Loans in Otter Tail County, MN: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Otter Tail County, MN.
The median household in Otter Tail County earns $72,255 a year, 19% below the Minnesota median of $89,062. About 9% of residents live below the federal poverty line, and 20.5% of households rent their home.
What you need for a payday loan in Otter Tail County
Here's what to have on hand before you start your payday loan request in Otter Tail County:
- 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 Otter Tail County
What Otter Tail County borrowers use it for
keep getting to work while the shop fixes it
Moving costsdeposits, trucks and first-week expenses
Need money nowthe fastest options online
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
Which loans are available in Otter Tail 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 Otter Tail County
Banks with branches in Otter Tail County
27 FDIC-insured bank branches from 18 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| My Kind of Bank, National Association | 3 | 101 S Lake Ave, Battle Lake 56515 |
| Farmers State Bank of Underwood | 3 | 110 Main St S, Underwood 56586 |
| United Community Bank | 2 | 101 1st Ave N, Dent 56528 |
| Midwest Bank | 2 | 105 E Soo St, Parkers Prairie 56361 |
| Wadena State Bank | 2 | 121 Main Avenue East, Deer Creek 56527 |
| Old National Bank | 2 | 2330 College Way, Fergus Falls 56537 |
| Bell Bank | 2 | 11 S Broadway, Pelican Rapids 56572 |
| BMO Bank National Association | 1 | 120 N Mill St, Fergus Falls 56537 |
| Wells Fargo Bank, National Association | 1 | 220 W Washington Ave, Fergus Falls 56537 |
| Farmers & Merchants State Bank of New York Mills, Incorporated | 1 | 11 Walker Ave N, New York Mills 56567 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Otter Tail County
5 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| Affinity Plus | 410 W Lincoln Ave, Fergus Falls 56537 |
| Magnifi Financial | 101 Main Ave N, New York Mills 56567 |
| Mid Minnesota | 1820 W Lincoln Ave, Fergus Falls 56537 |
| Greater Community | 413 W Stanton Ave, Fergus Falls 56537 |
Source: NCUA credit union branch data, June 30, 2026.
Cities in Otter Tail County
All Minnesota counties and cities
Frequently asked questions
Are payday loans legal in Otter Tail County?
Otter Tail 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 Otter Tail 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 Otter Tail County?
Options include 27 bank and 5 credit-union 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 Otter Tail County?
Fill out our short online form from anywhere in Otter Tail 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 Otter Tail County?
Yes. You don't need to visit a branch or storefront anywhere in Otter Tail 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 a loan in Otter Tail 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. Otter Tail County residents can start any time, and it takes about 3 minutes.
Can I get an emergency loan in Otter Tail County?
Yes. When an unexpected bill comes up, Otter Tail 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.
Where can I get a loan in Otter Tail County, MN?
You can apply at banks, credit unions and lenders in Otter Tail 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.