What happens with a judgement?
Date: Tue, 06/30/2009 - 13:42
I also (stupidly) set up pmt arrangements with Ameriloan for $94.68/mo for 4 months to pay them off....then I find out they are ILLEGAL. I shouldn't have ever given my bank acct info over the phone either so I am kicking myself big time for that. I hate to have to close my account, I just opened it in March and I really like it. Sorry this got so long. I'm just looking for a decent way to get out of this mess without causing myself more money than I have to pay. I'm also trying to improve my credit score. If I would have had a decent score to begin with I wouldn't have had to take out these stupid PDL's when we got into a bind. I'm now trying to live the Dave Ramsey way and get myself out of debt and will hopefully be able to build up enough savings that I won't ever have to get a "loan" again! Other than for a house or vehicle of course.
The only way to stop Ameriloan is to close your existing account
The only way to stop Ameriloan is to close your existing account and open another.
Tell your bank you lost your checkbook...they will instantly CLO
Tell your bank you lost your checkbook...they will instantly CLOSE your account and reopen another account for you--your online banking and debit card will be linked to your new account. It should take about 15 minutes.
Awesome...thanks! I think I will definitely do that! I have so
Awesome...thanks! I think I will definitely do that! I have some bills that automatically come out of that account like my truck pmt...but I am sure I can call and give them the new info. If lets say at the end of July when Ameriloan tries to debit the $94 again...will the bank debit it from my new account #? Surely not since there would be the potential for fraud with a "lost" checkbook right?
The bank should not debit from the new account. make sure any AC
The bank should not debit from the new account. make sure any ACHs will not reopen the old one, as well.
You are correct...If you "lost" your checkbook then the bank wil
You are correct...If you "lost" your checkbook then the bank will not reopen it for any reason. Everything will be returned as account closed. The bank will not debit your 94.00 from your new account as the account holder is responsible for notifying everyone of their new account info. Now if you gave them specific instructions to pay say, 2 outstanding checks (check number and amount) out of the new account, most banks would do that for you. I hope this helps!