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Online loans and Michigan

Date: Mon, 05/07/2012 - 13:08

Submitted by anonymous
on Mon, 05/07/2012 - 13:08

Posts: 202330 Credits: [Donate]

Total Replies: 2


Hi, I have a few online loans and would like to know if they are legal for the state of Michigan. Based on the interest payment I am pretty sure about two of them:

Mycashnow
NationalPayDay

What about installment loans?

Plaingreenloans
Greatplains lending

Are these considered payday loans too and if so, are they illegal in my state?