We offer Payday Loans of up to $500 to get you over the unexpected obstacles life throws your way. These loans enable you to pay your bills until your next payday comes along. When it does, you simply repay the amount borrowed along with a small amount of interest.
We offer Lines of Credit of up to $1,600 to give you the financial freedom to cover expenses as they arise. Once you're approved for a Line of Credit, you can rest assured that you'll be able to access cash when you need it. You can borrow any amount up to the amount you were approved for and simply make monthly payments until you have paid back the amount you borrowed along with a small amount of interest.
A Payday Loan is a short-term solution to an unexpected financial hurdle. For example, if you have to miss a few shifts at work due to a family emergency and find that you don't have the money to pay your rent, you can apply for a payday loan of up to $500. The full balance of the loan, plus interest, must be repaid on your next payday.
A Line of Credit, on the other hand, offers more long-term financial security. Once you have been approved for a Line of Credit, you can borrow up to the amount for which you have been approved at any time. This means you have money to fall back on when life throws obstacles your way. You'll make payments toward the amount you have borrowed as well as paying accrued interest each month.
Payday Loan payments are due on your next payday and Line of Credit Loan payments are due on a monthly basis.
We make it easy! You can pay online here.
You can apply online, and we’ll reach out to you within one business day to let you know if you’ve been approved. If you submit your loan request during business hours, we can typically reach out to you within minutes!
At your local Mike's Rent-to-Own store!
Taking out a loan with Mike’s is incredibly easy and stress-free! Once you apply online, we will reach out to let you know if you’ve been approved. Once approved, you simply come into your local store and complete the paperwork with a Mike’s associate. Then, you can walk out the door with your loan in-hand!
With a Line of Credit loan, you’ll never encounter a late fee. If you take out a payday loan and are late making your payment, a small late fee will apply
We don’t believe in charging cash advance fees, or annual fees, like you might encounter with other loan companies. What you see is what you get at Mike’s!
Licensed in the State of Kansas, # SL0000197. Loans regulated by the OSBC; subject to state regulations, credit check, underwriting, and approval. Rates, terms and conditions apply. A single payday loan is typically 2 to 4 weeks long; however, borrowers often use these loans over a period of months, which can be expensive. Payday advances are not recommended as a long-term financial solution. Customers with credit difficulties should seek consumer credit counseling.