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Get Online Payday Loans in Ann Arbor, MI
Get a short-term cash advance with no credit check. You can qualify for Ann Arbor cash loan even with no bank or checking account. Bad credit is not a problem to get approved for a fast Payday advance in Ann Arbor either. Just fill out a free application form online and get an instant decision from multiple lending companies within a few minutes.
Need emergency cash? Consider applying for quick Michigan Payday Loans Online with no credit check required. Bad credit won't be a problem for approval. Financing is likely to be granted within 1 - 2 business days.
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Are Payday Loans Legal in Ann Arbor, MI ?
Loan Rates and Fees, Laws and Regulations in Michigan.
Residents of Michigan can borrow up to $600 Payday loans. A payday cash advance is the maximum for a 31-day term. Mich. Comp. Laws §§ 487.2121 et seq.1 states its legal status, alongside the APR of 390%, plus $15 for a 14-day $100 loan. The verification fee varies depending on the sum. It’s 15% of $100, 14% of $200, etc.
Law status | legal |
MIN Loan Amount | $100 |
MAX Loan Amount | $600 |
MIN. Loan Term | 14 days |
MAX. Loan Term | 31 days |
MAX APR | 390% |
Additional fees | $15, verification fee of maximum 15% of every $100 borrowed |
NSF fee | $25 |
Collateral or guarantor | None, unsecured |
Number of simultaneous loans | 2 |
Cooling off period | None |
Rollover | Not allowed |
Extension, repayment plan | Repayment plan |
Default penalties | $15 for installment payback plan |
Credit score requirements | Available for Bad Credit |
Cash Advance and other Money Offers in Ann arbor, MI
Payday Loans Available in Ann Arbor, MI by the following ZIP codes:
Payday Loan Amounts in Ann Arbor, MI
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Easy online application
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Bad credit is OK
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Instant approval
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No credit check considered
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Competitive rates
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Same day financing
In 2024 there are 120,782 people living in Ann Arbor, MI. According to the statistics, 7247 of them look for "Payday Loans Near Me in Ann Arbor, MI" or apply for Ann Arbor Payday Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 55990. 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 Ann Arbor, Michigan direct lenders.