Get Personal Loans in Minnesota

Q: Do lenders in Minnesota accept bad credit?

Yes, some lenders serving Minnesota specialize in personal loans for bad credit. Online lenders often consider your full financial picture – income, employment, and debt-to-income ratio – not just your score. MaybeLoan works with lenders who serve a range of credit profiles in Minnesota.

Q: How quickly are funds deposited?

From submitting your form to getting funded can be as fast as 24 hours. Many online lenders offer same-day or next-day funding.

Q: Are there restrictions on how I spend the money?

Lenders generally do not restrict how you use the funds. Common uses include debt consolidation, home improvement, car repairs, medical expenses, weddings, and moving costs.

Q: Is MaybeLoan a lender?

We do not issue loans or make credit decisions. MaybeLoan is a free online comparison platform that shows you personal loan offers from multiple licensed lenders serving Minnesota. There are no fees and no pressure.

Personal Loans in Minnesota - Online or Near Me

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Personal Loans in Minnesota

Written by Ryan Abramson | Edited by Alex Khodzinskiy | Last Updated: Oct 2026

Written by Ryan Abramson

Last Updated: Oct 2026

Here's what fees you can expect when obtaining online personal loans in Minnesota:

Personal loan lending status in Minnesota:	Legal
Maximum loan amount in Minnesota:	Up to $100,000 (Minn. Stat. 56.131)
APR cap:	The greater of 21.75% APR, or 33% on the first $1,425 plus 19% above that (amounts are indexed); delinquency fee the greater of 5% or $9.88; administrative fee up to $25 (Minn. Stat. 56.131, 47.59)
Minimum loan term:	Not specified
Maximum loan term:	Not specified
Prepayment penalty:	Prepayment without penalty (Minn. Stat. 47.59 subd. 9)
State Regulator:	Minnesota Department of Commerce

Table Data Updated: October 2026.

Above you can see what fees you can expect when obtaining online personal loans in Minnesota.

Personal Loan Locations in Minnesota

Search 32 personal loan locations in Minnesota by city or ZIP, or use your location to see the nearest first.

32 locations in 3 cities

Integra Credit

4.6★★★★☆(2248 reviews)

120 S LaSalle St # 1600, Chicago, IL 60603, USA

(855) 345-5550

Genisys Credit Union

4.1★★★★☆(89 reviews)

2501 Fairview Ave N, Roseville, MN 55113, USA

(651) 633-8443

AmeriCash Loans - Superior

4.4★★★★☆(75 reviews)

2435 Tower Ave, Superior, WI 54880, USA

(715) 395-9500

OneMain Financial

3.5★★★☆☆(55 reviews)

5109 Minnetonka Blvd, St Louis Park, MN 55416, USA

(952) 926-1780

OneMain Financial

4.0★★★★☆(35 reviews)

4220 Hwy 52 N, Rochester, MN 55901, USA

(507) 281-9906

OneMain Financial

3.9★★★☆☆(24 reviews)

4140 Richard Ave STE 310, Hermantown, MN 55811, USA

(218) 722-7791

US Cash Advance

3.9★★★☆☆(15 reviews)

2413 Nicollet Ave unit A2, Minneapolis, MN 55404, USA

(612) 440-3555

Loan For Any Purpose

4.2★★★★☆(15 reviews)

4135 Asheville Hwy #25, Knoxville, TN 37914, USA

(865) 205-7013

US Cash Advance

4.5★★★★☆(14 reviews)

238 6th St E #2, St Paul, MN 55101, USA

(651) 661-5016

Primo Personal Loans

4.8★★★★☆(13 reviews)

401 Wabasha St N Ste #104, St Paul, MN 55102, USA

(651) 505-8584

Also in Minnesota: Payday Loans in Minnesota Personal Loans in Minnesota

A personal loan in Minnesota is a fixed-amount loan available from a range of regulated financial institutions. Borrow from $1,000 to $50,000 and repay in fixed monthly installments.

Personal loans give you a lump sum upfront and a clear repayment schedule. Use the funds for almost any legal purpose – no restrictions.

Benefits of Using MaybeLoan

Compare multiple lenders at once – get rates from top lenders serving Minnesota without applying to each one separately
Soft check only at comparison stage – the matching process will not lower your credit score
See the full cost upfront – monthly payment, total interest, and APR clearly shown
All credit types considered – we work with lenders for a range of credit scores
Free service – lenders pay us, not you

Compare Lenders in Minnesota! ➤

The Application Process

Getting a personal loan in Minnesota through MaybeLoan takes just a few minutes.

Step 1: Fill out the quick online form – name, address, income, and desired loan amount
Step 2: See your offers – compare real rate offers instantly
Step 3: Pick your loan – select the offer that fits your budget
Step 4: Get funded – typically within 1-3 business days, sometimes same day

Who Qualifies

To qualify for a personal loan in Minnesota, most lenders require:

Must be at least 18
U.S. citizen or permanent resident
Active checking account in your name
Steady employment, self-employment, or benefits
Social Security number

Different lenders have different minimums. Prime lenders typically look for 660+. MaybeLoan works with lenders across the credit spectrum.

What to Expect

Personal loan APRs in Minnesota typically range from about 6% to 36%. Those with fair credit (580-660) typically see rates of 15-30% APR.

Always compare at least 2-3 lenders before deciding.

Find My Rate in Minnesota! ➤

FAQ - Personal Loans in Minnesota

Do lenders in Minnesota accept bad credit?

How quickly are funds deposited?

Are there restrictions on how I spend the money?

Is MaybeLoan a lender?

By Ryan Abramson Last Updated: October 2026

Ryan Abramson is an independent financial consultant with 20+ years in banking and consumer credit. He has held senior roles at two U.S. banks, advising clients on lending products, credit risk, and personal finance strategies. Ryan holds dual degrees in economics and finance. His writing on MaybeLoan focuses on helping borrowers understand loan terms, compare lenders, and make informed decisions under financial pressure.

Edited by Alex Khodzinskiy Personal Finance Editor & Fintech Strategist

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