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Get Online Payday Loans in Farmington Hills, MI
Get a short-term cash advance with no credit check. You can qualify for Farmington Hills cash loan even with no bank or checking account. Bad credit is not a problem to get approved for a fast Payday advance in Farmington Hills either. Just fill out a free application form online and get an instant decision from multiple lending companies within a few minutes.
Michigan Payday Loans are available online and in-store. No matter what you need instant cash for, you just complete an online loan request and get the money within 24 hours of approval.
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Are Payday Loans Legal in Farmington Hills, 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 Farmington hills, MI
Payday Loans Available in Farmington Hills, MI by the following ZIP codes:
Payday Loan Amounts in Farmington Hills, 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 81,129 people living in Farmington Hills, MI. According to the statistics, 4868 of them look for "Payday Loans Near Me in Farmington Hills, MI" or apply for Farmington Hills Payday Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 71609. 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 Farmington Hills, Michigan direct lenders.