Personal loans in St. Louis Park, MN
U.S. Census Bureau, ACS 2020–2024 5-year estimates for St. Louis Park, MN.
The median household in St. Louis Park earns $101,648 a year, 14% above the Minnesota median of $89,062. About 7% of residents live below the federal poverty line, and 42.2% of households rent their home.
Minnesota law that applies in St. Louis Park
| 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 St. Louis Park
Lenders that serve St. Louis Park 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 St. Louis Park
What St. Louis Park borrowers use it for
keep getting to work while the shop fixes it
Medical billspay a doctor, dentist or pharmacy bill now
Emergencieshandle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Loans for your situation
How to get a personal loan in St. Louis Park
- 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 St. Louis Park
3 FDIC-insured bank branches from 3 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Associated Bank, National Association | 1 | 5353 Wayzata Blvd, St. Louis Park 55416 |
| The Huntington National Bank | 1 | 8951 W 36th St, St. Louis Park 55426 |
| Wells Fargo Bank, National Association | 1 | 8600 Highway 7, St. Louis Park 55426 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Hennepin County
75 credit-union locations from 25 credit unions.
| Credit union | Location |
|---|---|
| Transit Operations | 725 N 7Th St, Minneapolis 55411 |
| Wings | 6200 Shingle Creek Pkwy Ste 190, Brooklyn Center 55430 |
| Connexus | 5825 Xerxes Ave N, Brooklyn Center 55430 |
| Veridian | 8280 Flying Cloud Dr, Eden Prairie 55344 |
| Baxter | 2 Scimed Pl, Maple Grove 55311 |
| Royal | 4450 W 76Th St, Edina 55435 |
| Affinity Plus | 2520 University Ave Se, Minneapolis 55414 |
| Blaze | 8577 Columbine Rd, Eden Prairie 55344 |
| Trustone Financial | 14601 27Th Ave N, Plymouth 55447 |
| Magnifi Financial | 7951 Elm Creek Blvd N, Maple Grove 55369 |
| Topline Financial | 9353 Jefferson Hwy, Maple Grove 55369 |
| City & County | 5941 94Th Ave N, Brooklyn Park 55443 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Hennepin County · Payday Loans in St. Louis Park · Title Loans in St. Louis Park
Frequently asked questions
Can I get a personal loan with bad credit in St. Louis Park?
Possibly. Lenders in our network consider applicants with fair and bad credit across Minnesota, including St. Louis Park. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in St. Louis Park, 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 St. Louis Park?
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.
How can I get an emergency loan in St. Louis Park?
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.
How long does it take to get a personal loan in St. Louis Park?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in St. Louis Park.
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 St. Louis Park with our free 3-minute form.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
Can I get a personal loan in St. Louis Park with bad credit?
Yes, it's possible. Many lenders in our network work with borrowers who have fair, poor or limited credit, and they look at factors like income and employment, not just your score. Approval and rates depend on your full profile, and nothing is guaranteed, but checking your options is free. St. Louis Park residents can see if they qualify for $100 to $5,000 in about 3 minutes.
Do I need to visit a store in St. Louis Park?
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.