Frandsen Bank & Trust Payday Loans Review - Tower, Minnesota

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4 reviews

415 Main St, Tower, MN 55790, USA
+1 (218) 753-6100
www.frandsenbank.com
Friday
8AM–4:30PM
Saturday
Closed
Sunday
Closed
Monday
8AM–4:30PM
Tuesday
8AM–4:30PM
Wednesday
8AM–4:30PM
Thursday
8AM–4:30PM
Testimonials

What people think about Frandsen Bank & Trust?

Below you find some of the reviews of our clients.
Note

Important

Below you can review general information about payday loans and their common aspects.

Payday Loans in Tower, Michigan

A payday loan is a short-term loan that can help you cover emergency cash needs until you get your next paycheck. Available amounts usually range from $100 to $1,000.

It is hassle-free and speedy to get accepted for payday loans in Tower, Michigan. The APR will be set individually for each applicant and will depend on the personal data the person entered.

APR

369% APR*

Max Loan

600

Min Term

Not Specified

Max Term

31 days

Advantages of Frandsen Bank & Trust that offers payday loans in Tower, Michigan

  • Apply around the clock. You can use the online service at any time of the day and night. The necessary funds will be sent to your bank account as soon as possible. You won't be asked to come to the lender’s store.
  • Only a few documents are required. Payday loans are very easy to access. You an ID and proof of income. Wages and tax statement are not required.
  • Online process. You can finalize the application from the comfort of your home. If approved, the money will be sent to your bank account the same day or the next day.
  • Loan rejection is almost excluded. 94% of applicants are accepted for a maximum loan amount.
  • Bad credit is accepted. Not all people are able to receive a bank loan due to bad credit. Previous delays in loan repayment won't prevent you from getting accepted for a cash advance.
Fill out an application

Information needed to complete a loan application

You will be required to enter the following information:
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

Submit your application to get a loan offer, then review its terms and rates.

Common reasons

Why people apply for cash advances?

Car expenses

4%
Treatment

1%
Vacation

1%
Clothes

1%
Home improvement

1%
Debt Consolidation

1%
Bad Credit Approved

Payday loans for bad credit

Having a low credit score automatically disqualifies you from getting a bank loan. Payday loans give people with a poor credit score an increased chance to get approved for payday loans. A payday loan may be the only option available for some clients to help them deal with unexpected problems. If you take out such a loan, it is relevant that you always borrow within your means and pay off your loan commitments in good time.

To get approved for a loan, you must comply with the following eligibility criteria:

  • be 18 years old or older;
  • be a U.S. citizen or permanent resident;
  • be employed and have a steady income;
  • have a valid checking account in your name;
  • have an email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No ability to get 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 including mortgage
Rate your APR

APR Calculator

Use the below online calculator to quickly calculate the APR and learn the exact cost of the payday loan immediately.

Let's see

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