Minnesota Payday Loans up to $350

Need quick cash? No problem. Apply online and get a Payday Loan even for bad credit within 24 hours.

Are you a resident of Minnesota and have found yourself in urgent need of money? Banks and credit unions refuse you because you have a bad credit score? No problem! Try online Payday Loans which are legally offered in Minnesota by direct lenders on very favorable conditions. It's quick and easy, highly available for both good and bad credit, and automatically repaid with your next paycheck.

Apply for Payday Loans in Minnesota from the Best Direct Lenders Online or find a Loan Store near your location.
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Cash Advance and other Money Offers in Minnesota:

Are Payday Loans Legal in Minnesota?

Loan Rates and Fees, Laws and Regulations in Minnesota.

Up to $350 Payday loans are legal in Minnesota by Minn. Stat. 47.60 et seq¹. We also offer higher amounts within Installment ($1000 - $5000) or Personal ($5000 - 35,000) loans. The maximum repayment term for a Payday cash advance is 30 days. The APR is capped at 390% and you can be charged $15 for 14-day $100 loan. The number of simultaneous loans is not limited. But neither rollovers nor extensions are permitted.

Law status	legal
MIN Loan Amount	None
MAX Loan Amount	$350
MIN. Loan Term	None
MAX. Loan Term	30 days
MAX APR	390%
Additional fees	$5-$15
NSF fee	Only one per loan
Collateral or guarantor	None, unsecured
Number of simultaneous loans	Not limited
Cooling off period	None
Rollover	None
Extension, repayment plan	None
Default penalties	Not stated
Credit score requirements	Available for Bad Credit

Payday Loan laws in MN Apply online

Find out more Apply online

PayDay Loan Calculator

$ Your loan

+ $ Your fee

= $ Total Cost*

* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.

All the calculations are provided as guides only. They don’t guarantee 100% the same cost you are going to be charged but they do help you understand the overpay much better. Unless you change the APR, the calculations will be based on the average or lowest rate represented by most lenders for each loan type. You’ll find the accurate interest rate as well as the real cost of your cash advance after you get approved before you sign the agreement. It will depend on many factors including the amount, the term of the loan, your credit score and the lender’s conditions. Interest rates are not fixed figures and are subject to change at any time. As soon as you fill out an application and get approved all the details concerning the rates and terms will be sent to you.

Before you apply for a short-term cash advance online consider other Payday Loan alternatives:

Installment Loans and Personal Loans online
Debt Consolidation Loans, Credit Builder Loans, Credit Cards
Social services and local assistance programs
Additional part-time jobs or some side gigs and freelance opportunities to earn extra cash
Recycling for money
Help from your employer, creditors, family and friends
Traditional banks or credit unions.

Applying for a short-term Payday Loan you should be very careful and responsible. Plan your budget carefully not to default on the loan. Avoid rollovers, renewals, or extensions. It'll help you get out of Payday debt fast and easy.

Online Payday Loans in Minnesota

Any resident of Minnesota can apply for a Payday Loan both online and in-store. But, of course, online lending is becoming more and more popular as it has plenty of advantages:

it gives you a chance to compare a lot of different offers at once,
you can avoid driving, doing paperwork and waiting in lines,
applying is free and simple,
you have very high chances of approval even with a bad credit score,
you can find some lenders ready to give you the loan with no credit check,
it's available 24 / 7.

The process of applying online is quick and simple:

Compare the lenders and choose the one with the best rates and fees;
Fill out the necessary information in the application form
Get the money deposited into your account within 1 business day
Pay off the loan with your next paycheck

Requirements to qualify for a Payday Loan in Minnesota:

What do I need to qualify for a short-term cash advance?

Independent lenders have their own individual requirements that must be met, but typical minimum requirements include, but may not be limited to:

Minnesota (US) residence
Minimum regular income of $1,000 per month
Valid checking or savings account with direct deposit
Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
If applying Online, you must provide a valid Social Security Number
If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.

FAQ

Can I get a Payday Loan in MinnesotaYes, you can get a Kansas payday loan regardless of your credit rating. In fact, online payday loans are available to any borrower with low or no credit. Payday lenders determine your creditworthiness r with bad credit?

Are there No Credit Check Payday Loans in Minnesota?

How long does it take to get a Payday Loan in Minnesota?

How many Payday Loans can I take out in Minnesota at a time?

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State Regulator

If any questions occur contact Minnesota Department of Commerce, situated by address: Division of Financial Examinations, 85 7th Place East, Suite 500 St. Paul MN 55101, (651) 296-2135, http://www.commerce.state.mn.us/.