North Dakota payday loans
North Dakota payday loans

Online Payday Loans in North Dakota

  • Cash Loans Near Me
  • Poor Credit History Accepted
  • Licensed direct lenders only
  • Same-Day Approval Decision
  • Easy Loan Application
  • No Phone Calls

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North Dakota Payday Loans - General Terms & Fees

Short-term cash advances up to $500 are legal in North Dakota (N.D. Cent. Code 13-08-01 et seq.1). Also, borrowers can obtain $1,000 – $5,000 installment and $5,000 – $35,000 personal loans. The maximum repayment term for small loans is 60 days. The maximum APR (Annual Percentage Rate) doesn’t exceed 520%. The finance rate is 20% plus a database fee. Residents can get only one rollover. But they’ll have to pay about 20% of the amount to renew it. Also, there is a 3-day cooling-off period between the loans. The NSF (non-sufficient funds) fee is $20.

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History of Lending Industry in North Dakota

1990s: Payday lenders operated pawnshops and charged triple-digit interest rates. State lawmakers had to ask pawn shops to seize payday loan deals at a time when interest rates were inflated. However, there was no separate regulation for the industry.

July 1, 2001 – North Dakota’s first Payday Loan Act passed. The law sets a limit on loan interest and fees at 20% of the loan amount. Many payday loan stores are officially open.

2006 – The Military Loan Act effectively limited payday loans offered to the military at 36% APR. There are no exceptions to this federal law, so no North Dakota lender can offer loans to the military with an annual interest rate of more than 36%.

April 1, 2013 – N.D. Century code changed 1308.

June 2, 2016 – The Consumer Financial Protection Bureau (CFPB) has proposed a payday loan rule that is not yet fully in effect (the federal rule is expected to be in November 2020).

Present: North Dakota still adheres to the same payday loan regulations it enacted in the 2000s.

Cash Loan in North Dakota – Definition

You can discover many definitions of cash loans. Basically, it is a sum of money given by a lender for a period of time until the borrower receives their next paycheck. You can borrow between $100 and $1,000. It all depends on the state you live in. For example, Colorado payday loans have some restrictions on the maximum amount which is $500. All states have different legitimate loan applications. It’s important to note that payday loans only work as short-term solutions. The main goal of microfinance companies is to solve urgent tasks that require small amounts of money. You can choose between two ways to obtain money: online or in-person. Read and learn important information about how to get North Dakota same-day payday loans online.

1F Cash Advance has quickly gained popularity among network users due to its simplicity, reliability, and speed. This form of fundraising is a useful alternative to bank loans. However, it also has its own nuances and properties. The main advantage of getting a loan online is convenience and simplicity because you don’t have to go to a financial institution as often. Also, a bank will only lend to you if your credit score matches their requirements.

Reasons to Get Easy Payday Loans in ND

There are a myriad of reasons why you might need some extra cash in North Dakota. But if you find yourself in one of these situations, 1F Cash Advance is at your service.

Your bank has not given you a loan. No one is protected from a personal financial crisis. But in reality, getting a bank loan or modified mortgage loan is not easy and it can take a whole month or even a year to convince the lender. Getting a quick short-term loan to cover your expenses is much quicker.

You are struggling to cover utilities, rent, bills, and grocery shopping. In fact, this may be the main reason you need a fast loan. About 70% of people in the US use a small down payment to manage daily expenses or consumer needs. These costs include credit card payments, utilities, rent, and non-cheap groceries. These borrowers experience a constant shortage of cash and use cash loans to cover their expenses.

You need to cover your credit card debt. You know how every credit card company collects debts and payments, right? They start calling you five times a day and sending you threatening letters until you pay off the debt. So, if you’re sick of your annoying collectors and want to let them go, we will be happy to help. There is also the risk of maxing out your credit card. In this case, the down payment can cover the cost of the overdraft. These two reasons make payday cash loans worthwhile.

You do not want to borrow from your relatives and friends. Some people seek financial help from their families. If that’s your case, online personal loans in North Dakota (ND) can help you get some money to solve your problems without involving your close relatives.

