North Dakota

Compare your loan options in North Dakota

A payday loan in North Carolina might be able to help you out of an emergency

If you’re facing an emergency, you may have been thinking about visiting a payday loan store or website to take out a loan. Before you do, be sure you read our guide on the costs of a loan and the other options you have.

Check into Cash Payday Loan

Check into Cash Loans

Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.

  • Min. Loan Amount: $50
  • Loan Term: Varies by state
  • Turnaround Time: 1–2 business days
  • Total Costs: Varies depending on the amount and your state of residency.
  • Must be 18+
  • No security needed
  • Confidential and secure!

    How do payday loans in North Dakota work?

    The North Dakota Century Code 13-08-01 et seq. governs payday lending. It requires lenders to be licensed and follow specific guidelines when financing loans.

    • Maximum loan amount: $500
    • Loan term: 60 days or less
    • APR: A 14-day $100 loan has an APR of 520%

    You may have any number of outstanding loans at once, but the total must not be more than $600. If you default, you are allowed to renew the loan once, but there is no specified repayment plan put in place by law.

    Consider applying for one of these payday lenders

    Check the websites of any providers you’re interested in to confirm they operate in North Dakota.

    Rates last updated November 20th, 2017
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time Requirements
    Cash Central Payday Loan
    Offers cash loans deposited directly into your checking account or onto an eligible prepaid debit card.
    $5,000
    Varies by state
    1–2 business days
    Must be 18+ years old and have a Social Security number, verifiable income, valid checking account and current phone number.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    NetCredit Installment Loan
    Build a positive credit history with on-time payments and flexible repayment terms. Check your rate without affecting your credit score.
    $10,000
    Varies upon state
    1-3 business days
    Must be 18+ years old, a legal resident of the US and have a Social Security number. Minimum credit score of 550.
    TrustedInstallmentLoans.com Installment Loans
    Customize your unsecured installment loan of $500 to $10,000 through this broker with up to five years to repay it, depending on your terms.
    $10,000
    As soon as the following business day
    You must be 18+, be employed or have a steady income and a SSN.

    Compare up to 4 providers

    What sort of fees will I have to pay?

    North Dakota law outlines the fees you will have to pay for taking out a loan and the possible additional fees you may have to pay if you’re late making a payment.

    • Financing fees: 20% of loan amount + a databasing fee
    • Collection fees: $20 non-sufficient funds (NSF) fee
    • Rollover fees: 20% of the remaining loan amount
    • Finance charge: A 14-day $100 loan costs $120

    How does the application process work?

    All payday lenders will require that you be at least 18 years old, an American citizen or permanent resident and have a regular source of income before you apply. In addition, there will be some basic questions you’ll have to answer. These include information about your employment, your contact details and personal identification details like your ID and Social Security number.

    Should I consider anything else before taking out a payday loan?

    It can be difficult to pay for an emergency like a broken car or unexpected bill, and a payday loan might seem like a great way to get through a tough time. However, because these are so expensive, you should use them as a last resort. Instead, consider some of the other options available to you in North Dakota.

    There are assistance programs like Temporary Assistance for Needy Families (TANF) and Low Income Home Energy Assistance Program
    that can help you with your daily bills. You may also want to look into an installment loan or a debt consolidation loan if you need more time to pay back what you owe.

    Our page has all the details on payday loan alternatives

    Bottom line

    A payday loan can be a good way to make it between checks, especially if you have limited income and are facing some big bills. There are decent laws in place to help protect you as a consumer from being charged too much. Remember that you should read over your loan contract before your sign to know the cost of the loan before you borrow.

    Do you have any more questions?

    You should contact the North Dakota Department of Financial Institutions.

    North Dakota only permits one rollover per loan.

    North Dakota law dictates that you wait three days between taking out payday loans.

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