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Defaulted on loans with United Cash Loans

Date: Mon, 07/09/2007 - 10:43

Submitted by pinkdoodles1979
on Mon, 07/09/2007 - 10:43

Posts: 21 Credits: [Donate]

Total Replies: 3


I recently defaulted on a loan with United Cash Loans. I sent them several faxes over the last 2 weeks and I never heard anything from them, so I decided to log into my account with them to see what was going on and now it says that I have a pending loan. I'm not sure how they plan on doing that since my old account has been closed and they don't have the information to my new account. Is it possible to deposit money into a closed account?


If your account is closed and they try to send an ACH credit to it, the bank will reject it. That's IF the account is closed.


lrhall41

Submitted by cannr on Mon, 07/09/2007 - 10:46

( Posts: 9317 | Credits: )


Then if they try to deposit funds into your closed account, it will be rejected by your bank - as the account is no longer active. Then they will be notified that their "credit" did not go through and was rejected.


lrhall41

Submitted by cannr on Mon, 07/09/2007 - 11:15

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