Help With Payday Advances...

Below is a link you might want to print out and show to your bank!!
http://www.arkansasbusiness.com/news/print_editions/Ark_Supreme_court_Check_Casher_ruling.pdf

Revoke these lenders right to debit your account, it's a federal law and your financial institution MUST abide by it, or I would file a complaint against them! The EFTA law and Regulation E states you can revoke ACH withdrawals at ANY time, no matter what contract you e-signed! Send these lenders the following letters, print it out and take it to your branch manager, tell them you expect action! I don't understand why they won't let you close your account, how can they force you to keep an account you no longer want! Especially if you revoke all rights for these lenders to withdrawal from your account any longer, how you choose to pay them is YOUR business!

The date
Your name and address
The name and address of the creditor
Your account number with the creditor

Dear Sir or Madam,

I hereby revoke your right to use any wage assignment I may or may not have signed with you. You no longer have my permission to use this wage assignment. I am also revoking your right to debit any and all of my personal accounts per the EFTA, regulation E, which is a federal law. If you fail to abide by my wishes, there will be consequences to your actions as I am sure you are aware. I have sent a copy of this to my employer and my financial institution, therefore any wage assignment or debit request or made by your company will be denied.

Sincerely,
Your signature

Thank You So Much, Like I say to my kids..."There is a GOD!" Nobody seems to want to help me and these two Payday Advances are just unreal, everyone else dropped off the face of the earth and have "Written Off" on my accounts, closed them and have never bothered me, These two are a different Horror story. I will try your advice and let you know what happens. Thank You...

You're welcome, please keep us updated!

Just another quick question, Is Paydaymax and Discountadvances legal in Arkansas? They are internet based, I thought all internet ones were illegal here. Wow, there are some real nighmares on here, kinda scary!

Ok, Here is what Discountadvances and Paydaymax has posted when I try to login to my account.
[SIZE=3]We apologize for the inconvenience. In order to obtain information regarding your account, please contact us at 1-866-645-1661[/SIZE]

Here is a e-mail I got from US BANK? This is how crazy this has become

[SIZE=3]I started research on the item in question. Within 10 business days, you will be sent a letter listing the
name and contact information of the transaction originator. If you still believe the transaction is
unauthorized, complete the claim form included with the letter, sign the claim form, and return it to us as
soon as possible, but within 60 days of the statement date. In order to qualify for provisional credit
your claim must be received in writing within 10 business days at the following address:

U.S. Bank
ACH Services
60 Livingston Avenue
EP-MN-WN1A
St. Paul, MN 55107
Fax: 651-495-8054

Your claim will be reviewed and, if approved, your account will be credited for the transaction. Keep
in mind that if the originator later provides us with an authorization you signed and the transaction is
found to be valid, we may take the credit back out of your account. Upon completion of the
investigation, written notification of the outcome will be mailed to you [/SIZE]
If this is a recurring preauthorized payment on a consumer account, and we receive written proof
that you revoked your authorization with the originator, we can block all future payments for you.
Written documentation can be satisfied using our claim form. Documentation must be received
within 14 calendar days either by mail or faxed to the addresses listed above.

[SIZE=3]Please let us know if there is anything additional we can assist you with. [/SIZE]
BUT this is only over the banking online, I am going to go Monday to the branch bank to see if they will do anything, and I will take the papers you have sent me. This is just plain crazy, sounds to me like US BANK makes peoples decisions on WHO they are indeed going to pay, NO MATTER WHAT!
What a headache, I WILL NEVER GET INTO THIS MESS AGAIN! A HARD LESSON TO LEARN!
I will keep you updated, probably need more help! I do appreciate all the info.
Like they say, Knowledge is Priceless!

Make sure you go directly to the branch manager, don't even waste your time on the tellers, they have no idea how to handle a situation like yours.

So I went to the branch of US BANK...The Bank Manager is an idiot. I showed her the paper Shazzer had me print out and she tells me she can cancel my card BUT I have to wait till friday and US BANK will determine what I have to pay IF any adcvances come in on my checking account, PLUS... Even though I told her they were illegal companies in the state of Arkansas SHE doesnt care... US BANK IS A NIGHTMARE! No matter what they are going to make you pay these loan sharks forever... All I can do is hope nothing comes through and that I have enough money to cover the Paydaymax and Discountadvances charges because they continuew to charge my account even though they have been paid way over the amount my advance was... and Close the account! on Friday... Thats all I can hope for... ALSO... she say If I had the phone numbers of these companies she would call them herself...WELL, you Know as well as I they will say I owe such and such amount...You have to be kidding me.....Gotta Love US BANK!

Quote:

There is an address to write to, But Shazzers, at this point I think it is a lost cause, They (US BANK employees, Manager) looks down on people whopm have used a payday advance, At least in my case they are not going to help me. They side right with these loan sharks and don't even acknowledge the Arkansas Attorney General, or The FTC or anyone else for that matter... I could have reached across her desk and strangled her. It makes me upset that they choose to ASSUME you have not paid these people and that you are obligated FOREVER to give these loan shark your money...I have paid them...Way over what I even borrowed... And for her to say Well, do you have there phone number I will call them myself... That Is friggon Beyond My Wildest Imagination! WHO Does She Think She Is! Ms. Janice French Assistant Vice President and Branch Manager Of US BANK in Morrilton, Arkansas... Yea, she tells me well, you opened your account in N. Kingsville, Ohio...I said Yea, so, Do I need to go back there to get results, she says No, I am not saying that... I said, Well my other choice is take all the money I have in here out and let the NSF charges build till US BANK is forced to close the account due to too high NSF charges.... She says , I am not saying to do that... Well, what are you saying, and she tells me, If I had the phone numbers she would call Paydaymax, and Discountadvances... They are friggon crooks in itself... Oh Well, I dont know... People learn from my nightmare, do not do business with US BANK!

Its not a lost cause! Call the bigwigs. How long have you been a customer.? I am so glad my credit union let me close my account immediately. I would not stop the fight until all these PDL are aware that WE will FIGHT back!

At times it just seems overwhelming... I have always stood my ground when I feel I am right and with these two Paydaymax and discountadvances I know I am right... they have been paid way above what I owed them... and discount advances I have paid thousands, I kid you not for just a measley 260.00 loan... But everything I try, I seem to hit a brick wall, the worse of it is this...As of today and talking to the branch manager at US Bank (Assistant Vice President, as she has on her card, I think she made a point to give it to me to intimidate me) Anyways, the worse now is, SHE will make the decision Friday WHOM I have to pay and that is it...I will close the account! I know that... I havebeen with US Bank for over ten years...I have had my fill of them....and then some... But Yes, I will get the account closed Friday...It will just cost me to do it, But it cant be any worse then those Paydaymax and Discountadvances sucking me dry... so I will survive... JUST a Serious NIGHTMARE! I do appreciate everyones help.... and thoughts...Thank You So Much....