revoking ACH authorization from pdl

Yes, you can revoke universal debits at any time per the EFTA law.

How do I do that? Do I write a letter to both the bank and the pdl and what do I say in the letter. Does anyone have a sample letter as an example? Thanks for the help. This is very frustrating.

forgot to add this, since paydayone is legal in my state what do i say to my bank about revoking the ach. If i tell them i want to revoke it because I just can't pay the pdl company that will be very embarrasing.if my pdl were illegal then i'd have a good reason for revoking the ach.any advice?

You do not need to provide a reason. I would also call the Corp Office for PaydayOne and see if you can make alternate arrangements with someone higher up the chain of command.

that is correct, you can revoke an ach at anytime.. but follow pdlowner's advice about speaking to corporate. often the higher up you go, the better service you will get.

I have sent three letter to revoke these ach debit to these illegal paydayloan company's and well now they have put me in compliance. Should I still contact my bank? What does this mean. i can't even call and talked to someone about it. They said that everything will be dealt by fax or e-mail?

i would still contact the bank.. and be relieved that everything is dealt with through email.