was changed by the consolidation loan loan, changing to 811 from 828, which is typical in our experience.
- Full name (Changed if requested): Annemarie Heberlein
- Current Credit: loans.hit.utils.Fico@22927a81
- Current City: Watson
- State: Minnesota
- Zip code: 56300
- Yearly income: $63,000
- Current Job: agricultural engineer
- Current County: Chippewa
- Goal Yearly Income: $99,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000
Annemarie has a low current total income, but has a high number of prospects
Annemarie has always wanted to be a dentist, but would have to attend Harcum College again to achieve it. Annemarie has other prospects as well, including real estate assessor, hand sewer, and county or city auditor, which pay $57,000 through to $104,000 per year, at least. For this reason, we think that Annemarie can afford this consolidation loan of $102000.
Annemarie’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their agricultural engineer job and their future career as a dentist
Previous requests on Annemarie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$119890.00||3||9.7%||$3851.65||Marquette Bank Cannon Falls||May 28, 2012|
|$120180.00||11||11.5%||$1608.43||Root River State Bank||November 11, 2013|
|$120260.00||4||6.3%||$2840.88||Clinton State Bank||June 13, 2014|
|$120130.00||7||11.2%||$2069.57||Peoples State Bank of Plainview||August 22, 2014|
Installment loan for Annemarie, a graduate of Harcum College and an agricultural engineer working for over $65,000 per year
Annemarie, an alumnus at Harcum College and an agricultural engineer in Watson, Minnesota needs a consolidation loan to purchase something frivolous. Annemarie has instead chosen to obtain an installment loan for $21,000 and is at present seeking lenders like Citizens Alliance Bank to process their request.
When Annemarie was 19, they tried to obtain a student loan from 5 different banks, which damaged their credit rating. Below is a chronology of Annemarie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $35,000.00 on November 20, 2013
- Attempt 2) Loan for $28,000.00 on March 12, 2012
- Attempt 3) Loan for $24,000.00 on October 22, 2009
- Attempt 4) Loan for $31,000.00 on September 1, 2009
- Attempt 5) Loan for $35,000.00 on September 16, 2009
Many previous requests for credit have been made by Annemarie in the past, including one from New Haven Savings Bank in Watson, Minnesota before Annemarie was approved for the $102000 by Watson State Bank
Annemarie made 4 prior attempts to obtain a consolidation loan, 2 of which were with New Haven Savings Bank, a lending institution in Watson, Minnesota known to specialize in consolidation loans specifically. Before finding Watson State Bank, Annemarie was desperate due to their inexperience and excellent credit rating.
Annemarie was rejected by Citizens Alliance Bank 7 times before being granted funding by Watson State Bank at Main Street
On August 29, 2009, Annemarie inquired about borrowing $23,000 from Princeton Bank with Else, their in law from just outside Watson, and even with the co-signer, Annemarie was rejected for this consolidation loan. With excellent credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Paraphrased and Standardized Quote from Annemarie for this consolidation loan of $102000, provided by Watson State Bank
Hello, I am Annemarie and my hometown is Watson in Minnesota. Chippewa, county is where I grew up, and now I need a consolidation loan in Minnesota for $102000 to pay bills. It has been difficult, but Watson State Bank really came through for me with this loan for 6.7% interest APR and a term of 13 years. I will repay the loan over the 13 year term, including interest. A big thanks to Watson State Bank for trusting me and my excellent credit. It look me 4 years to build my credit to 828, and I won’t harm it any future. I’m happy with Find Texas Loans for helping me this far.
Conclusion of Annemarie’s consolidation loan
In the end, Annemarie was able to find a consolidation loan for $102000 with an interest rate of 7.6% interest APR from Watson State Bank in Watson, Minnesota repayable over 13 years from today.