Using CheckCard for Payment Arrangement
Date: Fri, 10/22/2010 - 08:39
Hi,
I have a loan with Cash Net USA and ChecknGo in Alabama - both licensed, both internet loans. I closed account both these are drawn on and have another account at separate bank.
I callled and discussed payment arrangements and they said I could make them via checkcard. I told them I would not give them my routing and account at other bank.
Do you think it's safe to give them my checkcard number from new bank?
Could I maybe by a prepaid visa card and use that to make payments?
Any advice would be appreciated
I have a loan with Cash Net USA and ChecknGo in Alabama - both licensed, both internet loans. I closed account both these are drawn on and have another account at separate bank.
I callled and discussed payment arrangements and they said I could make them via checkcard. I told them I would not give them my routing and account at other bank.
Do you think it's safe to give them my checkcard number from new bank?
Could I maybe by a prepaid visa card and use that to make payments?
Any advice would be appreciated
Quote:Originally Posted by AnonymousHi, I have a loan with Cash
Quote:
Originally Posted by Anonymous Hi, I have a loan with Cash Net USA and ChecknGo in Alabama - both licensed, both internet loans. I closed account both these are drawn on and have another account at separate bank. I callled and discussed payment arrangements and they said I could make them via checkcard. I told them I would not give them my routing and account at other bank. Do you think it's safe to give them my checkcard number from new bank? Could I maybe by a prepaid visa card and use that to make payments? Any advice would be appreciated |
I too have a loan with CashNetUSA. I made payment arrangements as well. I went to Walmart and bought a prepaid Money card for $3. Every 2 weeks, I load my prepaid Money card up with only the payment amount that I agreed to with CashNetUSA. (It only costs $3 to loan money onto the account). I would never - ever give them my new bank information because who knows if they would take more than the agreed payment. The Money Card from Walmart has worked good for me.
^^Agreed. Please use extreme caution. Even though they are lega
^^Agreed. Please use extreme caution. Even though they are legal and licensed that doesn't mean they're ethical. Please use money orders or pre-paid cards.
Quote:Originally Posted by Lizzie1014I too have a loan with Cash
Quote:
Originally Posted by Lizzie1014 I too have a loan with CashNetUSA. I made payment arrangements as well. I went to Walmart and bought a prepaid Money card for $3. Every 2 weeks, I load my prepaid Money card up with only the payment amount that I agreed to with CashNetUSA. (It only costs $3 to loan money onto the account). I would never - ever give them my new bank information because who knows if they would take more than the agreed payment. The Money Card from Walmart has worked good for me. |
Great advice. I have never used a prepaid card before. So they can be used pretty much as any check card or debit card can be used?
Thanks!
Quote:Originally Posted by J L B^^Agreed. Please use extreme ca
Quote:
Originally Posted by J L B ^^Agreed. Please use extreme caution. Even though they are legal and licensed that doesn't mean they're ethical. Please use money orders or pre-paid cards. |
Great advice. Thank you. Prepaid is the way I will go.