Personal loans in Casselton, ND
Casselton is one of 55 cities we cover in North Dakota. The rules that apply to a lender in North Dakota are set by the state, not by federal law alone. Because the rules are set at state level, the same loan amount can cost different amounts depending on where you live. Compare offers on total cost rather than the headline rate. Every calculator on this page runs in your browser and uses only the numbers you enter.
What to know before you borrow in North Dakota
| Complaint / licensing lookup | Check whether a lender holds a state license through NMLS Consumer Access (nmlsconsumeraccess.org) or the North Dakota Department of Financial Institutions; consumers can file complaints with the North Dakota Department of Financial Institutions or the CFPB at consumerfinance.gov/complaint.Source: Nationwide Multistate Licensing System (NMLS) Consumer Access · as of 2026 |
|---|---|
| Payday lending | Permitted and regulated — maximum loan amount: $500 A licensee may not engage in a deferred presentment service transaction with a customer who has an aggregate value of all outstanding obligations from any one customer exceeding $600 which is payable to the same or any other licensee; maximum loan term: The total period of deferral, including the initial deferral and one renewal, may not exceed 60 days. An individual renewal period may not be less than 15 days. After 60 days the renewed deferred presentment service transaction must be paid off in cash, money order, electronic payment, or cashier’s check by the customer or, if a check is used, the check must be deposited by the licensee.Source: National Conference of State Legislatures · as of 2023 |
| Small-loan / installment licensing | Consumer lenders must obtain a state license (Yes).Source: Conference of State Bank Supervisors · as of 2026 |
| Interest rate cap (usury limit) | Usury limit: 6% (N.D. Cent. Code § 47-14-05); if contract in writing, up to 5.5% higher than average interest on treasury bills, but maximum must be at least 7% (N.D. Cent. Code §47-14-09). Finance rates and fees for licensed lenders: 30% per annum on the portion not exceeding $250 24% per annum on the portion between $250-$500 21% per annum on the portion between $500-$750 18% per annum on the portion exceeding $750 No maximum finance rate and fees on loans greater than $1,000.Source: Conference of State Bank Supervisors · as of 2026 |
See all North Dakota lending rules →
Compare offers in Casselton
The fastest way to compare two offers in Casselton is total cost, not the headline rate. Enter both into the loan comparison calculator and look at the total repaid.
To see how a lender is likely to view the application, run your figures through the debt-to-income calculator.
Check your rate with a lending partner in about two minutes. Checking does not affect your credit score.
Check your rateWe may be paid a commission if you apply through this link. This does not affect our calculators or guides, which are free and independent.
Frequently asked questions
Does North Dakota cap the interest a lender can charge?
Yes, North Dakota sets its own consumer lending rules, including any rate or fee limits. The sourced table above names the regulator and the statute for each figure.
How much can I borrow in Casselton?
Loan amounts depend on the lender and your income and credit profile rather than on the city. Use the calculators above to see what a given amount and term would cost you each month.
How long does a personal loan take in Casselton?
Timelines vary by lender. Some pre-qualify in minutes and fund within a day or two; others take longer because they verify income and employment. A soft pre-qualification does not commit you to anything.
Is a personal loan in North Dakota unsecured?
Most personal loans are unsecured, meaning no collateral is pledged. Some lenders offer secured personal loans backed by a savings account or other asset, which may carry a lower rate.
Nearby cities
- Personal loans in Rugby, ND
- Personal loans in Hazen, ND
- Personal loans in Grand Forks AFB, ND
- Personal loans in New Town, ND
- Personal loans in Bottineau, ND
- Personal loans in Carrington, ND
- Personal loans in Lisbon, ND
- Personal loans in Stanley, ND
- Personal loans in Beulah, ND
- Personal loans in Oakes, ND