United Cash Loans
Date: Sat, 09/15/2007 - 13:34
Very often when a ipdl can not get the money by debit they will
Very often when a ipdl can not get the money by debit they will convert it to a regular check and send it through to the bank.
My suggestion if you do not want to lose any more money to them
My suggestion if you do not want to lose any more money to them is to close your account , and open a new one in a different bank. This is what most of us do to protect ourselves and gain control of our financial lives.Do not give any one your new account info
reply
bob, how in the world did you get so many loans with one pdl? Or do you mean you had a "total" of this many loans with this pdl? Regardless, United Cash Loans is not a licensed/legal lender. They are evil. As you now know. Apparently, you did an ACH block on United Cash Loans. This will not work (as you have found out). Internet pdl's (especially the illegal ones) will stop at nothing to get your money. They apparently found their ACH debits were blocked, so they put through an electronic check. No, you didn't write the check. But they put through an electronic check and it says on there "signature not required" or something along those lines because they have your authorization to debit your account. Yes, maybe you did revoke their authorization to debit your account; however, they are an illegal company. They are not going to abide by this. You caught this quick. Electronic checks are harder to reverse off your account. You need to go to your bank, speak with the branch manager, dispute this, and they can return the "check" to United Cash Loans. This has happened to me. I've seen the electronic checks. It's an ugly mess. While you are at the bank, with the branch manager, you need to discuss closing that bank account. You need to see if they will totally close it or put a hard debit block on it so NOTHING goes through (not even your stuff). Nothing will hit it. Please go to the bank, only speak with the branch manager, and dispute this electronic check as quickly as possible. The sooner you inform them, the easier it is for them to reverse it. Electronic checks are harder to reverse off than an ACH debit. And be sure to get that account closed or blocked. You will need to open a new account.