Payday Loans in Sherwood, Michigan

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

Company nameAddressZip codePhone number
Check `n Go 14321 Livernois Ave, Detroit, MI 48238 +1 (313) 834 - 3000
Flagstar Bank 1805 S Stephenson Ave, Iron Mountain, MI 49801 +1 (906) 774 - 0930
Thrivent Financial-Lutherans 4698 US-45, Watersmeet, MI 49969 +1 (906) 358 - 4475
Check `n Go 138 W Highland Rd #700, Howell, MI 48843 +1 (517) 545 - 3000
Thornapple Credit Union 108 S Grove St, Delton, MI 49046 +1 (269) 623 - 6700
Walmart Money Center 1386 S Centerville Rd, Sturgis, MI 49091
Huntington Bank 105 W Middle St, Williamston, MI 48895 +1 (517) 655 - 4371
Old National Bank 1422 S Winter St, Adrian, MI 49221 +1 (517) 366 - 6200
check n go, Check n Go Store Directory 916 N W Ave E, Jackson, MI 49202 +1 (517) 768 - 7000
Check & Cash USA LLC 300 Parkdale Ave, Manistee, MI 49660 +1 (231) 398 - 9648

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Sherwood, MI, you can try to find different companies in big cities near by. Check out the following pages here: Short-term Loans in Southfield, MI, Payday Loans in Sterling Heights, MI, Short-term Loans in Taylor, MI, Payday Loan Without a Credit Check in Troy, MI, Bad Credit Loans in Warren, MI, Guaranteed Loans in Westland, MI, Payday Loans in Wyoming, MI and No Credit Check Loans in Ann Arbor, 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 Sherwood, MI.

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

49089

Are Payday Loans Legal In Sherwood, 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)

Sherwood, MI payday loan calculator

Payday Loans in Sherwood Michigan

Are you a resident of Sherwood, Michigan experiencing financial difficulties? Have you considered payday loans as a potential solution to your financial woes? In this comprehensive guide, we’ll discuss everything you need to know about payday loans in Sherwood, Michigan.

What Are Payday Loans?

Payday loans are short-term loans that are typically taken out by individuals who need quick access to cash to cover unexpected expenses. These loans are usually due on the borrower’s next payday, hence the name. In Michigan, payday loans are legal and regulated by the Michigan Department of Insurance and Financial Services.

How Do Payday Loans Work?

When you apply for a payday loan, you’ll be required to provide proof of income and identification. Once you’ve been approved for the loan, the funds will be deposited directly into your bank account. You’ll be required to pay back the loan, along with any associated fees and interest, on your next payday. If you’re unable to pay back the loan on time, you may be subject to additional fees and interest charges.

What Are the Pros and Cons of Payday Loans?

Pros:

  • Quick access to cash
  • No credit check required
  • Easy application process

Cons:

  • High interest rates and fees
  • Can lead to a cycle of debt
  • May not provide a long-term solution to financial problems

Interesting Facts about Payday Loans in Sherwood, Michigan

  • Michigan has some of the most lenient payday lending laws in the United States.
  • In 2018, Michigan residents borrowed over $1.2 billion in payday loans.
  • The average payday loan borrower in Michigan takes out 10 loans per year.

Apply Now

If you’re considering a payday loan in Sherwood, Michigan, TheGuaranteedLoans can help. We specialize in connecting borrowers with potential lenders who offer personal loans, payday loans, and other loan-related products. Fill out our online application to get started today. Remember, we are a connector service, not a direct lender, and we will facilitate your connection with potential lenders.

F.A.Q.

What is the maximum amount I can borrow with a payday loan in Sherwood, Michigan?

The maximum amount you can borrow with a payday loan in Sherwood, Michigan is $600.

What is the APR for payday loans in Sherwood, Michigan?

The APR for payday loans in Sherwood, Michigan is 390%.