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 Posted: Mon Dec 10, 2007 8:25 pm Subject: Close bank account in AZ
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Where can I find out what can happen if I am in AZ and close my account with ach debits still coming in?
Thanks
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dawn
Joined: 08 Dec 2007
Posts: 8
Debtcc Points: 224
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Posted: Mon Dec 10, 2007 8:36 pm Subject:
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dawn to keep you from posting what bank you deal with, type in the name of your bank in the search box above and see what comes up?
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aminah
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aminah0529
Joined: 23 Oct 2007
Posts: 415
Debtcc Points: 3280
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Posted: Tue Dec 11, 2007 9:47 am Subject:
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What can happen to me in AZ because it says that I can only have 1 loan out at a time and I am afraid I am in big trouble because I have more than one.
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Guest
Debtcc Points: 100
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Posted: Tue Dec 11, 2007 10:54 am Subject:
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These laws are for the PDL to follow....you will not get into trouble for having more than 1 loan out. Quite frankly, it is up to the PDL to ensure that THEY comply with these laws.
Arizona State Information
| Quote: | Legal Status: Legal
Citation:
Ariz. Rev. Stat. ยง 6-1251 et seq.
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Min: 5 days
Maximum Finance Rate and Fees: 15% of check
Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: Three (extensions)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: $25 NSF fee + actual charges assessed by the financial institution
Criminal Action: Prohibited
Where to Complain, Get Information:
Regulator: Arizona Department of Financial Institutions
Address: Financial Enterprises Division, 2910 N. 44th Street, Suite 310 Phoenix AZ 85018
Phone: (800) 544-0708
Fax: (602) 381-1225
Regulatory Contact: Robert Charlton,, Assistant Superintendent of Banks
Regulator Website
http://azbanking.gov/ |
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volleyballmom
Debt Samaritan
Joined: 27 Aug 2007
Posts: 4178
Debtcc Points: 24893
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