Deposit Only
Date: Thu, 05/27/2010 - 13:44
If I were to put a Deposit Only on my account , How long would that have to last for or do the PDL companies just keep coming under differenet names and keep trying?
Is it possible to do with Bank Of America?
I have tryed to speak to both PDL companies and am not getting anywhere with them.
The payday lenders would not be able to keep trying to debit you
The payday lenders would not be able to keep trying to debit your account under different names. You can get the debits stopped, but I highly recommend that if you have the payday lenders stop automatically debit your account, you continue to make the payments unless they are not licensed in your state and you have repaid the principal.
I am in North Carolina , as I have read they are Illegal in Nort
I am in North Carolina , as I have read they are Illegal in North Carolina but does that apply just for the store type or Interenet as well?
It applies to both. Since payday lending is illegal in NC, find
It applies to both. Since payday lending is illegal in NC, find out how much you owe in principal, pay them off and get rid of them.
Quote:Originally Posted by GPNCI am in North Carolina , as I hav
Quote:
Originally Posted by GPNC I am in North Carolina , as I have read they are Illegal in North Carolina but does that apply just for the store type or Interenet as well? |
I doubt if there are any store front payday loans in your state since ALL payday loans are prohibited, most likely there may be credit service organizations though, they are different than payday lenders.
Your state laws are at the link below: http://www.paydayloaninfo
Your state laws are at the link below:
http://www.paydayloaninfo.org/stateinfo/NC.asp
CLICK HERE to find out how to deal with unlicensed lenders.
I just got back from speaking with Bank Of America, they said th
I just got back from speaking with Bank Of America, they said they can not do a Deposit only status on the account. The only thing she mentioned was to contact fraud and go through the claim process.
Best thing to do is to close your account and open a new one. Ge
Best thing to do is to close your account and open a new one. Get an ACH block.
Quote:Originally Posted by GPNCI just got back from speaking wit
Quote:
Originally Posted by GPNC I just got back from speaking with Bank Of America, they said they can not do a Deposit only status on the account. The only thing she mentioned was to contact fraud and go through the claim process. |
BOofA are a pain in the butt, did you speak to the branch manager, no one else will do, only the branch manager is able to put a hard debit block on your account, and YES, they CAN do it. Contact their corporate office, this bank sucks and I would not recommend them to ANYone, I have had my share of problems with them also, you REALLY should speak to the branch manager and explain your situation.