Personal loans in Bemidji, MN
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Bemidji, MN.
The median household in Bemidji earns $55,405 a year, 38% below the Minnesota median of $89,062. About 21% of residents live below the federal poverty line, and 56.9% of households rent their home.
Minnesota law that applies in Bemidji
| Rate cap | Licensed regulated lenders and financial institutions may charge the greater of (1) 21.75% APR or (2) 33% a year on the part of the balance up to $1,425 plus 19% on the part above $1,425. |
|---|---|
| License required | Yes. |
| Loan sizes covered | Chapter 56 rates apply to loans up to $100,000 (or 15% of a Minnesota corporate licensee's capital and surplus, if greater). |
Full rules with statute citations: Personal Loans in Minnesota. Cities in Minnesota cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Bemidji
Lenders that serve Bemidji typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Bemidji
What Bemidji borrowers use it for
gifts and travel without maxing a card
Medical billspay a doctor, dentist or pharmacy bill now
Moving costsdeposits, trucks and first-week expenses
Rent duecover a short gap before payday
Loans for your situation
How to get a personal loan in Bemidji
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Bemidji
13 FDIC-insured bank branches from 9 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The First National Bank of Bemidji | 3 | 1600 Paul Bunyan Dr Nw, Bemidji 56601 |
| Security Bank USA | 2 | 1025 Paul Bunyan Dr Nw, Bemidji 56601 |
| National Bank of Commerce | 2 | 1260 Paul Bunyan Dr Nw, Bemidji 56601 |
| Wells Fargo Bank, National Association | 1 | 2024 Paul Bunyan Dr Nw, Bemidji 56601 |
| Deerwood Bank | 1 | 1350 Paul Bunyan Dr Nw, Bemidji 56601 |
| KodaBank | 1 | 1060 Paul Bunyan Dr Nw, Bemidji 56601 |
| Bank Forward | 1 | 700 Paul Bunyan Dr Nw, Bemidji 56601 |
| Ultima Bank Minnesota | 1 | 101 Shevlin Ave Sw, Bemidji 56601 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Bemidji
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.
County: Beltrami County · Payday Loans in Bemidji · Title Loans in Bemidji
Frequently asked questions
Can I get a personal loan with bad credit in Bemidji?
Possibly. Lenders in our network consider applicants with fair and bad credit across Minnesota, including Bemidji. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Bemidji, MN?
Greater of 21.75% APR or 33% to $1,425/19% above; small loans 50%.
How fast can I get a personal loan in Bemidji?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
Can I get an emergency loan with bad credit in Bemidji?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Bemidji residents can see if they qualify in about 3 minutes.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Bemidji borrowers who qualify.
How can I get an emergency loan in Bemidji?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Bemidji with our free 3-minute form.
How do I apply for a personal loan with bad credit in Bemidji?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
Do I need to visit a store in Bemidji?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.