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1 reviews

1275 W 4th St, Rush City, MN 55069, USA
+1 (320) 358-0800
www.northwoodsbank.com

Domain Info

Created Date

1996-05-25

Mailing Address

PO BOX 112, PARK RAPIDS, MN, 56470-0112, United States

Company Name

Northwoods Bank of Minnesota

Northwoods Bank of Minnesota

Contact Data

[email protected]

+1.2187327221

Feedback about Northwoods Bank of Minnesota?

Here you get acquainted with the feedback of our clients.

I contacted Northwoods Bank of Minnesota 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, address the company in a month. Why?

Alana Abbott

100% sleeky company. They ask for a photo then spread on the Internet. They lie that it is approved, so that you sent them a card data and an ID photo.

Mr. Ronaldo Pollich

I issued payday loan from Northwoods Bank of Minnesota 2 times. Paid off successfully, and wanted to issue more, but they approved a smaller loan.

Dominique Considine

Pay Attention

The first three points describe the certain lender. In other turn, below-specified info makes people grapple with common information about payday loans.

Payday Loans in Rush City, Minnesota

According to the definiftion, a payday loan is a lending option taken out for a short term: 2-3 weeks. A small loan is approved: $100-$1,000.

Such financial products as payday loan in Rush City, Minnesota is issued simply and quickly for a short time span: 2-3 weeks. The interest rates are set on an individual basis relative to the personal data: the more payday loans you pay back off, the more favorable rates a customer will recieve.

APR

200%*

Max Loan

$350

Min Term

Not Specified

Max Term

30 days

How will Northwoods Bank of Minnesota help issue a payday loan in Rush City, Minnesota?

  • 24/7 service. Such online services allow you to credit funds at any time. Funds are issued day and night. The loan will be sent to a credit card, so a personal visit to the office is not necessary.
  • 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 out and processed much faster than in banks. Money is deposited in a mtter of 24 hours after receiving approval.
  • High approval level. 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 borrowers. The presence of minor delays and a low credit rating does not guarantee denial.

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

To leave an application, every customer should fill in 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

After filling out an application, submit it and get the offer.

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 reasons to deny the loan. Microfinance organizations do not consider this factor the only one to issue a loan in Rush City, Minnesota. They assess many other factors before taking out a loan. One of them is solvency. This is a way to improve your credit history.

The following general points will be estimated before applying for a cash advance:

  • 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 are going to issue a loan, you should calculate its definite cost. This calculator will show the annual percentage rate of the loan.

APR Calculator

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