PDL's and ACH

Date: Tue, 10/23/2012 - 13:19

Submitted by anonymous
on Tue, 10/23/2012 - 13:19

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Total Replies: 1

I have read a number of posts on here regarding PDL's, ACH revoke letters, Closing bank account, etc. Very helpful and appreciated! So is it the recommendation to close your bank account and open a new one as a precautionary measure, or is it because after the PDL's receive the revoke letter they try to debit your account anyway? Once you notify the bank to put a hard hold on any debits for those PDL's, wouldn't the bank be liable?

Thanks

You are better off closing the account. The bank can't be held r

You are better off closing the account. The bank can't be held responsible when these shady illegal lenders come in under different names, for example.

lrhall41

Submitted by waffles on Tue, 10/23/2012 - 17:00

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