Bank Account Overdrawn by PDL

Date: Fri, 09/10/2010 - 08:34

Submitted by A L G
on Fri, 09/10/2010 - 08:34

Posts: 10 Credits: [Donate]

Total Replies: 3

My bank account was overdrawn today by PDLs that came out last night. I went to close my bank account this week, but I couldn't because my car insurance payment was pending to come out and they wouldn't close it with a pending payment. I'm working with someone to help me consolidate them all and I've been told to stop paying them, but there is no way to shut them out. So, all my PDLs came out last night and my account is overdrawn. I know I'll have a $35 fee for each item that was overdrawn, but my question is, will be bank send back the transactions to the PDL people and I'll only end up overdrawn for the fees, or will I end up overdrawn the amount they tried to take AND the fees? If it's just the fees I can pay those off and close my account, but I can't pay the PDL payments AND the fees.

It depends on the bank. Please read the sticky thread about dea

It depends on the bank. Please read the sticky thread about dealing with illegal lenders and closing your account.

lrhall41

Submitted by J L B on Fri, 09/10/2010 - 08:39

( Posts: 329 | Credits: )

First of all, please list the following information so we can he

First of all, please list the following information so we can help you.
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.

lrhall41

Submitted by Shazzers on Fri, 09/10/2010 - 09:17

( Posts: 17344 | Credits: )

I'm in Texas. See below for what I have borrowed and what I hav

I'm in Texas. See below for what I have borrowed and what I have paid back so far. ANY advice is welcome. So far, I've sent a letter to PayDayMax. They've blocked access to my account online so I'm assuming they got my letter, but I haven't heard back from them otherwise. Would like to send additional letters, I just don't know who is and who isn't legal in Texas. THANK YOU!!

Little Loan Shoppe - borrowed $300, paid $1680 so far
Integrity Advance - borrowed $600, paid $1538 so far
PayDayOne - borrowed $800, paid $734.25 so far
Nationwide Cash - borrowed $600, paid $1475 so far
Check N Go (this is a storefront in TX, but I got the loan on the Internet) - borrowed $1500, paid $1396.07 so far
PayDayMax - borrowed $900, paid $1112.38 so far
One Step Cash (SSK LLC) - borrowed $400, paid $945 so far
Ace Cash Express (This is a storefront in TX, but I got the loan on the Internet) - borrowed $1000, paid $2515.83 (this one just PIF on Friday, but can I get any of the interest back?)
Sure Advance - borrowed $400, paid $424 so far
Speedy Cash (this is a storefront in TX, but I got the loan on the Internet) - borrowed $500, paid $508.05 so far
Pay Day Loan YES - borrowed $350, paid $420 so far
CashNetUSA - borrowed $900, paid $459.25 so far
Zip19 (Bank says Northway Financial) - borrowed $200, paid $239.96 (this one is PIF, didn't know if I could get the interest back)

lrhall41

Submitted by A L G on Mon, 09/13/2010 - 09:53

( Posts: 10 | Credits: )