Payday Loans in Kabetogama, Minnesota

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Kabetogama, MN. Consider companies in other cities:

Company nameAddressZip codePhone number
Little Dearborn 2605 Wayzata Blvd 300, Long Lake, MN 55356 +1 (612) 331 - 2066
United States Postal Service 148 Broadway Ave S, Shevlin, MN 56676 +1 (800) 275 - 8777
United States Postal Service 6444 Elm St, North Branch, MN 55056 +1 (800) 275 - 8777
UnBank Check Cashing & Loans- Anoka 205 E Main St, Anoka, MN 55303 +1 (612) 843 - 5206
Thrivent Financial-Lutherans 218 W Main St, Arlington, MN 55307 +1 (507) 964 - 2966
Minnwest Bank 225 E Main St, Lewiston, MN 55952 +1 (507) 523 - 2161
Bank Midwest 509 3rd St, Jackson, MN 56143 +1 (507) 847 - 3010
United States Postal Service 301 Main St, Palisade, MN 56469 +1 (800) 275 - 8777
Bremer Bank 202 S Rum River Dr, Princeton, MN 55371 +1 (763) 389 - 2020
WHITE EARTH INVESTMENT INITIATIVE 516 Main St, Ogema, MN 56569 +1 (218) 983 - 4020

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Kabetogama, MN, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Andover, MN, Payday Loans in Burnsville, MN, Payday Loans in Cottage Grove, MN, Payday Loan Without a Credit Check in Duluth, MN, Same Day Loans in Eden Prairie, MN, Payday Loans in Inver Grove Heights, MN, Payday Loan for Lakeville, MN and Payday Loans in Mankato, MN. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Kabetogama, MN.

Payday Loans Available in Kabetogama, MN By The Following ZIP Codes:

56669

Are Payday Loans Legal In Kabetogama, Minnesota?

Loan Rates and Fees, Laws and Regulations in Minnesota.

Minnesota Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)200
Maximum Loan Amount$350
Minimum Loan TermNot Specified
Maximum Loan Term30 days
Number of Rollovers Allowed0
Finance Charges<$50 = $5.5; $50 - $100 = 10% + $5; $100 - $250 = 7% (min $10) + $5; $250 - $350 =6% (min $17.5) + $5

Kabetogama, MN payday loan calculator

Understanding Payday Loans in Kabetogama, Minnesota

Payday loans are short-term loans that come with high interest rates and fees. They are often used to cover unexpected expenses or emergencies that come up between paychecks. While these loans can be useful in certain situations, they can also be dangerous if not used responsibly.

The Legality of Payday Loans in Minnesota

Payday loans are legal in Minnesota, but the state has regulations in place to protect borrowers from predatory lending practices. The Minnesota Attorney General’s Office provides information for consumers on their website outlining these regulations.

Regulations for Payday Loans in Minnesota

  • Lenders can charge up to $30 for every $100 borrowed.
  • The maximum loan amount is $350.
  • Loans must be repaid within 30 days.
  • Lenders cannot charge additional interest or fees if the borrower cannot repay the loan on time.

It’s important to note that while these regulations are in place, payday loans can still be very expensive due to their high interest rates and fees. Borrowers should always carefully evaluate their financial situation before taking out a payday loan.

Applying for a Payday Loan in Kabetogama, Minnesota

If you are considering a payday loan in Kabetogama, Minnesota, you have a number of options for obtaining one. You can visit a storefront lender, or you can apply online. TheGuaranteedLoans website is a good place to start your search for a lender.

It’s important to keep in mind that TheGuaranteedLoans is a connector service, not a direct lender. We work with a network of lenders and will facilitate your connection with potential lenders. Our site allows you to compare lenders and choose the best option for your needs.

The Risks and Benefits of Payday Loans in Kabetogama, Minnesota

As with any financial product, payday loans come with both risks and benefits. It’s important to understand these before deciding if a payday loan is right for you.

The Benefits of Payday Loans

  • Quick access to cash: Payday loans can often be obtained within 24 hours, which can be helpful in emergencies.
  • No collateral required: Payday loans are unsecured, which means you don’t need to put up any collateral, such as your car or home, to obtain one.
  • No credit check: Payday lenders typically don’t check your credit score, which can be helpful if you have poor credit.

The Risks of Payday Loans

  • High interest rates and fees: Payday loans come with very high interest rates and fees, which can make them very expensive. Make sure you know exactly how much you will be expected to repay before taking out a loan.
  • Potential for debt cycle: Some borrowers may find themselves in a cycle of debt, where they take out one loan to pay off another. This can be difficult to break out of and can result in long-term financial problems.
  • Target low-income borrowers: Payday lenders have been criticized for targeting low-income borrowers who are in a vulnerable financial position and may not fully understand the terms and conditions of the loan.

Interesting Facts and Statistics about Payday Loans in Kabetogama, Minnesota

  • In Minnesota, the average payday loan is for $380.
  • Minnesota residents pay an average interest rate of 277% on payday loans.
  • In 2016, Minnesotans paid almost $12 million in fees to payday lenders.

Source: Minnesota Department of Commerce, Payday Lending Report

The Final Word on Payday Loans in Kabetogama, Minnesota

Payday loans can be a valuable financial tool in the right situation, but they should be used with caution. If you are considering a payday loan in Kabetogama, Minnesota, make sure you understand the risks and benefits and carefully evaluate your financial situation before making a decision.

Apply Now to Connect with Potential Lenders

If you have decided that a payday loan is right for you, TheGuaranteedLoans website is a good place to start your search for a lender. Apply now to connect with potential lenders and find the best option for your needs.

F.A.Q.

Are there any limits on the amount I can borrow?

Yes, the maximum amount you can borrow is $350 in Kabetogama, Minnesota.

How long do I have to repay the loan?

You must repay the loan within 30 days.