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Need help in VA

 
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PostPosted: Thu Nov 15, 2007 2:31 pm Subject:

I haven't closed the account yet because I need to verify that I can get a paper check from my employer.
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needa2ndchance
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PostPosted: Thu Nov 15, 2007 3:46 pm Subject:

Sad Even a letter will not stop them from debiting. They will even keep trying to debit after the account is closed.

When can you find out if your job can give you a paper check?

volleyballmom
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PostPosted: Thu Nov 15, 2007 4:32 pm Subject:

See if your bank will block the debits if you can not get a paper check from your employer. Some banks will do that for you. Then, a soon as your check is deposited, close the account.

Volley does a beautiful job with her letters - don't ya think??

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PostPosted: Fri Nov 16, 2007 8:19 am Subject:

jazz you're too kind Wink Excellent advice too!
volleyballmom
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PostPosted: Fri Nov 16, 2007 10:00 am Subject:

Boy are they great! I don't think I could form a coherent sentence due to my hostile feelings toward these companies. My employer will issue me a paper check, but if I close my account...where do I go to cash it? Again, I'm sorry that I sound like an idiot but this is all new to me, I've had the same bank/account since I was a teenager.
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needa2ndchance
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PostPosted: Fri Nov 16, 2007 10:11 am Subject:

why can't you cash it at the bank it was drawn on Just ask your employer to call the bank for you, and they should do it. That is what i did when i got a paper check.
kashzan
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PostPosted: Fri Nov 16, 2007 11:16 am Subject:

needa-Congrats on getting the paper check from your job! You can cash that check most places and a good place to start, as kash mentioned, is the bank it was drawn on. Most grocery stores and wal mart also cashes them.

You going to close your account right?

volleyballmom
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PostPosted: Sun Nov 18, 2007 12:39 am Subject: volley kash so much love!!!

you 2 keep rockin the house with your info--nuthin but the big hugs going out at ya!!!!! Shocked Very Happy Surprised Very Happy Very Happy Very Happy
HANKYSPANKY42

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PostPosted: Sun Nov 18, 2007 7:43 am Subject:

Back at ya dear Hanky! Wink
volleyballmom
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PostPosted: Sun Dec 09, 2007 1:14 am Subject:

thanks girlfriend!!!!! Confused Confused Confused Confused
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luv you volley!!!
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PostPosted: Mon Dec 10, 2007 1:46 pm Subject:

needa

what did you mean that renewals and extension are illegal? I am in the exact same boat as you are..

AND also live in VA.
thanks

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PostPosted: Mon Dec 10, 2007 1:59 pm Subject:

Quote:
Virginia State Information

Legal Status: Legal

Citation:
Va. Code Ann. ยง 6.1-444 et seq.

Loan Terms:
Maximum Loan Amount: $500
Loan Term: Min: 7 days
Maximum Finance Rate and Fees: 15%
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified
Rollovers Permitted: None (cannot refinance, renew, or extend)
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees: $25 NSF fee; Court Costs; Reasonable Attorney's Fees (not to exceed $250)
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: Virginia Bureau of Financial Institutions
Address: State Corporation Commission, 1300 East Main Street, Suite 800 Post Office Box 640 Richmond VA 23218
Phone: (804) 371-9657
Fax: (804) 371-9416
Regulatory Contact: Susan E. Hancock,, Deputy Commissioner, Consumer Finance
Regulator Website
http://www.scc.virginia.gov/division/banking/

kashzan
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PostPosted: Mon Dec 10, 2007 2:01 pm Subject:

oh, I see. Thanks! I was confused ***
buddha




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PostPosted: Mon Dec 10, 2007 2:03 pm Subject:

No problem. If you need anything just ask.
kashzan
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PostPosted: Tue Dec 11, 2007 7:37 am Subject:

I'm also in VA. My employer is based in LA and my payroll checks are drawn on a bank I never heard of in FL. I used a check cashing place 2x before I realized that Wal-Mart was cheaper. They charge $3.00 flat fee to cash payroll checks and their limit is $1,500.

I stopped my direct deposit because of overdrafts and ACH debits from creditors. I'm trying to get that checking account paid off and closed and have opened a new one at a different bank and attached a savings account for overdraft protection (something my current bank didn't even offer when I opened my account there 2 years ago). Once I'm comfortable this account won't be closed on me, I'll start up my direct deposit again. Until then, its $3 every two weeks to Wallyworld to have cash in hand and to keep the vultures from picking me clean before I can pay anyone.

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