Domain Info
Created Date
1996-09-13
Mailing Address
Company Name
Contact Data
Feedback about First Farmers & Merchants Bank?
Here you read the feedback of our clients.
I borrowed $300 for several days. When the loan was returned, they applied a great commissions, I had to pay almost $400.
Miss Casandra Johns
I contacted First Farmers & Merchants Bank 3 times. First, a text indicating "application approved", then "sign the agreement." After signing: You will be deposited the money. And instead of money, excuse me, contact the company in a month. Why?
Rosario Koelpin
Disappointed! Was refused to issue $1,000. Only $400 was approved.
Mervin Nienow
Sky-scraper interest rate. When paying off a payday loan, some other interest is credited, when registering online on the site, many problems arise. In general, I do not recommend it. Better find another service.
Trent Steuber
I contacted First Farmers & Merchants Bank 3 times. First, a text saying "application approved", then "sign the agreement." After signing: You will receive the money. And instead of money, excuse me, contact the company in a month. Why?
Clement Vandervort Sr.
Pay Attention
Further there will be presented the details about not a definite lender. The information below will tell about common information about payday loans and its specific features.
Payday Loans in Red Wing, Minnesota
Payday loans are a kind of loans issued by payday lender to individuals for a short period of time - usually several weeks. It is issued a small amount: $100-$1,000.
Such financial products as payday loan in Red Wing, Minnesota is issued easily and quickly for a short term: 2-3 weeks. The interest rates are set on an individual basis depending on the personal data: the more payday loans you pay back off, the more favorable rates you will recieve.
APR
200%*
Max Loan
$350
Min Term
Not Specified
Max Term
30 days
How will First Farmers & Merchants Bank help take out a payday loan in Red Wing, Minnesota?
- 24/7 operation. Such Internet services allow you to deposit funds at any time. Money are taken out day and night. The deposit will be sent to a bank account, so a personal visit to the store is not necessary.
- No paperwork. The list of required documents is minimal. In most cases, an ID is sufficient. You do not need to send a certificate of income.
- Online application. The application is filled in and considered much faster than in banks. Money is credited in a mtter of 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 customers. Age restrictions and bad credit will become barriers to issuing a loan. Payday lenders are more loyal to clients. The presence of minor delays and a bad credit does not guarantee rejection.
What data to fill in in the application? - General Info
To leave an application, every borrower should enter the following data:
After filling out an application, submit it and recieve the decision.
Why people issue payday loans?
70%
Utility Bills80%
Healthcare Bills60%
Traveling20%
Car Repair30%
Clothes
What data to fill in in the application? - General Info
If you are refused a loan at bank, the reason may be a bad credit history. This is a factor taken into account when deciding to take out a loan. Microfinance organizations do not consider this factor the only one to take out a loan in Red Wing, Minnesota. The lending company will estimate many points to qualify such as solvency. Payday loans will be a source to improve your bad credit rating into a favorable one.
The following general points will be assessed 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
300
579
- No way to issue 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 incl. mortgage
Rate your APR
If you are going to take out a payday loan, you should calculate its real cost. This calculator will show the APR of the loan.
APR Calculator
Other Payday Lenders in Red Wing, Minnesota
U.S. Bank-Peter Woodward-Mortgage Loan Officer
320 W Broadway Ave, Forest Lake, MN 55025, USA
+1 (651) 982-2272
mortgage.usbank.com
Security State Bank of Warroad
502 Lake St NE, Warroad, MN 56763, USA
+1 (218) 386-1818
www.ssbwarroad.com
ATM Affinity Plus Federal Credit Union
410 W Lincoln Ave, Fergus Falls, MN 56537, USA
+1 (800) 322-7228
www.affinityplus.org
U.S. Bank ATM - Brooklyn Park
7600 W Broadway Ave, Brooklyn Park, MN 55428, USA
+1 (800) 872-2657
usbank.com
