We found 49 results 1 2 Next. Payday loans and cash advances Hours: To apply for a loan, we require at least a valid ID, proof of income, an active checking account and a working phone number - call store first to confirm. Port Huron Township, MI. Don't even think about getting a mortgage here. This opportunity is very useful for the people who need costs as soon as possible because of the particular life difficulties.
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However they are really very expensive and can lead to financial problems. This is the reason behind a lot of discussions about payday loans and also behind the laws that prohibit operation of payday lending companies in many states. In the state of Michigan payday loans are considered legal, however, there are certain limitations with which lenders should apply. Borrowers are allowed to have not more than two outstanding loans, although, from different lenders.
Payday loans can be given for a period no longer than 31 days; no extensions are allowed above it. In case a borrower cannot repay in time and his outstanding number of loans equals 8 for a period of 12 months, an installment payback plan should be requested.
The borrower is still responsible for the repayment and may be subject to collection actions from the lender. Interest charges for payday loans in the state of Michigan go as follows: Verification fee equates 45 cent with some lenders. A borrower is also eligible to notify a lender with a letter in case the former considers that the latter was operating against the law. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page.
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