took out a $500 payday loan, the company took $1500 from my account then yesterday took an additional $583 when it said the balance is $180 what can be done
Inform
your bank or credit union if you see a payment that you didn't authorize
or a payment made after you revoked the authorization. If you’re
having a problem in stopping a lender from taking out money from your
account, you can contact your state regulator or state attorney general
. You can also submit a complaint to the CFPB online or by calling (855)
411-2372.
Who is
the lender? Do you know if they are legal in your state? First, revoke
the ACH authorization with your bank so that the lender can't take away
money from your account. What state are you in by the way? How much
interest are you paying on the loan? If the lender is legal, all you
need to do is pay the principal amount. Otherwise, you have to try for a
settlement.
Sub: #1 posted on Thu, 09/05/2019 - 22:07
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Sub: #2 posted on Thu, 09/05/2019 - 23:03
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Sub: #3 posted on Tue, 09/10/2019 - 03:21
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