behind and cant catch up!

Hi welcome to the forums! You will find much help here. I am sorry to hear about you husbands injury. It is very commenable that you are trying to better yourself. Do you have internet payday loans or storefront? How much have you paid them each so far as opposed to how much you borrowed? What state do you live in? What other bills do you have besides the normal rent, food, insurance and utilities? Please do not think I am prying. We need to know this in order to help you better.

I do have internet paydayloans, I borrowed $200 and had to take 4 extensions $60.00 each then they started to take fee $60.00 plus $50.00 towards the loan I just paid that one off. I had something else come up and had to take another and that was when I started looking at other companies and was not even aware I got a loan until it had hit my account from geneva roth, I didn't even know what payday company gave it too me and I have contacted them and received no reply, I found out about them while doing a search that is how I found your web page and helpl me with contact info for them. They gave me a $300.00 loan and were going to take out money on 7/27 but I dont know what they took until tomorrow when I call my bank. I live in the state of Michigan. I pay mortgage of $500.00 per month, car insurance $140.00, Utilities (electric) $101.00 every other week (worked out a payment plan to pay what is owed pay until 8/24 my last date) still have current mnth to pay too, food $350.00, gas $300.00, phone $60.00, cable $35.00, internet $10.95, and payday loan $150.00, plus a $300.00 payday loan from genva roth that I didn't even know I had, hope you can help I know that I make enough to cover every thing I just need a good plan, 2 mths behind on my house, 2 months behind on my telephone, 1 month behind on cable, and my vehicle i was paying $266.75 is being repoed cause I fell behind and unable to catch it up, I just purchsed a care for $1300.00 with my income taxes so I own it so that when they take my van I still have a way to get to work.

Hi Rocketman -

here are the payday laws for Michigan (I live there too!):


pls find Michigan state info here : http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html


You can find out if the lenders are licensed to lend in Michigan at the following website - it's the State of Michigan's licensee database - you will be looking for a license under Deferred Presentment:

http://www.dleg.state.mi.us/fis/ind_srch/ConsumerFinance/Search.asp

Please take a moment to find out if the lenders are licensed, then sit down and figure out how much you borrowed from each one (principal only), and how much you have paid them back including rollover fees. Then, using the interest rate shown in the Michigan law above, you will know if you have at least paid back the principal plus the allowed interest.

If you have already paid more than that, then it's time to start writing letters requesting to be marked paid in full, and reporting these lenders to our state Attorney General.

a question, if you take a 250 dollar loan with 75 dollar fee and you pay the fee 6 times then you have paid 450 dolars and was only supposed to pay 325 dolars. does what you mean about pif, count here. could i get this done as paid in full

ditcher -

We need to offer you some assistance. We need to know what state you are located in, what lender you are dealing with, and whether this is an internet or storefront loan. I also posted this information on the other thread you started.