pay day loans
Date: Thu, 03/18/2010 - 07:58
if i sign up with a company to have debt consolidated as far as payday loans can they still leagally debit my account?
Quote:Originally Posted by Anonymousif i sign up with a company
Quote:
Originally Posted by Anonymous if i sign up with a company to have debt consolidated as far as payday loans can they still leagally debit my account? |
Have you included your pdls to the consolidation program?
Who are your lenders? Which state are you in?
Not all the payday lenders are legal in all the states. If you share the names of your lenders with us, we can then look up your state laws and the legal status of your lenders.
[FONT=Verdana][/FONT] Well Moomie, as far my knowledge goes t
[FONT=Verdana][/FONT] Well Moomie, as far my knowledge goes the payday lenders can't legally debit your account after you enroll into a debt consolidation program. But there are lenders who doesn't abide by the rules. If you want to stop electronic withdrawals then you should revoke ACH debit authorization and wage assignment agreement from the payday lender. You can ask the bank to put a hard hold on your account.
