Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday Loan Stores in Minnesota
Storefront payday loans are not allowed in Minnesota, but 32 installment and title loan stores of 3 chains operate in 17 cities and towns — 0.6 stores per 100,000 residents, compared with 2.6 nationwide.
- Loan stores
- 32
- Store chains
- 3
- Stores per 100k people
- 0.6
- Bank branches
- 1,582
- Median household income
- $92,264
- Poverty rate
- 9.4%
Loan stores by city in Minnesota
Pick a city for the full list of stores with addresses, phone numbers and hours, or scroll down for the smaller towns.
Loan store chains in Minnesota
| Lender | Stores in MN | Cities | Website |
|---|---|---|---|
| OneMain Financial | 17 | 13 | onemainfinancial.com |
| ACE Cash Express | 9 | 2 | acecashexpress.com |
| loanDepot | 6 | 6 | loandepot.com |
Where loan stores cluster in Minnesota
Cities ranked by loan stores per 100,000 residents, with local median household income and poverty rate. Statewide: 0.6 stores per 100k, median income $92,264.
| City | Stores | Per 100k people | Median income | Poverty rate | Biggest chain |
|---|---|---|---|---|---|
| Lakeville | 1 | 1.6 | $140,612 | 3.1% | loanDepot |
| Mankato | 1 | 1.5 | $70,313 | 17.0% | OneMain Financial |
| Minneapolis | 11 | 1.0 | $93,401 | 11.7% | ACE Cash Express |
| Duluth | 1 | 0.8 | $76,777 | 14.0% | OneMain Financial |
| Rochester | 1 | 0.7 | $93,545 | 8.6% | OneMain Financial |
| Saint Paul | 6 | 0.7 | $91,715 | 10.1% | OneMain Financial |
Loan stores in smaller towns of Minnesota
Other cities and towns in Minnesota with loan stores, and the number of stores in each.
- Baxter 1
- Breckenridge 1
- East Grand Forks 1
- Grand Rapids 1
- Hopkins 1
- Lake Elmo 1
- Maple Grove 1
- Moorhead 1
- Shakopee 1
- Waite Park 1
- Willmar 1
Loan stores: storefront locations of major payday, installment and title lenders; online-only lenders and small independent stores are not included. Population, income and poverty: U.S. Census Bureau, American Community Survey.