Our fees are regulated by the state of Michigan so you have the ability to take out a payday advance and pay it back without feeling like you are being gouged by high charges or other fees.
New customers who take out a payday advance can do so without paying any fees on loans up to $200.00. For example: If you only need $100 the fee would have been $15.00, but instead you pay no fees. If you need $400 the fee would have ben $54.00, but we subtract what the fee would have been up to the no fees on the first $200 ($54.00 - $29.00 and you only pay $25.00 for that $400 advance). It's a simple process. A .45 charge is always associated with Michigan payday advances that go directly to the state of Michigan to keep fees low.
A new client must have:
Open and active checking account for 2 months minimum.
Full time employment for at least 6 months minimum or permanent government issued income.
Michigan Drivers license or State issued ID card.
Social Security Card.
Most recent paystub.
Most recent bank statement.
Advance Amount
Fee
State Charge
Total Due
$25
$3.75
$0.45
$29.20
$50
$7.50
$0.45
$57.95
$75
$11.25
$0.45
$86.70
$100
$15.00
$0.45
$115.45
$125
$18.50
$0.45
$143.45
$150
$22.00
$0.45
$172.45
$175
$25.50
$0.45
$200.95
$200
$29.00
$0.45
$229.45
$225
$32.25
$0.45
$257.70
$250
$35.50
$0.45
$285.95
$275
$38.75
$0.45
$314.20
$300
$42.00
$0.45
$342.45
$325
$45.00
$0.45
$370.45
$350
$48.00
$0.45
$398.45
$375
$51.00
$0.45
$426.45
$400
$54.00
$0.45
$454.45
$425
$56.75
$0.45
$482.20
$450
$59.50
$0.45
$509.95
$475
$62.25
$0.45
$537.70
$500
$65.00
$0.45
$565.45
$525
$67.75
$0.45
$593.20
$550
$70.50
$0.45
$620.95
$575
$73.25
$0.45
$648.70
$600
$76.00
$0.45
$676.45
* Instant Cash Advance and third party lender funds are generally deposited via ACH for delivery next business day if approved by 9pm EST Mon. – Thu.
** Due to state and verification requirements, not all applicants for online loans may be eligible for instant approval by Instant Cash Advance or third party lenders.
*** Some customers applying for payday loans or installment loans may be required to submit additional documentation due to state law and qualification criteria.
† Instant Cash Advance or third party lender does not perform traditional credit checks as part of its credit transaction approval process, but does verify applicant information via national databases including, but not limited to, Tele-Track and CL Verify. If you have defaulted on past transactions, you may be declined for a cash advance from Instant Cash Advance.
‡ Maximum funded amount for payday loans or installment loans depends on qualification criteria and state law. See Rates and Terms for details
Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling. Payment plan available where allowed by law. Permissible Fee and APR for a $100 Payday Cash Advance is a maximum fee of $15.00 (391.07% APR). Fee and APR calculated based on 14-day advance. See store for any additional regulations, requirements or restrictions. Instant Cash Advance Corp is a member of the CFSA.
