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B. Could be the Payday Advance Loan included in the Regulatory Loan Act? The Regulatory Loan Act is relevant to loans of $8000.00 or less, as well as for which interest is charged at a better price than permitted for legal reasons. MCL 493.1(1 )and (2)(f); MSA 23.667(1) and (2)(f). Money Connection has associated that …
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