Closing bank account help

Date: Tue, 07/20/2010 - 07:12

Submitted by anonymous
on Tue, 07/20/2010 - 07:12

Posts: 202330 Credits: [Donate]

Total Replies: 4

I called my bank yesterday and did exactly what was stated in a previous thread. SHe said they could close the account but any ACH's could force it open. She also said I couldnt put a deposit only on the account. She sent me the letter below and explained this is how I can take care of it. To me, it looks like if I complete this letter the payday loan lenders will send the electronic documents and I will be forced to continue to pay. I have two internet loans in State of California from Paydayloan Yes and Ace Cash services. Any help would be appreciated. They took out more money today. The loan amount for each was 300, ace has been taking anywhere from 100-160 a month since October and payday loan yes takes 100-150 twice a month.

I cant paste the letter, but basically its a request to provide written confirmation of EFT. I have to list the charge (no place to list charges) They will contact the loan companies and ask them to provide proof that I signed an authorization for the charges. If they prove I signed for authorization, then i could face penalties from my bank for making false statements.

Please I need any advice you can offer.

Thank You

Who is your bank? Did you tell them IT IS fraudulent activity,

Who is your bank? Did you tell them IT IS fraudulent activity, illegal lenders going into your bank account? If you request and tell your bank that there is fraud being committed against you they HAVE to honor that, if they dont contact your state banking commission. Completely close the account and go to a different bank and reopen one there if your bank is not listening to you

lrhall41

Submitted by on Tue, 07/20/2010 - 07:48

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USAA federal savings bank. I told them they were an illegal unli

USAA federal savings bank. I told them they were an illegal unlicensed business. If i close the account the ACH can still go through after its closed. that was the problem.

lrhall41

Submitted by on Tue, 07/20/2010 - 20:00

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Read this thread and copy it out....http://www.debtconsolidation

Read this thread and copy it out....http://www.debtconsolidationcare.com/paydayloan/stop-ach-withdrawals.html

Go into you bank and ask for an ACH block.

lrhall41

Submitted by SOAPLADY on Tue, 07/20/2010 - 20:07

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THANK YOU!! The problem is my bank is in Texas and Im in Califor

THANK YOU!! The problem is my bank is in Texas and Im in California! They want me to fill out that form and I have a feeling when the contact the loan companies they will provide them with my "internet signature" which says I authorized the loan. How do I get them to understand that they have taken out too much money. They just took out 150 today because they wouldnt close my account when I called on Monday. Any other ideas?

lrhall41

Submitted by on Wed, 07/21/2010 - 17:40

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