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

i sent ameriloan a certified letter not to debit my bank account anymore,but today they did so by a check can they do this

Posted: Tue Jul 15, 2008 3:18 pm Subject:

Tina, they are ruthless!

You have revoked the right to have them debit your account, yet they continue to do so. I have seen others on this board have success with going after them thru their ACH processor. You might want to give that a shot.

Otherwise, the only way to prevent them from taking $ from your account is to close it and open another one.

Posted: Tue Jul 15, 2008 3:55 pm Subject:

they took it out threw a check is that the same thing as a ach

Posted: Tue Jul 15, 2008 5:50 pm Subject:

Tina, are you saying they deposited a check? Maybe you should stop payment on the check. I'm not really sure how it works when a check is involved, but hopefully someone else will be along shortly to advise. Smile

Posted: Tue Jul 15, 2008 6:28 pm Subject:

Is this a check that you wrote to them when you took out the loan?

Posted: Wed Jul 16, 2008 6:02 am Subject:

Get right on the phone call Intercept EFT at 1-800-378-3328, ask to speak with Cindy. Tell her that you have revoked authorization on your bank account but Ameriloan is still trying to access it. I realize that they put a papercheck through but that is not to say that they will not ask Intercept to try and debit on a revoked account at some other time. Cover your bases. Then you need to send an email to Ameriloan letting them know that you have spoken with Intercept. When I called, Ameriloan had not tried to debit my account for several months but I explained that the possibility of them debiting did exist and I wanted it to stop. You have to stop them at every turn and be one step ahead to do so. Good luck. Keep us posted.

Posted: Wed Jul 16, 2008 6:24 am Subject:

They did the same thing to my account, I revoked the ach authorization and they put through a paper check that they had created a few days later. I disputed it with my bank & was able to get the funds reversed.

Posted: Wed Jul 16, 2008 6:31 am Subject:

Tina,

I would dispute the check with your bank and get them to reverse it.

This is a classic example of why it is important to close a bank account, because even when you revoke authorization to debit an account, they will try whatever trick they can!

I'm wondering if when a person sends in a revocation letter that they be very specific stating "that they revoke any debits such as ACH, manual check or ANY OTHER MEANS OF WITHDRAWING MONEY FROM SAID ACCOUNT."

Posted: Wed Jul 16, 2008 6:31 am Subject:

Ameriloan tried to do that with me a few years ago. I revoked ACH on my account and placed a hard hold on it. After the ACH was sent back to them, they generated a paper check with my account info and tried to send it through my account. Somewhere in their documents it states that if ACH is revoked they will generate a check for the full amount and send it through. Several of these payday loan places try to do this.

Posted: Wed Jul 16, 2008 6:35 am Subject:

I think that pretty much all of my PDLs stated that if the ACH got squashed they had the right to produce a paper document. I don't know if they ever tried as I closed my account pronto.

Posted: Wed Jul 16, 2008 6:40 am Subject:

I just blocked an ACH debit from usfastcash yesterday and I'm nervous they will try to send the paper check through. I won't be able to put a hard hold on my account until Friday because I have a payment that was supposed to post yesterday that hasn't posted yet. I'm sending them out a letter today revoking authoriztion to make any further debits attempts on my account.

Posted: Wed Jul 16, 2008 6:43 am Subject:

Did you put the block on yesterday or did they actually try to debit your account yesterday? Can you email that C and D letter first, and then hardcopy it over? That way it will be there immediately. Got to be one step ahead all the time.

Posted: Wed Jul 16, 2008 6:50 am Subject:

I placed a stop payment on their specific ACH entry last week and yesterday was the day it was supposed to come out, and the stop payment worked. I won't be able to put a hard hold on my account until Friday, so I'm hoping that will be enough time before they try to send a check through or change the amount. I'm sure they haven't realized the payment was blocked yet. I'm faxing, emailing and mailing an ACH revoke letter today.

Posted: Wed Jul 16, 2008 7:34 am Subject:

Can you close the account completely? That would stop them from putting anything through. If you can, and you do, make sure nothing will force it back open again. I would suggest that once that C and D is sent, you give Intercept a call and tell them that you have revoked with Ameriloan and your bank. Then pop off an email to Ameriloan letting them know that you have spoken with Intercept. They don't like being told that people are "telling" on them to the processor.

Posted: Wed Jul 16, 2008 7:50 am Subject:

You have the right per the Electronic Funds Transfer Act to revoke reoccuring ach transactions. Checks are different. I don't think the ach processor would be able to help with paper checks.

If you look at your contract, it will usually say that you have the right to revoke ach transactions, and if you do, a paper check will be sent through, and that is not revocable.

This is why you need to close the account. Since you won't know the check number they will use, you can't stop payment on it.

*Name:
*Email:
*Phone:
*Zip:
Debt

	* denotes required field

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

can ameriloan take money out of my account

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Useful Links

Recent Forum Discussions

Recent Blog Post