Payday Loans Ely, MN Online — TGL Payday Loans

Payday Loan Companies in Ely, MN
Company name	Address	Zip code	Phone number
Boundary Waters Bank	601 E Sheridan St	55731	+1 (218) 365 - 6181
Ely Area Credit Union	2 E Chapman St	55731	+1 (218) 365 - 3131
Northeast Title Company	545 E Sheridan St	55731	+1 (218) 365 - 5256

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Ely, MN, you can try to find different companies in big cities near by. Check out the following pages here: Guaranteed Loans in Minneapolis, MN, Payday Loan Companies in Minnetonka, MN, Payday Loans in Moorhead, MN, Payday Loans in Rochester, MN, Payday Loan Companies in Saint Cloud, MN, Quick Loan in Saint Paul, MN, Payday Loan Without a Credit Check in Savage, MN and Payday Loan for Shakopee, 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 Ely, MN.

Are Payday Loans Legal In Ely, Minnesota?

Loan Rates and Fees, Laws and Regulations in Minnesota.

Minnesota Loan Regulations

Legal Status	Legal
Interest Rate (APR, %)	200
Maximum Loan Amount	$350
Minimum Loan Term	Not Specified
Maximum Loan Term	30 days
Number of Rollovers Allowed	0
Finance Charges	<$50 = $5.5; $50 - $100 = 10% + $5; $100 - $250 = 7% (min $10) + $5; $250 - $350 =6% (min $17.5) + $5

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Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

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