- Payday loans in Buckley follow Michigan law (Deferred Presentment Service Transactions Act (Act 244 of 2005)).
- Borrowing $300 at the state maximum costs $42.
- The nearest larger city is Muskegon, about 93 miles away.
Buckley at a glance
| Buckley | |
|---|---|
| Population (2024 Census estimate) | 775 |
| Change since 2020 | +1.3% (growing) |
| County | Wexford County |
| Size rank among 506 Michigan places we cover | 391st |
| Nearest larger city | Muskegon (about 93 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Wexford County | 1 |
| Other towns within 25 miles | 13 (about 32,962 residents) |
| Typical payday APR statewide (CRL 2023) | 356% |
There is no separate Buckley payday law: Michigan rules apply here, and any lender serving Buckley residents, online or in person, needs a license from the Michigan Department of Insurance and Financial Services (DIFS).
Credit unions near Buckley
No credit union has its main office in Buckley, but these are based elsewhere in Wexford County (NCUA, June 2026):
- Wexford Community Credit Union in Cadillac (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Buckley
In short, Michigan rules that cover Buckley include: maximum loan: $600; maximum fee: 15% of the first $100, 14% of the second, 13% of the third, 12% of the fourth, 11% of the fifth and sixth ($76 on $600); loan term: up to 31 days. See the full Michigan payday loan rules.
What a $300 loan costs in Buckley
At Michigan’s maximum fee, borrowing $300 costs $42. Statewide, the typical APR on a $400 payday loan was 356% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Wexford County before you borrow
Before a payday loan, Buckley residents can usually find something cheaper:
- Local assistance through 211 covering Wexford County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Buckley
The nearest larger city is Muskegon, about 93 miles away. See all 506 Michigan cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Buckley?
Yes. Payday loans are legal in Buckley under Michigan state law, and lenders must be licensed by the Michigan Department of Insurance and Financial Services (DIFS).
How much does a payday loan cost in Buckley?
At Michigan’s maximum fee, borrowing $300 costs $42. The typical statewide APR was 356% in 2023.
Where is the nearest credit union to Buckley?
No credit union is headquartered in Buckley, but Wexford Community Credit Union is based in Cadillac, also in Wexford County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Michigan DIFS — Deferred presentment FAQ
- Act 244 of 2005
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary