thought payday loan hell was over from over two years ago
Date: Thu, 06/19/2008 - 07:04
Got two companies deleted off my credit reports. but two are being stuborn. Time to get my lawyer involved with that one.
I must've been in lala land, and didn't read my mail and found out my old bank reported me to check systems.
I found WI laws, however, I thought I found somewhere that they can only debit the account twice? They tried debiting my account several times if I remember correctly. I tried working with my old bank at the time it happened, but they didn't want to hear me. So I just had them close the account. Now, I need proof so I can get off check systems. I know i seen it somewhere.. just can't remember it where. (I know they already owe me a refund because I found out they can only charge $15 for non insufficent funds, but i'd just be happy with deletion off credit reports/check systems) though I have a feeling i'll have to get my laywer involved with this one as well.
So,. can someone help me find where I seen that they can only debit the account twice?
TIA
Hello, I'm sorry but I am having trouble following your post, pr
Hello, I'm sorry but I am having trouble following your post, probably just me. :? Anyway, when you say "they" can only debit it twice, who are you referring to you, would you mind clarifying? Thanks!
thought payday loan hell was over from over two years ago
"they" Meaning my bank. I read somewhere that they can only allow the transacation to go through twice according to WI laws... but can't seem to find that again.
Hmmmm, I'm not sure about that, but you could shoot off an email
Hmmmm, I'm not sure about that, but you could shoot off an email to the WI dept of financing to be sure. Try doing that by searching for a contact here: http://www.wdfi.org/
Also, you have to keep in mind that these pdl companies have a bad habit of changing their names when they debit your account, so there is no way for the bank to know whether it is a valid ACH transaction unless you dispute it. They can only assume it's valid since they [pdl's] have your account information, this is why it is always best to dispute it! :)
Here is some more info for you. Department of Financial Institu
Here is some more info for you.
Department of Financial Institutions
Wisconsin Consumer Act Section
P.O. Box 8041
Madison, WI 53708-8041
608-264-7969
800-452-3328 (in Wisconsin)
and never mind found it :) apparently i need more sleep. Off to
and never mind found it :) apparently i need more sleep. Off to type up a letter to the branch manager.
will do. my lawyer is already working on one pdl from back then.
will do. my lawyer is already working on one pdl from back then. So i'll just ask him to add the collection agencies to the list. He wanted me to see if I could get them deleted myself. as I said, two of them did, and two of them are being stubborn. I'm going to write the collection agencies my self first-just went through the credit agencies dispute system. So we'll see if i get any where with the collection agencies, before adding another task for my lawer. :)
thought payday loan hell was over from over two years ago
Where did you find your information? Were you right in your assumption? Did you mean that the laws say a bank and or company is only allowed to run a transaction through twice?
Just my two cents here regarding the bank/company running transa
Just my two cents here regarding the bank/company running transactions, I called my state's department of finance and asked that question. I got my answer. So it wouldn't hurt to call or email and ask what your state law "allows" as far as how many times someone can try to run a check through. :D
