Payday Loans in Frontier, 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 Frontier, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
United States Postal Service 1296 Main St, Melvin, MI 48454 +1 (800) 275 - 8777
Express Payday Advance & Check 24800 Greenfield Rd, Oak Park, MI 48237 +1 (248) 968 - 0900
IncredibleBank 101 W B St, Iron Mountain, MI 49801 +1 (906) 779 - 2800
P T Auto Sales Inc 4465 Imlay City Rd M21, Attica, MI 48412 +1 (810) 724 - 7647
Principal Financial Group 7549 Old U.S. 31 Hwy, Petoskey, MI 49770 +1 (231) 758 - 8112
Caliber Home Loans - Northern Michigan Mortgage Lending 300 E Front St 240, Traverse City, MI 49684 +1 (231) 486 - 5446
First Community Bank 115 E Lake St, Harbor Springs, MI 49740 +1 (231) 526 - 2747
Team Hodges, Inc. 2265 S M-76, West Branch, MI 48661 +1 (989) 726 - 4840
Walmart Money Center 14700 US-31, Grand Haven, MI 49417
Family Financial Credit Union 3575 Henry St, Muskegon, MI 49441 +1 (231) 733 - 4600

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Frontier, MI, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Saginaw, MI, Payday Loans in Saint Clair Shores, MI, Payday Loans in Southfield, MI, Payday Loans in Sterling Heights, MI, Payday Loans in Taylor, MI, Online Loans in Troy, MI, Same Day Loans in Warren, MI and Payday Loans in Westland, 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 Frontier, MI.

Beautiful sights of Frontier, MI

Are Payday Loans Legal In Frontier, 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)

Frontier, MI payday loan calculator

Payday Loans in Frontier, Michigan: What You Need to Know

Payday loans are a type of short-term loan that are generally due on the borrower’s next payday. In Frontier, Michigan, payday loans are legal under state law. If you’re considering taking out a payday loan in Frontier, Michigan, here’s what you need to know.

Basics of Payday Loans in Frontier, Michigan

If you’re in need of cash fast, a payday loan might seem like an attractive option. You can typically receive funds within a few days or even hours, and you don’t need to have perfect credit to be approved. However, payday loans can come with high interest rates and fees, so it’s important to understand the terms and conditions of the loan before you apply.

In Michigan, payday loans are regulated by the Department of Insurance and Financial Services. Lenders are required to follow specific guidelines, such as capping the amount of the loan and the fees they can charge. For example, a payday loan in Michigan can be up to $600 and can come with a finance charge of up to 15% of the loan amount.

Pros and Cons of Payday Loans

While payday loans can be a quick and convenient way to get cash when you need it, they also come with certain risks. Here are some of the pros and cons of payday loans:

Pros:

  • Quick and easy application process
  • No credit check required
  • Funds can be deposited into your account within 24 hours

Cons:

  • High interest rates and fees
  • Can lead to a cycle of debt if not repaid on time
  • May damage your credit score if you default on the loan

Interest Rates and Fees for Payday Loans in Frontier, Michigan

As mentioned earlier, payday lenders in Michigan are limited in the amount they can charge for loans. The maximum finance charge for a loan of $100 is $15. The maximum amount you can borrow on a payday loan in Michigan is $600. If you’re considering a payday loan, make sure you understand the fees and interest rates associated with the loan before you apply.

Applying for a Payday Loan in Frontier, Michigan

If you’re in need of cash and are considering a payday loan, it’s important to do your research before you apply. You’ll want to find a reputable lender who offers fair terms and reasonable interest rates. TheGuaranteedLoans can help connect you with potential lenders, making the process easier and more convenient.

Apply Now

If you’re ready to apply for a payday loan in Frontier, Michigan, start by filling out our online application. Keep in mind that TheGuaranteedLoans is a connector service and not a direct lender. We’ll work to connect you with potential lenders who can meet your specific needs.

Interesting Facts and Statistics about Payday Loans in Frontier, Michigan

  • In 2020, there were over 1 million payday loans made in Michigan, totaling over $500 million in loan volume (source: State of Michigan Department of Insurance and Financial Services).
  • The average payday loan in Michigan is $380 (source: State of Michigan Department of Insurance and Financial Services).
  • Almost 70% of payday loan borrowers in Michigan use the loans for recurring expenses, such as rent or utilities (source: Pew Charitable Trusts).
  • Michigan is one of 32 states that allows payday lending, but with regulations to protect consumers (source: National Conference of State Legislatures).

The Bottom Line

Payday loans can be a helpful resource if you need cash quickly. However, the high interest rates and fees associated with these loans make them a risky choice for many borrowers. If you’re considering a payday loan in Frontier, Michigan, make sure you fully understand the terms and conditions of the loan and only borrow what you can afford to repay.

F.A.Q.

What are payday loans in Frontier, Michigan?

Payday loans in Frontier, Michigan are short-term loans that are intended to provide individuals with immediate access to funds in the event of a financial emergency. These loans are typically repaid on the borrower's next payday, hence the name "payday loans."

How do payday loans work in Frontier, Michigan?

in Frontier, Michigan, payday loans are typically offered by lenders who provide the borrower with a cash advance, which is then repaid on the borrower's next payday. The borrower typically provides the lender with a post-dated check or agrees to have the amount withdrawn from their bank account on the due date.