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The Best Payday Loans in Saint Paul, MN

Our research team has identified the top 3 payday loan lenders in Saint Paulbased on experience, customer reviews, approval rates, and transparent lending practices.

3
Top Lenders
4.1/5
Avg Rating
14
Avg Experience
268
Total Reviews

Top Payday Loan Lenders in Saint Paul

Carefully selected based on experience, customer satisfaction, and transparent lending practices

1

Quik Cash

Quik Cash

★★★★☆
4.2/5

Quik Cash is a well-established regional payday lender with a strong presence in the Twin Cities area, serving Saint Paul residents for over a decade. They offer fast payday loan approvals with minimal documentation requirements and have built a reputation for transparent lending practices. Their Saint Paul location provides convenient access for immediate financial needs with extended business hours and multiple loan options including installment loans for those needing longer repayment terms.

Experience:14 years
Reviews:89 customer reviews
(651) 489-2274
1750 White Bear Ave N, Saint Paul, MN

Loan Types:

Payday LoansInstallment LoansTitle Loans
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2

Minnesota Cash Advance

Minnesota Cash Advance

★★★★☆
4.1/5

Minnesota Cash Advance is a locally-focused payday lender that specifically serves the Saint Paul metropolitan area from their nearby Maplewood location. They specialize in same-day cash advances with flexible repayment options and have developed strong community relationships. Customers appreciate their personalized service and straightforward application process. The company maintains full compliance with Minnesota lending regulations while providing accessible short-term financial solutions to Saint Paul residents.

Experience:11 years
Reviews:67 customer reviews
(651) 646-2274
1569 White Bear Ave, Maplewood, MN

Loan Types:

Payday LoansCash AdvanceCheck Cashing
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3

Check 'n Go

Check 'n Go

★★★★☆
4/5

Check 'n Go operates a convenient Saint Paul location that has been serving the community's short-term lending needs for over 15 years. As a reputable regional chain with multiple Minnesota locations, they offer reliable payday loan services with clear terms and professional customer service. Their Payne Avenue location provides easy access for Saint Paul residents seeking immediate financial assistance, with options for both first-time and returning customers needing payday advances or installment loans.

Experience:16 years
Reviews:112 customer reviews
(651) 489-2274
965 Payne Ave, Saint Paul, MN

Loan Types:

Payday LoansInstallment LoansCheck Cashing
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Frequently Asked Questions

Common questions about payday loans in Saint Paul, Minnesota

What are the maximum loan amounts and fees for payday loans in Saint Paul, MN?

In Saint Paul and throughout Minnesota, state law caps payday loans at $350. The maximum fee lenders can charge is the lesser of $50 or 5.5% of the loan amount, plus a $25 documentation fee. This means for a typical $350 loan in Saint Paul, you'd pay approximately $44.25 in fees, making the total repayment around $394.25. These regulations help protect Minnesota borrowers from excessive costs compared to other states.

How do I find reputable payday lenders in Saint Paul?

Look for Saint Paul lenders licensed by the Minnesota Department of Commerce, which regulates all payday lenders in the state. Check online reviews and Better Business Bureau ratings for local storefronts, particularly those in areas like University Avenue or West 7th Street. Avoid lenders who aren't transparent about their fees or try to bypass Minnesota's lending laws. Many Saint Paul residents also use credit unions as safer alternatives for small loans.

What happens if I can't repay my payday loan on time in Saint Paul?

Minnesota law requires lenders to offer an extended payment plan at no additional cost if you cannot repay your Saint Paul payday loan. You must request this plan before your due date, and the lender must give you at least four additional payments over 60 days. Unlike some states, Minnesota prohibits rollovers or new loans to pay off existing ones, preventing debt cycles. Contact your Saint Paul lender immediately if you anticipate repayment difficulties.

Are there local alternatives to payday loans for Saint Paul residents?

Yes, Saint Paul offers several alternatives including the Jewish Family Service of Saint Paul's emergency assistance program, Catholic Charities emergency services, and the Neighborhood Development Center's small business loans. Many Saint Paul credit unions offer small-dollar loan programs with better terms than payday lenders. The City of Saint Paul also provides financial counseling resources through partner organizations that can help residents avoid high-cost borrowing.

What documentation do I need to apply for a payday loan in Saint Paul?

Saint Paul lenders typically require a valid Minnesota driver's license or state ID, recent pay stubs or proof of income (such as bank statements or benefit letters), your Social Security number, and a voided check or bank statement for an active checking account. Some Saint Paul lenders may also ask for proof of residency, like a utility bill. Minnesota law requires lenders to verify your income and ability to repay before approving any loan.

Financial Insights

Finding the Best Payday Loans in Saint Paul, MN: A Local's Guide to Smart Borrowing

If you're a Saint Paul resident facing an unexpected car repair on Snelling Avenue or a medical bill that can't wait, you might be considering a payday loan. These short-term cash advances can be a quick solution, but navigating your options in Minnesota requires local know-how. The Land of 10,000 Lakes has specific regulations, and understanding them is key to finding the best payday loans in Saint Paul without getting in over your head.

Understanding Minnesota's Payday Loan Landscape

First and foremost, Minnesota law caps payday loan amounts at $350. The maximum loan term is 30 days, and lenders cannot charge more than $25 in fees on a $100 loan for a two-week period. This translates to an Annual Percentage Rate (APR) of approximately 390%, which is high but regulated compared to some states. When searching for the best payday loans in Saint Paul, always verify the lender is licensed with the Minnesota Department of Commerce. Reputable local storefronts on University Avenue or West 7th Street, as well as trustworthy online lenders serving MN, will be transparent about these fees and terms upfront.

Tips for Saint Paul Borrowers Seeking the Best Option

Your best strategy starts with exploring all alternatives. Consider a small personal loan from a local credit union like Affinity Plus or Twin Cities Credit Union, which often offer more favorable terms. If you must use a payday loan, borrow only the exact amount you need—never the maximum $350 just because it's available. Have a clear plan for repayment on your next payday to avoid the dangerous cycle of renewal or "rollover," which is restricted but can still trap borrowers. Before you sign, calculate the total cost: a $350 loan with the maximum $87.50 fee means you must repay $437.50 on your due date. Can your budget from your job at the Capitol or a local hospital handle that?

Always read the contract carefully and ask questions. A good lender will explain everything clearly. Remember, the best payday loan is one you use as a last resort and repay immediately. For ongoing financial shortfalls, seek help from local non-profits or financial counseling services in Ramsey County. By borrowing responsibly and with full awareness of Minnesota's rules, you can address your immediate need while protecting your financial stability in our great city.

best payday loans

Nearby Cities

Looking for payday loan lenders in nearby areas? Check out these cities near Saint Paul:

South Saint Paul

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Mendota

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Newport

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How We Rate Saint Paul Lenders

Our comprehensive 5-star rating system evaluates lenders across multiple criteria to help you find the best payday loan provider in Saint Paul.

Experience & Reliability

Years in business, approval rates, and specialization in short-term lending.

Customer Reviews & Satisfaction

Verified customer feedback, testimonials, and overall satisfaction ratings.

Terms & Transparency

Clear terms, competitive rates, and transparent lending practices.

Need a Payday Loan in Saint Paul?

Contact one of our top-rated lenders today for quick approval and competitive rates on your short-term loan needs.

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