Payday Loans in Flint, Michigan

Life happens, and we usually end up in a situation where we must pay for some unexpected expenses. Consider submitting an application for a paycheck advance loan in Flint, Michigan, to see if you qualify.

The loan process is fast and effortless. To be eligible, you must meet a couple of straightforward conditions.

What is a Payday Loan? What Can It Be Put Towards?

A payday advance loan is where the borrower will receive a petite sum of cash on a short-term contract. This is thought of as an unsecured personal loan because no collateral is expected.

When unforeseen financial needs arise, for example missed rent or utility bills, car bills, medical or vet bills, and so on, people often seek out cash advance loans.

Cash Advance Loan Stipulations In Flint, Michigan

In Flint, Michigan, payday advance loan borrowers must meet several criteria to qualify for a loan.

The borrower must:

• Provide proof that they reside in Flint, MI
• Must be 18 or older
• Receive an income that they can provide proof of being at least $1,000/month
• Give active contact details including cell phone number and email address
• Provide their SSN

If a borrower does not satisfy the above rules, they will immediately be denied a paycheck advance loan. Ensure that you can provide the documentation required when applying for a loan.

Laws and Rules Regarding Paycheck Advance Loans in Flint, Michigan

Michigan has ruled payday lending legal. However, they have put forth the following rules and regulations for the payday lending industry:

• An individual money lender can't offer a loan greater than $600. Borrowers cannot possess greater than two outstanding loans from different lenders. There is no smallest loan amount.
• There is no minimum loan term, the maximum loan term length is 31 days. In the State of Michigan, borrowers are unable to rollover their loans.
• The fees and charges vary for each lender. The service costs charged by the lender on a cash advance loan do not fall under interest. The service fees apply to each $100 loaned and can vary from 11% up to 15%.
• An interest rate is required to be mutually settled upon. APR can be as much as 369%.

Will Payday Lenders in Flint, MI, Perform Credit Checks? What If I Have Bad/No Credit History At All?

Yes, the lenders we partner with will complete a credit check on you, but, even if you possess no credit or bad credit, you may still be approved for a loan as long as you can prove that you can repay the loan. Lenders are typically unconcerned about your credit if you have proof of income and a strategy to pay back the loan.

Lenders will use a soft credit pull, which will not impact your credit score. This is only to get an idea of your credit history and general information.

A hard credit check, alternatively, needs your permission. These credit inquiries are done for a plethora of purposes, including mortgages, credit card applications, and more.

You may still qualify for a cash advance loan with poor credit in Flint, Michigan, as long as you can prove you will repay the loan.

Therefore, when you request a loan, whether it is in person or online, double check that you have your income information ready and any other documents proving that you can pay back the loan. The more proof you provide, the more likely your loan request will be granted.

When Will I Get My Money in Flint, Michigan?

When you get your cash really relies on the lender as some lenders offer same-day paycheck advance loans, which means you will get your cash advance loan on the same day you request a loan, as long as you're approved.

Much of the time, however, lenders will give the borrower their lump sum on the next business day. Businesses typically close for holidays and weekends. Because of this, if you submit your application on a Friday, you might not see your cash until Monday.

If you're looking for a same-day paycheck advance loan in Flint, Michigan, you will need to make sure you're applying by 10:30 am. Any and all same-day funds going out that day will be approved by that deadline. However, you should submit an application earlier than that if possible, as it will increase the likelihood that you receive your loan on the same day that you apply.

One other factor that you should understand is even if the money lender approves your application and posts the loan to your checking account, occasionally the bank won't release that funds right away. It's important to let your bank know that you plan to receive a payday advance loan, so they might make an exception in releasing the cash earlier.

Overall, it's best to prepare ahead of time to receive money on the next business day. That way, you're not left in the lurch if you cannot receive it on the same day.

Think About Borrowing From Us

If you have bad credit or no credit and are wanting to secure a paycheck advance loan, think about applying through us, as you frequently have a better chance of approval.

We work with over one hundred different lenders who offer their services online. Much of the time you will get your funds on the following business day so ensure that you plan appropriately.

Although, you can always find the nearest paycheck advance loan store to you and apply in person to strengthen the chances of seeing your cash on the same business day. When applying in person, make sure that you have your government ID or driver's license; a passport is sufficient. Sometimes, lenders may require proof of address, so take along a utility bill to the store as well.

To locate the nearest payday advance loan storefront, please use the list below and search for your city.

Payday Loan Direct Lender Companies in Flint, MI

Below you will find a list of payday loan companies offering their services in Flint, Michigan. If you can't find a lender near your location in Flint, consider applying in a nearby city in Michigan. Alternatively, you can apply online on our website and get a decision almost instantly.