payday loans deductions on my checking account

Please tell us who you have loans with, how much you have borrowed, how much in total you have paid to each, are they store front or internet, what state you live in. When we get this we can help you.

Kashzan, I have 3 loans out: $1500 to Check-n-Go online, I have paid them $1273.24 ($318 every two weeks). $3500 to QuickClick Loans, I have paid them $1115.52, and one storefront to Check-n-Go for $1200, I have refinanced numerous times and pay them $220 every two weeks, for probably 3 months at least. Problem is due to these expenses and auto-payments I have not paid my Credit Cards or other legitimate loan for 2 months now. I live in Wisconsin and now think I should stop paying these guys and start catching up on my other debts. What are my options for Wisconsin? I have already decided to stop the auto-payments so I have at least some money each check.

You will find the Payday loan laws for Wisconsin here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

bonus, it looks like your on line Check n Go is the one that is backed by First Bank of Delaware, which means they would be licensed/legal. So you would need to make some kind of payment arrangments with them. Your QuickClick Loans - is that also an "installment loan"? From the amount, it looks like it may be. Your storefront Check n Go is a member of the CFSA. If you haven't defaulted on it yet, you can go to the store front BEFORE the due date of the loan and ask to invoke the EPP (extended payment plan). They will break down your loan into 4 equal payments coinciding with your paydates. All collection activity stops and no further fees will be incurred. I have posted your state pdl law above for your reference. If you have any questions, please post. :D

If the two loans are legal, then what happens if I stop paying them? I read the CNG document and even if I revoke the ACH authorization, they can submit a Remote Check for any amount up to what is owed. I'll assume QCL is the same.

bonus, what you can do is contact both of your installment loans and tell them you no longer have a bank account. Tell them you need to set up an alternative payment plan. Tell them the BANK closed your account. Your loan documents are stating that if an ACH debit won't go through, then they will put through an "electronic check" for whatever amount they want. Oh, that's nice! If you can get your storefront taken care of (with a payment plan like the EPP), they won't turn your check in to the bank. They'll hold it. Criminal action is prohibited in your state. You could actually close your account so that your installment loans can't debit any longer. However, since you will have to continue to pay them, you will need to contact them. They should give you an address to mail payments to. At least this way, your checking account isn't going to be debited to death or they won't be able to send through a "check" for God only knows how much without your knowledge. I know it's a huge thing to close your account and open another one. However, it's sometimes the best thing to do to regain control over your money. Just remember that each one of your loans is licensed/legal. So you will need to contact each one and set up a plan. Okay? I'm going to post some information regarding closing your account by goudah for you to read. Read this information and post if you have any questions.

I also forgot I have a new payday loan with PayDayOne over the internet, first payment is due this week. The total is $500 and also an ACH. Are they legal?

When you mention payment plan for the installment loans, what is typically the setup? I can't afford the same $640 and $280 per month I was paying. What usually happens regarding payment plans? How much notice must I give them for revocation of the ACH transactions?