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Automatic withdrawls - what should I do?

Date: Mon, 09/13/2010 - 09:34

Submitted by anonymous
on Mon, 09/13/2010 - 09:34

Posts: 202330 Credits: [Donate]

Total Replies: 2


I'm on a hardship plan with BofA and Chase. I plan on settling with them in around April. I will stop paying them after Oct. They're getting their payments automatically from my checking account.

What's the best strategy to take? Close the account after Oct., put a "freeze" on it (if there
s such a thing), get a new chkg acct. with the same CU, or what? I have a long great history with the CU, and want to stay with them, but I need to stop these withdrawls so I can start saving for my settlement.

Thanks!!!