Hard blocks and closing accts
Date: Sun, 08/17/2008 - 09:21
Just a little info i learned from my bank this month. I went in to close my account and he told me that most hard blocks work but they have been seeing more and more PDL places have found ways around the holds by changing the money amounts by a cent and it gets around the block.
Yes, they are sneaky. The best thing to do is to close your acc
Yes, they are sneaky. The best thing to do is to close your account and make sure that it can't be forced back open by ACH transactions.
how could that work? i thought a hard block block everything try
how could that work? i thought a hard block block everything trying to come out?
i know for my payday loan struggles, the hardest part was dealing with the bank
A hard block with stop all transactions. The OP is referring
A hard block with stop all transactions.
The OP is referring to a stop payment on an ACH. When a stop payment is done, it's done for $X. So all the company has to do is put the transaction through for $X.01 and it will go through. That is why we say stop payments won't work.