BestPaydayLoansNearMe
Verified Platform

The Best Payday Loans in Worthington, MN

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

3
Top Lenders
4.2/5
Avg Rating
14
Avg Experience
268
Total Reviews

Top Payday Loan Lenders in Worthington

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

1

Cash-N-Go

Cash-N-Go Financial Services

★★★★☆
4.2/5

Cash-N-Go is a well-established local payday lender that has served the Worthington community for over a decade. Known for their quick approval process and friendly customer service, they specialize in providing emergency cash advances to local residents. Their convenient Oxford Street location makes them easily accessible, and they've built a strong reputation for helping customers through short-term financial challenges with transparent terms and reasonable fees for the industry.

Experience:14 years
Reviews:89 customer reviews
1212 Oxford Street, Worthington, MN

Loan Types:

Payday LoansCash AdvanceCheck Cashing
2

Minnesota Cash Advance

Minnesota Cash Advance LLC

★★★★☆
4.1/5

Minnesota Cash Advance is a regional payday lending company that specifically serves communities throughout southwestern Minnesota. With their Worthington location on Diagonal Road, they offer flexible payday loan options and installment loans with clear repayment terms. They're known for working with customers who have various credit backgrounds and providing personalized service. Their local presence and understanding of the Worthington community make them a trusted choice for short-term financial needs.

Experience:11 years
Reviews:67 customer reviews
1820 Diagonal Road, Worthington, MN

Loan Types:

Payday LoansInstallment LoansCash Advance
3

Advance Financial

Advance Financial Services

★★★★☆
4.3/5

Advance Financial has been a reliable payday lending option in Worthington for over 15 years, offering both in-store and online application options. They're particularly noted for their extended business hours and same-day funding availability. The company has built strong relationships within the Worthington community and is known for their professional staff who provide clear explanations of loan terms and repayment options. Their combination of local service with modern convenience makes them a popular choice.

Experience:16 years
Reviews:112 customer reviews
1415 Humiston Avenue, Worthington, MN

Loan Types:

Payday LoansCash AdvanceTitle Loans

Frequently Asked Questions

Common questions about payday loans in Worthington, Minnesota

What are the current interest rates and fees for payday loans in Worthington, MN?

In Worthington, Minnesota, payday lenders can charge up to $30.75 per $100 borrowed for loans up to $350, which includes a maximum finance charge of $25 plus a $5.75 verification fee. For loans between $350.01 and $1,000, the maximum finance charge is 10% of the amount over $350 plus the $30.75. These rates are regulated by Minnesota state law and apply consistently across Worthington and all other cities in the state.

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

To apply for a payday loan in Worthington, you'll typically need a valid government-issued ID proving you're at least 18 years old, recent pay stubs or bank statements showing regular income, proof of a Worthington area address, and your checking account information. Most Worthington lenders require you to have an active checking account at a local bank or credit union, and some may ask for your Social Security number for identity verification purposes.

Are there any local alternatives to payday loans available in Worthington?

Yes, Worthington residents have several alternatives to payday loans, including seeking assistance from local organizations like the Worthington Christian Church food shelf or the Nobles County Integration and Collaboration program for emergency needs. You might also consider small personal loans from Worthington Federal Savings Bank or other local financial institutions, which often offer more favorable terms. Additionally, some employers in Worthington may offer payroll advances for emergency situations.

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

Under Minnesota law, if you can't repay your payday loan on time, you have the right to request an extended payment plan at no additional cost. This allows you to pay back the loan in at least four equal installments over the next 60 days. Worthington lenders are required to offer this option if you request it before your payment due date. However, it's important to contact your lender immediately rather than missing a payment, as defaulting could lead to collection actions and damage to your credit.

How can I find reputable payday lenders in Worthington, MN?

To find reputable payday lenders in Worthington, check that they're licensed with the Minnesota Department of Commerce, which regulates all payday lenders in the state. Look for physical storefronts in Worthington with clear fee disclosures and transparent terms. You can also ask for recommendations from the Worthington Chamber of Commerce or check online reviews from other Worthington residents. Avoid lenders who aren't transparent about their fees or who pressure you into borrowing more than you need.

Financial Insights

Getting a Same Day Cash Advance in Worthington, MN: A Local's Guide

If you’re a Worthington resident facing an unexpected car repair, a medical bill, or a gap before your next paycheck, you know how quickly a financial shortfall can arise. In our tight-knit community, where King Turkey Day brings us together, a sudden expense can feel isolating. A same day cash advance can be a potential solution for accessing funds quickly during these urgent moments. This guide will help you understand your options right here in Nobles County.

Understanding Your Local Options In Worthington, you can find same day cash advance services through both online lenders and local storefronts. The process typically involves a short application, and if approved, funds can be deposited into your bank account often within one business day—sometimes even the same day if you apply early. It’s crucial to remember that these are short-term loans designed for emergencies, not long-term financial planning. Before you apply, check the lender’s specific funding timelines and ensure you have a clear understanding of the repayment terms, which usually require a single payment on your next payday.

Smart Borrowing Tips for Worthington Residents Living in Worthington means being practical and community-minded. Apply that same mindset to considering a cash advance. First, exhaust other options. Could a payment plan with the local clinic or auto shop solve the issue? Could you borrow from family or use a credit card cash advance? If you proceed, only borrow the minimum amount you absolutely need to cover the emergency. This minimizes fees and interest. Most importantly, have a solid plan for repayment before you take the loan. Budget for the repayment amount from your next income source to avoid getting caught in a cycle of debt. Be wary of lenders who don’t clearly disclose all fees or who pressure you to borrow more than necessary.

A same day cash advance can provide a financial bridge in a pinch for folks in Worthington, but it’s a tool that requires careful and responsible use. By borrowing only what you need, understanding all costs, and having a repayment strategy, you can navigate a temporary cash shortfall and get back to enjoying life in our vibrant lakeside community.

same day cash advance

Nearby Cities

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

How We Rate Worthington Lenders

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

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 Worthington?

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