Internet's first get-out-of-debt community - 123,000 members

Posted: Thu May 08, 2008 6:38 am Subject: PayCheckToday ACH Processor

Does anyone know who the ACH processor for PayCheckToday is?

I sent them a letter rescinding ACH authorization 3 days prior to their March 31 payment coming out of my checking account and they still tried to process the ACH. Then on April 30 they tried 5 separate $100 ACH's. By this time my account was closed but I can still see things through my online banking.

Although I owe them $40 on my original $400 loan, this second attempt ticked me off. I've been reading some of the success stories in this thread so I thought I would try and give it a shot.

thoeypgh

Posted: Thu May 08, 2008 7:38 am Subject:

Hello thoeypgh and welcome! I don't have that information for you, unfortunately, but if you call your bank, speak with the branch manager, and request that information, they SHOULD give it to you. Explain to them that even though you have revoked ach authorization to them, they continue to make attempts to debit your account, and you want their processor to be aware of this illegal activity! Be persistant!
Good luck, and please let us know the outcome.

Posted: Thu May 08, 2008 8:56 am Subject:

Or, you could call Intercept EFT and/or ACH Commerce directly and ask if they process for PaycheckToday. Also call the bank and get the originator of the loan as that bank might process as well.

Posted: Thu May 08, 2008 12:56 pm Subject:

Looks like PayCheck Today really doesn't like me - I just got a letter today from ACA Recovery (which I've been reading about on the forums) saying my balance with PayCheck Today is $705.00 which I think is about $665 too high!

Got a second ACA letter regarding CashAdvance Network for $795.00.

I found the Debt Validation letter template and will send this off to Mr. Cutler at ACA until I can firgure out how to work through the ACH processors.

thoeypgh

Posted: Thu May 08, 2008 1:18 pm Subject:

If you call the processor first, you may be able to circumvent some of this maze. But you have to let the PDL know that you have done just that. Give them names, addresses, phone numbers of the people you contact.

Posted: Thu May 15, 2008 7:49 am Subject:

I spoke with my bank and the woman said that she couldn't give me the information. Gail at ACH Commerce told me they don't process for PayCheckToday and Cindy at Intercept told me she was unable to tell me due to their privacy policy.

Should I keep trying at my bank or does anyone know who the processor for PayCheckToday is?

thoeypgh

Posted: Thu May 15, 2008 7:56 am Subject:

Customer Service
Moneygram International
jsmith@moneygram.com
PH: 800-824-8780

try moneygram...they were nice when i asked them...they didnt process for mine...but it is worth a try

Posted: Thu May 15, 2008 7:59 am Subject:

Posted: Thu May 15, 2008 8:06 am Subject:

Mr. XXX,

You should have your loan documents that would be where you need to send your notifications to. I can not tell you which of the companies that Intercept processing for, due to privacy policies that we have in place.

yup...that is there stance at intercept...i got the same response. but she did say that she would contact them for me and let them know about the complaint. however, she stood the stance that intercept is not a financial institution..the bank is...and the EFT act only applies to financial institutions. i showed her other documents saying otherwise..and she stopped responding to me.

Posted: Thu May 15, 2008 8:14 am Subject:

As I said, I would make it clear to them it would be in their best interest to contact their client and inform them that ach revocation has been made, which means they can no longer process any transactions on your account.

Posted: Thu May 15, 2008 8:17 am Subject:

And did anyone notice on Intercept's website they are quite proud of their association with Payday Advance companies:

http://www.intercepteft.com/business/payday_adv_check_cashing.html

I will e-mail Cindy as suggested by Shazzers and see what happens.

Thanks,

thoeypgh