Mayo Employees Federal Credit Union Payday Loans Review - Rochester, Minnesota

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3.6 14 reviews

155 1st Ave SW, Rochester, MN 55902, USA
+1 (800) 535-2129
www.mayocreditunion.org
Friday
8AM–5PM
Saturday
Closed
Sunday
Closed
Monday
8AM–5PM
Tuesday
8AM–5PM
Wednesday
8AM–5PM
Thursday
8AM–5PM
Testimonials

What people think about Mayo Employees Federal Credit Union?

Below you see some of the testimonials of our clients.
Note

Important

Above there is information about a precise lender. Below you can see common characteristics of payday loans.

Payday Loans in Rochester, New York

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

Payday loans in Rochester, New York is are easy to get. The APR is specific for each borrower and depends on several aspects: age, income, loan amount needed, loan term, credit score, etc.

APR

25% small loan cap

Advantages of Mayo Employees Federal Credit Union that offers payday loans in Rochester, New York

  • Apply around the clock. You can use the online service at any time of the day and night. The necessary money will be deposited 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 complete the application from the comfort of your home. If approved, the money will be transferred 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 get a bank loan due to poor credit. Previous delays in loan repayment won't prevent you from getting accepted for a cash advance.
Fill in 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

Click a “Submit” button to recieve a loan offer from one of the lending companies.

Common reasons

Why people take out payday loans?

Car expenses

Treatment

Vacation

Clothes

Home improvement

Debt Consolidation

Bad Credit Approved

Payday loans for bad credit

Having a poor credit score automatically disqualifies you from getting a bank loan. Payday loans give people with a poor credit score an increased chance to get accepted for such loans. A payday loan may be the only financial product available for some clients to help them cover urgent expenses. If you take out such a loan, it is important that you always borrow within your capabilities and pay back your loan commitments on time.

To get approved for a cash advance, you have to meet 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

If you want to learn the real APR of the loan before applying, you can use the online calculator. It will help you determine the real cost of the cash advance loan in a few minutes.

Let's see

Other Payday Lenders in Rochester, Minnesota

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ACE Cash Express

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U.S. Bank Branch

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CFSC New Money Express

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U.S. Bank ATM

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locations.usbank.com

American Equity Bank

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+1 (952) 939-7200

www.equitybankmn.com

Edward Jones - Financial Advisor: Mike Benz

26 N Broadway St, New Ulm, MN 56073, USA

+1 (507) 354-0017

www.edwardjones.com

American Federal Bank

304 N Broadway, Crookston, MN 56716, USA

+1 (218) 281-3305

www.americanfederalbank.com

MidCountry Bank (Lobby & Drive-Thru Open)

14617 MN-7, Minnetonka, MN 55345, USA

+1 (952) 931-2200

www.midcountry.bank