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Best Online Short-term Loans in Prior Lake

Need quick cash but don't know where to turn? Short-term money troubles can really stress you out. You might find yourself thinking about how to pay an urgent bill or manage an emergency expense. Don't let financial worries take over. Our Best Cash Advance Short-term Loans can be your perfect solution, bridging the gap until your next paycheck with ease and confidence. Apply today to get immediate relief from those pressing financial burdens, and regain your peace of mind. Fast, flexible, and secure – that’s how we roll!

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Best Online Short-term Loans in Prior Lake

AAT Accounting & Tax Services LLC
Financial institution
5.00
10 reviews

Address: 14333 Shore Ln NE, Prior Lake, MN 55372

Today's Business Hours: 9:00 AM - 6:00 PM

Phone Number: +1 (952) 378-3464

Website: aataccounting.com

Services:

IRS audit representation Irs problems consulting Tax planning Tax problem consulting Bank Financing Elder Care Free Consultation Innocent Spouse Relief Irs Levies Irs Liens Irs Payment Plan Irs Seizures Irs Wage Garnishment Part-Time Cfo Services Quickbooks Setup Quickbooks Training Setting Up
Creditor Advocates Inc
Financial institution
1.70
7 reviews

Address: 4719 Park Nicollet Ave SE #115, Prior Lake, MN 55372

Today's Business Hours: 8:00 AM - 6:00 PM

Phone Number: +1 (866) 357-7522

Website: creditoradvocates.com

Services:

Third party collections Dedicated client support Credit reporting Precollections Accounts receivable management Business office outsourcing Customer service Medical billing service Business to business service Medical A/R financing Retail financing Specialty financing
Digital Cash Processing —
Financial institution

Address: 4719 Park Nicollet Ave SE, Prior Lake, MN 55372

Phone Number: +1 (844) 618-4274

Website: digitalcashprocessing.com/about-us

Services:

Accounting Software Solutions Application Development Careers Services Ecommerce Processing Finance Consulting Management System Development Portfolio Accounting Site Design And Development System Development And Support Trust Accounting Wealth Management

Alternatives to Short-term Loans in Prior Lake

Short-term loans are versatile financial solutions designed to address immediate funding needs. Personal short-term loans are unsecured and provide quick access to funds without collateral, making them suitable for covering unexpected expenses or emergencies. Installment loans, on the other hand, offer a structured repayment plan over a specific period, which can make higher loan amounts manageable through fixed monthly payments. Title loans require the borrower to use their vehicle as collateral, granting lenders security and typically allowing borrowers to secure loans quickly, although failure to repay can result in the loss of the vehicle. Each type serves distinct financial needs, with varying terms and conditions that borrowers should carefully consider before committing.

Best Personal Loan

State Bank of Faribault - Prior Lake Branch
5.00
10 reviews

Short-term personal loans are typically unsecured loans that are granted quickly and without the need for collateral. These loans are ideal for individuals who need a small amount of money urgently. The best personal short-term loan option would be one with a competitive interest rate, flexible repayment terms, and quick approval process. For example, a lending platform that offers online applications with instant decisions and funding within a day can be highly advantageous for borrowers needing immediate funds.

Best Car Title Loan

Carnegie Commercial Lending
5.00
0 reviews

Title loans allow borrowers to use their vehicle's title as collateral to secure a loan, making them easy to qualify for, often without a credit check. However, they come with higher interest rates and the risk of losing the vehicle if the loan is not repaid. Among title loan providers, LoanMart is a well-known option, offering competitive rates and flexible terms to assist borrowers in managing their short-term cash flow needs, while allowing them to retain use of their vehicle during the loan period.

Loan Regulations in Minnesota

In Minnesota, short-term loan regulations are established state-wide to ensure consistent and fair lending practices. These regulations include a maximum loan amount of $350, aimed at preventing borrowers from accumulating excessive debt. Eligibility criteria for these loans generally require proof of regular income and a valid bank account, with lenders also often considering the borrower’s credit history. The loan terms in Minnesota are structured with a maximum duration of 30 days, catering to the short-term nature of these loans.

