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 Posted: Tue Sep 30, 2008 3:02 pm Subject: THINKCASH IN MICHIGAN |
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Is Thinkcash licensed to operate in michigan?
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inpdlhell
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| Posted: Wed Oct 01, 2008 2:39 am Subject: |
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Yes, Think Cash is licensed to lend in Michigan
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| Posted: Wed Oct 01, 2008 4:49 am Subject: |
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BTW, Thinkcash is NOT a payday loan. Its an installment loan.
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lmale
Joined: 28 Mar 2008
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| Posted: Wed Oct 01, 2008 5:18 am Subject: |
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I would leave them alone.......they sound like Cash Call to me.
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wssu91
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| Posted: Wed Oct 01, 2008 5:30 am Subject: |
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they are:)
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lmale
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| Posted: Wed Oct 01, 2008 3:07 pm Subject: |
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ive got thinkcash myself and in michigan. They are very very high interest, OUCH!! I have fallen behind, but the interest is still building day by day!! I had 12 payments of $88.54 for a $500 loan and if you cant pay that off in a couple of payments, it will be over $1000.
I have pd 3 payments and now i am 2 wks late on a payment, which they are aware of and my interest is at $203 as of today, so even if i could pay it off today, it would be $703 and ive already pd $265.62, so i will be ove rthe $1000.
i just made it look worse for myself : (
Good luck to you and do what you need to do!!
take care.
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wendylynn93
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| Posted: Wed Oct 01, 2008 4:58 pm Subject: |
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what is the difference between a payday loan and an installment loan? Are they legal everywhere? I am wondering the same thing. I live in Arizona.
What are the laws regarding an installment loan?+
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| Posted: Thu Oct 02, 2008 8:39 am Subject: |
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an installment loan with Thinkcash is backed by the bank of deleware so they have different laws, they would go by banking laws & not pdl laws...from what I understand they can charge pretty much whatever they want, within reason of course, and it is legal
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dawnlango7
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