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I found this on rtoonline-

http://www.rtoonline.com/Content/Article/Apr08/MichiganDeferredPresent mentRoss040408.asp

Posted: Fri Apr 04, 2008 8:18 pm Subject:

good post, Roadwarrior! I've posted a few other things I've found lately that indicate that Michigan is FINALLY starting to sit up and take notice of the issues that surround the payday lending industry. They're starting to go after the illegal internet lenders as well.

Posted: Sat Apr 05, 2008 4:53 am Subject:

That is disturbing that they would charge such exorbitant fees as twice the amount of the check. Now if they stepped even further outside the law and tried to present it again as an electronic transaction (e-check) with the return check fees included it would look like this:
1. $75
2. $225
3. $675
4. $2,025
5. $6,075
6. $18,225
7. $54,675
8. $164,025
9. $492,075
10. $1,476,225

That would be in the span of two business weeks.
Shocked