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5 2 reviews

100 N Minnesota St, New Ulm, MN 56073, USA
+1 (507) 233-4700
www.frandsenbank.com
Thursday
9AM–4PM
Friday
9AM–4PM
Saturday
Closed
Sunday
Closed
Monday
9AM–4PM
Tuesday
9AM–4PM
Wednesday
9AM–4PM

Domain Info

Created Date

2004-09-10

Mailing Address

Company Name

Contact Data

Feedback about Frandsen Bank & Trust?

Here you get acquainted with the reviews of our customers.

I issued a cash advance in the amount of $900. With interest, the repayment turned out to be 1,070. The next promised amount is only $1,000. Why if I successfully paid more.

Prof. Brian Konopelski II

I tried to borrow money from Frandsen Bank & Trust. They denied. Well, that's okay. But how many calls, texts and mails came at once. I do not recommend this company.

Teresa Herman

High interest rate. When paying off a payday loan, some other interest is charged, when registering online on the website, many problems arise. In general, I do not recommend it. Better find another site.

Wilfrid Wunsch

Pay Attention

Above-shown info offers the details about a exact lending company. Below-specified info is oriented on general information about payday loans.

Payday Loans in New Ulm, Minnesota

Payday loan is taken out for a short period: 2-3 weeks. The provided loan amounts are $100-$1,000.

Payday loans in New Ulm, Minnesota are issued easily. The interest percentage depends on the client's personal data: if you pay off more payday loans, the more reasobanle terms and rates payday lending companies offer.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

How will Frandsen Bank & Trust help issue a payday loan in New Ulm, Minnesota?

  • Round the clock service. Every customer may contact the service at any time of the day and night. The borrowed money will be transfered to card. You won't be asked to attend any department.
  • No certificates necessary. The list of certificates to get an approval is minimum. You need only an ID. A income certificate is not required.
  • Online form. You have to fill out an online application only. It will be processed in a matter of minutes. The funds are credited in 24 business hours.
  • Fast and high approval rate. The positive offer counts almost 98%.
  • Accessibility. Not all clients are able to issue a loan at banks. Age and bad credit may prevent from issuing a loan. Minor delays and low credit rating won't be a hindrance to take out a cash advance from online lenders.

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

To submit an application, every customer should fill out 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

Submit an application to get terms and rates for an offer from one of lending companies.

Why people take out payday loans?

70%

Utility Bills

80%

Healthcare Bills

60%

Traveling

20%

Car Repair

30%

Clothes

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

Bad credit history if one of causes to reject the loan. Microfinance organizations do not consider this factor the only one to issue a loan in New Ulm, Minnesota. They assess many other factors before issuing a payday loan. One of them is financial capabilities. This is a way to enhance your credit score.

The following general points will be assessed before applying for a 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

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

APR Calculator

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U.S. Bank Branch

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