Internet pay day loans

Date: Thu, 05/31/2012 - 17:54

Submitted by on Thu, 05/31/2012 - 17:54

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Can you tell me if internet pay day loans are legal in the state of Michigan?

Contact with Michigan Office of Financial and Insurance Services and ask them!!!

Submitted by Tyler on Thu, 05/31/2012 - 22:04

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Payday lending is legal in Michigan. http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Who did you borrow from? How much have you borrowed and how much have you paid. If it is a tribal or offshore lender, the PDL may be illegal.

Submitted by SOAPLADY on Thu, 05/31/2012 - 22:06

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No, lenders are required to maintain a physical presence within the state of Michigan to be considered a legal entity.

Submitted by NathanielCopeland on Thu, 05/31/2012 - 22:10

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