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GreenPath Debt Systems Warns Michigan Residents of Payday Loan Penalties

In '09, GreenPath views a 53 % boost in Michigan callers searching for assistance, in part, due to payday advances

FARMINGTON HILLS, Mich. , March 18 /PRNewswire-USNewswire/ -- GreenPath Debt possibilities, a Michigan -based, nationwide, non-profit credit guidance solution, recently released data pertaining to the requirements of its 2009 consumers with cash advance dilemmas. In addition, the pany is reminding Michigan residents from the problems of these loans that are payday in the event that loan just isn't reimbursed on time.

"In 2009, GreenPath saw a fifty-three % escalation in Michigan residents calling for support, partly due to cover day loan trouble, versus the time that is same 2008," stated Dorothy Guzek , team supervisor for GreenPath.