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Stop ACH w/d at bank; PDL ventures going under??

Date: Thu, 07/30/2009 - 09:04

Submitted by anonymous
on Thu, 07/30/2009 - 09:04

Posts: 202330 Credits: [Donate]

Total Replies: 21


I am going to go by my bank and stop the ACH withdrawl for my loan with goodtimecash.com, my question is this, as the loan is due to pay tomorrow, has anyone had experience with the companies running it through as a different company name, and if so, how long before they run it through again? I know they can, but I figure if I can stop the one in the morning, then I can run to the bank and close the account really quickly to avoid anything else. I have tried getting in touch with them, but their number is always busy and when I called the Chippewa Tribe Business Committee, they gave me a number to PDLLoanCenter, who is unable to make changes to accounts, only can view them. Also, if this company is going under or whatever, do I still have an obligation to them to pay? I did afterall, sign a contract with them and not a differenct company.


did you pay anything down on it yet? i do not know if they really are going under or just changing names, which is common - they are probably all just the same company.
you are morally obligated to pay back what you borrowed, since i am pretty sure this company is illegal everywhere (some please correct me if they are legal somewhere).
refer to the sticky about closing bank accounts - it is kind of a hassle sometimes, i lost a lot of money when i tried to close mine.


lrhall41

Submitted by bea2ls on Thu, 07/30/2009 - 09:14

( Posts: 3840 | Credits: )


Quote:

I am going to go by my bank and stop the ACH withdrawl for my loan with goodtimecash.com, my question is this, as the loan is due to pay tomorrow,


Need more clarification here. You are stopping the payment with them due why? You stated you been trying to get a hold of the company, so have you overpaid on the loan?

Quote:
Also, if this company is going under or whatever, do I still have an obligation to them to pay? I did afterall, sign a contract with them and not a differenct company.


In my opinion you just answered your own question. It is suggested regurlary here if the lender is unlicensed and a Illegal company. Then you are ONLY to pay the principal borrowed atleast.


lrhall41

Submitted by Cool_Abyss on Thu, 07/30/2009 - 09:19

( Posts: 2936 | Credits: )


i am confused, too.. i assumed that the poster was trying to close the account for some reason (not sure why?)
stopping an ACH tommorow will not really do anything, since it probably debits before the bank even opens and the company will simply go in under a different name. The bank might give you a hard time on this issue, as well.. did you overpay this company?


lrhall41

Submitted by bea2ls on Thu, 07/30/2009 - 09:23

( Posts: 3840 | Credits: )


I don't mind paying the loan, the way that they have it set up, but my paydate has changed to next week Friday, so the money won't be there tomorrow. I have over paid on the loan by $300 now, ($500 loan, paid $800 to date) and they are due to take another $185 tomorrow. I talked to the bank and they said that they could put a stop payment on it, and if it went through they could reverse it. I acutally talked to a guy at PDLLoancenter and he said that they would pay for any overdraft fees that I might incur.


lrhall41

Submitted by on Thu, 07/30/2009 - 09:56

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Quote:

I acutally talked to a guy at PDLLoancenter and he said that they would pay for any overdraft fees that I might incur.


Unless you have that in writing consider it null and void. These guys can be real forgetfull when money is involved.

You have well overpaid the loan, so you have seemed to taken the proper steps in securing your account. They actually owe you a refund :? Did you send this compnay a ACH revocation letter in the past about this debit?


lrhall41

Submitted by Cool_Abyss on Thu, 07/30/2009 - 10:00

( Posts: 2936 | Credits: )


I haven't closed the account yet, I plan on doing it tomorrow once I make sure the ACH doesn't (or does) go through.
I have read that the revocations get "lost" and what not, but I know to cover my bases and send the letter registered.
I'm sure, after reading others who have used this "company" that I'll never see a refund, but I guess it's worth a shot. I'll print off one of those fancy letters y'all have written up in the stickys and give it a shot! Thanks for all the help.


lrhall41

Submitted by on Thu, 07/30/2009 - 10:28

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I have considered doing a hard block, but I have a question about that too. If I do that, I have a legit loan with CashNetUsa that is due to payoff tomorrow, ($100) how would that affect me with them? Do you think I should contact them and let them know my intentions and see what they say?


lrhall41

Submitted by on Thu, 07/30/2009 - 10:36

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yes.cashnet has been known to work with people.explain the situation to them.


lrhall41

Submitted by paulmergel on Thu, 07/30/2009 - 10:38

( Posts: 15514 | Credits: )


discuss it with them.whatever is more comfortable for you go with it.


lrhall41

Submitted by paulmergel on Thu, 07/30/2009 - 11:01

( Posts: 15514 | Credits: )


Hey everyone after days of searching for these scum bags I finally got a number.
1-866-824-0893
These people are PDL Ventures, LLC,
They will tell you what is going to be withdrawn and when. They have all the information..... Please find out and block your accounts. They will have to be closed because these scum bags will use another sister company and draw again!!!


lrhall41

Submitted by on Thu, 07/30/2009 - 15:01

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ALL I GET IS A BUSY SIGNAL WAS ABLE TO TALK WITH SOMEONE LAST WEEK AND CAN'T GET ANYONE THIS WEEK DO ANY ONE HAVE A NEW NUMBER FOR THEM


lrhall41

Submitted by on Mon, 08/24/2009 - 15:49

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