Payday Loans in Mullett Lake, 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 Mullett Lake, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
Cash Net Advance 20914 Gratiot Ave, Eastpointe, MI 48021 +1 (586) 200 - 2405
Genisys Credit Union 1101 S Ortonville Rd, Ortonville, MI 48462 +1 (248) 627 - 8600
Advance America 1422 S Main St, Adrian, MI 49221 +1 (517) 265 - 2111
Advance America 400 US Hwy 41 E., Ste. 103, Negaunee, MI 49866 +1 (906) 475 - 4905
Fifth Third Bank & ATM 102 W Front St, Traverse City, MI 49684 +1 (231) 995 - 4501
TCF Bank 8081 Main St, Dexter, MI 48130 +1 (800) 823 - 2265
GreenStone Farm Credit Services 3486 W Polk Rd, Hart, MI 49420 +1 (231) 873 - 7102
TCF Bank 3350 Fairlane Dr, Allen Park, MI 48101 +1 (800) 823 - 2265
Security Credit Union 1675 N Lapeer Rd, Lapeer, MI 48446 +1 (810) 235 - 2322
Quik Cash 307 Shelden Ave, Houghton, MI 49931 +1 (906) 482 - 2646

Payday Loan Companies in Nearby Cities

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

Beautiful sights of Mullett Lake, MI

Are Payday Loans Legal In Mullett Lake, 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)

Mullett Lake, MI payday loan calculator

Payday Loans in Mullett Lake, Michigan

If you live in Mullett Lake, Michigan, and you need some extra cash to cover unexpected expenses, a payday loan could be an option for you. While payday lending has received a reputation for being a risky and expensive form of borrowing, it can be a helpful solution for some people in emergency situations.

What Are Payday Loans?

Payday loans are short-term loans that are typically used to cover unexpected expenses such as car repairs, medical bills, or utility bills. They are called payday loans because they are typically due on your next payday.

In Michigan, payday loans are legal and regulated by state law. This means that lenders are required to follow certain rules and guidelines to protect consumers. For example, lenders must have a valid license and cannot charge more than 15% of the total loan amount in fees.

How Do Payday Loans Work in Mullett Lake, Michigan?

The process of getting a payday loan in Mullett Lake is simple. You can apply for a loan online or in-person at a local lender. Most lenders will require you to provide your personal information, proof of income, and proof of residency.

If you are approved for a loan, the lender will deposit the money directly into your bank account. You will be required to pay back the loan, plus any fees and interest, on your next payday. If you cannot repay the loan in full on your next payday, you may be able to roll-over the loan by paying additional fees.

Are Payday Loans a Good Idea?

Payday loans can be a helpful solution for people who need cash quickly and do not have access to traditional forms of credit. However, payday loans are not a long-term solution for financial problems and should only be used in emergency situations.

It is important to understand the costs and fees associated with payday loans. In Michigan, lenders cannot charge more than 15% of the total loan amount in fees. However, this can still be a high cost if you are unable to repay the loan in full on your next payday.

Before applying for a payday loan, you should consider other options such as borrowing from friends or family, negotiating with creditors, or seeking assistance from a non-profit credit counseling agency.

Apply Now

If you are considering a payday loan in Mullett Lake, Michigan, TheGuaranteedLoans can help connect you with potential lenders. We are a connector service, not a direct lender, and we work with a network of trusted lenders to give you access to competitive rates and terms.

Our online application process is quick and easy, and you can get an answer in minutes. Simply fill out our online application, and we’ll do the rest. It’s that easy!

Interesting Facts and Statistics about Payday Loans in Mullett Lake, Michigan

  • The average payday loan amount in Michigan is $350.
  • In Michigan, borrowers are limited to one payday loan at a time and can only take out a maximum of two loans in a 90-day period.
  • According to a study by the Consumer Financial Protection Bureau, 80% of payday loans are rolled over or renewed within two weeks.
  • The average APR for a payday loan in Michigan is 369%.

These statistics highlight the importance of understanding the costs and risks associated with payday loans. While they can be a helpful solution in emergency situations, borrowers should be cautious and only take out loans that they can afford to repay.

F.A.Q.

Can I be charged late fees for not repaying my payday loan in Mullett Lake, Michigan on time?

Yes, you may be charged late fees if you are unable to repay your payday loan in Mullett Lake, Michigan on time. These fees are typically a percentage of the unpaid balance and are capped at a certain amount by state law.

Can a payday lender in Mullett Lake, Michigan garnish my wages if I default on my loan?

Yes, a payday lender in Mullett Lake, Michigan can garnish your wages if you default on your loan. However, the amount garnished cannot exceed 25% of your disposable income or the amount by which your disposable income exceeds 30 times the federal minimum hourly wage, whichever is less.