United Cash Loans

Date: Mon, 02/16/2009 - 11:58

Submitted by anonymous
on Mon, 02/16/2009 - 11:58

Posts: 202330 Credits: [Donate]

Total Replies: 3

I live in New York. I currently have a PDL from United Cash Loans and EZ PayDay Cash, both in the amount of $300 and both started in October, 2008. I closed my account last week and am wondering if they could still try to debit the account and what I need to tell the bank as far as the situation. They are due to debit on Wednesday the 18th.

Thank you.

Pam

http://www.debtconsolidationcare.com/paydayloan/close-account.ht

http://www.debtconsolidationcare.com/paydayloan/close-account.html

Read this sticky for information on closing your bank account

lrhall41

Submitted by kfstaff24 on Mon, 02/16/2009 - 12:01

( Posts: 1448 | Credits: )

reply

pdl's are prohibited in NY.you are only obligated to pay the principle borrowed.it sounds like you have on both.i would ask the bank about that.some do re-open accounts because of attempted debits up to a month after closing.best to make sure it won't be forced open again.

lrhall41

Submitted by paulmergel on Mon, 02/16/2009 - 12:04

( Posts: 15514 | Credits: )

Here's the problem with United. An appeals court in California

Here's the problem with United. An appeals court in California just bought their "We're an Indian Tribe" nonsense - hook, line and sinker. The judge didn't say they were legal - quite the opposite. But he did tell the Department of Corporations that unless they can prove the tribe isn't the "real" lender the state has no power to enforce its laws against the tribe.

lrhall41

Submitted by FreakyFriday on Tue, 02/17/2009 - 20:22

( Posts: 490 | Credits: )