Regarding interest rates and fees, Minnesota law stipulates a tiered system based on the loan amount, capping charges to safeguard borrowers from exorbitant costs. These comprehensive regulations are in place to balance the immediacy of financial needs with responsible borrowing and lending practices, offering a protective framework for those seeking short-term loans in Minnesota.

Short-Term Loan Calculator

day(s)
%
$

Estimated Payment

$327.12
Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Where to Use Short-term Loan

Individuals with a short-term loan can utilize the funds for essential services like medical expenses at local clinics or hospitals, where immediate care is vital. Car repair shops can facilitate the timely maintenance or repair of vehicles, ensuring mobility for work or personal commitments. Additionally, legal services may require financial support for urgent matters, while funeral services can assist families in managing unexpected expenses. Furthermore, appliance repair or replacement ensures that households remain functional and efficient.

Bodyshop
16801 Industrial Circle Southeast, Prior Lake, MN 55372
+1 (952) 447-6064
Club & Association
16306 Main Avenue Southeast, Prior Lake, MN 55372
+1 (952) 226-6208
College/University
4540 Tower Street Southeast, Prior Lake, MN 55372
+1 (952) 226-0000
Concert Hall
2400 Mystic Lake Boulevard Northwest, Prior Lake, MN 55372
Curtains/Textiles
17070 Revere Way, Prior Lake, MN 55372
+1 (952) 447-6003
Dentist
4670 Park Nicollet Avenue Southeast, Prior Lake, MN 55372
+1 (952) 447-7606
Fitness Club & Center
16731 Highway 13 South, Prior Lake, MN 55372
+1 (952) 440-1660
General Practitioner
3339 Wood Duck Drive Northwest, Prior Lake, MN 55372
+1 (952) 226-2912
Government Office
4646 Dakota Street Southeast, Prior Lake, MN 55372
+1 (952) 447-9810
Hospital
Prior Lake, MN 55372
+1 (952) 233-2995
Hotel/Motel
4175 Quaker Trail Northeast, Prior Lake, MN 55372
+1 (612) 718-4527
Library
Eagle Creek Avenue Southeast, Prior Lake, MN 55372
+1 (952) 447-9783
Local Post Office
4455 Village Lake Drive Southeast, Prior Lake, MN 55372
+1 (952) 447-1062
Museum
3335 Blind Lake Trail Southeast, Prior Lake, MN 55372
Pharmacy
15045 Mystic Lake Drive Northwest, Prior Lake, MN 55372
+1 (952) 233-2900

FAQ

What is a short-term loan?

A short-term loan is a type of credit that is designed to be repaid in a short period, usually within a few months. This type of loan can provide quick access to funds for unexpected expenses.

Can I get a short-term loan with bad credit?

Yes, many lenders specialize in offering short-term loans to individuals with bad credit. However, these loans might come with higher interest rates due to the increased risk for the lender.

How fast can I receive the funds from a same-day loan?

Same-day loans are designed to provide you with funds quickly. If approved, you may receive the money in your bank account within the same day, depending on the lender and your bank's processing times.

What are short-term loans?

Short-term loans are a type of short-term loan that is typically due on your next payday. They are designed to cover immediate cash needs until your next paycheck.

What are the general eligibility criteria for a short-term loan?

Eligibility criteria may vary between lenders but generally include being at least 18 years old, having a steady source of income, and an active bank account. Some lenders may have additional specific requirements.

Are there any risks associated with short-term loans?

Short-term loans often come with high interest rates and fees, making them expensive if not repaid on time. It's crucial to fully understand the terms and ensure you can meet the repayment obligations before taking out a short-term loan.

How can I apply for a short-term loan?

You can apply for a short-term loan online by visiting a lender's website, where you'll need to fill out an application form and provide necessary documents such as identification and proof of income. Some lenders also offer in-store applications.

Find Short-term Loans Near Me

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Prior Lake ZIP Codes

55352
55372
55379