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Michigan (MI) lender directory

Payday & Installment Loans in Michigan

Looking for a lender near you in Michigan? Pick your city below. We list 50 stores in 36 Michigan cities, built from lenders' own store pages. Data last checked October 9, 2026.

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Lending rules in Michigan

Rules marked "medium confidence" were checked against a published copy of the statute because the official site was unavailable to us. Confirm them with the official text before relying on them.

Payday loans (deferred presentment)

  • The service fee on a deferred presentment (payday) transaction is at most 15 percent of the first $100, then 14, 13, 12 and 11 percent of each further $100 (to the sixth $100). Source: Mich. Comp. Laws § 487.2153(1)(a) · verified Oct 9, 2026 · medium confidence
  • A licensee cannot make a deferred presentment transaction if the customer has an open one with that licensee or more than one open with any other licensee. Source: Mich. Comp. Laws § 487.2153(2) · verified Oct 9, 2026 · medium confidence
  • A licensee can defer cashing the customer's check for up to 31 days; the written agreement must carry this notice. Source: Mich. Comp. Laws § 487.2152 · verified Oct 9, 2026 · medium confidence
  • A customer who has made 8 deferred presentment transactions in a 12-month period is entitled to a repayment plan. Source: Mich. Comp. Laws § 487.2155 · verified Oct 9, 2026 · medium confidence
  • A repayment plan has 3 equal installments, one on each of the next three paydays, and must be requested within 30 days after maturity. Source: Mich. Comp. Laws § 487.2155 · verified Oct 9, 2026 · medium confidence

Lenders in Michigan are licensed by the Michigan Department of Insurance and Financial Services (DIFS), Consumer Finance. See also online lenders and apps in Michigan.

Questions people ask

Are payday loans legal in Michigan?

Yes. Payday lenders operate in Michigan under state rules. For example: The service fee on a deferred presentment (payday) transaction is at most 15 percent of the first $100, then 14, 13, 12 and 11 percent of each further $100 (to the sixth $100) (Mich. Comp. Laws § 487.2153(1)(a)).

How many installment lenders are in Michigan?

We list 50 installment lenders and 29 payday loan stores in Michigan, in 36 cities.

Which Michigan cities have the most lenders?

Flint (3), Saginaw (3), Battle Creek (2), Detroit (2) and Grand Rapids (2).

How much can lenders charge in Michigan?

The service fee on a deferred presentment (payday) transaction is at most 15 percent of the first $100, then 14, 13, 12 and 11 percent of each further $100 (to the sixth $100) (Mich. Comp. Laws § 487.2153(1)(a)). More limits are listed under the state rules on this page.

How do I check a lender's license in Michigan?

Lenders in Michigan are licensed by the Michigan Department of Insurance and Financial Services (DIFS), Consumer Finance. Contact the regulator, or use NMLS Consumer Access for lenders licensed through NMLS.

Answers are generated from the listings and verified rules on this page; see Sources below.

Sources

Listings, statistics and rules on this page come from these sources, with how many locations each one supplied.

  1. Check 'n Go locations (MI) · 29 locations Last verified Oct 15, 2026
  2. OneMain Financial branches (MI) · 21 locations Last verified Oct 15, 2026
  3. OpenStreetMap (Overpass API), MI · 13 locations Last verified Oct 15, 2026 © OpenStreetMap contributors, ODbL 1.0
  4. Mich. Comp. Laws § 487.2153(1)(a), Mich. Comp. Laws § 487.2153(2) · Payday loans (deferred presentment) Last verified Oct 9, 2026 · medium confidence
  5. Mich. Comp. Laws § 487.2152 · Payday loans (deferred presentment) Last verified Oct 9, 2026 · medium confidence
  6. Mich. Comp. Laws § 487.2155 · Payday loans (deferred presentment) Last verified Oct 9, 2026 · medium confidence

We re-check sources regularly and show the date each was last verified. Spotted a mistake? Tell us and we'll check it against the source.

CashAdvance is not a lender and does not take applications. Listings are information only, built from public records (such as state license lists) and lenders' own published details. Confirm hours, fees and terms with the lender before you visit or borrow.