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MoneyGram in Minneapolis, MN

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MoneyGram is a money transfer and payment services provider operating at physical locations nationwide, offering check cashing, money orders, wire transfers, and bill payment services.

Data compiled from public sources

MoneyGram Review

MoneyGram operates as a financial services network with physical locations across the United States, including the referenced Super Latino location at 1112 E Lake St in Minneapolis. The company specializes in facilitating money movement and payment transactions for consumers who prefer in-person service or lack traditional banking access. MoneyGram's primary service offerings include check cashing, money order issuance, domestic and international wire transfers, and bill payment processing at partner locations nationwide.

The platform operates through a location-based network model, partnering with retail establishments like Super Latino to provide financial services in convenient community locations. Customers can initiate transactions online through moneygram.com or conduct business in person at physical agent locations. The service is designed for consumers seeking alternatives to traditional banks or those who need immediate access to cash and payment services.

MoneyGram distinguishes itself through its extensive physical network of agent locations, making services accessible in underserved communities and urban neighborhoods. The combination of online and in-person transaction options provides flexibility for different customer preferences. Their integration into retail partner locations increases accessibility compared to standalone financial service centers.

MoneyGram serves consumers without traditional bank accounts, those researching short-term cash access, and individuals conducting international or domestic money transfers. However, the service model relies on agent location availability and partner networks, which may not be uniformly distributed geographically. Customers should compare fees, which vary by location and transaction type, before using MoneyGram services. The company's primary profile context centers on convenience and accessibility rather than cost advantages.

Services & Features

Bill payment processing
Check cashing at agent locations
Community-based retail partner access
Domestic wire transfers
In-person cash transactions
International money transfers
Location search and finder tools
Money order issuance
Multi-service agent locations
Online transaction initiation

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Extensive nationwide network of physical agent locations for in-person transactions
  • Offers both online initiation and in-person service at partner retail locations
  • Provides multiple financial services (check cashing, money orders, wire transfers, bill payment) from single locations
  • Operates in underserved communities through retail partner integrations like Super Latino
  • Convenient location search by address, city, state, or ZIP code on website
  • Same-location service model reduces need to visit multiple providers for different transactions

Cons

  • Service availability depends entirely on agent location network—not all areas may have convenient access
  • Website content does not disclose fee structure or pricing for services
  • No information provided about transaction limits, processing times, or regulatory protections
  • Limited transparency regarding company background, licensing, or FDIC/regulatory status on provided content

State Consumer Finance Context

This is state-level context for Check Cashing & Money Services consumers in Minneapolis, MN. It does not confirm that MoneyGram or this specific location is licensed.

State regulator

Minnesota Department of Commerce

Money services context in Minnesota

Short-term lending status: Legal

General rate context: 8% default; payday loans capped at $350 with tiered fees

Minnesota allows payday lending with a $350 cap, tiered fee structure, and a minimum 30-day term requirement. The Department of Commerce regulates all consumer lenders. Consumers benefit from the Minnesota Consumer Fraud Act and can file complaints with the Department of Commerce or Attorney General.

Key state rules to check

  • Payday loans capped at $350 with tiered fees ($5.50 per $100 up to $50, $10 per $100 on $50-$100, etc.).
  • Minimum loan term of 30 days required for payday loans.
  • Licensed consumer small loan lenders subject to tiered rate caps.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does MoneyGram offer?

MoneyGram offers 10 services including Check cashing at agent locations, Money order issuance, Domestic wire transfers, International money transfers, Bill payment processing, and 5 more.

What profile signals are listed for MoneyGram?

MoneyGram has profile signals associated with Unbanked or underbanked consumers needing check cashing and payment services in their neighborhood, Individuals requiring domestic or international money transfers without a traditional bank account, Consumers preferring in-person financial transactions at retail community locations.

What are the strengths and weaknesses of MoneyGram?

Key strengths: Extensive nationwide network of physical agent locations for in-person transactions; Offers both online initiation and in-person service at partner retail locations; Provides multiple financial services (check cashing, money orders, wire transfers, bill payment) from single locations. Areas to consider: Service availability depends entirely on agent location network—not all areas may have convenient access; Website content does not disclose fee structure or pricing for services.

How does MoneyGram compare to similar companies?

In the Check Cashing & Money Services category, comparable providers include Macro International Cargo, 47th & Pulaski Currency Exchange, Productos Colombianos | Envios de Paqueteria a Colombia | Cambio de Cheques | en San Jose CA | Elite Multiservice. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
1112 E Lake St, Minneapolis, MN 55407
BBB Accredited
No
Visit MoneyGram

CreditDoc Profile Note

Research Note on MoneyGram

MoneyGram is profile signals for unbanked or underbanked consumers who need accessible check cashing, money transfers, or bill payment services at convenient neighborhood retail locations. The primary caveat is that service quality, fees, and availability depend entirely on the specific agent location's policies and operational hours, requiring customers to verify local terms before relying on MoneyGram for critical financial transactions.

Profile Signals

  • Unbanked or underbanked consumers needing check cashing and payment services in their neighborhood
  • Individuals requiring domestic or international money transfers without a traditional bank account
  • Consumers preferring in-person financial transactions at retail community locations
Updated 2026-04-29

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Quick Summary

  • MoneyGram is listed as a Check Cashing & Money Services provider in Minneapolis, MN on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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