Online Personal Loans in South Dakota
A midwestern state, South Dakota is named in honor of the Lakota and Dakota Sioux native american tribes. This state is ranked 17 out of the 50 states according to area and is the 5th less populous state on the continent.
The largest economic sector in South Dakota is the service industry which includes retail, finance and health care. Agriculture is a key component of the south dakotan economy with several important products such as: cattle, corn, soybeans, wheat and hogs. South Dakota has also started to invest in new economic areas such as alternative fuel and biomedical industry.
Tourism is also an important economic sector in South Dakota. Some of the most important travel destinations are found in the Black Hills region, such as Deadwood, Mt. Rushmore and neighboring national parts.
State of South Dakota Economic Indicators:
- Income per capita: $33,865 (in 2010); 
- Average weekly wage: $677; 
- Average household income: $48,321; 
- State expenditures ($ in millions): 3.698; 
- Unemployment rate: 4.7% (in July 2011) 
Credit Scores in South Dakota:
According to research performed by credit reference agency Experian in 2011, the average credit score of the state of South Dakota was 714 which followed the trend of northern states having a better average credit score than southern ones. The average credit score of the United States was 687 at the time and the difference between the lowest state average score and highest was 58.
Personal Loans in South Dakota:
There are a many ways that residents of South Dakota can cover their financial needs, either through a normal bank loan, a short term payday loan or a personal loan which is a balanced type of loan that shares the advantages of both the types of loans mentioned above: a larger amount of money, a process that is completely online and a simple way of repaying the loan in monthly or bi-weekly installments scheduled online. 36MonthLoans.com helps south dakotans borrow in up to $5,000 in just a few days.