Payday Loans in Sioux Falls, SD
at 102 N Krohn Pl ste 212, 57103
- (605) 501-5525
- 2+ years in business
- Apply in-store 8:00 am - 10:00 pm (Mon-Fri)
- Open on Saturday
- Payday loans, installment loans
- Online application 24/7
1F Cash Advance Store in Sioux Falls
1F Cash Advance offers emergency cash options to South Dakota residents who need quick funds. Our Sioux Falls store provides personalized support with a simple loan process and no credit check, helping residents cover short-term expenses without stress. We are located near the Boys & Girls Clubs of the Sioux Empire and The Community Outreach. Our team is always here to help you find the right loan solution tailored to your unique needs. Visit us today to get instant cash from a direct lender in minutes.
- 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.
Payday Loan Alternatives
Max. amount $500
Get quick, short-term assistance for emergency expenses of up to $500 with our payday loans. Use the money to cover unforeseen bills, minor repairs, and other unexpected costs. Repayment is made within 30 days, allowing you to align the due date with 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 ranging from 2 to 24 months. Perfect for debt consolidation, home improvements, or big purchases, these loans make it easier to manage debt.
How to Apply with 1F Cash Advance
With us, you can request small personal loans in Sioux Falls, SD, in just 3 simple steps:
Come to a nearby store
Complete an easy application form in just 5 minutes. Our team is always here to make the entire process stress-free.
Get approved
The underwriting process is fast due to no traditional credit check performed, making it possible to get a loan almost instantly.
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. 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 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 numbers and email
About 1F Cash Advance in Sioux Falls, South Dakota
Since 2019, 1F Cash Advance has been serving South Dakota residents often overlooked by traditional financial institutions. We help people with any credit history access fast and reliable loan solutions tailored to their unique needs. Our Sioux Falls store, opened in August 2023, provides a personalized approach, professional advice, and customized loans to residents who need in-person assistance.
We stand for transparency and clearly outline all terms to ensure you can make an informed decision. An easy application process, simple requirements, fast funding, and high security standards make us the go-to place for emergency assistance in Sioux Falls. By choosing us, you’re choosing a legitimate loan company that puts people first and operates in full compliance with South Dakota laws to protect your 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 long-term financial solution, 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. Individuals with credit issues should seek credit counseling.
FAQ
Are payday loans legal in South Dakota?
Payday loans are legal in South Dakota but come with certain restrictions. State regulations cap APRs to protect borrowers from predatory lending practices.
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 our 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 $1.39 for every $100 borrowed over a 2-week period.
How fast will I get my loan funds?
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?
We accept applicants with any credit. While there are minimum FICO score requirements, we primarily focus on factors such as your income, employment stability, current debts, and payment history.
