Legal Payday Lender Refusing ACH Debit Revoke Letter
Date: Mon, 10/03/2011 - 10:27
I have a 600 loan through Advance America who is a legal lender in Michigan. I set up payment arrangements but am having trouble with the last payment. They are refusing to follow the letter I sent revoking any and all ACH Transactions. I notified them yesterday 4 days prior to the date they're supposed to debit my account. Are they allowed to do that even though I revoked their rights?
They MUST abide by any and all ach revocation. I would suggest
They MUST abide by any and all ach revocation. I would suggest closing your account and notifying your bank as to why. Report them to your state ag's office too.
