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Michigan AG taking illegal loans seriously!

Date: Mon, 10/28/2013 - 06:24

Submitted by Mitch
on Mon, 10/28/2013 - 06:24

Posts: 70 Credits: [Donate]

Total Replies: 2


I had a loan thru Spot Loan, paid back the principal with an overage of like $18. I filed a complaint wig my AG. They sent a letter to Spot Loan and I got another letter from my AG stating Spot Loan never replied and they are not legal in Michigan and they are taking further action. Spot Loan doesn't bother me buy my $400 loan is now $800 in finance charges. Hopefully they will take this company down too. Yay State of Michigan!!