Personal loans in Centreville, MI

A lender serving Centreville holds a Michigan license and answers to a Michigan regulator, not to any city office. Roughly 1,321 residents live in Centreville, the 318th-largest community in Michigan. Centreville lost roughly 0.2% of its population across the 2020-to-2023 comparison. Rate ceilings, licensing requirements and product limits in Michigan are all set at the state level. Pull your credit reports, line up at least three offers, and model the payment before you apply. The nearest larger metro is Three Rivers, MI about 6 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Borrowing in Centreville: the local picture

Most of what governs a Centreville loan is written in Michigan law rather than in the city; the sourced notes below make that split concrete.

Population: about 1,321, ranked 318th of 533 places in Michigan (Census Vintage 2023 subcounty estimate).
Population trend: Lower by roughly 0.2% since the 2020 count.
Size percentile: bigger than about 40% of the places in Michigan.
Location: mapped by the US Census Bureau at 41.9216, -85.5259.
Nearest larger cities: Three Rivers (6 mi); Constantine (9 mi); Sturgis (10 mi); White Pigeon (11 mi); Vicksburg (14 mi). Online lenders reach Centreville no matter how far the nearest branch is.
Smaller communities close by: Mendon (7 mi); Colon (11 mi); Burr Oak (12 mi), each with its own Census population profile.

What Michigan law requires in Centreville

When the state does not publish a figure, the row links to the source instead of inventing a number.

Rule	Detail	Source
Regulated lender interest/finance charge cap	25% per annum (Credit Reform Act, MCL 445.1854(1)) Source says: "may charge, collect, and receive any rate of interest or finance charge for an extension of credit not to exceed 25% per annum"	Michigan Legislature as of 2026-09-16
Maximum legal interest rate (usury cap)	7% per annum maximum by written agreement; 5% legal rate (MCL 438.31) Source says: "it shall be lawful for the parties to stipulate in writing for the payment of any rate of interest, not exceeding 7% per annum"	Michigan Legislature as of 2026-09-16
Payday lending status	Legal and licensed — deferred presentment service transactions (2005 PA 244; MCL 487.2121 et seq.), licensed and regulated by DIFS Source says: "AN ACT to regulate the business of providing deferred presentment service transactions; to require the licensing of providers of deferred presentment service transactions"	Michigan Legislature as of 2026-09-16
Small-loan / installment lender licensing	License required from the commissioner to make regulated loans (Regulatory Loan Act, MCL 493.1 et seq.) Source says: "a person shall not engage in the business of making loans of money ... without first obtaining a license from the commissioner"	Michigan Legislature as of 2026-09-16
State lending regulator	Michigan Department of Insurance and Financial Services (DIFS) Source says: ""Department" means the department of insurance and financial services"	Michigan Legislature as of 2026-09-16

What a Centreville personal loan looks like

A personal loan can fold higher-rate debt together, fund a planned expense, or absorb a one-off cost — provided the payment fits without new borrowing. Compare the APR rather than the interest rate, because origination fees and sometimes prepayment penalties are folded into it. No advertised example rate is a quote for your own situation.

A pre-application checklist for Centreville

Complete these steps first when you borrow in Centreville:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Price the payment first with our personal loan calculator before any lender quotes you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the lender holds a Michigan licence by checking the regulator named above.
Read the disclosure for an origination fee and any prepayment penalty before signing.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Centreville if my credit is poor?

Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Centreville is the same as anywhere in Michigan.

What loan size can I expect in Centreville?

Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.

Do I have to pledge anything to borrow in Centreville?

For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.

Does comparing loans in Centreville cost me credit score points?

Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Three Rivers, MI — population 7,928
Mendon, MI — population 868
Constantine, MI — population 1,990
Sturgis, MI — population 11,012
White Pigeon, MI — population 1,725
Vicksburg, MI — population 3,929
Colon, MI — population 1,198
Burr Oak, MI — population 760