How to deal with tribal lenders in Michigan

Tribal lender debiting money from my account. Can I close the bank account, reopen a new one and pay back the principal on my terms. Are they entitled to receive interest or fees? I live in Michigan. Also I want to know what regulations do tribal lenders follow when they are not physically present in the state I live

1 Answers

Read the link in my signature line.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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