- Payday loans in Melvindale 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 Allen Park, about 2 miles away.
Melvindale at a glance
| Melvindale | |
|---|---|
| Population (2024 Census estimate) | 12,401 |
| Change since 2020 | -3.2% (shrinking) |
| County | Wayne County |
| Size rank among 506 Michigan places we cover | 73rd |
| Nearest larger city | Allen Park (about 2 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Wayne County | 20 |
| Other towns within 25 miles | 71 (about 2,511,659 residents) |
| Typical payday APR statewide (CRL 2023) | 356% |
There is no separate Melvindale payday law: Michigan rules apply here, and any lender serving Melvindale residents, online or in person, needs a license from the Michigan Department of Insurance and Financial Services (DIFS).
Credit unions near Melvindale
No credit union has its main office in Melvindale, but these are based elsewhere in Wayne County (NCUA, June 2026):
- Downriver Community Federal Credit Union in Ecorse (federal charter — may offer payday alternative loans (PALs))
- International Uaw Federal Credit Union in Detroit (federal charter — may offer payday alternative loans (PALs))
- Michigan Columbus Federal Credit Union in Livonia (federal charter — may offer payday alternative loans (PALs))
- Wayne-Westland Federal Credit Union in Westland (federal charter — may offer payday alternative loans (PALs))
- Shore To Shore Community Federal Credit Union in Trenton (federal charter — may offer payday alternative loans (PALs))
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.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Payday loan rules that apply in Melvindale
In short, Michigan rules that cover Melvindale 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 Melvindale
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 Wayne County before you borrow
Before a payday loan, Melvindale residents can usually find something cheaper:
- Local assistance through 211 covering Wayne 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 Melvindale
The nearest larger city is Allen Park, about 2 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 Melvindale?
Yes. Payday loans are legal in Melvindale 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 Melvindale?
At Michigan’s maximum fee, borrowing $300 costs $42. The typical statewide APR was 356% in 2023.
Where is the nearest credit union to Melvindale?
No credit union is headquartered in Melvindale, but Downriver Community Federal Credit Union is based in Ecorse, also in Wayne 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