They found my new account number!!!!

Date: Sat, 05/10/2008 - 08:25

Submitted by anonymous
on Sat, 05/10/2008 - 08:25

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Total Replies: 54

Hi. I live in Mississippi. I have a store-front loan that I have made payment arrangements for and I have already made one payment to them. I closed my old account and opened a new account at a different bank. When I woke up yesterday morning, there was a ACH transaction from this company. I have no idea how they got my new account number. I had to pay my bank $29 to stop this transaction...that I did not authorize in the first place. Is this legal?

My contracts all gave specifics to one designated checking accou

My contracts all gave specifics to one designated checking account. None of them state that they can debit any account I have.

lrhall41

Submitted by on Wed, 05/14/2008 - 08:43

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All of mine had that clause in them.

lrhall41

Submitted by kashzan on Wed, 05/14/2008 - 09:11

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Kash, I know the clause you speak of. It is not legal. Accord

Kash,

I know the clause you speak of. It is not legal. According to the EFTA a contract must specify a RTN and Account Number. They write that in there, but it is illegal. Regarding new acounts being found, often times your bank will return what's called a "Correction" file when you still have an account but a closed account has been debited. It's not them finding your account, it's your own bank re-routing it as a "convenience"

lrhall41

Submitted by on Wed, 05/14/2008 - 09:40

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that scares me a lot.. i really don't think its legal neither bu

that scares me a lot.. i really don't think its legal neither but i'm sure they do it and get away with it.. (what won't they do??)

lrhall41

Submitted by bea2ls on Wed, 05/14/2008 - 13:17

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