Payday Loans in Pointe Aux Pins, 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 Pointe Aux Pins, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
Check Into Cash 749 East 9 Mile Road, Ferndale, MI 48220 +1 (248) 548 - 7598
CheckSmart 7840 Telegraph Rd, Taylor, MI 48180 +1 (313) 299 - 7784
4Front Credit Union 101 N Park St, Traverse City, MI 49684 +1 (800) 765 - 0110
EZ Money Check Cashing 749 N Van Dyke Rd, Bad Axe, MI 48413 +1 (989) 623 - 0124
GreenStone Farm Credit Services 1040 W Highland Rd, Howell, MI 48843 +1 (517) 546 - 2840
United Bank 1131 W Superior St, Wayland, MI 49348 +1 (269) 792 - 2283
Embers Credit Union 2600 1st Ave S, Escanaba, MI 49829 +1 (906) 228 - 7080
Advance America 590 W Columbia Ave f, Battle Creek, MI 49015 +1 (269) 962 - 0698
GreenStone Farm Credit Services 15615 S Telegraph Rd, Monroe, MI 48161 +1 (734) 243 - 6711
Keweenaw Financial Corporation 235 Quincy St, Hancock, MI 49930 +1 (906) 482 - 0404

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Pointe Aux Pins, MI, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Companies in East Lansing, MI, Payday Loans in Eastpointe, MI, Short-term Loans in Flint, MI, Payday Loans in Grand Rapids, MI, Payday Loans in Holland, MI, Payday Loans in Jackson, MI, Online Loans in Kalamazoo, MI and Payday Loans in Lansing, 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 Pointe Aux Pins, MI.

Beautiful sights of Pointe Aux Pins, MI

Are Payday Loans Legal In Pointe Aux Pins, 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)

Pointe Aux Pins, MI payday loan calculator

Payday Loans in Pointe Aux Pins, Michigan

Are you in a financial bind and need quick cash? A payday loan could be a solution for you. Payday loans are small, short-term loans that are typically taken out to cover unexpected expenses or bills between paychecks. They’re easy to obtain and can help you get back on track financially.

If you’re looking for payday loan options in Pointe Aux Pins, Michigan, you’re in luck. Payday loans are legal in Michigan, and there are several lenders available in the area to choose from. Before taking out a payday loan, it’s essential to understand how they work, the regulations surrounding them, and the potential risks involved.

How Do Payday Loans Work?

Payday loans are designed to be a short-term solution for those who need cash quickly. Generally, payday loans are due on your next payday, but some lenders offer extended repayment plans. To secure a payday loan, you’ll need to provide proof of income, a valid ID, and a checking account.

Once you’ve been approved for a payday loan, the lender will give you the cash you need, usually in a matter of hours. You’ll then need to pay back the loan, including interest and any fees, by your next payday.

Regulations Surrounding Payday Loans in Michigan

In Michigan, payday loans are legal, but there are specific regulations in place to protect consumers. The maximum loan amount you can borrow is $600, and lenders are not allowed to charge more than 15% interest on loans under $100, 14% on loans between $100 and $200, and 13% on loans between $200 and $600.

Lenders are also required to provide borrowers with a written agreement that includes the loan amount, interest rates, and any fees. Additionally, lenders are not allowed to renew a loan more than once, and they must provide a repayment plan if a borrower is unable to repay the loan on time.

Potential Risks of Payday Loans

While payday loans can be a helpful resource for those in need of quick cash, they come with potential risks. The high-interest rates and fees associated with payday loans can make it difficult to repay the loan on time, leading to a cycle of debt. It’s crucial to have a plan in place for repaying the loan before taking it out to avoid falling into this cycle.

Interesting Facts and Statistics about Payday Loans in Pointe Aux Pins, Michigan

– The median income in Pointe Aux Pins, Michigan, is $43,750.
– According to a study by the Center for Responsible Lending, the average APR for a payday loan in Michigan is 369%.
– As of 2020, there were approximately 580 payday lending locations in Michigan.
– The majority of payday loan borrowers in Michigan are between the ages of 25-44.
– The average payday loan amount in Michigan is $395.

Apply Now

If you’re considering a payday loan in Pointe Aux Pins, Michigan, TheGuaranteedLoans can help you connect with potential lenders. We’re a connector service, not a direct lender, and we work with a network of reputable lenders to find you the best possible loan option. To apply for a payday loan with TheGuaranteedLoans, fill out our online application, and we’ll get back to you as soon as possible.

Conclusion

Payday loans can be a useful tool for those in need of quick cash in Pointe Aux Pins, Michigan. However, it’s essential to be aware of the regulations and potential risks involved before taking out a loan. By understanding how payday loans work and having a plan in place for repayment, you can take advantage of this financial resource without falling into a cycle of debt.

F.A.Q.

How long do I have to pay back a payday loan in Pointe Aux Pins, Michigan?

The repayment term for a payday loan in Pointe Aux Pins, Michigan is 14 days.

Can I be arrested for not paying back a payday loan in Pointe Aux Pins, Michigan?

No, you cannot be arrested for not paying back a payday loan in Pointe Aux Pins, Michigan. However, your lender may take legal action to collect the debt.