Payday loans in Lansing, Michigan | finder.com

Compare your loan options in Lansing, Michigan

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If you’re thinking of taking out a payday loan in Lansing, read our guide first.

When you’re in a tight spot and trying to cover an unexpected expense, a payday loan can be what you need to make it through a rough patch. Our guide will cover how much you can borrow and the potential costs of taking out a payday loan.

OppLoans Installment Loans

OppLoans Installment Loans
  • Easy online application
  • Quick approval
  • Fast funding
  • Long repayment terms

OppLoans Installment Loans

Installment loans with competitive rates from a top-rated direct lender.

  • Minimum loan amount: $500
  • Maximum loan amount: $5,000
  • Turnaround time: 1 business day
  • Loan term: 9 to 36 months
  • Must have direct deposit and meet minimum income requirements.
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What are the laws of payday lending in Lansing, MI?

You can borrow up to $600 in payday loans for 31 days or less, but the financing fee will be different depending on the total amount of your loan. You are allowed only two loans in a given period, and they must be from different lenders.

Check your contract carefully for the full costs of a loan before you sign. If you aren’t able to pay on the due date, you may be subject to additional charges and fines.

You can read about Michigan’s laws here

Consider these lenders for a short-term loan in Lansing, MI

Rates last updated October 16th, 2018
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Max. Loan Amount Turnaround Time Requirements
CashUSA Installment Loans
A connection service for quick cash loans up to $10,000.
$10,000
As early as 1 business day
Must have a monthly income of $1,000+ after taxes and valid checking account.
OppLoans Installment Loans
Installment loans with competitive rates from a top-rated direct lender.
$5,000
1 business day
Must have direct deposit and meet minimum income requirements.
LendYou Short-term Loans
Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
$15,000
1 business day
You must be a US citizen or permanent resident, age 18+ and have a regular income.
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
$1,000
1–2 business days
You must be at least 21 and an American citizen and have a bank account, email address and phone number.
CashNetUSA Loan
Apply for a short-term loan with an easy online application and dedicated customer service.
Varies by state
1 business day
You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Jora Installment Loans
Installment loans with repayment terms up to 30 months, depending on your state.
$2,600
1–2 days
Must have an active checking account, regular source of income and email address.
LoanSolo.com Payday Loans
Potentially get connected with a legit lender offering convenient payday loans and quickly get funds.
$1,000
As soon as one business day
You must be 18+ years old, legally work and live in the US, have a bank account in your name and be employed with sufficient income.

Compare up to 4 providers

Why a short term loan in Lansing might benefit you

  • You can apply with bad credit. Unlike banks and credit unions, payday lenders don’t place much emphasis on your credit when making an approval decision. If you meet a payday lender’s minimum monthly income criteria and the other requirements outlined for the loan, there’s a good chance you’ll qualify.
  • Simple application. Whether you apply online or in-store your application should only take about 5 to 10 minutes to complete. If you need help, most lenders have a live chat for online applicants and store attendants when you visit a physical location.
  • Use money for different reasons. Payday lenders don’t place restrictions on what you do with the money you borrow as long as it’s for a legitimate purpose. You can use it to pay bills, repair your car or buy something you need.

Charlotte needs to make an unexpected trip

woman-fying-airplane-window-travel-image

A close relative of Charlotte’s had recently passed away, and Charlotte needed to travel out of town. She didn’t have any money in her savings account, and although she could try to get a credit card or personal loan for the expenses, Charlotte knew the application wouldn’t go through quickly enough to get her to the funeral.

She decided to go with an online payday lender and applied for a $400 loan. Charlotte was approved, and the funds were transferred into her account the next business day. The loan contract stated she would be required to pay $454.45 at the end of the loan in 14 days. This fee included both the database verification fee of $0.45 and the interest of $54.

Charlotte was able to make the funeral and pay off the loan at the end of the loan period without any difficulties.

Here’s how you can apply for a payday loan in Lansing, Minnesota

Every lender has its own lending criteria, but all will require that you be at least 18 years old, have a regular source of income and be a US citizen or permanent resident.

If you meet these criteria, then you can start filling out an application. Click the Go to Site button on a lender above or visit a store location. Be prepared to submit some personal information, like your Social Security number and contact information. Lenders will want to confirm your identity before they approve your application, so fill out the forms as truthfully as possible.

Online lenders will want you to provide access to your bank account so they can deposit your loan and debit the payment when it’s due. In-store lenders will require you to supply a post-dated check for the total amount of the loan. Depending on how you want to handle your payments, think of which method you’d prefer before you decide on a lender.

Payday loans in Lansing, Michigan

Where to go for a payday loan in Lansing

  • Advance America. 6229 W Saginaw Hwy, Lansing, MI 48917
  • Allied Cash Advance. 5210 S Cedar St, Lansing, MI 48911
  • Approved Cash. 3022 S Martin Luther King Jr Blvd, Lansing, MI 48910
  • Cash Store. 5525 S Cedar St #3, Lansing, MI 48911
  • Check ‘n Go. 5441 W Saginaw Hwy, Lansing, MI 48917
  • Check into Cash. 3109 S Martin Luther King Jr Blvd, Lansing, MI 48910
  • Dicker & Deal Cash Center. 1917 W Saginaw St # A, Lansing, MI 48915
  • GreenStone Farm Credit Services. 3515 West Rd, East Lansing, MI 48823
  • Instant Cash Advance. 6100 S Cedar St #3, Lansing, MI 48911
  • Lansing Postal Community Credit Union. 4600 Collins Rd, Lansing, MI 48909

Here's what it costs to borrow a payday loan in Lansing

Michigan breaks down financing fees per $100 borrowed.
  • First $100: 15%
  • Second $100: 14%
  • Third $100: 13%
  • Fourth $100: 12%
  • Fifth and sixth $100: 11%

These interest rates stack, so if you borrow $300, you’ll have to pay a different fee for every $100 increment. This means you’ll have to pay $15 for a loan of $100, $29 for a loan of $200, $42 for a loan of $300 and so on. Michigan does this to help protect you from the high fees associated with payday loans.

As long as you compare your rates, you should be able to find a loan that works for you and doesn’t cost an arm and a leg to borrow.

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US Payday Loans Offers

Important Information*
Slam Dunk Loans

Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

LendUp Payday Loans

LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

Check into Cash Payday Loan

With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

OppLoans Installment Loans

Installment loans with competitive rates from a top-rated direct lender.

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