Lake Elmo Bank Payday Loans Review - Lake Elmo, Minnesota

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4.7 12 reviews

Organization owner?

11465 39th St N, Lake Elmo, MN 55042, USA

+1 (651) 777-8365

www.lakeelmobank.com

Wednesday

7AM–6PM

Thursday

7AM–6PM

Friday

7AM–6PM

Saturday

9AM–12PM

Sunday

Closed

Monday

7AM–6PM

Tuesday

7AM–6PM

Domain Info

Mailing Address

5335 Gate Parkway care of Network Solutions PO Box 459

Jacksonville

32256

United States

Contact Data

vw2gb36g3b5@networksolutionsprivateregistration.com

+1.5707088780

Testimonials

Feedback about Lake Elmo Bank?

Here you read the reviews of our clients.

Note

Pay Attention

The first three points specify the certain lender. In other turn, below-specified info makes users get acquainted general information about payday loans.

Payday Loans in Lake Elmo, Minnesota

The financial product called as a payday loan is taken out for a short-lasting period: 2-3 weeks. $100-$1,000 is approved for clients.

It is simple and quick to issue loans in Lake Elmo, Minnesota. The rates are set on an individual basis: if a borrower repays as much loans as possible, he will be offered one of the most reasonable terms and rates.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

How will Lake Elmo Bank help issue a payday loan in Lake Elmo, Minnesota?

24/7 operation. Such online services allow you to receive funds at any time. Funds are taken out day and night. The transfer will be sent to a account, so a personal visit to the department is not necessary.
No paperwork. The list of required documents is minimal. In most cases, an ID is needed. You do not need to send a certificate of income.
Online application. The application is filled in and processed much faster than in banks. Money is deposited within 24 hours after receiving approval.
High approval level. When it relates to small amounts, a positive decision comes up 98%.
Availability. Banks provide loans at more stringent requirements on their clients. Age restrictions and bad credit will become barriers to issuing a loan. Lenders are more loyal to clients. The presence of minor delays and a low score does not guarantee rejection.

Fill out an application

What data to fill in 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 client should submit an application to get an offer from one of payday lenders.

Reasons

Why people issue 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 assessed by microfinance organizations before taking out a loan. But banks almost 100% refuse the request when lenders in Lake Elmo, mn will estimate other aspects like solvency and approve a payday loan. This is a way to improve your credit score.

The following common points will be rated before applying for a payday loan:

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.

If you need to know the annual percentage rate of the loan, you are welcome to utilize the calculator. It will determine the cost of the cash advance.

Let's see