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loan shop

Date: Sun, 08/09/2009 - 06:30

Submitted by anonymous
on Sun, 08/09/2009 - 06:30

Posts: 202330 Credits: [Donate]

Total Replies: 1


i need to know how to get the loan shop to stop taking mony from my account. My loan was for $300.00 and they have taken $540.00 out so far. I live on ss. I have not been able to pay it off or make an extra payment on it.


I'm sorry to tell you this but there is only one sure way to keep them from debiting your account, and that is to close it out. If you can't close it out, then you need to go to the bank and speak directly with the branch manager, ask them to place a hard debit block on your account, though that is only a temporary fix. Once companies such as the loan shop has your personal account information they will debit the heck out of it. That is why it's recommended you close it and open a totally new account at a different bank. I am moving this to the payday loan section so more people will see it. You might want to provide us with more information so we can help you, your state, names of lenders, whether they are internet or store front, how much you borrowed and how much you have paid back so far.


lrhall41

Submitted by Shazzers on Sun, 08/09/2009 - 10:36

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