What happens now?
Date: Wed, 02/27/2013 - 08:31
I received my bank statement several days ago to find that several online payday loan companies had issued me unauthorized payday loans and had started taking payments out of my accout. I had my account closed and my bank issued disputes on all of the transactions. I have also filed complaints throught the FTC as well as had my social security number flagged through all three credit bureaus. My bank returned any deposits that were made to my account and reversed all debits from these companies. This is my question: What happens now? Will these companies consider these accounts settled or are they going to try and say that something is still owed to them. Any answers on this subject will be greatly appreciated. Thank you for your help in advance.
a Cease and Desist letter. I
a Cease and Desist letter. I believe you can find an example on this site.
No question of considering
No question of considering these accounts settled. As far as you are concerned, the money was deposited without authorization and illegally. If they call you trying to collect, send them a C&D letter or just ignore them and report them to the AG and the FTC.
Here is the link for a C&D
Here is the link for a C&D letter example http://www.debtconsolidationcare.com/paydayloan/thread184286.html
