Loans in Lake of the Woods County, MN: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Lake of the Woods County, MN.
The median household in Lake of the Woods County earns $77,546 a year, 13% below the Minnesota median of $89,062. About 6% of residents live below the federal poverty line, and 18.2% of households rent their home.
What you need for a payday loan in Lake of the Woods County
Most Lake of the Woods County applicants can finish in one sitting if they have these ready:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Lake of the Woods County
What Lake of the Woods County borrowers use it for
keep getting to work while the shop fixes it
Rent duecover a short gap before payday
Need money nowthe fastest options online
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
Which loans are available in Lake of the Woods County
Payday Loans Legal
Payday-type loans are legal in Minnesota but capped at a 50% all-in APR: 'consumer small loans' (single-payment loans of $350 or less, Minn.
Personal Loans
Greater of 21.75% APR or 33% to $1,425/19% above; small loans 50%.
Title Loans Legal
Car title loans are allowed in Minnesota only from lenders licensed by the Department of Commerce (industrial loan and thrift or regulated lender), and charges are limited to the…
Banks and credit unions in Lake of the Woods County
Banks with branches in Lake of the Woods County
2 FDIC-insured bank branches from 2 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Border Bank | 1 | 605 Main St W, Baudette 56623 |
| National Bank of Commerce | 1 | 109 W Main St, Baudette 56623 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
No credit-union branch is listed inside Lake of the Woods County. The nearest counties with credit unions:
Credit unions in Beltrami County
3 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Affinity Plus | 1500 Birchmont Dr Ne Ste 45, Bemidji 56601 |
| Trustar | 2313 Trustar Ave Nw, Bemidji 56601 |
Source: NCUA credit union branch data, June 30, 2026.
Credit unions in Koochiching County
2 credit-union locations from 1 credit unions.
| Credit union | Location |
|---|---|
| Trustar | 601 4Th St, International Falls 56649 |
Source: NCUA credit union branch data, June 30, 2026.
All Minnesota counties and cities
Frequently asked questions
Are payday loans legal in Lake of the Woods County?
Lake of the Woods County follows Minnesota law. Payday-type loans are legal in Minnesota but capped at a 50% all-in APR: 'consumer small loans' (single-payment loans of $350 or less, Minn.
Are title loans legal in Lake of the Woods County?
Car title loans are allowed in Minnesota only from lenders licensed by the Department of Commerce (industrial loan and thrift or regulated lender), and charges are limited to the pawnshop maximum of 3% a month plus a limited storage/service fee.
Where can I get a small loan in Lake of the Woods County?
Options include 2 bank locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Lake of the Woods County?
Fill out our short online form from anywhere in Lake of the Woods County. We share it with lenders in our network that serve Minnesota; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I apply for a loan online in Lake of the Woods County?
Yes. You don't need to visit a branch or storefront anywhere in Lake of the Woods County. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve Minnesota. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.
Can I get an emergency loan in Lake of the Woods County?
Yes. When an unexpected bill comes up, Lake of the Woods County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I get a loan in Lake of the Woods County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Lake of the Woods County residents can start any time, and it takes about 3 minutes.
Where can I get a loan in Lake of the Woods County, MN?
You can apply at banks, credit unions and lenders in Lake of the Woods County, or apply online from anywhere in the county. Online requests are often the quickest way to reach several lenders at once. Our free form sends a single request to lenders in our network that serve Minnesota residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.