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 Posted: Tue Oct 30, 2007 2:02 pm Subject: FYI re: Eastside Lenders
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Just found this thread from a while back:
http://www.debtconsolidationcare.com/paydayloan/eastside-lenders.html
It seems like they have a clause in their contract that says they are authorized to debit any account you may have. Similar to Geneva Roth.
Don't know if this was covered in the other threads but I thought I'd bring it to your attention.
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JEN5276
Joined: 31 May 2007
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Posted: Tue Oct 30, 2007 2:05 pm Subject:
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I think I did mention it. I also think it may be a pretty common thing for these people to include in their contracts. How they find the new account info remains a mystery to me. Boy Jen, this is really a topic that touches us all.
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kashzan
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Posted: Tue Oct 30, 2007 8:55 pm Subject: reply
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I know you can't hear me, but I am SCREAMING!!!!!!!! 
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cannr
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Posted: Wed Oct 31, 2007 7:40 am Subject:
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It's actually pretty common that the contracts have that in it. Most of mine did. But none of my new accounts have been hit.
Really, you have a better chance of being hit by a car.
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goudah2424
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Posted: Wed Oct 31, 2007 7:54 am Subject:
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Ok, Goudah, I'm not crossing any streets today!! 
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"Who leaves a country packed with ponies to come to a non-pony country?"
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JEN5276
Joined: 31 May 2007
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Posted: Wed Oct 31, 2007 8:37 pm Subject: reply
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Okay, leave it to me. I HAVE been hit by a car! LOL! I'm not lying here! If it can happen to anyone, it'll happen to cannr! At least I can laugh!
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cannr
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Posted: Thu Nov 01, 2007 5:57 am Subject:
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Cannr - You and I both. I live a murphy's law exsistance.
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In life it doesn't matter
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RoxyNY
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Posted: Thu Nov 01, 2007 6:41 am Subject:
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Cannr- you crack me up!
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ald_ked
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Posted: Thu Nov 01, 2007 6:55 am Subject:
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OK..Eastside Lenders have a claus in their contracts to debits any account you may have...they still need your new account number. Certainly the bank wasn't sent a copy of your contract??? So how are they getting this information??? Banks should be alert to this...before continuing business as usual.
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laura19544
Joined: 13 Aug 2007
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Posted: Thu Nov 01, 2007 7:52 am Subject:
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It still baffles me how they are getting the new account info, no doubt they are doing something illegal to obtain it. But not all PDLs have this clause in their contract, I just reread through the MTE contracts that I have on my computer (Oneclickcash and UnitedCash loans) and there is not clause stating that they can debit ANY account, only the one you gave them permission to debit. It only says if you send them a check with a new account number, then they have permission to debit that account.
There is no doubt in my mind that sooner or later, the majority of the PDLs will be putting a similar clause in their contracts to debit ANY account you may have.
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JEN5276
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