Legal Question in Consumer Law in Michigan
i have received a loan from westernskyfor 2525.00 and it was immediately sold to ws funding and is now serviced by cashcall. the interest rate is 135% i live in michigan. i have paid 3244.00 so far and nothing went toward principle. after researching western sky wsfunding they are illegal not licensed and cashcall is licensed and servicing a illegal loan. can i stop paying this company can they sue or garnish wages. they are a tribal cashcall has to follow original loan document which is tribal
Asked on 3/07/13, 11:57 am
1 Answer from Attorneys
Timothy Klisz
Klisz Law Office, PLLC
This is a very interesting issue. Because of the tribal implications, its hard to tell you exactly what they can do there. In Michigan, they would certainly lose if you fought it in court. Read your contract carefully.
Answered on 3/08/13, 4:58 am
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