Payday Loans in Breedsville, Michigan

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

Company nameAddressZip codePhone number
CASE Credit Union 730 E Saginaw Hwy, Grand Ledge, MI 48837 +1 (517) 393 - 7710
Huntington Bank 101 River St, Boyne City, MI 49712 +1 (231) 582 - 6731
Advance America 1966 S Venoy Rd, Westland, MI 48186 +1 (734) 326 - 7428
Genisys Credit Union 2343 Hill Rd, Grand Blanc, MI 48439 +1 (810) 694 - 1301
Wanigas Credit Union 1837 Bagley St, Saginaw, MI 48601 +1 (989) 759 - 5780
Owosso WBC Federal Cu 947 Aiken St, Owosso, MI 48867 +1 (989) 725 - 2377
Advance America 1307 M-89 Ste. C, Plainwell, MI 49080 +1 (269) 685 - 6949
Lease Corporation of America 3150 Livernois Rd 300, Troy, MI 48083 +1 (800) 800 - 8098
Fifth Third Bank & ATM 6530 W Pierson Rd G, Flushing, MI 48433 +1 (810) 659 - 5557
EZ Cash 2227 Hill Rd, Grand Blanc, MI 48439 +1 (810) 603 - 3990

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Breedsville, MI, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Madison Heights, MI, Payday Loan for Midland, MI, Payday Loans in Muskegon, MI, Payday Loan for Novi, MI, Quick Loan in Pontiac, MI, Payday Loans in Portage, MI, Payday Loan for Roseville, MI and Guaranteed Loans in Royal Oak, 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 Breedsville, MI.

Beautiful sights of Breedsville, MI

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

49027

Are Payday Loans Legal In Breedsville, 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)

Breedsville, MI payday loan calculator

Payday loans have become a popular financing solution for people who require cash urgently or have less-than-perfect credit scores. While there are many financial institutions in Michigan that offer payday loans, you might be wondering about payday loans in Breedsville, Michigan. In this article, we’ll provide you with everything you need to know about payday loans in Breedsville, Michigan.

What are payday loans?

A payday loan is a short-term loan provided to borrowers who are employed but need access to cash before their next payday. These loans are typically due on the borrower’s next payday and have high interest rates and fees compared to conventional loans.

Are payday loans legal in Michigan?

Yes, payday loans are legal in Michigan. However, the state has implemented specific laws regulating the payday loan industry. One of the most important provisions of Michigan’s payday lending law is that borrowers are limited to one loan at a time and cannot take out more than two loans within a 90-day period. The maximum amount you can borrow is $600, and the maximum loan term is 31 days.

What are the requirements for obtaining payday loans in Breedsville, Michigan?

In Breedsville, Michigan, the requirements for obtaining a payday loan are pretty straightforward. You must be over 18 years of age, have a valid ID or driver’s license, provide proof of steady income, and have a checking account. Some lenders may also require proof of residency in Michigan.

How to Get a Payday Loan in Breedsville, Michigan?

The process of getting a payday loan in Breedsville, Michigan is easy and straightforward. You can either visit a payday loan store or apply online. The application process takes only a few minutes, and if you are approved, you will receive the funds within 24 hours. If you decide to apply online, make sure that you choose a reputable lender who operates in compliance with Michigan’s payday lending laws.

What are the benefits of payday loans in Breedsville, Michigan?

  • Quick access to cash: Payday loans are a quick and easy way to get cash when you need it the most.
  • No credit score check: Unlike traditional loans, payday loans do not require a credit score check. This is why payday loans are often the preferred financing option for people with poor credit ratings.
  • Flexible loan terms: Payday loans have flexible loan terms, which means you can choose a loan that best meets your needs.

What are the risks of payday loans in Breedsville, Michigan?

While payday loans in Breedsville, Michigan are a convenient financing solution for people who need cash urgently, they also come with risks. One of the most significant risks of payday loans is the high interest rates and fees they attract, which can accumulate quickly and become difficult to manage. Other risks include auto-renewal of loans and high-pressure debt collection tactics.

Interesting Facts and Statistics about Payday Loans in Breedsville, Michigan

  • The average payday loan in Michigan is $350.
  • Approximately 80% of payday loans in Michigan are rolled over or renewed, which means that borrowers take out new loans before paying off existing ones.
  • Michigan has the largest concentration of payday lenders in the country.
  • There are over 550 payday loan stores in Michigan.

Apply Now for a Payday Loan in Breedsville, Michigan

If you’re in need of cash, TheGuaranteedLoans can help you connect with a lender offering payday loans in Breedsville, Michigan. Our application process is simple and secure, and we’ll match you with a lender that best meets your needs. Remember that TheGuaranteedLoans only facilitates connections between borrowers and lenders; we are not a direct lender.

It’s a great time to fill out an application and get the cash you need. Simply fill out our online application form to get started.

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F.A.Q.

What is the maximum interest rate that a payday lender can charge in Breedsville, Michigan?

in Breedsville, Michigan, the maximum interest rate that a payday lender can charge is 15% per $100 borrowed. This means that for a loan of $100, the maximum interest charged would be $15.

What are some alternatives to payday loans in Breedsville, Michigan?

There are several alternatives to payday loans in Breedsville, Michigan, including borrowing from friends or family, using a credit card or line of credit, or seeking assistance from a non-profit organization or government agency. Some employers also offer short-term, low-interest loans to their employees as a way to help them through difficult financial times.