Arrangements Before Deposit

Do you mean a PDL? I don't know for sure, but I would think that a certain type of procedure has to be followed. You know like first it has not clear, then a phone call, then it goes to collections. I am just guessing here though.

If you are talking about a storefront payday loan, the storefront will have to deposit the check first and then when it is returned NSF, they will contact you to see when you will be able to take care of it. Some storefronts will continue to deposit 2 or 3 times.

Why can't they just call the bank and confirm that the money is not there? There is no point in either party incurring the $33 bank fee when they know the money isn't there.

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Ok. Thanks.

If you don't mind me asking, what storefront are you dealing with and what state are you in?

Cashland, Ohio.

I've dealt with Cashland also, and they will just deposit your checks if you don't pick them up. Once they are returned NSF, call their collections dept and see if you can set up payment arrangements so they won't redeposit. Their collections # is (800)773-3147.

Thanks, Brown Sugar. Can you tell me one more thing?

Is Star Light Financial, LLC licensed in Ohio? Also, if a lender is not licensed, can they be ordered not to take anymore money from a former client's account?

I haven't heard of Starlight Financial. You will need to send this company a letter stating that you are revoking their authorization to debit your account. They will probably not abide by it, though. Can you open another account with your same bank or possibly even a different bank, and close the one that these internet payday loans have access too? I would wait and close it after Cashland deposits their checks, b/c this way, they will not be able to prove criminal intent.