Are you dealing with a sudden emergency? Do you need money fast? MI payday loans could be the solution to your financial predicament. Payday loans let you tap into the money that you will be receiving with your next paycheck. These Michigan loans are ideal for those times when you just cannot wait until your paycheck hits your bank account. A payday loan can have funds in your bank account in as little as 24 hours.
The benefits of MI loans
During the Michigan loan application process, you are required to provide bank account information. Once you are approved, the money is deposited directly into your bank account. This makes the money available to by the next day. Having it deposited into your bank account also makes it easy for you to make any payments as you normally would, without having to wait for a check to arrive in the mail.
Do I qualify for a loan?
There are some requirements that you should be aware of before applying for a payday loan in Michigan:
- Minimum age of 18
- U.S. citizen
- Regular income from a verifiable source
- Checking account
Speed, convenience, ease of application and approval process, fast money transfer - these are all the qualities of cash loans. Besides, Michigan payday lenders do not choose their borrowers with regards to the credit score of the latter. This is also one of the reasons why bad credit customers choose the small cash option above all others – their chances of getting approval are as good with payday lenders as they are for good credit borrowers.