This might help all of us

(Question: Can a lender require that a customer give them authorization to debit their checking account
through an Automated Clearinghouse (ACH) authorization as part of the standard language in the small
loan agreement? See IC 24-4.5-7-104(b) and 7-109(3).
Answer: No. Under Federal law governing electronic funds transfers, 15 USC 1693, authorization to
debit a customer’s account must not be a condition to the extension of credit. It must be a voluntary
election by the customer)