Help with payday loans in M.D. and my bank.

As they are illegal, so you are required to pay them only the principal amount. You need not to pay any interest or fees. Illegal lenders can???t take any legal action against you. File a compliant against them to the SAG or FTC.

Instead of trying to revoke ACH on your account, you could have asked the bank to put your account on 'deposit only' status. That would have kept the PDL from pushing the account into overdraft.

What you need to do now is go to the bank authority and ask them about the "something out there waiting to go through" and if it has gone through or not.

Why did the bank refuse to close the account or revoke ACH? Its your account and you have the right to modify or dissolve it at will.

The bank is of course going to ask you to pay off the overdraft and when you refuse, they are either going to seek a judgement against you or charge off the account and give it to the collectors. Your best bet is to file suit against the bank employees.

The account overdrafted because the proper ACH revocations were not done. A copy should have been sent to the PDL and given to the bank....the legally Wachovia had to stop them.

The problem is that you mishandled it in the beginning. The only avenue you may have now is to dispute those charges as fraudulent with the bank. If they prove to be fraudulent charges, the fees would also be reversed and that should eliminate the debt. You'll need to prove that you paid the principal of the loan and therefore owe nothing further.