You have to pay off debts that could cost you if you miss them. Depending on the type of agreement you sign with other lenders, you risk significant penalties or even losing some of your assets, such as equipment or even your car if you miss payments. This is one of those cases where the interest on the loan you have to pay will be a minor issue compared to your main debt.

Payday Loans in ND – Working Process

We are committed to providing all our customers with the best possible solutions to meet their financial needs and take their worries away. Our network of lenders offers fast approval decisions and a variety of terms to choose from to ensure your needs are met without additional debt. Our service is always free and without obligation for you.

This is how payday loans work online in North Dakota:

  • Apply online now or in-store near you.
  • Receive an approval decision on the same day.
  • Get your money on the next business day.

How Much Payday Cash Advances Cost in North Dakota?

  • Borrowers can receive up to $500.
  • Approved lenders are not allowed to make short-term lending transactions with customers with a total outstanding balance greater than $600. This unpaid amount will be paid to the lender or to another party authorized under N.D. Cent. Code 130801.
  • Lenders operating in North Dakota may charge a percentage of up to 20% of the loan amount, which means that the customer will pay up to $20 out of every $100 borrowed.
  • Approved lenders have the right to charge a short-term loan service fee, provided that such fee does not exceed 20% of the amount paid by the lender to the borrower. Fees cannot be considered interest for any purpose. No other fees or charges may be assessed for short-term loan services except for an amount that does not exceed the cost to the approved lender. He may be charged for initiating the transaction and storing it in a database administered or authorized by the State Commissioner.
  • The difference is that in North Dakota, a borrower is allowed to hold a loan for 60 days, and the average limit in other states is 30 days.
  • Rollovers are allowed in North Dakota, however, the amount of the fee cannot exceed 20% of the loan.
  • A 3 business day deferral period is required before the next consecutive loan is issued.

Example of Loan

North Dakota 1F Cash Advance loan agreements are governed by the State of ND under License No. DP101984.

Loan Amount: (amount financed) $100
Finance Charge: (cost of loan)
*Assuming all payments are made as scheduled
Check Amount: (total of payments) $120
APR* 521.43% APR for a 14-day loan term,
243.33% APR for a 30-day loan term

Annual Percentage: APR is the cost of your loan expressed as an annual rate. The APR above is based on sample loan terms for a payment (“Check Amount”) that is due in 14 or 30 days. The APR will increase if the actual loan term is shorter than these examples and decrease if your loan term is longer.

Penalties for Late Payments in North Dakota

Short-term lenders are allowed to extend turnaround times to delay collection activities until you’re on track. However, you may incur a fee of up to 20% of the renewal amount.

If you do not request the transfer and the payment is returned to the lender, you will be subject to a $20 NSF charge if stated in the original contract. Accounts sold to debt collectors can also cost you more and lower your credit score.

Discover Your Loan Alternatives in ND

Our lending partners offer borrowers more options. One of the most popular alternatives is an installment loan. This financial product is available to all consumers with needs over $1,000. You can borrow up to $5,000 with a minimum term of 2 months and a maximum term of 24 months. The main advantage is that you can pay monthly, within a flexible payment schedule.

People tend to use cash installments to pay for big expenses like home renovations, vacations, major auto repairs, etc. Looking for more money to cover your unscheduled bills? Use prepayment and do it before your next payday. Save your budget with flexible payments and reasonable rates.

North Dakota Payday Loans Online – Basic Requirements

Applying for a quick loan in North Dakota is easy with 1F Cash Advance, but there are a few requirements you should know about.

  • You must be 18 years of age or older. Lending money to people under this age is illegal in the United States. So if you are over 18, you meet the first requirement.
  • Must be a legal resident of North Dakota. To get a short-term loan in ND, you will need to confirm your legal status by providing your contact address. Then the success of the loan is almost guaranteed.
  • Bad credit is not a problem, but you still need a steady source of income and earn at least $1,000 per month. Therefore, we can be sure that you can process the refund.
  • You must not be a bankruptcy debtor.
  • For instant approval, you need a valid phone number and email address. If you do not provide us with this information, we will not be able to contact you.
  • Valid checking account.

