Trenton, MI · Midwest · Allowed
Payday loans in Trenton
Trenton is governed by Michigan's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Michigan. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Trenton
18,253 residents · Wayne County Median household income is $55,218 — below the Michigan median of $56,012.
| Nearest storefronts | Town | Phone |
|---|---|---|
| Advance America | Riverview 2 mi | (734) 479-4872 |
| LSB Capital | Riverview 2 mi | (419) 665-3183 |
| Advance America | Brownstown 3 mi | (734) 692-5971 |
| Advance America | Southgate 5 mi | (734) 324-4670 |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Michigan page before visiting. Spot an error? Report it.
The online route in Trenton
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Michigan follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Michigan regulator.
The rules behind the numbers
A deferred presentment service transaction is not intended to meet long-term financial needs.
In practice: borrow $300 for a standard term and the finance charge is $42 — $342 repaid at the end, about 365% APR. Every compliant lender in Trenton has to fit inside that schedule.
Statute: MCL 487.2121 et seq. (Deferred Presentment Service Transactions Act)
Regulator: Michigan Department of Insurance and Financial Services · www.michigan.gov
Questions people ask in Trenton
Are payday loans legal in Trenton, MI?
Yes. Storefront payday lending is permitted across Michigan, and Trenton runs under the same state rules: maximum loan $600, fees capped at 15% on first $100, 14% on 2nd $100, 13% on 3rd $100, 12% on 4th $100, 11% on 5th & 6th $100. A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Trenton?
The same as anywhere in Michigan: state law sets the schedule. On a typical $300 loan the finance charge is about $42 — $342 repaid at the end of the standard term.
Which lenders have stores in Trenton?
Our 2022-02-20 directory snapshot lists no storefront lenders in Trenton — the closest listed locations are in Riverview, Brownstown, Southgate.
Who regulates lenders in Trenton?
Complaints about a lender go to the Michigan Department of Insurance and Financial Services (www.michigan.gov) — keep the loan agreement and every fee disclosure you were given.