got a payday loan on line. they really didnt expla
Date: Sat, 04/23/2011 - 16:10
It should have been on the contract you signed. Payday loans ar
It should have been on the contract you signed. Payday loans are meant to be paid back within two weeks or so...hence the payday loan title.
However, from what I am reading, payday loans are illegal in PA. You will need to close you bank account....talk to a bank manager or personal banker. A payday loan expert will be around.
The problem with stopping payment, is some banks, can (or will)
The problem with stopping payment, is some banks, can (or will) only stop incoming transaction of a certain amount of $. So if you stop the 150, then the next day they'll deduct 2 payments of $75 and things like that. I've had that happen before. Call/check the website. Some have something where you can change the amount they take out so you can pay it off. If you can, just do it, saves a lot of headaches. If not, then answer a few extra questions please. Which company did you use? How much was the loan? How much total have you repaid so far? Also as SOAPLADY said, talk with your local bank and see what they can do to stop incoming transactions from this company.
In order to stop further withdrawals you need to close your acco
In order to stop further withdrawals you need to close your account. From there you can figure out what you need to pay back, if you haven't repaid the principal yet.
Who was the payday lender, how much did you borrow, and what have they debited so far?
Please provide the info on the PDL you borrowed from. You'll pr
Please provide the info on the PDL you borrowed from. You'll probably be better off closing your account completely; even if the bank puts a stop on withdrawals from a particular company, so many PDL's operate under several names, they may just use a different name to get their money.