$51000 Secured Loan – Minnetonka Minnesota, Credit Rating Of 790
- Experian: 802 – This individual had an excellent Experian score
- Transunion: 775 – Tiffanie had an excellent credit rating with Transunion.
- Equifax: Tiffanie’s Experian score was 790, which is an excellent credit rating with the Experian rating scheme.
Tiffanie’s Overall FICO score at the time of acceptance for a secured loan, taking into account their nursing professor job and their future job as a music director
Several past requests for credit have been made by Tiffanie in the past, including one from NBD Park Ridge Bank in Minnetonka, Minnesota before Tiffanie was accepted for the $51000 by Ridgedale State Bank
Tiffanie made 6 previous attempts to obtain a secured loan, 2 of which were with NBD Park Ridge Bank, a bank in Minnetonka, Minnesota known to specialize in secured loans specifically. Before finding Ridgedale State Bank, Tiffanie was concerned due to their inexperience and excellent credit rating.
Installment loan for Tiffanie, a graduate of Oregon Health & Science University and a nursing professor working for over $63,000 per year
Tiffanie, an alumnus at Oregon Health & Science University and a nursing professor in Minnetonka, Minnesota needs a secured loan to purchase a new cell phone. Tiffanie has instead decided to obtain an installment loan for $15,000 and is at present seeking lenders like Atwater State Bank to provide it.
Tiffanie was not approved by Lakes State Bank 5 times before being accepted by Ridgedale State Bank at 1730 Plymouth Road
On March 12, 2009, Tiffanie inquired about borrowing $3,000 from First State Bank, Lake Lillian, Minnesota with Theo, their friend from just outside Minnetonka, and even with the co-signer, Tiffanie was rejected for this secured loan. With excellent credit, it can be very hard to procure funding, even with collateral and a co-signer.
Before applying for this secured loan, Tiffanie had an Experian score of 802, which is excellent, so Ridgedale State Bank likely cannot provide Tiffanie a secured loan
6 Months Ago, Tiffanie Tried Finding a High Risk Loan for $47,000.00, but They Didn’t Find What They were Expecting
There is an well known struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Tiffanie. Tiffanie chose not to get a high risk loan this time. High Risk loans are given to terrible credit clients. Individuals with credit scores as low as 532 can apply for a high risk loan and have a chance to be accepted.
Fast Loans for Tiffanie in Minnetonka, Minnesota to prevent bankruptcy or harm from debt collectors.
Fast loans in Minnetonka, Minnesota aren’t actually that difficult to obtain, particularly if you have some finesse like Tiffanie. Tiffanie was able to find a fast loan for $51000 from Peoples State Bank of Plainview and Valley Bank Dundas, but turned down both offers in favor of their secured loan from Ridgedale State Bank. The improvement with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. An improvement in the case that a borrower is in a pinch.
Previous requests on Tiffanie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$27250.00||8||8.2%||$388.0||Marquette Bank Cannon Falls||May 13, 2009|
|$27170.00||10||5.7%||$297.57||Root River State Bank||January 11, 2010|
|$27180.00||10||9.7%||$354.69||Clinton State Bank||June 24, 2012|
|$26770.00||4||8.4%||$658.57||Peoples State Bank of Plainview||August 2, 2014|
Tiffanie’s Transunion score was altered by the secured loan loan, changing to 775 from 790, which is typical in our experience.
Tiffanie has a disappointing current gross income, but has a high number of prospects
Tiffanie has always wanted to be a music director, but would have to attend Oregon Health & Science University again to become one. Tiffanie has other prospects as well, including social work professor, medical photographer, and military officer, which pay $51,000 through to $109,000 per year, at least. Because of this, we believe that Tiffanie can afford this secured loan of $51000.
- Full name (Changed if requested): Tiffanie Schuerman
- Current Credit: loans.hit.utils.Fico@46ee7fe8
- Current City: Minnetonka
- State: Minnesota
- Zip code: 55310
- Yearly income: $44,000
- Current Job: nursing professor
- Current County: Hennepin
- Goal Yearly Income: $117,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Contact Details for Ridgedale State Bank, the provider of this secured loan
- Ridgedale State Bank
- City: Minnetonka
- State: Minnesota
- Address: 1730 Plymouth Road
- County: Hennepin
- Zip code: 55305
Debt Consolidation Will Help Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Most debt consolidation loans range from $20,000.00 to $48,000.00. They are mainly used to pay off existing high interest loans like credit cards. Tiffanie needed a debt consolidation loan to pay for their existing secured loan and their credit card. Tiffanie was able to find a secured loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your dirty, high interest loans to a single lower interest loan. Debt consolidation loans usually have interest rates as low as 2.0%.
Paraphrased and Standardized Quote from Tiffanie for this secured loan of $51000, provided by Ridgedale State Bank
Hello, I am Tiffanie and I’m from Minnetonka in Minnesota. Hennepin, county is where I grew up, and now I need a secured loan in Minnesota for $51000 to pay bills. It has been difficult, but Ridgedale State Bank really came through for me with this loan for 8.4% interest APR and a term of 3 years. I will repay the loan over the 3 year term, including interest. A big thanks to Ridgedale State Bank for trusting me and my excellent credit. It look me 6 years to create my credit to 790, and I won’t tarnish it any future. I’m happy with Find Texas Loans for helping me this far.
Personal Loan for a nursing professor named Tiffanie in Minnetonka, Minnesota to Pay Off Tarjeta BankAmericard Visa
Tiffanie had a tonne of credit card debt on their EverCard Visa Platinum Credit Card and their OneCause Visa Platinum, and they were starting to get in over their heads. Despite Tiffanie’s job as a nursing professor, they struggled to make payments on the $27,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
When Tiffanie was 22, they tried to obtain a student loan from 7 different lenders, which damaged their credit score. Below is a chronology of Tiffanie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $20,000.00 on January 3, 2009
- Attempt 2) Loan for $39,000.00 on May 25, 2010
- Attempt 3) Loan for $34,000.00 on February 6, 2010
- Attempt 4) Loan for $25,000.00 on December 25, 2008
- Attempt 5) Loan for $21,000.00 on March 31, 2012
- Attempt 6) Loan for $27,000.00 on January 8, 2014
- Attempt 7) Loan for $24,000.00 on November 19, 2008
Signature Loan easily acquired in Minnetonka, Minnesota for $51000 with excellent credit by Tiffanie
A lot of borrowers struggle with obtaining signature loans in Minnetonka, Minnesota, and Tiffanie is no different. Tiffanie went to 5 lending institutions or more prior to settling on Ridgedale State Bank, who offered Tiffanie a signature loan for $51000. Most signature loans simply require a client, like Tiffanie’s signature to get them, up to $27,000 in some cases. Tiffanie was able to get $51000 as a secured loan, which is very high for a secured loan. Since signature loans don’t require a cosigner, they generally need higher credit, as high as 743
Conclusion of Tiffanie’s secured loan
In the end, Tiffanie was able to find a secured loan for $51000 with an interest rate of 7.7% interest APR from Ridgedale State Bank in Minnetonka, Minnesota repayable over 3 years from today.