Payday Loans in Savage, Minnesota

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Payday Loan Companies in Savage, MN

Company nameAddressZip codePhone number
ATM Associated Bank 7533 Egan Dr 55378 +1 (800) 627 - 3999
TCF Bank 14075 Hwy 13 S 55378 +1 (800) 823 - 2265

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Savage, MN, you can try to find different companies in big cities near by. Check out the following pages here: Bad Credit Loans in Shakopee, MN, Payday Loan Companies in Andover, MN, Payday Loans in Burnsville, MN, Short-term Loans in Cottage Grove, MN, Guaranteed Loans in Duluth, MN, Payday Loans in Eden Prairie, MN, Same Day Loans in Inver Grove Heights, MN and Payday Loans in Lakeville, 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 Savage, MN.

Beautiful sights of Savage, MN

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

55378

Are Payday Loans Legal In Savage, 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

Savage, MN payday loan calculator

Payday Loans in Savage, Minnesota: What You Need to Know

Payday loans in Savage, Minnesota, provide a fast and easy way for individuals who need a short-term loan to cover unexpected expenses or make ends meet between paychecks. These loans are legal in Minnesota, and are often used as a quick source of funds by those who may not have access to traditional forms of credit.

How Payday Loans Work

Payday loans are short-term loans that are typically due within two to four weeks. Generally, they require borrowers to provide proof of income and a valid bank account in order to qualify. Payday loans are typically for amounts between $100 and $1,000, and are available through an online lender or local storefront.

The Benefits of Payday Loans in Savage, Minnesota

Payday loans in Savage, Minnesota, offer a number of advantages for borrowers. For starters, they’re a quick and convenient way to get the money you need when you need it. When applying for a payday loan at a storefront, you can typically get the funds within minutes. When applying online, you can usually get the money within one business day. Additionally, payday loans don’t typically require a lengthy qualification process or a credit check, so they are relatively easy to obtain.

The Drawbacks of Payday Loans

Payday loans in Savage, Minnesota, also come with some drawbacks. These loans typically have high interest rates, with some lenders charging up to 400%. Additionally, if you don’t pay back your loan on time, the lender may charge you additional fees. Finally, some payday lenders may require you to give them access to your bank account or postdate a check, which can increase the risk of identity theft and other financial crimes.

How to Apply for a Payday Loan in Savage, Minnesota

If you’re considering applying for a payday loan in Savage, Minnesota, you should first make sure you understand the terms and conditions of the loan. Be sure to read the fine print and ask questions if there’s anything you don’t understand. Once you’ve done your research, you can apply for a payday loan online or at a local storefront.

Frequently Asked Questions

Are payday loans legal in Minnesota?

Yes, payday loans are legal in Minnesota. However, there are state and federal regulations in place to protect borrowers from predatory lenders.

Are payday loans expensive?

Yes, payday loans are more expensive than traditional forms of credit. Many payday lenders charge interest rates up to 400%, so it’s important to understand the costs before applying for a loan.

Can I get a payday loan without a bank account?

No, you typically need a bank account to qualify for a payday loan. Additionally, some lenders may require you to have a steady income or proof of employment.

Apply Now

At TheGuaranteedLoans, we understand how difficult it can be to find the right loan for your financial needs. That’s why we provide an easy and secure online application process to help connect borrowers with the right lenders. We are not a lender ourselves, but our free service helps you find the perfect loan for your unique situation. So, if you’re looking for a payday loan in Savage, Minnesota, apply now and let us help you find the right option.

More F.A.Q.

Can I pay off my payday loan early in Savage, Minnesota?

Yes, you can pay off your payday loan early in Savage, Minnesota without any penalties or additional fees. This can save you money on interest charges.

What documentation do I need to provide in order to apply for a payday loan in Savage, Minnesota?

To apply for a payday loan in Savage, Minnesota, you will need to provide proof of income, identification, and a valid checking account.

How Many Cash Advance Companies are in Savage, MN?

With the help of our service, you will be able to find 2 cash advance companies in Savage, MN

What Cash Advance Companies in Savage, MN are the most popular?

You should check ATM Associated Bank and TCF Bank. Also, you can start your application online on our website.