Welcome to Our Online Loan Referral Service

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

Domain Info

Created Date

2004-09-10

Mailing Address

Company Name

Contact Data

Feedback about Frandsen Bank & Trust?

Here you grapple with the reviews of our customers.

Minimum application form, only an ID was needed. Very quick reviewing. The first loan was given with a limit of $500 at fair rate, so far it has been returned on schedule, it can be either extended or repaid ahead of schedule.

Maximillian Wintheiser

I have a problem with paying back a loan at another banking institution. It is inconvenient to borrow from relativies. Therefore, I decided to contact Frandsen Bank & Trust. They really helped.

Terrell Schuppe I

I recommend Frandsen Bank & Trust to everyone, I am applying for the second time. Everything is great!

Enid Moen

A good payday lender. The service quickly reviewed the application and credited the funds to my bank account.

Prof. Dusty Moore

Only an ID is needed to apply. Was on a working trip and needed cash, it turns out that you can credit your personal bank card safely, and most importantly, quickly. Recommend!

Steve Strosin

Pay Attention

Above there are details about a definite lending company. Below every user may grapple with the essence of payday loans.

Payday Loans in Ely, Iowa

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

This financial product in Ely, Iowa is issued simply and quickly. The interest percentage is defined considering the category of the borrower: the more loans are successfully repaid, the more reasonable terms will be guaranteed to you.

APR

337% *

Max Loan

$500

Min Term

Not Specified

Max Term

31 days

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

  • 24/7 operation. Such Internet services allow you to receive funds at any time. Funds are taken out day and night. The transfer will be sent to a card, so a personal visit to the office is not required.
  • No paperwork. The list of required certificates is minimal. In most cases, an ID is needed. 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 deposited within 24 hours after receiving approval.
  • High approval rate. When it relates to small amounts, a positive answer comes up 98%.
  • Availability. Banks impose more stringent requirements on their borrowers. Age restrictions and bad credit will become barriers to taking out a loan. Payday lenders are more loyal to customers. The presence of minor delays and a bad credit does not guarantee denial.

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

Then you have to press a Submit button and recieve an offer.

Why people take out payday loans?

70%

Utility Bills

80%

Healthcare Bills

60%

Traveling

20%

Car Repair

30%

Clothes

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

Bad credit history if one of causes to reject the loan. Payday lenders do not consider this factor the only one to take out a loan in Ely, Iowa. They assess many other factors before issuing a cash advance. One of them is solvency. This is a way to enhance your credit score.

The following common points will be estimated 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.

Rate Your Credit Score

Low Rate

300

Lower than Average

579

  • No way to issue a loan
  • No ability to rent a room
Average Rate

670

High Rate

739

  • 80% of loan approval
  • Apply for all loan types
Great Score

740

Perfect Score

799

  • 95% of loan approval
  • Apply for all loans incl. mortgage

Rate your APR

If you need to find out the APR of the payday loan, you are welcome to apply the calculator. It will specify the cost of the payday loan.

APR Calculator

Other Payday Lenders in Ely, Minnesota

AgCountry Farm Credit Services

161 Redwood 101, Redwood Falls, MN 56283, USA

+1 (507) 637-8721

www.agcountry.com

Security Bank & Trust Co

128 4th Ave N, Brownton, MN 55312, USA

+1 (320) 328-5222

www.security-banks.com

Pine Island Bank

128 S Main St, Pine Island, MN 55963, USA

+1 (507) 356-8328

www.pineislandbank.bank

U.S. Bank ATM - Lakeville

20191 Iberia Ave, Lakeville, MN 55044, USA

+1 (800) 872-2657

usbank.com

U.S. Bank Branch

7830 Century Blvd, Chanhassen, MN 55317, USA

+1 (952) 361-2929

locations.usbank.com

Investors Choice Financial Services Inc.

2648 Broadway Ave, Slayton, MN 56172, USA

+1 (507) 836-8844

www.investors-choice.com

Home Federal Savings Bank

50 14th Ave E # 100, Sartell, MN 56377, USA

+1 (320) 654-4020

www.justcallhome.com

American National Bank of MN

1325 Highway 10 W, US-10, Detroit Lakes, MN 56501, USA

+1 (218) 847-1383

anbmn.com

First National Bank-Coleraine

1220 US-169, Grand Rapids, MN 55744, USA

+1 (218) 327-1101

colerainebank.com

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