Detroit, MI Payday Loans Lenders

19 local stores from 2 companies located in Detroit, MI
Showing 1 to 2 of 2 Entries

All Detroit, MI Lenders Offices by Rating

Showing 1 to 10 of 19 Entries

12 CFPB Complaints in Detroit

There were 12 CFPB complaints in Detroit since Nov 2013.

Complaints over Years

Top 3 Companies

  • Check 'n Go: 9
  • Advance America: 2
  • Community Choice Financial: 1

Top 3 Complaints Issues

  • Taking/threatening an illegal action: 2
  • Money was taken from your bank account on the wrong day or for the wrong amount: 1
  • Attempts to collect debt not owed: 1

Latest Reviews

Kendra Carr
5 / 5 Aug 20, 2024
about Advance America's office
14640 Mack Ave., Detroit, MI 48215
Kristi Pope
5 / 5 Aug 19, 2024
about Advance America's office
15405 Gratiot Ave., Ste. 150, Detroit, MI 48205
Philip
5 / 5 Aug 19, 2024
about Advance America's office
15405 Gratiot Ave., Ste. 150, Detroit, MI 48205
Shaee M.
5 / 5 Apr 28, 2022
about Check 'n Go's office
18505 Grand River Avenue, Detroit, MI 48223
Theresa B.
5 / 5 Nov 8, 2016
about Advance America's office
15234 Wyoming St, Detroit, MI 48238
Timothy M.
4 / 5 Oct 8, 2016
about Check 'n Go's office
18505 Grand River Avenue, Detroit, MI 48223
Detroit Residents Debt-to-Income Ratios
Detroit residents have 560 median credit score and the average number of late payments is about 7.71. Below represented DTI (Debt-to-Income) ratios shows how Detroit residents debts stacks up against their income. As of 2020.
Credit Card DTI
5.09%
Mortgage DTI
170.52%
Car Loan DTI
34.54%
Student Loan DTI
61.17%
Detroit Residents Financial Statistics
Below represented statistics is for Detroit, Wayne County, Michigan. As of 2019.
Median age of Detroit's residents, years
34
Labour force participation rate, %
54.4%
Unemployment rate, %
15.7%
% of residents with no health insurance
8.4%
Median individual income, USD
$19,798
Median household income, USD
$30,894
% of households with income under $35,000
55.2%
% of households with income $35,000 - $75,000
28.8%
% of households with income $75,000 - $100,000
7.2%
% of households with income over $100,000
8.8%
% of households that own their residence
47.2%
Median home value owned by residents, USD
$50,327
Median rent cost, USD
$824
Rent Burden, %
44.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
Michigan Flag
Detroit, MI
Payday Loans are legal* in Michigan.
Store
19 Local Stores
Company
2 Companies
Review
4676 Reviews
Online
YES Online Loans