- Payday loans in Stockbridge 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 Jackson, about 18 miles away.
Stockbridge at a glance
| Stockbridge | |
|---|---|
| Population (2024 Census estimate) | 1,298 |
| Change since 2020 | +3.8% (growing) |
| County | Ingham County |
| Size rank among 506 Michigan places we cover | 320th |
| Nearest larger city | Jackson (about 18 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Ingham County | 2 |
| Other towns within 25 miles | 18 (about 90,706 residents) |
| Typical payday APR statewide (CRL 2023) | 356% |
Whether you borrow at a storefront in Jackson or online from Stockbridge, the lender must hold a Michigan license from the Michigan Department of Insurance and Financial Services (DIFS) and follow state limits.
Credit unions near Stockbridge
No credit union has its main office in Stockbridge, but these are based elsewhere in Ingham County (NCUA, June 2026):
- Consumers Professional Credit Union in Lansing (state charter)
- Case Credit Union in Lansing (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 Stockbridge
Key Michigan limits that apply to Stockbridge borrowers: 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 Stockbridge
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 Ingham County before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Stockbridge that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Stockbridge
The nearest larger city is Jackson, about 18 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 Stockbridge?
Yes. Payday loans are legal in Stockbridge 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 Stockbridge?
At Michigan’s maximum fee, borrowing $300 costs $42. The typical statewide APR was 356% in 2023.
Where is the nearest credit union to Stockbridge?
No credit union is headquartered in Stockbridge, but Consumers Professional Credit Union is based in Lansing, also in Ingham 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