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Question about online payday installment loan lenders in Michigan

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Posts: 5
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Does anyone know if these online payday loan installment lenders are legal in the State of Michigan:

Maxlend (Parshall, ND)
Elastic (Republic Bank & Trust Company)

Advanced America
Check N Go

If they are not legal, what are my options in getting out of them? I have closed my bank account access to them, but I have a feeling they are not going to be nice. Any input would be great!

Advanced America and Check N Go are legal lenders. Now that you have closed your bank account, it will force your account to collections. You can negotiate for a settlement with debt collectors.

Sub: #1 posted on Mon, 06/05/2017 - 22:05

(Posts: 3937 | Credits: )

I believe Maxlend and Elastic both are legal.
As "SC" said earlier, you might be getting collection calls soon. So, prepare yourself to handle the debt collectors wisely.
If they start calling and harassing you, ask them to stop calling and only communicate in writing.

Sub: #2 posted on Tue, 06/06/2017 - 05:15

Barbara Delinsky Barbara Delinsky

(Posts: 432 | Credits: )

Soon, you will get collection calls for the money you owe. Talk to the debt collectors for a settlement.

Sub: #3 posted on Tue, 06/06/2017 - 06:02

sanderspatricia29 sanderspatricia29

(Posts: 1189 | Credits: )

So I just read that Maxlend is tribal affiliated. Doesn't that make them illegal in my state? I'm new to this whole thing. I have paid above and beyond the principal balances on these two loans.

Sub: #4 posted on Tue, 06/06/2017 - 06:31

jdadscody jdadscody

(Posts: 5 | Credits: )

As per my research: Maxlend (Parshall, ND) are crooks. If you have paid the principal amount, then don't pay a single penny. If they call you for money, contact the State's attorney general for help.

Sub: #5 posted on Wed, 06/07/2017 - 04:17

sanderspatricia29 sanderspatricia29

(Posts: 1189 | Credits: )

Thanks for the input. I have actually paid over the principal amount for Maxlend. Am I due a refund? Also, does anyone know about Elastic and whether they are illegal in the state of Michigan as well?

Sub: #6 posted on Wed, 06/07/2017 - 04:50

jdadscody jdadscody

(Posts: 5 | Credits: )

Yes, you owe a refund from Maxlend. Check this link once:

Sub: #7 posted on Thu, 06/08/2017 - 01:28

ditchdebt ditchdebt

(Posts: 679 | Credits: )

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