Kensington Bank Payday Loans Review - Cokato, Minnesota

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4.7 27 reviews

101 3rd St SE, Cokato, MN 55321, USA
+1 (320) 286-2146
www.kensington.bank
Thursday
8AM–4PM
Friday
8AM–4PM
Saturday
Closed
Sunday
Closed
Monday
8AM–4PM
Tuesday
8AM–4PM
Wednesday
8AM–4PM
Testimonials

Feedback about Kensington Bank?

Here you read the feedback of our customers.
Note

Pay Attention

The first three points specify the certain lending company. In other turn, below-defined info makes readers get acquainted general information about payday loans.

Payday Loans in Cokato, Minnesota

A short-term loan is considered as a payday loan. This is a kind of a financial product taken out for 2,3 weeks. Available loan amounts are from $100-$1,000.

Such financial products as payday loan in Cokato, Minnesota is taken out simply and quickly for a short time span: 2-3 weeks. The interest rates are established on an individual basis depending on the personal data: the more payday loans you pay back off, the more reasonable rates you will get.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

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

  • 24/7 operation. Such online services allow you to get funds at any time. Money are taken out around the clock. The transfer will be sent to a bank account, so a personal visit to the store is not required.
  • No paperwork. The list of required documents 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 in and reviewed much faster than in banks. Money is transferred within 24 hours after receiving approval.
  • High approval level. When it comes to small amounts, a positive answer comes up 98%.
  • Availability. Banks impose more stringent requirements on their customers. Age restrictions and bad credit will become barriers to issuing a loan. Payday lenders are more loyal to clients. The presence of minor delays and a low credit rating does not guarantee denial.
Fill in an application

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

To submit an application, every borrower should fill in 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

After filling in an application, submit it and get the decision.

Reasons

Why people issue payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Bad Credit Approved

Payday loans for bad credit

Bad credit history is a unfavorable factor that is taken into account by financial institutions. Lenders in Cokato, mn consider this circumstance not an obstacle to issue a loan. The borrower of a payday loan should be prepared to objectively assess financial abilities, take out a loan, repay the debt on schedule and not only handle current problems, but enhance the credit history.

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

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

Let's see

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TCF Bank

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MyBridgeNow

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U.S. Bank Branch

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Sterling State Bank

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ATM in Heritage Bank Drive Up

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Stearns Bank N.A. - Albany

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Thrivent Financial - Albert Lea, MN - Peter Zwart

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