Ad

INSTALLMENT LOANApplication Form

How much would you like to borrow?

By submitting your information you claim you have read and understood and agree to Privacy Policy, Terms of Use, Responsible Lending and Marketing Practices

Installment Loans in Detroit, MI
Detroit, MIInstallment Loans

Get Installment Loans in Detroit, MI Online

4.2075471698113
When you come across an emergency and need money fast, an installment loan can be your best option.

If you are looking for a Bad Credit Installment Loan in Detroit, MI, the first thing to do is fill out a free application form online and get the offers from the best Detroit Installment Loan direct lenders. No credit check. No Teletrack. No faxing or other paperwork. Just meet the basic requirements to get guaranteed approval and "same day funding”.

Most Michigan Installment Loan Online direct lenders have very simple requirements and guarantee instant financing to borrowers with bad credit and no credit. All you need - is to fill in a quick online application form.

START ONLINE APPLICATION

Are Installment Loans Legal in Detroit, MI ?

Loan Rates and Fees, Laws and Regulations in Michigan.

We've done a thorough research of the main lending details and presented them in the table to make it more clear and convenient for you:

Law statuslegal
MIN Loan Amount$1,000
MAX Loan Amount$5,000
MIN. Loan Term90 days
MAX. Loan Term36 month
MIN APR6.63%
Collateral or guarantorNone, unsecured
Credit score requirementsAvailable for Bad Credit
Apply online

Apply for online Installment Loans and get instant decision from the best Detroit lending organization

TOP RATED COMPANIES

Rates last updated March 28th, 2024
4.1394025604552
(1K+ votes)
Indylend
$5000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

4.99%
MIN APR

The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral, or Co-signer

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit
5
(1 vote)
E-Skills Loans
$5000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

4.99%
MIN APR

The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral, or Co-signer

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit
4.537037037037
(810 votes)
Funded Justice
6,63%
Min APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things

None, Unsecured
Collateral

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

$1,000
Min Loan Amount

It’s the minimal amount of cash advance you can apply for. It’s not always stated

Available for Bad Credit
4.7931873479319
(822 votes)
Smart Pig
6,63%
Min APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things

None, Unsecured
Collateral

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

$1,000
Min Loan Amount

It’s the minimal amount of cash advance you can apply for. It’s not always stated

Available for Bad Credit
4.5059328968903
(4K+ votes)
LEND YOU
$5,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

6.63%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Cash Advance and other Money Offers in Detroit, MI

Up to $1,000 instant cash advance for a short term of 14 - 30 days. Same-day financing once approved. Bad credit is considered too.
$5,000 - $35,000 quick loans for any personal needs. Available for any credit score and don't require any collateral.
Fast Title Loans secured by your vehicle title as collateral. No inspection. No credit checks. Instant cash for bad credit same day.

Installment Loans Available in Detroit, MI by the following ZIP codes:

48201 48202 48203 48204 48205 48206 48207 48208 48209 48210 48211 48212 48213 48214 48215 48216 48217 48219 48221 48222 48223 48224 48225 48226
48227 48228 48231 48232 48233 48234 48235 48236 48238 48239 48240 48242 48243 48244 48255 48260 48264 48265 48266 48267 48268 48269 48272 48275 48277 48278 48279 48288

Installment Loan Amounts in Detroit, MI

  • Easy online application
  • Bad credit is OK
  • Instant approval
  • No credit check considered
  • Competitive rates
  • Same day financing

In 2024 there are 672,795 people living in Detroit, MI. According to the statistics, 40368 of them look for "Installment Loans Near Me in Detroit, MI" or apply for Detroit Installment Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 25764. That's why COMPACOM was designed - to help customers complete a quick and easy application form 100% online and get guaranteed approval from the best Detroit, Michigan direct lenders.

Installment Loans Store Locations in Detroit, MI

Advance America
Cash Now
Quicken Loans
Bizdom U
Rockbridge Equity
P R Piper & Associates
Fund Evaluation
Motor City Co-op Credit Union
Comerica Bank
Presto Payday Loans
Detroit Payday Loan Service
Check Cashing Etc
Cash Now Xxxiii
Cash On The Go Detroit

Installment Loans requirements in Detroit, MI

What do I need to qualify for Installment cash advance in Detroit, MI?

Independent lenders have their own individual requirements that must be met, but typical minimum requirements include, but may not be limited to:

  • Michigan (US) residence
  • Minimum regular income of $1,000 per month
  • Valid checking or savings account with direct deposit
  • Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
  • Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
  • If applying Online, you must provide a valid Social Security Number
  • If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
  • If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.

FAQ

 
Can I get an Installment Loan in Detroit with bad credit?
 
Can I get no credit check Installment Loans in Detroit, MI?
 
When do I get my money with Online Installment Loans Detroit, MI?
 
Do I qualify for the best Installment Loans in Detroit, MI?

Installment Loans Hub

In the Installment Loans Hub, we've collected all the useful guides and resources on Installment Loans. Our experts conducted thorough research to give you the answer to any possible question on the topic.

Top Articles

Latest Articles

Start online application
Profile