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New account and personal info - is it safe from PDL companies?

Date: Wed, 10/01/2008 - 13:30

Submitted by anonymous
on Wed, 10/01/2008 - 13:30

Posts: 202330 Credits: [Donate]

Total Replies: 4


Hi, I have several payday loans, and I am following advice I found here and I am about to close my bank account, send letters etc. However, I have also ThinkCash and PayDayYes, which as I read on this forum, are legal lenders, so I am planning on making an arrangement with them and keep paying what I owe. However, does anyone know if they will share my new account information with other lenders? I don't want the illegal lenders have my new account info as I know they will try to withdraw money, even if they are not authorized to do so. Any advise, please? Also, I am about to move soon, which means a change of address and phone #, but I will probably need to give this info to the legal lenders. Is this info safe - what techniques (illegal) PDL, such as USFastCash ot 500FastCash use to track people down? I paid them what I borrowed, but they will want interest and fees too, and I know they are not going to give up easily. But after sending them letters and closing my account, I consider my loan PIF, and do not want to contact them or be contacted again. Any advise how to keep my new personal and bank info safe from them?


I hate to even think about this since I finally feel like I'm getting out of the PDL trap, but I may have to get a small PDL this week. I would go to a store for it, but what keeps going through my mind is would the online places get my new account info from the store? I'm trying NOT to go the PDL route, but am looking at a bounced check and fees with Prosper if I don't. I have asked if they would draft my account a few days later so my paycheck would be there, but no response from them and it's due to be deducted on Monday, although last month it didn't hit my account until 2 days later. Keeping my fingers crossed that something happens so I don't go the PDL route, but does anyone know if the online places could get my new info from the store?


lrhall41

Submitted by cntrygirl63 on Thu, 10/02/2008 - 06:54

( Posts: 55 | Credits: )