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Find the Best Payday Lenders in Detroit, MI

Payday loans fill the gap between paychecks when emergencies arise for those who don’t have access to credit cards or a savings account. Due to the high interest and short term of payday loans, consumers should choose wisely. We researched the best payday loans in Detroit for their reputation along with alternative sources for borrowing.

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Compare Top Payday and Title Loans

Overall satisfaction rating
  • Exclusive discounts
  • Receive funds in 24 hours
  • Financial education
  • Loans up to $600

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Advance America
  • Apply in store & online
  • Direct lenders
  • Visa prepaid cards
  • MoneyGram services
3440 E. Jefferson Ave.
Detroit, MI 48207
(313) 567-0709
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Check ’n Go
  • Online loan options
  • Online application
  • Check cashing service
  • Funds in 24 hours
3163 E. Jefferson Ave.
Detroit, MI 48207
(313) 568-4000
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Approved Cash
  • M-Th: 10am - 6pm
  • F: 10am - 7pm
  • Sat: 9:30am - 1pm
  • approvedcashadvance.com
27219 W. 7 Mile Rd.
Redford, MI 48240
(313) 533-5520
Woodward Check Cashers
  • Open 24 hours
  • woodwardcheckcashers.com
3401 Woodward Ave.
Detroit, MI 48201
(313) 832-4155
Detroit Money Stop
  • M-Sat: 10am - 6pm
  • Closed Sun
  • detroitmoneystop.com
14366 Gratiot Ave., Ste. 100
Detroit, MI 48205
(313) 526-2274
Allied Cash Advance
  • M-Sat: 10am - 6pm
  • Closed Sun
  • locations.alliedcash.com
1633 S. Merriman Rd.
Westland, MI 48186
(734) 641-9830
  • M-Sat: 8am - 7pm
  • Closed Sun
  • ccfi.com/checksmart
26151 Gratiot Ave.
Roseville, MI 48066
(855) 920-9800
Cash Connection
  • M-F: 9am - 6pm
  • Sat: 10am - 4pm
  • Closed Sun
  • cashconnection.us
14114 Telegraph Rd.
Detroit, MI 48239
(313) 537-0622
Cash Now
  • M-Sat: 9:30am - 6:30pm
  • Closed Sun
  • cashnowmi.com
6232 Michigan Ave.
Detroit, MI 48210
(313) 898-5626
Express Payday Advance
  • M-Th: 10am - 6pm
  • F: 10am - 6:30pm
  • Sat: 10am - 2pm
  • lincolnparkpaydayloans.com
24960 Outer Dr.
Lincoln Park, MI 48146
(313) 251-2625

Payday lending is illegal and unavailable to consumers in some states. Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear understanding of the fees, terms and conditions of any payday loan before borrowing.

How to get a payday loan in Detroit

detroit skyline

Payday loans are fast and convenient. Storefront and online options give you immediate funding decisions. Payday loan requirements are relatively simple. Even those with low credit scores can borrow. The decision depends on the borrower’s income stability and ability to repay the debt.

In Michigan, the Deferred Presentment Service Transaction Act governs payday loans and caps the max amount to one loan at a time of no more than $600 per lender; however, consumers can take out an additional payday loan from a different lender.

Michigan also limits the service fees lenders can charge. A 45 cent verification fee per transaction can be charged above this limit.

Michigan payday loan amounts, service fees and interest rates

Loan amount Max service fee APR
$50 $7.50 391%
$100 $15 391%
$200 $29 378%
$300 $42 365%
$400 $54 351%
$500 $65 338%
$600 $76 330%
Note: Based on a two-week loan without a 45 cent verification fee.

Payday lender rates vary by company. Low interest rate payday loans, while still higher than traditional loans, can be found by comparing lender rates to the maximum rate allowed in Michigan.

State law prohibits payday lenders from using criminal processes to collect on a debt, but lenders can pursue civil action against borrowers who do not repay. Under the United States Fair Debt Collections Practices Act, it is illegal for lenders to threaten jail time.

Alternatives to payday loans in Detroit

Payday loans might seem like an ideal way to get money fast in a dire situation, but with interest rates at almost 400 percent, there are alternatives to consider. The best alternative is a Payday Alternative Loan, or PAL, backed by the United States Federal Government and available through National Credit Union Association members.

These loans have interest rates below 28 percent, are available to those with poor credit scores and have repayment terms between one and six months. The only downside is that to qualify you must be a member of the credit union for one month prior to receiving the loan.

Other alternatives include:
  • Taking out a credit card cash advance
  • Personal or 401k loan
  • Paycheck advance
  • Borrowing from a family member or friend

But when you need funds immediately and have no one else to borrow from, payday loans are the only option.

Detroit Payday Loans Reviews


This online lender offers a quick application process, instant decision and fast access to funds. Customers love CashNetUSA’s understanding and knowledgeable customer service, the company’s easy-to-navigate website and timely responses to questions.


Advance America

Apply online from the convenience of home or at one of Advance America’s 12 Detroit locations for cash approval in only 15 minutes. Friendly staff helps customers identify the right solution for every situation. Other than disliking the occasional long wait, customers love having Advance America on their side when times are tough.

Advance America

Check ’n Go

Check ’n Go offers online payday loan applications and 10 Detroit storefronts where consumers from across the city can access payday loan, check cashing, prepaid card and Western Union services. Customer reviews praise multiple Detroit locations with having fast, friendly, efficient and non-judgmental service.

Check ’n Go