All we need from you is personal information such as your social security number, your name and address, and the amount you want to borrow. After providing us with the necessary details, once the information has been approved, your lender will contact you to confirm all the terms of the contract.

A small cash advance can be a useful and convenient asset in dealing with emergency situations. But remember, this type of loan cannot cure serious financial problems. Borrowing too many loans from a few companies at the same time is not the best decision, as you may put your financial stability at risk.

Follow the Application Steps for Guaranteed Payday Loans

Do you know you need a loan but don’t know whether your application is likely to be accepted, how much money you need or what is the best option for you?

  • Learn about your credit score. Before you start applying for a loan, you should know your credit score.
  • Choose the loan amount. There are a number of different reasons you might want to take out a loan. Therefore, it is important to think carefully about how much money you will need before you begin.
  • Know the monthly payments. Before you sign up, it’s important to know how much you can pay off your loan monthly.
  • Fill in the request form. Are you satisfied with steps 1 to 4 and ready to submit your application? We’ve got you covered. Fill out the loan application form and send it to us. We will pass your application to our network of trusted lenders so they can offer you your North Dakota loan.

No Hard Credit Checks Performed for Loans till Payday in ND

Traditional lending companies will review your credit history to determine your creditworthiness and ability to repay potential loans. This way, they can assess the loan risk. People with lower credit scores often get loans at higher interest rates because they are seen by lenders as potentially risky.

Many people with credit scores below 580 have difficulty getting a loan, and each time they apply and have their credit report denied, their credit score suffers even more. But even if you have bad credit, you can still apply for a bad credit loan. The same situation occurs also for payday loans in Oregon. Unlike a traditional physical check, many lenders today perform a “soft check” without affecting your creditworthiness.

If you apply for a loan without a credit check, your application will be evaluated based on employment, current loans, and other credit information to provide a picture of your financial situation without straining your credit level.

No-credit check loans have a simple application process and are often very quick to get approved, allowing you to get quick access to a loan without worrying about your creditworthiness.

There are generally no prepayment penalties and paying on time installments will help improve your credit score by reporting your payment activity to the major credit bureaus. This way, you can improve your credit score and increase your chances of getting a better deal on your next loan.

Online Cash Advances Till Payday in ND - Available Cities

1F Cash Advance wants to help consumers all around North Dakota State discover the best financial solutions. That is why we provide online payday loans in the following cities: Fargo, Bismarck, Grand Forks, Minot, West Fargo, Williston, Dickinson, Mandan, Jamestown, Watford City

Why We Are the Best for Your Payday Loan in ND

We pride ourselves on offering the best payday loan relief option for people struggling with debt and looking for a strategic partner to help them achieve financial freedom.

If you are having difficulty making ends meet and need a way out, we can help. Payday loans are a quick fix for many people who need quick cash, but the interest rates on these loans are high and will add to your expenses over time.

Our payday loan consolidation specialists can put you back in control of your financial situation without paying exorbitant fees or dealing with aggressive collection tactics from debt collection agencies.

We’ve been helping clients cover their needs for years because we know how difficult it is when life throws you an unexpected curveball. With our affordable loan products, friendly staff, and prompt service, we want to be your trusted partner in consolidating your payday loans.

Payday Loans Near Me in ND

If you Googled “payday loans near me,” stop searching because you’ve come to the right place. 1F Cash Advance is here to find hundreds of lenders in your area who offer payday loans at reasonable interest rates in your state. Feel free to browse our website for more information on payday loans in North Dakota.

Apply Now for a Payday Loan in North Dakota

We understand that loans can be complicated and there is a lot of information to digest. However, if you have the right knowledge and understanding, you can be sure that you will find the right loan for yourself.

Don’t be intimidated when applying for a payday loan in North Dakota. Just remember to be clear about what you can pay, research the risks, understand the contractual clauses and agree on the payment terms that match your income.

