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Closed my account

Date: Thu, 03/05/2009 - 16:32

Submitted by knelson64
on Thu, 03/05/2009 - 16:32

Posts: 40 Credits: [Donate]

Total Replies: 4


I closed my bank account. My bank stated that there would be no way that my account can be debited or reopened. I am keeping my fingers crossed. I have opened an account somewhere else and confirmed that my check is going there.

This will save me about $425 every 2 weeks.

I am typing up the cease and desist, wage assignment and will fax them tomorrow. I am going to also mail them certifiied with a return receipt.

I am also working with debt management place to once and for all get out of debt. The debt management place has been great.

I am nervous when the paydays discover they wont be able to get the money from my account.


The payday loan companies can only take out money from the checking account from which you have permitted them to do so while filling up the loan application form. However, before sending a cease and desist letter, you must be sure that you no more owe any debt to the payday loan company because, on getting the C and D letter, the loan company will move your loan account to legal status and may sue you to the court.


lrhall41

Submitted by jstn.credit on Fri, 03/06/2009 - 03:48

( Posts: 139 | Credits: )