Loading results according to your criteria. Table of contents. North Dakota Payday Loans Laws. Payday lending in North Dakota is legal and the state has similar laws to the payday laws in many other states. The one thing that sets North Dakota apart from other states in its payday lending laws is the loan term period.
A client can keep a loan for 60 days while other states limit this period to 30 days. Borrowers are allowed to have a minimum loan amount of 500.
However, there is no maximum amount a borrower may take.
44 which including the 3 fee paid from the loan amount, would have a total cost of 329. Representative 29. 82 APR. If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320. 12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720.
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If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender. In some quick loans in tuscaloosa alabama, you may be given the option of obtaining a loan from a tribal lender.