Offline Option - In-Store Payday Loans North Dakota

Do you have unforeseen expenses? Get a short-term loan from our North Dakota office. Bad credit is good. Our team will provide you with more information about the high-risk loans we offer to our clients. Get a transparent offer with clear formula conditions. In addition, our branch manager ensures that you have all the information you need to make an informed decision.

1F Cash Advance Payday Loans Store Location in North Dakota

Branch name: 1F Cash Advance North Dakota

Address: 1257 36th St S, Fargo, ND 58103

Phone: (888) 847-2909

Email: [email protected]

Branch Manager: George Finlay

Monday – Friday: 8:00 am to 10:00 pm
Saturday: 9:00 am to 6:00 pm
Sunday: Closed


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Cash Advance Services Available

Payday Loans in ND

Our most popular products are payday loans of up to $ 1,000 that eligible borrowers can apply for. Customers have the option of choosing from flexible amounts. Apply for a loan of $250, $300, $500, $550, $700, $900, or $1,000 online or in store. State restrictions may apply to maximum amounts. Loan terms of up to one month allow clients to quickly pay off their debts.

Installment Loans in ND

1F Cash Advance offers installment loans that you can pay in fixed monthly installments. It is an ideal solution for those who need more time. Amounts up to $5,000 are available for customers who want a quick loan. With installment loans, a bad credit score is not an issue. You’ll receive near-instant credit decisions and guidance throughout the process, whether you apply via smartphone or in person at one of our offices. These basic requirements make installment loans easy and affordable for all North Dakota residents.

Check Cashing in ND

Most of our retail stores offer cash by check. This is a convenient option for customers who need cash on the go. No long lines at the bank, no checking account needed. Get your money in minutes.

Find a Payday Loan Store Near Me

Benefit from a personalized approach at one of our branches. Not in North Dakota? No problem. Visit our offices in California, Florida, Illinois, Kansas, Kentucky, Nebraska, New Jersey, South Dakota, Tennessee, Wisconsin. We give you the best service, no matter the location.

Don’t hesitate to ask for all the information you need about short-term loans in North Dakota and other states. Our account managers will help you find the best solution for your financial problems. Apply for a payday North Dakota loan at a local store today and start paying your dues.

Frequently Asked Questions

Are you licensed by the lending regulations of North Dakota?

1F Cash Advance only cooperates with authorized lenders who have a license to operate in the state of North Dakota. Every single company is manually verified to ensure your safety.

Are your partners professional and licensed direct loan providers?

We work only with a network of trustful and licensed direct lenders that operate according to the lending laws of ND. Feel free to ask for all the needed information about our lending partners.

What are the other states in which you provide online payday loans?

We provide online loans in the following states: Texas, California, Florida, Illinois, Kansas, Kentucky, New Jersey, Tennessee, Wisconsin, Pennsylvania, Oregon, Washington.

In what cities of CA are payday loans available for consumers?

All the cities of North Dakota are available for consumers to borrow the payday loans they need. But the most popular cities are Cass, Sioux, Rolette, Benson, Pierce, Adams, Eddy, Emmons, Logan, Dickey, Golden Valley, Ransom, McIntosh, Nelson. If you’re a resident of one of these cities, feel free to apply for online payday cash loans.

How to qualify for online payday loans in ND?

You must be at least 18 years old and have a steady income which should exceed $1,000 per month. Also, make sure you have an active bank account, email address, and phone number.

How do North Dakota payday loans from direct lenders work?

They work the same as other financial products. You apply online, receive approval and get your money in the bank account on the next business day. On the due date, the lender will withdraw the loan amount from your bank account. And that’s it!

Can I get a payday loan with bad credit in ND?

Sure! Our lending partners review your creditworthiness, not by the credit score. They will make it assessing your steady income or workplace. Also, you can get a title loan that requires collateral.

Do North Dakota lenders offer no credit check payday loans?

They offer soft credit check loans. It means that loan providers will run only light reviews upon your credit history. These checks won’t affect your credit rating.

How fast can I get a payday loan in ND?

If you apply before noon, the lender will directly deposit your money by the end of the same day. But if you apply in the afternoon, the loan amount will reach the bank account on the next business day.