no contact with FBDelaware

Have you talked to your bank about closing your acct? It doesn't matter if you revoke authorization, they will still take the money out

Is FBDeleware, first bank of Deleware. what is this debt for? It may not be possible to close your account.

Good point Kash...if its First Bank of DE, it is most likely an installment loan, which is different from a PDL.

It is First Bank of Delaware and it is an installment loan, I believe. It was for Check N Go On-line. When I mailed the Certified letters I mailed to both Check N Go in Mason Ohio and FBDelaware in Wilmington Delaware because I did not know which place to send things to. It is all very shady. Check N go on line is backed by First Bank of Delaware so I sent it to both. Why are they not responding? Any suggestions?

So you got this loan on line?

CheckNGo online offers 2 products...a normal PDL and an installment loan backed by First Bank of DE....you can choose one on their site. The installment loan offers more $ than the PDL.

So Volley, we now have to wait to see which of these loans Scribe has??? If it is an installment loan she can not close her account so fast.

Yes. I had one before and paid it off in 4-mos, thus the installment part i believe. I took it out again, first payment was due 11/30/07 but became seriously ill an unable to work, thus no pay no monies in bank to make payment I let them know on 12/3/07 e-mailed them on 5 mailed cert letter on 10th I have had no response from them at all next payment due 12/14/07. once again, no work no pay, no monies in the account. I told them I wanted to work something out but there has been no response from them. My e-mail bounced back stating no server at receiving end was responding.

Have you tried calling them?

Kash-only the installment loan is backed by FBDE. The account can be closed, but FBDE will take steps to collect since its legal.

Oh Ok. Thanks . I just never heard of an installment loan being paid off in four months. To me this sounds like a pdl that she paid off and then reloaned on. Am I confused ????

An installment loan can be paid off anytime if you have the means to do it. Most of the actual terms are 36-months.

Some of the loans they give out are not as much money. 4 to 6 month terms are actually very common for Check n Go and Think Cash loans backed by 1st Bank of DE.

They say they are not a payday loan company, How come they deduct a payment every week? I got an email to call (866) 420-7157 for customer service. I did a phone reverse check and it came back to a place called Think Cash which in turn is a payday loan and is affliated with Bank of Deleware, as is Check 'n go.

Think Cash is not a payday loan it is an installment loan so the payday loan laws do not apply.

It is an installment loan because the loan is backed by a bank and payday loans are not.