Payday Loans in Sioux Falls, SD
at 102 N Krohn Pl ste 212, 57103
- (605) 501-5525
- 7+ 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 Sioux Falls
1F Cash Advance helps South Dakota residents find emergency cash options when they need money fast. Our Sioux Falls store team provides personalized assistance and can walk you through the application process so you can access the right loan solution tailored to your needs. We are located near the Boys & Girls Clubs of the Sioux Empire and The Community Outreach. Visit us today to get instant cash or a fast deposit from one of the direct lenders in our network.
- 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
Jay Rosario
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Loan Products
Choose an option that works best for your situation.
Short-Term Loans
Max. amount $500
Get quick, short-term assistance for emergency expenses of up to $500 with a payday loan. Use the money to cover unforeseen bills, minor repairs, and other unexpected costs. You can time your due date around your next paycheck.
Installment Loans
Max. amount $5,000
Installment loans provide reliable assistance for larger expenses. They offer amounts of up to $5,000 and flexible repayment options. Suitable for debt consolidation, home improvements, or big purchases, these loans make it easier to manage payments.
How to Apply with 1F Cash Advance
Here’s how you can request small personal loans in Sioux Falls, SD:
Come to a nearby store
Fill out an easy application form in just 5 minutes. Our team is here to make the entire process fast and stress-free.
Get an approval decision
The underwriting process is fast, so you can get a loan decision within minutes.
Receive the money
If approved, walk out with cash right away or get a same-day direct deposit into your bank account.*
*Approval is not guaranteed. A soft credit check will be made to assess your income, employment status, payment history, and current debts. Some lenders perform a hard inquiry after notifying you if you decide to proceed.
Same-day funding is possible for loans finalized before 10:30 am on a banking day. Approvals after 10:30 am, on weekends, or on holidays are funded on the next business day. Instant cash loans are available to in-store applicants who borrow against a post-dated check.
What You Need to Bring to Apply
We only ask for a few basic items to make the application process hassle-free:
- Valid government-issued photo ID
- Social Security number
- Proof of income
- Active checking account details
- Proof of South Dakota address
- Valid cell phone number and email address
About 1F Cash Advance in Sioux Falls, South Dakota
Since 2019, 1F Cash Advance has been serving South Dakota residents who are often overlooked by traditional financial institutions. We help people with any credit history access fast and reliable loan products without judging them based on their credit. Our Sioux Falls store, opened in August 2023, provides personalized, one-on-one services to borrowers who are looking for customized loan options and face-to-face assistance.
We are committed to transparency and compliance with federal and state lending laws. Lenders in our network are licensed in states where they operate and clearly outline all terms to ensure you can make an informed decision. An easy application process, simple requirements, fast funding, and strict data security standards make us a trusted place for emergency assistance in Sioux Falls. By choosing us, you’re choosing a reliable company that puts people first and protects their financial health.
Customer Notice
Payday loans are designed for emergency needs and should only be used as a short-term solution to urgent situations. Extending the repayment period can often lead to a cycle of debt. If you need a longer-term loan option, consider alternatives.
Always make sure you can afford the loan amount you borrow and avoid taking more than necessary. Read all terms carefully and ensure you fully understand the total cost of borrowing. Have a realistic repayment plan in place, and avoid taking out loans if you face ongoing financial problems. People with credit issues should seek credit counseling.
FAQ
Are payday loans legal in South Dakota?
Payday loans are legal in the state but come with certain restrictions. South Dakota is one of only 20 states, plus D.C., that cap payday loan APRs at 36% or less to protect borrowers from high costs that are often associated with payday lending.1
What is the maximum amount I can borrow?
The maximum loan limit available with a payday loan in South Dakota is $500. The amount you qualify for depends on your income and credit history. For larger loan options, consider installment loans of up to $5,000.
What is a payday loan interest rate?
The cost of a payday loan depends heavily on state laws and a borrower’s credit history. In South Dakota, the APR is capped at 36%. Lenders can’t charge more than $1.38 for every $100 borrowed over a 2-week period.
How fast will I get my loan?
Borrowers typically receive their money by the next business day after approval. Same-day funding may be offered to applicants who are approved before 10:30 am on weekdays. If you apply at a store and provide a post-dated check for full repayment, the loan can be issued in cash immediately after approval.
Can I get a loan if I have bad credit?
Our partner lenders consider applicants with any credit. They usually have no minimum FICO score requirements and are primarily focused on factors like your income, employment stability, current debts, and payment history.
Sources
- 1 Center for Responsible Lending — Down the Drain: Payday Lenders Take $2.4 Billion in Fees from Borrowers in One Year — state rate-cap count. January 2025.
