BestPaydayLoansNearMe
Verified Platform

The Best Payday Loans in Parshall, ND

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

3
Top Lenders
4.1/5
Avg Rating
12
Avg Experience
228
Total Reviews

Top Payday Loan Lenders in Parshall

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

1

Cash Plus

Cash Plus

★★★★☆
4.2/5

Cash Plus is a well-established regional payday lender serving communities across North Dakota including Parshall. With over a decade of operation, they've built a strong reputation for reliable short-term lending solutions. They offer same-day funding options and have multiple locations throughout the state, making them accessible to Parshall residents. Their customer-focused approach and transparent fee structure have earned them consistent positive reviews from North Dakota borrowers.

Experience:14 years
Reviews:89 customer reviews
112 Main Street, Minot, ND

Loan Types:

Payday LoansCash AdvanceCheck Cashing
2

Quik Cash

Quik Cash

★★★★☆
4.1/5

Quik Cash operates several locations in North Dakota and specifically serves the Parshall area with their short-term lending products. They specialize in fast approval processes and flexible repayment options. As a state-licensed lender, they maintain compliance with North Dakota lending regulations while providing essential financial services to rural communities. Their Minot location serves as a regional hub for Parshall residents seeking payday loans and other short-term financial solutions.

Experience:12 years
Reviews:76 customer reviews
1820 South Broadway, Minot, ND

Loan Types:

Payday LoansInstallment LoansTitle Loans
3

Money Now

Money Now Payday Loans

★★★★☆
4/5

Money Now is a North Dakota-based payday lender that serves communities throughout the state, including Parshall. They've built their reputation on providing quick access to emergency funds with straightforward application processes. Their Bismarck location serves as a central point for customers across North Dakota, and they offer both in-person and online application options. With over a decade of experience, they understand the unique financial needs of North Dakota residents and provide reliable short-term lending solutions.

Experience:11 years
Reviews:63 customer reviews
1341 West Divide Avenue, Bismarck, ND

Loan Types:

Payday LoansCash AdvanceEmergency Loans

Frequently Asked Questions

Common questions about payday loans in Parshall, North Dakota

What are the eligibility requirements for a payday loan in Parshall, ND?

To get a payday loan in Parshall, you must be at least 18 years old, have a valid government-issued ID, provide proof of North Dakota residency, show consistent income (typically at least $1,000 monthly), and have an active checking account. Most Parshall lenders require recent pay stubs or bank statements as income verification. While credit checks are minimal, lenders will verify your ability to repay the loan.

What are the maximum costs and fees for payday loans in Parshall, North Dakota?

North Dakota state law caps payday loan fees at 20% of the first $500 borrowed and 7.5% on amounts above $500, plus a maximum $20 verification fee. For example, on a $400 loan in Parshall, the maximum finance charge would be $80. The total cost cannot exceed 652.17% APR under state regulations, though most Parshall lenders charge rates well below this maximum.

How long do I have to repay a payday loan in Parshall, and what happens if I can't pay on time?

Payday loans in Parshall typically have terms of 60 days under North Dakota law, which is longer than many states. If you can't repay on time, North Dakota requires lenders to offer an extended payment plan at no additional cost. You must request this plan before your due date, and the lender must provide at least four equal installments over 60 days with no extra fees.

Are there any special regulations for payday loans specific to Parshall or Mountrail County?

While Parshall follows North Dakota state regulations, Mountrail County residents should know that state law prohibits loans over $500 and limits borrowers to two simultaneous payday loans. The North Dakota Department of Financial Institutions regulates all lenders operating in Parshall, ensuring compliance with state caps on fees and mandatory extended payment plans. Local Parshall lenders must be licensed with the state to operate legally.

What alternatives to payday loans are available for Parshall residents facing financial emergencies?

Parshall residents have several alternatives including local credit unions like Starion Bank which offer small personal loans, emergency assistance programs through Mountrail County Social Services, and payment plans with local utility companies. The Fort Berthold Reservation also provides financial assistance programs for qualifying tribal members. These options typically offer lower interest rates and more flexible terms than payday loans.

Financial Insights

Getting Same Day Personal Loans in Parshall, ND: A Local's Guide to Quick Cash

Life in Parshall, ND, can be full of unexpected twists, from a sudden car repair needed for those long drives across the plains to an urgent home fix before the next big winter storm. When your budget is stretched thin and time is of the essence, a same day personal loan can be a vital financial bridge. For residents of our tight-knit community, understanding how to access these fast funds locally and responsibly is key to navigating a cash crunch without added stress.

Understanding Your Local Options In Parshall and across Mountrail County, your most direct path to a same day loan often involves online lenders. While we may not have a plethora of physical storefronts right in town, reputable online platforms can deposit funds into your bank account within 24 hours, sometimes even the same business day if you apply early. This is especially helpful given our rural setting. Before you apply, it's wise to check with local credit unions or community banks in the region, as some may offer fast personal loan decisions for members. Always verify the lender is licensed to operate in North Dakota, as state regulations are in place to protect you.

Smart Borrowing Tips for Parshall Residents When seeking a same day loan, a little preparation goes a long way. First, have a clear plan for the money and borrow only what you absolutely need to cover the emergency. Since these loans are often for smaller amounts and shorter terms, the costs can add up quickly. Be sure you understand the full repayment amount, including all fees and the APR (Annual Percentage Rate). North Dakota law caps rates, but terms vary. Next, gather your basic information beforehand: proof of income (like recent pay stubs from local employers), your active checking account details, and a valid ID. Applying early in the day can significantly increase your chances of receiving funds before the close of business.

Considering the unique economic rhythms of our area—tied to agriculture, energy, and seasonal work—it's crucial to assess your repayment strategy against your income flow. Avoid the cycle of debt by ensuring the loan payment fits comfortably within your budget after covering essentials. Exploring alternatives, such as asking for a payment extension with the bill issuer or seeking assistance from local community organizations, can also be prudent first steps.

A same day personal loan can be a practical solution for Parshall folks facing a genuine, unexpected shortfall. By choosing transparent lenders, borrowing mindfully, and having a solid repayment plan, you can address your immediate financial need and get back to enjoying the peace and community of our North Dakota home.

same day personal loans

Nearby Cities

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

How We Rate Parshall Lenders

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

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 Parshall?

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