What people think about Dorset Bancshares Inc?
Below you see some of the reviews of our customers.
APR too high. People usually borrow money because they’re having a hard time. These loans put you further into debt. Maybe they should lower their interest rates a little…
Liliana Schuppe
Wasted too much efforts with this organization. They charge sky high rates! Seek elsewhere
Jevon Muller
I took out payday loan from Dorset Bancshares Inc twice. Repaid all my loans in a timely manner. Last morning wanted to borrow more, but they approved me for only $500 ???
Connie Greenfelder
The site does not work so I can not apply for the loan…
Mr. Cicero Walker
Pay Attention
The previous three items charactirize a specific lender. But below you can read general details about payday loans.
Payday Loans in Park Rapids, Minnesota
A payday loan is a small, short-term loan that's meant to be paid off with the borrower's next paycheck. Amounts typically range from $100 to $1,000.
Payday loans in Park Rapids, Minnesota is are easy to get. The APR is individual for each borrower and depends on multiple factors: age, income, loan amount needed, loan term, credit score, etc.
APR
200%*
Max Loan
$350
Min Term
Not Specified
Max Term
30 days
Why people take out cash advances?
70%
Car expenses50%
Treatment40%
Vacation30%
Clothes30%
Home improvement
Payday loans for bad credit
A poor credit rating doesn't have to prevent you from applying for payday loans. They are one of the few short-term loan products available to individuals with a poor credit rating. Payday loan approvals depend very much on specific factors. Payday companies will look at your income and subtract all your expenses. Typically, your score won’t be damaged by a payday loan, as long as you repay it in full and on scheduled.
To get accepted for a cash advance, you need to meet the following requirements:
- 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.
Rate Your Credit Score
300
579
- No ability to get a loan
- No ability to rent a room
670
739
- 80% of loan approval
- Apply for all loan types
740
799
- 95% of loan approval
- Apply for all loans including mortgage
Rate your APR
If you are going to take out a loan, you can use an online calculator. It will show the precise APR of your cash advance.
APR Calculator
Other Payday Lenders in Park Rapids, Minnesota
First National Bank-Coleraine
1220 US-169, Grand Rapids, MN 55744, USA
+1 (218) 327-1101
colerainebank.com
UnitedHealth Group Credit Union (Employee Access Only)
9800 Health Care Ln, Minnetonka, MN 55343, USA
+1 (800) 388-7000
www.uhgcu.org
