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Payday loan help

Date: Sat, 07/14/2012 - 09:21

Submitted by JuliainMich.
on Sat, 07/14/2012 - 09:21

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Total Replies: 3


Can someone please help me. I know others have asked for help and they have been asked to list the payday loan companies, the amount borrowed & paid back so I am doing so. I would like to find out which of these companies are legal in michigan. Can anyone help/advise? I talked to my bank about closing my account and plan to email the companies with a letter, but need to know if they are truly "illegal." I want to pay back all amounts borrowed, but have already paid over to some companies with interest payments I've made. My list is as follows (amount borrwed/amount paid so far)

National Opportunities Unlimited/It's My Payday 800/1600 and 900/337.50 * they gave me a new loan but withdrew the balance of the first loan
VIP Loan shop 250.00/Paid principle in full plus 102.50

United Credit Line 500/626.02

Cashyes.com 500/575

Americanwebloans.com 600/720

Liquid ventures (liquidcashonline.com) 500/425.50

Mount zion 200/140

Ameriloans 300/90

United cash loans 300/90

Please reply with what you know about these companies. I GREATLY appreciated your help.


Mount Zion - Possibly an illegal lender. Cross check with the state finance department

Ameriloan - Illegal tribal lender

United Credit Line - You need to check with the state finance department for this one.

AmericanWebLoan - Illegal tribal lender

Cash Yes - Illegal offshore lender

UnitedCashLoans - Illegal tribal lender

Liquid Cash - Illegal offshore lender

Please go through this link and follow every step for dealing with illegal lenders:

http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html


lrhall41

Submitted by on Mon, 07/16/2012 - 04:54

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:)Thank you so much for your help. My first payday since I closed my account is in two days. I'm sitting nervously waiting. I'm afraid...but do realize that debt issues are civil matters. I guess I am waiting for the harrassment to start. My emails are being sent this evening. I have a new account open. The bank didn't want copies of emails to the lenders. I amvery nervous as to what the lenders will do pertaining to my employer/work place. I didn't get a lot of help until this site.

Again I GREATLY appreciate this site and those who have guided me through all the posts and threads I have read.

Hopefully I am on my way to getting my pay check back.


lrhall41

Submitted by JuliainMich. on Wed, 07/18/2012 - 13:02

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