MyCashNow
Date: Thu, 07/30/2009 - 14:55
My fiance had a loan through MyCashNow, and we live in North Carolina. He, unfortunately, lost his job back in April, while paying the loan. They REFUSED to change any banking information so that we could pay from my bank account. They began to hit his bank account. At one point, they were able to collect the FULL principle amount of $300.00, but the finance charge bounced...they also caused his account to go in the negative. And, when you have no income, it pretty much stays that way. They have constantly hit his bank account 4-5 times per month for the past 2 months trying to obtain a $50.00 finance charge. His account is almost $1,000.00 in the hole because of them and they won't do anything to help. MCN will not offer any deals and the bank won't close the account. Is there ANYTHING that can be done??!!!
I'm sorry to tell you this, but there is only one sure way to st
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html
Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!
