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In MI, how about deposit only on checking account for PDL?

Date: Sun, 06/22/2008 - 07:37

Submitted by anonymous
on Sun, 06/22/2008 - 07:37

Posts: 202330 Credits: [Donate]

Total Replies: 2


In Michigan, what about putting a deposit only order on the checking account to save from having the PDL fees being taken out every day pay? Is that okay to do? Will it work?


Hello Vicki and welcome to the community. First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet (
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!
I am moving this to the payday loan section so it will receive more attention. :)


lrhall41

Submitted by Shazzers on Sun, 06/22/2008 - 07:40

( Posts: 17344 | Credits: )