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Paid off my payday loans. Should I close my checking account?

Date: Tue, 03/02/2010 - 20:45

Submitted by anonymous
on Tue, 03/02/2010 - 20:45

Posts: 202330 Credits: [Donate]

Total Replies: 4


Finally, I was able to pay off all my payday loans. My question is should I now close my checking account and open another one? No one has tried to charge me for anything they shouldn't, I'm just worried if they do. Any help would be greatly appreciated.


I can only speak for what I'd do, I'd close my account just to be on the safe side. Most of us have seen how these outfits share our bank information with others and how they can pop back up after being "silent" for a long time. I wouldn't want to take any chances on my account being drained in the future. If it's no hardship for "guest," I think he/she should close the account.


lrhall41

Submitted by on Thu, 03/04/2010 - 09:16

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My payday lenders were:
cashnetusa
Fastcash500
thinkcash

I'm in colorado. Could I just go to my bank and remove the authorizations for them to debit my account?

Thanks for any help you can give me.


lrhall41

Submitted by on Wed, 03/10/2010 - 21:44

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