Privacy & Security

Michigan Cash Advance

A controversy surrounding payday loans has been spreading across the country and striking a number of states, including Michigan. Cash advance loans still exist in Michigan and show no signs of disappearing, despite new regulations being lowered and new laws passed in the state. Applying for a loan with us is a great place to start if you're a Michigan resident who needs a cash advance loan. It takes only a couple of minutes to fill out the application we use, and you can have the money wired to your back account in less than sixty minutes. The process is easy and fast.

Cash Advance Lending Laws In Michigan

To regulate the cash advance and loan industry in Michigan, the state passed new laws and put into place new legislation in November of 2005. After the regulations became law in June of 2006, all lenders operating in the state were required to have a valid license. Prior to the new laws passing, there was no way to regulate the cash advance industry in the state, or to determine what practices were legal and which were illegal. The running of this industry was also not being regulated by any laws put in place by the state. Cash advances remain legal under the new laws, but these businesses are also subject to specific regulations. Consumers are limited to only one loan at a time with a maximum of $600 open to borrow throughout the month. For example, a customer who borrows $600 at the beginning of the month cannot borrow anything else until the month has passed. Interest rates are charged at a rate of $15 for every $100 that is borrowed, and this includes a term of 2 weeks. The interest rate when annualized comes out to 390%.

A recent count of lenders revealed that there were over 650 such companies operating in the state of Michigan. Considering how the industry has grown and changed over the last few years, it is abundantly clear that the number has probably grown since then.

Every resident in the US knows that money is often hard to find, that we're going through a difficult time, and this is very clear in Michigan. Whether you live in Michigan or anywhere else in the US, you'll find that our cash advance company is here to help and that we offer solutions to your money problems. When you discover that you need money fast, we can help. Applying online is an easy way to get fast access to all the cash you need. This is a fantasy for many people, but we're hoping to make it a reality. By visiting our website at, you can apply for that quick cash advance that you need.

The easy Michigan cash advance is available for anything you might need: pay your bills, pay for a trip, repair your car, plan a trip, or even make a down payment on a new computer. Our company allows everyone the opportunity to apply for a cash advance. It takes only a few minutes to apply for a cash advance through our website, and the whole process is incredibly easy. We offer instant approval, and the money goes right into your bank account. Then, when you get your next paycheck, you pay us back. It doesn't get any easier than that.

Begin the application process instantly by visiting Our website is completely confidential; we don't require co-signers, so we won't call your friends or family, and you don't need to stand in line at your local bank. Our innovative and excellent cash advance services allow you to borrow the money you need right now and use it to do anything you want.

Our company has high expectations for our employees, and we expect them to deliver the best customer service possible, which is something you won't find from other companies. We believe in making it easy and convenient to get a fast cash advance. Our goal is to make it easier than ever before to get a Michigan cash advance. No other company even comes close to the secured services we provide, or the quick and convenient way we go about doing business. To get your cash advance today, simply visit

Each transaction that takes place in Michigan is required to have a term limit of only 31 days given by the lenders. The name and address of the borrower, as well as a telephone number and their signature, must be in the written agreement, or else the contract isn't binding by law. The agreement must also include the fees associated with the loan, the interest rates, the payments the borrower will make, and a total amount. The entire process should be clearly described, so the borrower can use this information later to file a complaint if needed.

Michigan law also requires that all contracts contain the following piece of information in bold type:

"a deferred deposit loan is not intended to meet long-term financial needs. The payday lender cannot use any criminal process to collect any deferred deposit loan."


"State law prohibits you from having outstanding at any time deferred deposit loans totaling more than $500. Failure to obey this Michigan law could result in financial hardship for you and your family."

Unemployment Statistics In Michigan

Michigan has an unemployment rate of 7.1% as of January 2006. Over 356,000 Michigan residents were without a current job at that time. The year before, the rate was slightly higher with 7.8% of citizens unemployed. For the last ten years, the state of Michigan has seen its unemployment rates in the 3.1 to 7.9% range.

Michigan Cash Advance - Cities

Ann Arbor Grand Rapids Muskegon Southfield
Battle Creek Holland Oak Park Southgate
Bay City Inkster Plymouth Sterling Heights
Burton Jackson Pontiac Taylor
Dearborn Kalamazoo Port Huron Troy
Dearborn Heights Lansing Portage Warren
Detroit Lincoln Park Redford Waterford
Eastpointe Livonia Roseville West Bloomfield
Flint Madison Heights Royal Oak Westland
Garden City Midland Shelby Wyoming