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Titan Group

Date: Fri, 05/08/2009 - 16:52

Submitted by dlundquist
on Fri, 05/08/2009 - 16:52

Posts: 7 Credits: [Donate]

Total Replies: 4


Hi: I posted originally about my payday loans and have worked out payment plans with 2 of the 3---yay!!

Titan, however, are being total jerks and have been debiting my account. My bank refuses to stop ACH w/d.

Should I just change banks at this point.

Or should I try to speak to a supervisor?

My bank is USAA and they are in Texas and I am in IL, so I just can't walk in there...

OR...should I find a lawyer??

Thanks, Diane


Oh I am so sorry this is happening. Due to your location, I would definately call and speak with the bank's supervisor.

Yes you need to just close your account out and open a new one. This company will continue to drain your account as long as they have access to it.

Please show the bank branch manager this information posted below. It is your legal right to revoke electronic withdrawls at any time. If they are giving you a ahrd time with that the fax this to them.

[quote]
Electronic Funds Transfer Act

907. Preauthorized transfers

(a) A preauthorized electronic fund transfer from a consumer's account may be authorized by the consumer only in writing, and a copy of such authorization shall be provided to the consumer when made. A consumer may stop payment of a preauthorized electronic fund transfer by notifying the financial institution orally or in writing at any time up to three business days preceding the scheduled date of such transfer. The financial institution may require written confirmation to be provided to it within fourteen days of an oral notification if, when the oral notification is made, the consumer is advised of such requirement and the address to which such confirmation should be sent.
(b) In the case of preauthorized transfers from a consumer's account to the same person which may vary in amount, the financial institution or designated payee shall, prior to each transfer, provide reasonable advance notice to the consumer, in accordance with regulations of the Board, of the amount to be transferred and the scheduled date of the transfer.

[Codified to 15 U.S.C. 1693e]
[/quote]


lrhall41

Submitted by Cool_Abyss on Sat, 05/09/2009 - 09:35

( Posts: 2936 | Credits: )