Legal in my state?
Date: Mon, 09/03/2007 - 18:02
Legal in my state?
Guest, Welcome.. You can go to paydayloaninfo.org and click on
Guest, Welcome.. You can go to paydayloaninfo.org and click on "state information", then click on Michigan on the map that comes up. When the Michigan law comes up, click on "licensee database" to find out if any of these companies are licensed in Michigan. If you need any additional help, just ask.
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I am posting your Michigan state pdl law for you to look at. As you can see, rollover/extensions are prohibited. If these are internet pdl's, I'm sure they are charging you these fees which are prohibited. If you have any problems locating a pdl, please post and let us know. We can check for you. If you wish, you can list out your pdl's and we can take a look and see where you stand regarding them. Just let us know! :D
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You will find the Payday loan laws for Michigan here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html