Payday Loans in Minneapolis, MN
at 10 S 5th St #530, 55402
- (612) 594-7076
- 2+ years in business
- Apply in-store 8 am – 10 pm (Mon-Fri)
- Open on Saturday
- Payday Loans, Installment Loans
- Online application 24/7
1F Cash Advance Store in Minneapolis
At the 1F Cash Advance store in Minneapolis, you can get money from a direct lender to cover emergency expenses right away. Visit our downtown office near the Minneapolis Central Library, just steps from Nicollet Mall and the Target Center. Our friendly team will guide you through the entire application process and help you secure the right loan in minutes. Because we don’t require a credit check, you can still apply for payday loans in Minneapolis, Minnesota. Even if you have bad credit, we’ll work to find a solution for you.
- Monday8 am – 10 pm
- Tuesday8 am – 10 pm
- Wednesday8 am – 10 pm
- Thursday8 am – 10 pm
- Friday8 am – 10 pm
- Saturday9 am – 6 pm
- SundayClosed
Payday Loans, Installment Loans
Athena Dittmar
Tried our service?
Available Loans
We offer a range of loan products tailored to meet various needs:
Payday Loans
Max. amount $350
Payday loans are a fast option for emergencies. You can borrow up to $350 and repay it within 30 days without taking on long-term debt. This short-term solution is designed for unexpected expenses and small financial gaps, such as car or home repairs, utility bills, or medical costs.
Installment Loans
Max. amount $5,000
When you need more than a few hundred dollars, take out our small personal loans in Minneapolis with convenient repayment terms. Request up to $5,000 and repay in fixed monthly installments over up to 24 months. Installment loans are usually used for debt consolidation, big purchases, home improvements, or larger emergencies.
How Our In-Store Loan Process Works
Applying for a payday loan with us is fast and easy:
Visit our store nearby
Complete a short form at our Minneapolis location. Our friendly team will help you apply in just 5 minutes.
Get an instant decision
Your application will be verified almost immediately with no credit check required.
Receive your funds
If approved, get cash on the spot or receive the funds via a direct deposit into your bank account on the same or the next business day.*
*If applied before 10:30 am on a workday, you might receive the money in your checking account the same day. Later or weekend approvals will be funded on the next banking day. Cash loans are issued instantly for borrowers who provide post-dated checks for repayment.
What to Prepare Before Applying
Prepare the following items upon your store visit:
- Government-issued photo ID
- Proof of income (pay stubs, bank statements)
- Checking account and routing numbers
- Social Security Number
- Proof of Minnesota address
- Working phone number and e-mail
- Be at least 18 years old
About 1F Cash Advance in Minneapolis, Minnesota
1F Cash Advance is a licensed Minnesota loan company operating in accordance with state laws. Since 2019, we’ve served more than 3,000,000 customers nationwide and continue to provide the same exceptional service to borrowers across the state. Our store in Minneapolis offers personalized assistance and professional guidance to borrowers of all credit backgrounds. The 1F Cash Advance team is always here to help you choose the right option and complete the process with ease.
We stand for transparency and clearly disclose all APRs, fees, and terms, so there are no unexpected costs. We take pride in our speed, accessibility, and strict security standards, making it easier to get legitimate loan options when emergencies strike.
Responsible Loan Usage
Payday loans are only meant for urgent, unexpected expenses. They are not designed to cover ongoing financial needs. Repeated borrowing can trap you in debt. Before applying, check if there are other loan options with more favourable terms. Borrow only what you need and can reasonably afford. If you experience long-term financial problems or credit issues, seek professional counseling.
FAQ
Are payday loans legal in Minnesota?
Yes, payday loans are legal in Minnesota, but only under strict conditions. They must be issued by licensed lenders, fall within specific dollar and time limits, comply with the state’s APR cap of 50%, and include clear contract disclosures.
Can I get a payday loan with bad credit?
1F Cash Advance in Minneapolis doesn't require good credit. We focus on your income and repayment history, rather than your FICO scores. People with bad credit can qualify if they can prove their ability to repay.
How fast can I get a payday loan near me?
Apply at our Minneapolis store and you can get cash immediately upon approval if you borrow against a post-dated check. Applicants who receive the loans via direct deposit get the funds in their bank accounts by the next business day after approval. Approvals before 10:30 am on weekdays are usually funded on the same day.
What’s the limit for payday loans in Minneapolis?
At 1F Cash Advance, we offer payday loans of up to $350. The exact amount you can get is subject to approval based on your income and credit. If you need a higher amount, consider our installment loans of up to $5,000.
What if I can’t repay on time?
Missing a payment might incur late fees. Contact the number specified in your loan agreement right away if you experience problems with repayment. You may be offered an extended payment plan.
