Elastic-Urban Trust Bank
Date: Tue, 07/06/2010 - 19:30
I have a "loan" with Elastic (Urban Trust Bank), the APR is 325% for month and bi-weekly customers! (I almost had heart failure after realizing the interest rate)!
I did the following: I sent a Revocation of ACH Affidavit to my financial institution, which is a credit union! My credit union investigated Elastic, and an ACH Hold will not work! The funds are withdrawn via an ACH, and a check number, (which Elastic) provided! So, I closed my checking account with my credit union, and obtained a new account! Which will deny Elastic access to my new account as they do not have the new account number! Also, under my old checking account, I had a hold placed on checks! It was a pain-in-the-neck, but very well worth the effort!
Now, I attempted to work with Elastic directly, which I personally found impossible!
I am enrolling all of my ???outstanding debt??? with Care One under their ???Settlement Program??? I have approximately $8000, in charged off debt from over 4-years! So, I am not sure if I should include the creditors that are ???not??? hounding me! Or if I should include the entire mess!
I would appreciate any suggestions! Thanks!
I did the following: I sent a Revocation of ACH Affidavit to my financial institution, which is a credit union! My credit union investigated Elastic, and an ACH Hold will not work! The funds are withdrawn via an ACH, and a check number, (which Elastic) provided! So, I closed my checking account with my credit union, and obtained a new account! Which will deny Elastic access to my new account as they do not have the new account number! Also, under my old checking account, I had a hold placed on checks! It was a pain-in-the-neck, but very well worth the effort!
Now, I attempted to work with Elastic directly, which I personally found impossible!
I am enrolling all of my ???outstanding debt??? with Care One under their ???Settlement Program??? I have approximately $8000, in charged off debt from over 4-years! So, I am not sure if I should include the creditors that are ???not??? hounding me! Or if I should include the entire mess!
I would appreciate any suggestions! Thanks!
If it was me, I would include everything, but it is really up to
If it was me, I would include everything, but it is really up to you.
I have notice lots of folks admitting poor judgment in utilizing
I have notice lots of folks admitting poor judgment in utilizing ???Payday Loans??? were a risky choice!
But, what about the other half of folks, blaming the ???Payday Loan??? company for their financial mess!
Just an observation!