Internet's first get-out-of-debt community - 134,000 members

Posted: Mon Apr 21, 2008 5:11 pm Subject:

I'm with bossy on this big time. A pdl company has your bank account information. To "not lose sleep over it" is beyond me! I would lose sleep over it! Just knowing one pdl has my bank account information is bad enough, whether I received the loan or not. Pdls share their information. If one has it, you have no idea how many others will have it.

Posted: Mon Apr 21, 2008 7:47 pm Subject:

They don't share information. They will not bother you. I know them well.

Posted: Tue Apr 22, 2008 7:04 am Subject:

The FACT of the matter is - Once one payday loan company has your banking information, there is a good chance that your bank account will be comprimised.

Guest · Posted: Tue Apr 22, 2008 10:11 am Subject:

That's a bit general. Here's why. USA PDL operates as a stand alone company, not a lead generation source. To date, they do not operate multiple sites. So, with your premise, they would be sharing your info with competitors. Unless you believe that PDL companies actually like one another and don't compete like normal businesses, that would be ridiculous. To date, I don't know of any stories involving them ACHing accounts of non-customers. With that logic, customers paid off and in good standing would be randomly ached. They may be scumbags, but your argument and generalities don't hold much weight on this one.

Posted: Tue Apr 22, 2008 10:23 am Subject:

Experience trumps this one - And it is general. It's not a good idea for any pdl to have your bank account information. And you will not find anyone with any experience in dealing with these companies that will disagree.

Posted: Tue Apr 22, 2008 10:25 am Subject:

I tend to agree here.If one PDL has your info, they all have your info. It just is not safe.

Guest · Posted: Tue Apr 22, 2008 10:54 am Subject:

Not find anyone...or not find anyone here?

Posted: Tue Apr 22, 2008 10:56 am Subject:

Not find anyone with any experience in DEALING with these companies on a regular basis that will say a payday loan company having your banking info is a good thing.

Posted: Tue Apr 22, 2008 10:56 am Subject:

sorry, didnt login. im the argumentative guest

Posted: Tue Apr 22, 2008 12:57 pm Subject:

Why are you being argumentative, james?

Posted: Tue Apr 22, 2008 1:04 pm Subject:

He is trying to say that it's safe for USA Payday loan to have your bank account info. I'm saying I don't trust any payday loan company with that info. He is saying I'm wrong and that USA Payday loan would never ever do anything wrong.

Posted: Tue Apr 22, 2008 1:12 pm Subject:

Sorry, tend to disagree with james. I mean, if he's insisting USA PayDay would "never do that", then I want to know HOW he knows that. Also, I have been debited by pdls (refering to your posts above). Hello! Pdls DO do this. I don't know if james is saying USA PayDay is "above" all this, and if they are, I still don't believe it. Maybe I could be wrong. However, I have dealt with many pdls from legal ones to illegal ones. So, (again refering to your posts above) I do not trust ANY ONE OF THEM. Whether it be USA PayDay on line pdl or a local legal storefront. I don't care. When you've been put through the ringer by plds, you learn the hard way what they can be capable of.

Posted: Tue Apr 22, 2008 1:14 pm Subject: Usa Payday Loan

You go Goudah, I am with you all the way; anyone no matter a pdl or what; someone having access to my accounts is not safe. Period.

Posted: Tue Apr 22, 2008 2:17 pm Subject:

I built their software system, and I know how ach files are generated. A customer can only be ached if their status shows as "Active" or "collections" status. Someone who hasn't had a loan will show as "NLI" - no longer interested. If you'd like to make a case against unencrypted data, be my guest. That I won't argue.

Posted: Tue Apr 22, 2008 2:26 pm Subject:

We aren't saying someone who hasn't had a loan with them will get ach'ed. We are saying if you have had a loan with them, do not give them your new account info.

I don't think you are understanding what we are talking about here . . . . We are talking about people that would be in collection status, so from your own words they would be ach'ed!

Posted: Tue Apr 22, 2008 2:31 pm Subject:

Below is the post I'm responding to all this time. Of course I'm going to agree with you that once a PDL has begun aching your account there are issues, serious ones. I'd have to be a moron not to. Clearly this person says they did not get a loan, so I was telling them not to be concerned that they will have money taken out of their account for no reason.

I applied for a loan with Usa Payday Loans. They sent me an email stating that I needed to send more information such as bank account, paystub,etc. I did that and after a minute I had second thoughts. Well, when I called them she asked me to verify my social and of course I gave her a false one and the lady was like you have one more time to give me your correct social or we are going to turn you over to there fraud division and local authorities. Is that something they can do? I wasn't trying to defraud them. I was hoping she would just say we can't process the application.Do they have a case?

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

	* denotes required field

Internet's first get-out-of-debt community - 134,000 members

Usa Payday Loan

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Also See

Recent Forum Discussions

Recent Blog Post