What is required to do a loan ?
- North Dakota Residency.
- Minimum Monthly Income of $1,000.00
- Certification that you are not active military or covered by the military lending act.
What is the most I can borrow ?
As we want these loans to be a convenience and easily paid off, the most we will lend is 25% of your monthly take home income up to $500.00. *Based on qualifications.
Loan Period
All loans are for 30 days and all funds are due on maturity or one renewal may be requested prier to maturity date.
Renewals
A loan can be renewed one time only by paying the Finance Charge for an additional 30 days. At that time all funds are due. No loan can exceed 60 days total. After maturity, their is a three business day waiting period before a new loan may be done.
How do I pay my loan or renewal fee?
All funds are electronically transferred from your bank account when due.
New loan waiting period.
There is a three business day waiting period before you can do a new loan once a loan is paid off in full.