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
North American Banking Company
435 Hwy 96 W, Shoreview, MN 55126, USA
+1 (651) 766-4220
www.nabankco.com
Edward Jones - Financial Advisor: Bart Weelborg, AAMS®
1031 County Road 5, St Peter, MN 56082, USA
+1 (507) 931-7348
www.edwardjones.com
Bridgewater Bank
2445 Shadywood Rd, Minnetrista, MN 55331, USA
+1 (952) 737-4700
bridgewaterbankmn.com
First Security Bank
215 13th St S, Benson, MN 56215, USA
+1 (320) 843-4411
www.firstsecuritybanks.com
