Payday Loans in Grand Junction, Michigan

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Grand Junction, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
Advance America 927 N Wisner St, Jackson, MI 49202 +1 (517) 784 - 2977
Allied Cash Advance 23327 Greenfield Rd, Southfield, MI 48075 +1 (248) 443 - 7406
Mercantile Bank of Michigan 506 S Lincoln Ave, Lakeview, MI 48850 +1 (989) 352 - 7271
First Financial Advisors, Inc. 950 W Norton Ave 415, Muskegon, MI 49441 +1 (231) 733 - 4084
Allied Cash Advance 18085 East 8 Mile Road, Eastpointe, MI 48021 +1 (586) 778 - 9045
Cash Store 3865 Lapeer Rd Ste 106-A, Flint, MI 48503 +1 (810) 742 - 3640
Chemical Bank 220 S Main St, Standish, MI 48658 +1 (989) 846 - 9506
Michigan Educational Credit Union - Livonia 14921 Middlebelt Rd, Livonia, MI 48154 +1 (734) 261 - 1050
Hantz Financial Services - Marquette, Michigan 228 W Washington St, Marquette, MI 49855 +1 (906) 226 - 7730
Advance America 31632 John R Rd Ste. B, Madison Heights, MI 48071 +1 (248) 307 - 1220

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Grand Junction, MI, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Warren, MI, Short-term Loans in Westland, MI, Payday Loans in Wyoming, MI, Bad Credit Loans in Ann Arbor, MI, Payday Loan Companies in Battle Creek, MI, Payday Loans in Bay City, MI, Payday Loans in Bedford, MI and Online Loans in Dearborn, MI. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Grand Junction, MI.

Beautiful sights of Grand Junction, MI

Payday Loans Available in Grand Junction, MI By The Following ZIP Codes:

49056

Are Payday Loans Legal In Grand Junction, Michigan?

Loan Rates and Fees, Laws and Regulations in Michigan.

Michigan Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)369
Maximum Loan Amount$600
Minimum Loan TermNot Specified
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges15%-11% (depending on the number of $100 transactions)

Grand Junction, MI payday loan calculator

Payday Loans in Grand Junction, Michigan: A Comprehensive Guide

Payday loans are a popular solution for people who need short-term loans quickly. These loans are typically due on the borrower’s next pay date and are intended to help bridge the gap between paychecks. In Michigan, payday loans are legal, and residents of Grand Junction can apply for them when they need financial assistance. This comprehensive guide will provide all the information you need to know to make informed decisions about payday loans in Grand Junction, Michigan.

How do Payday Loans Work in Michigan?

In Michigan, payday loans can be for up to $600, and loans must be repaid within 31 days. The borrower is required to provide proof of income and identification, and lenders must be licensed by the state. Interest rates on payday loans in Michigan are regulated and cannot exceed a maximum of 15% on the first $100 borrowed, 14% on the second $100, 13% on the third $100, 12% on the fourth $100, and 11% on the fifth $100 and above. For example, if you borrow $500, the maximum interest rate you can be charged is $65.

It is important to note that rollovers, or extending the loan beyond the original due date, are not allowed in Michigan. Payday lenders also cannot accept collateral, and borrowers cannot be charged any additional fees or charges beyond the interest and finance charges.

How to Apply for Payday Loans in Grand Junction, Michigan?

If you are a resident of Grand Junction, Michigan, and need to apply for a payday loan, the process is fairly simple. You must be at least 18 years old, have a valid government-issued identification, proof of income, a bank account, and a working phone number.

To apply for a payday loan, visit TheGuaranteedLoans website and fill out an online application form. Our service is a connector that matches your application with a network of potential lenders. Once you submit your application, lenders will review it and contact you directly regarding your loan. If approved, you will receive the funds in your bank account, typically within one business day.

The Pros and Cons of Payday Loans in Grand Junction, Michigan

Pros:

  • Quick and easy approval process.
  • Access to short-term funds when needed.
  • No collateral is required for approval.
  • Loan amounts are typically small, making repayment more manageable.

Cons:

  • High interest rates and finance charges can add up quickly.
  • Payday loans can lead to a cycle of debt if not repaid on time.
  • Some lenders may engage in predatory lending practices.
  • Payday loans are not a long-term financial solution and should only be used in emergencies.

Interesting Facts and Statistics about Payday Loans in Grand Junction, Michigan

  • In Michigan, the average payday loan amount is $375, with an average loan term of 14 days.
  • In 2019, Michigan recorded a total of 436,677 payday loans.
  • The average interest rate for payday loans in Michigan is 369%.
  • The majority of payday loan borrowers in Michigan are female and aged between 25-44 years old.

Apply Now for Your Payday Loan in Grand Junction, Michigan

If you need financial assistance in Grand Junction, Michigan, applying for a payday loan from TheGuaranteedLoans website is the quickest and easiest option. Fill out our online application form, and we will match your application with a network of potential lenders. Remember, payday loans are not a long-term financial solution and should only be used in emergencies. Ensure you have a repayment plan in place before applying for a payday loan to avoid falling into a cycle of debt.

F.A.Q.

Can I file for bankruptcy to discharge my payday loan debt in Grand Junction, Michigan?

Yes, you may be able to file for bankruptcy to discharge your payday loan debt in Grand Junction, Michigan, depending on your specific circumstances. It is recommended to consult with a bankruptcy attorney to determine the best course of action.

What happens if I default on my payday loan in Grand Junction, Michigan?

If you default on your payday loan in Grand Junction, Michigan, the lender may choose to pursue collections actions against you, such as garnishing your wages or seizing your assets.