Payday loans in Fenton, MI
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Fenton, MI.
The median household in Fenton earns $80,000 a year, 10% above the Michigan median of $72,875. About 7% of residents live below the federal poverty line, and 36.9% of households rent their home. When an unexpected bill hits before payday, Fenton residents can request $100 to $1,000 online in minutes.
Michigan law that applies in Fenton
| Maximum loan | A licensee may make one payday loan to you for any amount up to $600 (fees not included). |
|---|---|
| Fee cap | The service fee may not exceed 15% of the first $100, 14% of the second $100, 13% of the third $100, 12% of the fourth $100 and 11% of the fifth and sixth $100 - $76 on a $600 loan - plus any allowed database verification fee. |
| Rollovers | A lender may not renew a payday loan. |
| Loans at once | You may have only one open payday loan with a given lender and no more than two open payday loans in total. |
| Payment plan | If you take 8 payday loans from any lender(s) in a 12-month period, you can ask (within 30 days after the due date) to repay the eighth and later loans in 3 equal installments due on your next 3 paydays. |
Full rules with statute citations: Payday Loans in Michigan. Cities in Michigan cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a payday loan in Fenton
Here's what to have on hand before you start your payday loan request in Fenton:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Fenton
What Fenton borrowers use it for
pay a doctor, dentist or pharmacy bill now
Holiday expensesgifts and travel without maxing a card
Emergencieshandle the unexpected the same week
Car repairskeep getting to work while the shop fixes it
Loans for your situation
How to get a payday loan in Fenton
- Pick an amount and fill out the short form (about 3 minutes).
- We share your request with lenders in our network that serve Michigan.
- If a lender approves you, you'll see the fee, APR and due date before you sign.
- Funds are deposited to your bank account, often the next business day.
Estimate your cost
How much will I repay?
Michigan does not set a single per-$100 fee cap for this product; check the lender's disclosure. $15 per $100 is shown as an example.
Estimate only. Your lender shows your exact cost before you sign.
Banks and credit unions in the area
Banks with branches in Fenton
9 FDIC-insured bank branches from 5 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| ChoiceOne Bank | 4 | 175 N Leroy St, Fenton 48430 |
| The Huntington National Bank | 2 | 226 W Caroline St, Fenton 48430 |
| Fifth Third Bank, National Association | 1 | 1231 N Leroy St, Fenton 48430 |
| Flagstar Bank, National Association | 1 | 16390 Silver Pkwy, Fenton 48430 |
| JPMorgan Chase Bank, National Association | 1 | 15000 Silver Lake Parkway, Fenton 48430 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Fenton
4 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| Genisys | 15405 Silver Pkwy, Fenton 48430 |
| Dort Financial | 14265 N Fenton Rd, Fenton 48430 |
| Elga | 1390 N Leroy St, Fenton 48430 |
| Financial Plus | 15125 Silver Pkwy, Fenton 48430 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Oakland County · Genesee County · Livingston County · Personal Loans in Fenton
Frequently asked questions
Can I get a payday loan in Fenton, MI?
Payday loans (deferred presentment service transactions) are legal in Michigan from lenders licensed under the Deferred Presentment Service Transactions Act (2005 PA 244), with a $600 cap per loan, a tiered fee limit, a 31-day maximum term and a statewide database. You can request one online from Fenton through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Fenton?
A licensee may make one payday loan to you for any amount up to $600 (fees not included).
How fast can I get a payday loan in Fenton?
The form takes about three minutes and many lenders decide within minutes. If you're approved and sign before the lender's cutoff, funds are often deposited the next business day.
How do payday loans work in Fenton?
You fill out a short online request, a lender reviews your income and banking details, and if you're approved you see the amount, fee and due date before you sign. Funds are typically deposited into your checking account, often by the next business day. On your due date, repayment is usually taken from that same account. Fenton residents can start the process online in about 3 minutes.
How much does a payday loan cost in Fenton?
The service fee may not exceed 15% of the first $100, 14% of the second $100, 13% of the third $100, 12% of the fourth $100 and 11% of the fifth and sixth $100 - $76 on a $600 loan - plus any allowed database… Your lender shows the exact fee, total amount to repay, due date and APR before you sign, so you know the full cost upfront. There's no charge to use our form, and you're never obligated to accept an offer. Compare what lenders offer Fenton borrowers in about 3 minutes.
Is a payday loan secured or unsecured?
A payday loan is an unsecured loan. You don't put up a car, home or other property as collateral. Instead, lenders base their decision mainly on your income and checking account, and repayment is usually scheduled from that account on your due date. That keeps the process quick, since there's nothing to appraise. Fenton residents can see if they qualify in about 3 minutes.
Do payday lenders in Fenton check your credit?
Most payday lenders check something, but it often isn't a traditional credit report. Many focus on income and banking history and may use alternative credit data or a soft check instead of a hard pull from the major bureaus. Each lender sets its own process and will tell you what it reviews. Submitting our form is free, and you can see if you qualify in about 3 minutes.
Is a payday loan the same as a cash advance?
The terms are often used interchangeably. A payday loan is sometimes called a cash advance because it advances money against your next paycheck. A credit card cash advance is different: you withdraw cash against your card's credit limit, which requires available credit on a card. If you don't have card credit to tap, a payday loan through our network is a fast option. Check your options in about 3 minutes.
Do I need to visit a store in Fenton?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.