Illegal in il
Date: Fri, 07/23/2010 - 07:07
Discount advance
Integrity advance
Nationwide cash
called my bank and they are putting stop payment on these for 6 months. Will be calling the companies in just a few minutes and will add to this.
You don't need to pay for a stop payment, all you need to do is
You don't need to pay for a stop payment, all you need to do is revoke their right to debit your account, per the EFTA law and regulation E. The bank must honor your request. Also, I just want you to know that placing a stop payment on these lenders, or revocation will not stop them from accessing your account, they will keep changing their names and continually hit your account for HUGE amounts. These lenders are also known to share information with other illegal lenders, which opens up a new can of worms. If I were you, I would close that account and be done with it, open a new one elsewhere. CLICK HERE to find out how to deal with illegal lenders.
Quote:Originally Posted by ShazzersYou don't need to pay for a s
Quote:
Originally Posted by Shazzers You don't need to pay for a stop payment, all you need to do is revoke their right to debit your account, per the EFTA law and regulation E. The bank must honor your request. Also, I just want you to know that placing a stop payment on these lenders, or revocation will not stop them from accessing your account, they will keep changing their names and continually hit your account for HUGE amounts. These lenders are also known to share information with other illegal lenders, which opens up a new can of worms. If I were you, I would close that account and be done with it, open a new one elsewhere. CLICK HERE to find out how to deal with illegal lenders. |
Well they say they dont know what I am talking about when I told them about the ach withholding. So I will be closing it on monday then send letters to the payday loans. Thanks so much for this wonderful site.
Quote:Originally Posted by Brenda MonroeWell they say they dont
Quote:
Originally Posted by Brenda Monroe Well they say they dont know what I am talking about when I told them about the ach withholding. So I will be closing it on monday then send letters to the payday loans. Thanks so much for this wonderful site. |
Print out the information below and take it into your bank:
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=Shazzers;726801]Print out the information below and take
[QUOTE=Shazzers;726801]Print out the information below and take it into your bank:
[Codified to 15 U.S.C. 1693e][/QUOTE]
They say the only thing they can stop is the dollar amount....so the best thing for me right now is to close that account
Quote:Originally Posted by Brenda MonroeThey say the only thing
Quote:
Originally Posted by Brenda Monroe They say the only thing they can stop is the dollar amount....so the best thing for me right now is to close that account |
Weird bank, but if you aren't up to proving your point then yes, the simplest way to deal with this is to close your account.
YESSSSSSS...TY SITE...Discount advance settled with me for $135.
YESSSSSSS...TY SITE...Discount advance settled with me for $135.00 with a little talking and telling them they had no license here....
second loan was for $700...paid nothing
first loan was for $500 and paid $1,065
so with the knowledge you gave me I got it paid off with $135.00
[RIGHT]
[/RIGHT]
YESSSSSSS...TY SITE...Discount advance settled with me for $135.00 with a little talking and telling them they had no license here....
second loan was for $700...paid nothing
first loan was for $500 and paid $1,065
so with the knowledge you gave me I got it paid off with $135.00
[RIGHT][/RIGHT]