Frandsen Bank & Trust Payday Loans Review - Mankato, Minnesota

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2.8 4 reviews

245 Belgrade Ave, North Mankato, MN 56003, USA
+1 (507) 345-5043
www.frandsenbank.com
Thursday
9AM–4PM
Friday
9AM–5PM
Saturday
Closed
Sunday
Closed
Monday
9AM–4PM
Tuesday
9AM–4PM
Wednesday
9AM–4PM
Testimonials

Feedback about Frandsen Bank & Trust?

Here you grapple with the reviews of our clients.
Note

Pay Attention

Lenders are provided in the first three points. Below info defines common information about payday loans.

Payday Loans in Mankato, Minnesota

Payday loans are a type of loans issued by payday lender to people for a short period of time - usually 2 to 3 weeks. It is taken out a small amount: $100-$1,000.

Problem-free financial products are known as payday loans in Mankato, mn. They are issued at individual interest rates. They are dependent on personal data. It is also important to pay off as much payday loans as possible.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

How will Frandsen Bank & Trust help take out a loan in Mankato, Minnesota?

  • 24/7 operation. Such online services allow you to deposit funds at any time. Funds are taken out day and night. The loan will be sent to a card, so a personal visit to the store is not necessary.
  • No paperwork. The list of required papers 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 out and processed much faster than in banks. Money is credited within 24 hours after receiving approval.
  • High approval rate. When it relates to small amounts, a positive answer comes up 98%.
  • Availability. Banks provide loans at more stringent requirements on their clients. Age restrictions and bad credit will become barriers to taking out a loan. Payday lenders are more loyal to clients. The presence of minor delays and a low credit rating does not guarantee rejection.
Fill in an application

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

To submit an application, every client should fill out the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then a borrower should submit an application to get an offer from one of lenders.

Reasons

Why people take out payday loans?

Utility Bills

2%
Healthcare Bills

2%
Traveling

2%
Car Repair

1%
Clothes

1%
Bad Credit Approved

Payday loans for bad credit

One of the reason of refusal for a loan is a bad credit history. This factor is reviewed by banks before issuing a loan. But banks almost 100% deny the application when lenders in Mankato, mn will estimate other aspects like financial capabilities and approve a cash advance. This is a way to enhance your credit history.

The following common points will be rated before applying for a 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

The calculator shows the cost of the loan known as annual percentage rate.

Let's see

Other Payday Lenders in Mankato, Minnesota

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Edward Jones - Financial Advisor: Bruce G Timmerman

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Northwoods Credit Union - Moose Lake

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Edward Jones - Financial Advisor: Matt Kruse

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U.S. Bank ATM - Holiday Store

MN-6, Garrison, MN 56450, USA

+1 (800) 872-2657

usbank.com

Old National Bank

910 Commercial Dr, Buffalo, MN 55313, USA

+1 (952) 486-4556

www.oldnational.com

Edward Jones - Financial Advisor: James A Stubkjaer

1317 SE Broadway Ave Suite A, Albert Lea, MN 56007, USA

+1 (507) 373-2313

www.edwardjones.com

Bremer Bank

805 Main St N, Austin, MN 55912, USA

+1 (507) 433-8822

www.bremer.com

Frandsen Bank & Trust

528 N 1st St, Warren, MN 56762, USA

+1 (218) 745-4131

www.frandsenbank.com