mypaydayloan.com and bank
Date: Tue, 02/19/2013 - 18:42
Hi everyone,
I cancelles my ACH and put a freeze on my checking account back in january. When I talked to the branch manager, I mentioned that I overpaid mypaydayloan.com by over $ 700. We discussed the option of reversing the ACH up to 90 days to get back what I overpaid. I got the money back and used it to pay off some of the other pay day loans principal.
Today I received a letter from the bank stating that they completed their investigation and the ACH deductions were legal and They are going to deduct the entire amount in two days!
Attached to the letter was a copy of the loan agreement.
What do I do now?
Thanks
I cancelles my ACH and put a freeze on my checking account back in january. When I talked to the branch manager, I mentioned that I overpaid mypaydayloan.com by over $ 700. We discussed the option of reversing the ACH up to 90 days to get back what I overpaid. I got the money back and used it to pay off some of the other pay day loans principal.
Today I received a letter from the bank stating that they completed their investigation and the ACH deductions were legal and They are going to deduct the entire amount in two days!
Attached to the letter was a copy of the loan agreement.
What do I do now?
Thanks
sorry
soaplady is right as until you actually revoked the ACH the debits were legal,and you should not have touched the money until the investigation was complete.now you are on the hook for that.
