Tribal Loan In Louisiana

Date: Tue, 06/12/2018 - 11:50

Submitted by Brandy C Ragsdale on Tue, 06/12/2018 - 11:50

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I have a tribal loan. Did not know until today. I have paid $1641.11 so far for a loan in the amount of $650. I need to know the exact steps on handling this. I have read about ACH revocation, but I am not sure of really where to begin.

Total Replies: 3

Okay. Better late than never.

Okay. Better late than never. Don't pay a penny to the tribal lender. You owe a refund actually. Go to the bank and meet the branch manager. He can help you to complete the formalities.

You can find out all the steps here:
https://forums.debtcc.com/paydayloan/federalregulationsconcerning-achrevocation.html
https://forums.debtcc.com/paydayloan/dealingwith-illegallenders.html

Submitted by SC on Tue, 06/12/2018 - 23:56

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Thank you so much! So, do I

Thank you so much! So, do I close my account or with the letter, can I keep my same account?

Submitted by Brandy C Ragsdale on Wed, 06/13/2018 - 07:05

Brandy C Ragsdale

( Posts: 9 | Credits: )

Brandy,

Brandy,
Ofcourse you can. You are just withdrawing the auto-pay privilege from the creditor. You just meet your bank branch manager and send him a letter to revoke the ACH. After that the lender won't be able to deduct any payment from that account. But you can easily operate the account as usual.

Submitted by tiarajoseph11 on Thu, 06/14/2018 - 00:42

tiarajoseph11

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