Must I close my account to consolidate payday loans

I just found this forum this past weekend and I am so thankful. I called my bank and they told me I could place a stop payment on the lenders ID code but they said that the lender might try to debit under another name. I was just reading one of my contracts with a payday loan company and it says that I can notify them in writing to stop the electronic debits. What is your experience with this? Do they ignore requests to stop the electronic debits?

I am with all of you when I say that I am so fortunate to have found this wonderful forum. Finally I can see the light at the end of the tunnel. Thank you to everyone that has helped me out.

My bank let me do stop payment for the payday companies. For a stop payment you usually have to give the amount of the payment you are stopping, but the bank left the amount blank on the stop payment so that any amount they tried to withdrawal would be stopped.

Great. I am so glad that they are working with you. Make sure it is a continous block or they will try again. My account has been closed for awhile and they are still hitting the old account.

The stop payments at my bank are good for 6 months. After a couple of months I changed my bank account number, but stayed at the same bank. The payday companies did not have acess to my new account number so they could not withdrawl from the new account. Then all I had to do was let my payroll know that my account number and the utilities that I have auto withdrawn know the new account number. It all went vey smoothly. I then began paying off the payday loans.

WHAT IS T/C

I have had no replies as to how to proceed on getting my payday loans paid off. I had so much taken out of my account today that I don't have enough for my rent, that it looks like I will have borrown yet again. This will number 7 please help

Wendy,

Please register with this site and I will pm you with the information.

I ran across this sight by mistake but looks like I came to the right place. Can anyone tell me who T&C is? I am in the same boat.

Angie,
T&C is a debt consolidation company, and they can help you pay off payday loan companies so that you can get off of this endless cycle of debt.

If you register with the site, someone can send you a pm (personal message) with contact info for T&C.

Angie-

Hi, welcome to the forums! There are many other debt consolidators out there that could possibly help with your debt. Town & Country is just one of many.

If you'd like, you can sign up for free, by clicking the link below. One of the counselors in your area will give you a call, tell you about the program, and can schedule you for a free consultation.

If you have any other questions, please don't hesitate to ask.

http://www.debtconsolidationcare.com/signup

Regards-
Mike

I think I registered successful. I would like to get that information on T&C. Everyone year seems to really be pleased with that company.

Angie

When you register, you choose a screen name and pick a password. When you log in, it'll ask for you email and the password you chose. It doesn't appear that you're logged in, at the moment. Soon as I gather your "screen name", I'll be able to click on you and send the information.

Regards-
Mike

You should get a new account anyway. Even if the Payday loan co's do not pilfer your account they are not very good at keeping your info safe. Budgets are low and securuty is not a priority with these clowns.

Go to you bank and tell them your personal info is no longer safe. They will give you a new account as they do not want to be responsible for unathorized debits.

I finally did it!!! I closed my bank account so that no further funds could be drawn off my account from all of my 11 payday loan. That's right. I said 11. I joined an agency to help pay off the loans and can start rebuilding my life!!! I am having trouble though finding addresses to a few so that the credit agency can contact them. Alpha processing, ftr , and united cash loans. Any suggestions???

Hello, Does anyone have the contact information for T&C debt consolidation? I have alot of payday loans on top of personal loans trying to pay the payday loans. PLEASE HELP