Check into Cash help
Date: Fri, 05/15/2009 - 11:13
Today, they took out the full amount of the loan as an ACH hold on my account. I did not authorize this and I do not see anything in my paperwork that gives authorization.
I'm fairly certain the ACH will be sent back because I had a very small amount in my account. A shame the returned item fee will clear my account fully of the only money I have for food in the next week.
So anyone have any advice on what I can do? I talked to my bank and they said they can do nothing until the transaction has cleared.
Thank you in advance!
I am guessing that you have not been in contact with thier colle
I am guessing that you have not been in contact with thier collections department? I can assure you that they are very good about working with you if they can speak to you. Based on the information that you gave, they were able to collect the entire check amount and late/nsf fee, so they will consider your account PIF.
Unfortunatley, the key to working with a creditor is to maintain communications. The collections department cannot read your mind or know your situation if you do not speak to them and thier job is to collect the money that is loaned out by the stores. You can try calling the Corp Office, but I would not expect them to give you the money back...
Call them, explain your situation and see what kind of payment a
Call them, explain your situation and see what kind of payment arrangements can be made. I completely understand it can seem easier to ignore the calls but I am learing it is easier to talk to your creditors and try to work things out.
I also had to default on my loan with CIC but they have been great about working with me as long as I work with them, call on a regular basis and bring in the payments we pre-arranged on time.
Quote: I also had to default on my loan with CIC but they hav
Quote:
I also had to default on my loan with CIC but they have been great about working with me as long as I work with them, call on a regular basis and bring in the payments we pre-arranged on time. |
You are exactly correct, but in this case it looks as though there was no communication and they have already processed the ACH and the funds are being held for the system to batch.
i defaulted with checkintocash it was about 5-6 years ago. i dod
i defaulted with checkintocash it was about 5-6 years ago. i dodged them. and they were horrible. they called my refrences every single day. they even sent people to my house to knock on my door. but the only reason i dodged them was the manager was a very nasty man named elvis. i would take everyones advice and leave the lines of communication open.
