pdl's still debiting my acct.

Date: Fri, 05/19/2006 - 22:50

Submitted by olive1276
on Fri, 05/19/2006 - 22:50

Posts: 54 Credits: [Donate]

Total Replies: 7

i need some advice on this. i put stop payments on all my ach debits. and even faxed all my pdl's a cease and desist and telling them i was going thru t&c and they no longer had my permission to debit my acct. but they are still trying there even trying to debit it as a check w/ a really long check number ex. 9999999. the money comes out but is eventuallly put back. is there anything else i can do so they stop attempting to do this. or should i just close this acct. and open a new one?

CLOSE THE ACCOUNT ASAP! I would even reopen a new account at

CLOSE THE ACCOUNT ASAP!

I would even reopen a new account at a DIFFERENT bank...That way there's no chance in the bank screwing up and transferring the debits to the new account.

I know it's a pain in the neck, but it is necessary.

lrhall41

Submitted by Jessi on Sat, 05/20/2006 - 03:30

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Jessi is right, Olive... CLOSE IT!!!! the money may be going bac

Jessi is right, Olive... CLOSE IT!!!! the money may be going back in now, but stop payments are only temporary, and expensive. It'll be cheaper and cause you much less problems if you change your bank account. If you do stay with your current bank make sure you let them know what's going on..I saved myself a lot of grief by being honest with my bank, they prevented some funny stuff from going through.

lrhall41

Submitted by finsfan13 on Sat, 05/20/2006 - 06:49

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The payday loan lenders have their ID's with the bank using whic

The payday loan lenders have their ID's with the bank using which the debits are made. Explain the situation to your bank and get the user id of the PDL company blocked. Thus, you won't need to close the account and the PDL also won't be able to make any debits with different amounts. Try it.

Besides you will get some help in the threads below:

http://forums.debtcc.com/forums/after-defaulting.html

http://forums.debtcc.com/forums/nsf-statute.html

lrhall41

Submitted by curlycarl on Sat, 05/20/2006 - 10:19

( Posts: 616 | Credits: )

I would have a fit with that bank...what is that about? Taking i

I would have a fit with that bank...what is that about? Taking it out and putting it back?
Close that account!
Jess is right, go somewhere else and open another one.

lrhall41

Submitted by erzeke1 on Sat, 05/20/2006 - 12:36

( Posts: 1145 | Credits: )

I agree with everyone else. Close the account! Usually if

I agree with everyone else.

Close the account! Usually if you put stop on the ACH debits, the bank (at least my bank does) charges a fee for each stop. It adds up. Much cheaper and safer to close the account.

lrhall41

Submitted by sapphiredreams on Sat, 05/20/2006 - 17:08

( Posts: 272 | Credits: )

I was totally honest w/ my bank about what was going on. When I

I was totally honest w/ my bank about what was going on. When I explained to them that I was going thru a debt mgmt company, they were more than happy to help. As long as they know you are just not trying to close the acct to AVOID paying they should help. Granted, I have been w/ them since 1992. It is a local bank as well, so they KNOW me. Believe me, THAT WAS EMBARRASING.

lrhall41

Submitted by lgall on Sat, 05/20/2006 - 20:26

( Posts: 186 | Credits: )

I closed my account that I had had for 28 years when I started a

I closed my account that I had had for 28 years when I started a debt consolidation program. It was a hassle but believe me it was a relief to know the PDL's had no access to my money anymore.

lrhall41

Submitted by Lorri on Sat, 05/20/2006 - 20:48

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