Some advice needed

What is the name of the lender.
They legally have to follow the ACH as you gave three days notice before the ACH was to go through.
I would got the bank and place a stop payment on it.
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Sometime they won't work with you until the ACH does not go though. I know that sucks but Payday One did it to me and I requested a payment plan two weeks before it was due.
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Your bank can use the same ACH informaiton that deposited the money to block the transaciton.

It's Speedy Cash..
If I tell my bank to stop payment on it then, they will be able to do it? They won't try to run it thru as a dba?

Most likely they wont try to because they are a Legal lender. What they can do is present a paper check against your account vs an ACH withdrawl.

Go to your bank asap and revoke their authorization immediately! Bring the documents you sent the Legal lender for proof.

Ok,I will do it tonight after work!
Thanks!

I am not sure. It worked for PayDay One. I blocked the ACH.
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Since they are legal they may not have other names.
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What I would do it take the letter you sent to Speedy and take it to your bank. Tell them that even though you have revoked the ACH they plan to illegally debit anyway.
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Ask to put in a stop payment. They may charge you a fee.
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Then on payday go to??your bank ASAP and withdrawl all your money except for what would cover an NSF fee. I only did that??just in??case. That way they did not get my money and I??would??only be out $30. But the stop payment worked.
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Even if they have other names the money is out of the account and safe in your hands. The ACH are usually automatic. They would have to put in a manual one if they did have another name and that would take several hours to several days.
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Ok, thanks Nohiogal.. I'll try it and see if it works.. I thought they would be more willing to work with me since they are a legal lender!

You would think. I think they want the ACH to bounce so they can add on the extra $20 to $30 fee they can get for the returned payment.

Ah, I never even thought of that! I called my bank, and they charge a $30 fee to stop payment on it for 6 months, so there is no way it should go thru! :)

The bank will have the ACH info for the lender, right?

You just need the amount expected to withdraw and the name of the lender. Check your bank statement you should see it there. Are they debiting the full amount this pay period or a fee?

The full amount was to come out..
Thanks again you guys for all your help!!! It's truly appreciated! :)

The bank has the ACH information. The ACH will be the same for the deposit as the withdrawl.
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Mine did not need an amount. Only the company and??mine charges a $30 fee as well.
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I think some bank software is different and require an amount. Mine did not.

Then you should be okay. It is better that way anyway as no surprise withdrawls.
As soon as the ACH is sent back they will contact you and then you can make arrangments. Good Luck

Thanks, Nohiogal!

Your welcome and keep us updated.

SpeedyCash will set up the EPP plan with you, as they are a legal lender. I had no problem with them in stopping the ACH. They try to say they will wait, once it doesn't go through, then work with you. Tell them that you have frozen your account and need to work out a EPP with them. Ask for a manager, as most of the front line c/s reps aren't customer service friendly. Once you get past the front line reps, you shouldn't have a problem.

Ok,thanks for the info! I just didn't want them to run it thru becuase I didn't want to be reported to Chex Systems, but oh well..

Just wanted to let you guys know that Speedy Cash did work out a payment plan w/me and will not debit my account first! I will be sending in payments every other week via money order for the newxt 6 weeks until my account is paid in full. Yay! :)

Good progress and congrats!!

That is good news. I am glad to hear you are making progress.

Thanks everyone for all the support and advice! This site has REALLY helped me out!!!!