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Old 09-13-2009, 06:40 PM
Cheryl Lynn Cole Cheryl Lynn Cole is offline
 
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Default can someone please help

I live in Michigan and was wondering how you find out which internet payday loan companies are licensed to give out loans in Michigan.
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Old 09-14-2009, 08:18 PM
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bakerjon bakerjon is offline
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Michigan state law How much have you borrowed and paid so far?
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Old 09-14-2009, 08:43 PM
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Hi Cheryl and welcome, we need more information before we can help you. Please list the following information:
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
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Old 09-14-2009, 10:30 PM
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Have you already taken loan from internet lenders? Or, are you only looking for the licensed lenders to obtain loan? If you are already facing issues with IPDLs you may like to answer the questions asked by Shazz at your earliest.
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Old 09-15-2009, 07:36 AM
clc
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Hi, here's my list: I live in Michigan all internet loans
CMG 250.00 paid back 225.00 fee 75.00 every 2 weeks
Cash Yes 250.00 paid back 337.50 fee 37.50 every 2 weeks
United Cash Loans 300.00 paid back 270.00 fee 90.00 every 2 weeks
Loanshop DMS 100.00 paid back 91.00 fee 15.00 every 2 weeks
GRC LPUSA 600.00 Paid so far 360.00 fee 180.00 every 2 weeks
Ace Cash Service 200.00 paid so far 120.00 fee 60.00 every 2 weeks
500Fash Cash 300.00 paid so far 180.00 fee 90.00 every 2 weeks
Paydaymax 600.00 paid so far 167.58 fee 167.58 1st pmt. 60.00 week after that
SCS-processing{everest] 400.00 haven't paid any yet 120.00 every 2 weeks
cash transfer center 500.00 haven't paid yet 599.90 due in 2 weeks no rollover
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Old 09-15-2009, 08:58 AM
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Click the link below to read your payday loan laws.
http://www.paydayloaninfo.org/state_detail.cfm?id=MI
MI requires Internet lenders to be licensed by your state.
Click the link below to search the MI licensee data base, but I don't think any of your lenders are licensed. You'll need to look around the site to locate non depository licensee's.
http://www.michigan.gov/dleg/0,1607,...555---,00.html
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Old 09-15-2009, 08:59 AM
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The first thing you will need to do is close out your current account so you can get back control of your finances. I am going to give you a link on how to deal with illegal lenders, please read it thoroughly, it's important that you follow the steps in order. CLICK HERE to find out how to deal with illegal lenders.
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