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Have stopped payment on my ACH debit for Paydaycheck Today. Does any one know if Internet lenders submit to any of the check verification companies?

Posted: Sun Nov 26, 2006 5:43 pm Subject:

I don't think so...I defaulted on 6 internet loans last year, and I have no problems writing checks.

Posted: Sun Nov 26, 2006 5:45 pm Subject:

If anything, internet pdls would use teletrack, which is a system they can look at to see if you have defaulted on previous pdls before they decide to give you one.

Posted: Sun Nov 26, 2006 5:46 pm Subject:

finsfan, are you still getting calls?

Posted: Sun Nov 26, 2006 5:47 pm Subject:

NOPE!!! I am payday loan debt free since March of last year.

Posted: Sun Nov 26, 2006 5:48 pm Subject: payday loans

This is another one of their scare tactics though. They actually told me I wouldnt be able to have a checking account again. KYSIDE38

Posted: Sun Nov 26, 2006 5:49 pm Subject:

KYSIDE!!!! Careful, you wouldn't want to slanderously call them bullies or anything!! LOL!

Posted: Sun Nov 26, 2006 5:50 pm Subject:

Any information I can get is appreciated. I have several local payday loans and write checks alot. I am worried that I will go to redo a loan and be told sorry cause it was sent to one of the check companies. Is there a recourse or rebuttal if they do?

Posted: Sun Nov 26, 2006 5:51 pm Subject: loans

I can pleadv my first amendment rights and get my bleeding heart officials to enforce it. KYSIDE38

Posted: Sun Nov 26, 2006 5:52 pm Subject:

LMAO!!! I'll be a character witness for you!

Posted: Sun Nov 26, 2006 5:53 pm Subject:

I think the only way you would have a problem writing checks would be if the account was sent to chexsystems(which legit banks use) or telecheck which recognizes bad accounts. I believe it is a scare tactic with them telling you that you are reported to teletrack. The only thing I can think of what teletrack would do would be stopping you from getting another pdl.

Posted: Sun Nov 26, 2006 5:57 pm Subject:

ginurse, I don't think the storefront pdls are going to stop you from re-loaning, you are already a customer and if you haven't defaulted with them you are ok, they want more of your money.