cease and desist

Generally, cease and desist letters only work when creditors place accounts with outside collection agencies. If the debt is still with the creditor, they do not have to honor a cease and desist request.

You could send a letter to the payday lenders revoking your authorization for them to debit your account, and also revoke authorization for any voluntary wage assignments, which a number of the online payday lenders incorporate into their terms.

The voluntary wage assignment basically says that you give the payday lender permission to garnish your wages through your employer if you do not pay up as agreed. They are not legally binding in most cases, because it is not a court ordered garnishment, but some payroll depts. do not realize this and will process the garnishment.

thanks for the advice I just want to make sure that I take ever precaution to make sure that they do not hit my accounts again.

I understand, I've been there. You are definitely on the right track by going to your bank to see if they will block the debits from hitting your account. Let us know how it goes.

guest, did you get a PIF in writing from these companies that you paid off?

cannr help...I am not following. If the loans are paid off, what is Guest asking them to cease and desist and why are transactions still going through?

Is it the payments that he/she made to pay them off that he/she is trying to stop?

Thanks, volley. That's why I asked if this person received a PIF in writing from these companies. If these loans are PIF, why would you send a C&D? You send a C&D beforehand. Not after they are PIF. You need to have a PIF in writing from these people.

But what transactions are they trying to stop?

I just paid these transactions this week in full with each company. At this point I have only received 1 email stating that it was paid in full. My next paycheck will be next friday so I just want to make sure that no one will take out any more money. I've heard of all of these scams that people do that I'm just trying to cover every base to make sure that they do not get 1 more cent from me. Should I be receiving a letter from them? Should I call them and ask for a payed in full letter?
Thanks

I would contact them and request a PIF letter. It's always best to get this in writing if you can.

I understand what you are saying guest, however you should follow the advice of the other tiffany, cannr and volley. I know that you are feeling paranoid right now and honestly who could blame you. Good luck

ladybug

thanks I will contact them all asking for a letter so I have proof.
Thank you to everyone for all your advice:)

guest, you need to get the PIF in writing from each one. Even if only via email (but I would also request they send one via USPS to me). But this way you will have proof the debt is PIF. If they were to try to debit your bank account again, you will have documentation stating it is PIF so you can dispute any unauthorized debits. Get them to send you a PIF letter and also stating on there that no further debits will be made and that the account is considered closed. This will cover your butt. You should be safe regarding the bank. But you need to get these PIF's in writing, definately! :wink: