Stop Payments on Checks

That's the first I've heard of that one. It's your account and your decision. I've had to put stop payments on checks before and my bank NEVER asked why, just charged me a fee and it was done.

I have only been with WaMu for about 6 months and have had more problems and issues than I ever had in 28 years with BofA. Guess where I am heading back to?

I thought it was kind of odd.

That is odd, I'd be going back as well, that sounds like poor customer service to me.

how can i put a stop payment when i did my payday loan online and only gave the routing # and account #

You can put a block on the company with your bank, you will pay a fee. However, many of us have had to just end up closing our accounts and open a new one because the internet pdls go by so many different names it would be almost impossible to list them on the block.

Call your bank and give them the name of the online payday loan lender and the amount of the debit that they are supposed to take out. Online payday loan lenders debit accounts through a process called ACH debits. There will be a fee for doing this.

im scared to contact my bank. my account is fairly new and the credit union is strict! will they let me close my account knowing that i have payday loans?

You can close your account for any reason along as it isn't overdrawn.

Lorri,

That does seem odd to me. It's your check so why would they care? They get their stop payment fee. I recently had a put a stop payment on a check through my bank for a different reason and it was not an issue. I would be going back to your old bank.

Lorri - I've never heard of that, but then, some banks don't care about the customer - just the almighty dollar. But it seems if they just wanted the money, they wouldn't care why you put a stop payment on there - just so they got their money.

I went through about $200 in stop payment fees this past summer in order to get things straightened out in my account - and yet the PDL I was dealing with keeps saying I should pay for their ACH fees - including the ones they incurred after my account was closed and they continued to attempt debits week after week. (Uhhh..ok...the account is closed - if you receive that notice ONCE, it's not likely to magically open back up! Why continue to try and debit a closed account?)

Well, the really DUMB part is this---I made the stop payments and THEN they went ahead and CASHED three of them anyway!!!!!!!!!! You talk about MAD----I had to go through so much garbage (phone calls up the wazoo!).

They did credit back my account each time and the excuse for this "error" was the fault of the original employee who made the stop payments arrangements for me!!! Can you believe that? It was after all of this, that one of the supposed "senior" representatives told me that going into a debt consolidation program wasn't a valid reason to put a stop payment on a check. I said "well then your "wonderful" employee should be better educated in your company's procedures!

I've only done one stop payment on my personal checking account. I actually did it through my banks website- just put the check # and amount in. It didn't ask me for a reason. (That was Standard Bank).

Outside of that, we have to do stop payments on my company's account all the time. We just fax the check #, date, amount and payee on our company letterhead and it goes through. No questions asked, I don't have to give a reason. This is Chase Bank.

Lorri, this is a new one on me. I have done stop-payments and they have never asked me why. My bank that is. I would head back to your old bank. KYSIDE38

Speaking of checking accounts. I went to Walmart today and wrote of check for my purchase. The cashier ran it through the register and then gave the check back to me along with my receipt. I thought she made a mistake by giving the check back to me, so I tried to give it back to her and she had told me that once Walmart runs the check through their cash register system it automatically converts the check into an EFT debit (ACH debit) and they won't need the check b/c everything is done electronically. She had told me that alot of stores will eventually be doing this b/c they will be getting their money faster and it also cuts down on identity theft. I should have just used my debit card b/c I just wasted a check :(