Cash Advance in Detroit, 48212

Payday loans in Detroit provide residents with quick funds for unexpected expenses like medical bills or home repairs. 

Borrowers can get up to $600 for financial emergencies.

Prospective borrowers should prepare or meet the following typical requirements:

• Social Security Number
• Valid state-issued ID
• Address
• Borrowers must be at least 18 years old

Loan terms can extend up to 31 days, with fees ranging from 11-15%, depending on the loan amount. 

In Detroit, payday loans are referred to as “deferred presentment service transactions” and are legally regulated. 

Despite these fees, the legal framework, including the Deferred Presentment Service Transactions Act, aims to protect consumers while offering them financial alternatives.

After preparing the requirements above, borrowers can start the loan inquiry process by filling out our online inquiry form.