Frandsen Bank & Trust Payday Loans Review - Ely, Minnesota

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4 4 reviews

102 E Sheridan St, Ely, MN 55731, USA
+1 (218) 365-6121
www.frandsenbank.com
Friday
8:30AM–5PM
Saturday
Closed
Sunday
Closed
Monday
8:30AM–5PM
Tuesday
8:30AM–5PM
Wednesday
8:30AM–5PM
Thursday
8:30AM–5PM
Testimonials

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Above there are details about a exact lender. Below every user may get acquainted with the essence of payday loans.

Payday Loans in Ely, Iowa

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

It is simple and quick to take out loans in Ely, Iowa. The rates are accured on an individual basis: if a customer repays as much payday loans as possible, he will be offered one of the most favorable terms and rates.

APR

337% *

Max Loan

$500

Min Term

Not Specified

Max Term

31 days

How will Frandsen Bank & Trust help issue a loan in Ely, Iowa?

  • 24/7 operation. Such Internet 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 department is not required.
  • No paperwork. The list of required papers 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 comes to small amounts, a positive decision comes up 98%.
  • Availability. Banks impose more stringent requirements on their borrowers. 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 bad credit does not guarantee denial.
Fill out an application

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

To leave an application, every client should enter 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 out 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 if one of reasons to refuse the loan. Payday lenders do not consider this factor the only one to take out a loan in Ely, Iowa. They rate many other factors before issuing a cash advance. One of them is payment abilities. This is a way to enhance your credit score.

The following general points will be estimated 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

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

Let's see

Other Payday Lenders in Ely, Minnesota

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Affinity Plus Federal Credit Union

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www.affinityplus.org

Frandsen Bank & Trust

59 MN-23, Foley, MN 56329, USA

+1 (320) 968-6238

www.frandsenbank.com

Chase Bank

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U.S. Bank Branch

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FLCC Financing

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+1 (507) 533-6600

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Alyssa Amic-Shega | Fairway Independent Mortgage Corporation Loan Officer

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Aaron Severson, Wings Financial - Mortgage

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First Pace Credit Union

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www.firstpacecu.com