What can a payday loan do if you dont pay back loan and are on ssi in Michigan. can the seize assists i bought with my ssi money?

1 answer

Answer

1275723

2026-03-15 22:10

+ Follow

If you do not repay a payday loan while receiving Supplemental Security Income (SSI) in Michigan, the lender may pursue collection actions, which could include legal judgments against you. However, SSI benefits are generally protected from seizure, meaning that funds received from SSI cannot be taken to satisfy debts. It's important to communicate with the lender and explore options, as they may be willing to work out a repayment plan. Additionally, consider seeking financial counseling for further assistance.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.