LoanPointUsa? New Jersey?

I agree, i know their processor is on here somewhere - i did a quick search and did not find it but i clearly remember seeing it around here. the ACH processor can help but I would still push the bank.

So I called the fraud department back, once again and I read to her the electronic funds act, as well as offered to fax over a copy. She finally said that they will go ahead and stop payment for these people. She also warned me that they are probably going to try to go into my account other ways. Ugh what a mess.

they really will go in your account in other ways. she really should have put a hard block on your account - debit only. better yet, she should have closed the account and made it so ACH will not reopen it. blocking them will not help is there anyway you can call them back and ask for it to be permanetly closed without chances of being reopened?

She also let me know that if they go into my account other ways, just call and they will reverse it. They won't close out the account.

Missk84, just curious but why won't they close this account? personally i would not even want to bank with them after this. i guess if they do not mind reversing it than it is okay, but will they charge you for this?

Stopping payment will not help one bit. They will just use another name, or a different amount to get into your account.

If they use another name to get in, the bank will make you prove that it is the same company

i agree with guest. i do not mind to keep pressing this issue but this is not right.

Actually, lots of banks on long Island are open on Saturday, and some even on Sunday. I would make it my business to find out if your bank is open , and I would get there in person.

The banks will be closed THIS saturday - July 4th holiday.

IMHO, you should close that account ASAP. Even tho the bank said they will reverse it, you need to consider the impact if the PDL debits your account and you have other charges coming thru...it will cause overdrafts from the bank, returned checks back to those you wrote checks to and they in turn will charge you o/d fees, late fees, and the list keeps coming...then while you're sorting this out, if you have direct deposit, it will be applied to the bank o/d account, leaving you possibly nothing, and then the PDL will submit AGAIN under another name or form and the cycle continues!! THAT'S WHAT WE MEAN WHEN WE SAY "PDL HELL"!!

Close the account if you can and open another.

I forgot its July 4. Anyway, her bank refuses to close the account. That is why the op is having such a hard time.

i also think maybe it is time to go in person? i do not see how they can refuse to close the account?

I wish we had the name of the bank.Some are open on The weekend on Long Island.
At this point I would think because of all the money involved, it would be worthwhile to take some time off from work to visit the bank

i agree, if it were me, i would go - nowhere in nj is too too far from long island.

Exactly correct. Car, bus , train no matter I would be there. Potentially there is a lot of money at stake here. Can not be done correctly over the phone.

"Nowhere in NJ is too too far from Long Island??? " You have to go thru or around the City to get to NJ!! It could take hours if traffic is jammed!!

Was wondering why the bank won't close the account? Did the OP have items pending?