Kensington Bank Payday Loans Review - Elrosa, Minnesota

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5 reviews

Organization owner?

201 Main St, Elrosa, MN 56325, USA

+1 (320) 697-5533

www.kensingtonbanks.com

Friday

8:30AM–2PM

Saturday

Closed

Sunday

Closed

Monday

8:30AM–2PM

Tuesday

8:30AM–2PM

Wednesday

8:30AM–2PM

Thursday

8:30AM–2PM

Domain Info

Feedback about Kensington Bank?

Here you grapple with the feedback of our customers.

Note

Pay Attention

Further there will be presented the details about not a exact lending company. The information below will define shared information about payday loans and its specific elements.

Payday Loans in Elrosa, Minnesota

Payday loan is taken out for a short span: 2-3 weeks. The offered loan amounts are $100-$1,000.

This financial product in Elrosa, Minnesota is issued easily and fast. The interest rate is specified respecting the category of the customer: the more loans are successfully paid off, the more attractive terms will be offered to you.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

How will Kensington Bank help issue a payday loan in Elrosa, Minnesota?

24/7 operation. Such Internet services allow you to credit funds at any time. Funds are taken out around the clock. The loan will be sent to a credit card, so a personal visit to the department is not necessary.
No paperwork. The list of required documentation is minimal. In most cases, an ID is sufficient. You do not need to provide a certificate of income.
Online application. The application is filled out and reviewed much faster than in banks. Money is deposited within 24 hours after receiving approval.
High approval rate. When it relates to small amounts, a positive answer comes up 98%.
Availability. Banks offer more stringent requirements on their customers. Age restrictions and bad credit will become barriers to taking out a loan. Payday lenders are more loyal to borrowers. The presence of minor delays and a low score does not guarantee rejection.

Fill out an application

What data to fill out in the application? - General Info

To submit an application, every customer should enter the following data:

Your loan:

Loan Amount, Loan Purpose, Email Address

About You:

First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN

Your Address:

Zip Code, Street Address

Your Income:

How often do you get paid?, Next Paydate, Type of Account, How do you get paid?

Your Employment:

Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number

Your Credit:

If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?

Finally:

Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then a customer should submit an application to get a proposal from one of payday lenders.

Reasons

Why people take out payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Get Started

Bad Credit Approved

Payday loans for bad credit

One of the reason of denial for a loan is a bad credit history. This factor is considered by lenders before taking out a loan. But banks almost 100% refuse the application when lenders in Elrosa, mn will assess other aspects like payment abilities and approve a payday loan. This is a way to enhance your credit history.

The following general points will be rated before applying for a cash advance:

be at least 18 years old;
be a U.S. citizen;
be employed and have a reliable source of income;
have a checking account;
have a valid email address and phone number.

~ Credit score ~

Rate Your Credit Score

Low

300 – 579 points

No way to issue a loan
No ability to rent a room

Average

670 – 739 points

80% of loan approval
Apply for all loan types

Perfect

740 – 799 points

95% of loan approval
Apply for all loans incl. mortgage

Rate your APR

APR Calculator

Loan Amount $: *

Loan Term (Days): *

APR value %: *

Origination Fee $: *

$1000 Your loan

+ $38 Your fee

= $1,038 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.

The calculator clarifies the cost of the loan known as APR.

Let's see