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Virginia lender debits account after I asked them not to

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I applied online for a payday loan. I called and asked them to wait another week before ach debit. They said no and now my account is overdraw. I get another one from Sigma Solutions, i get paid every other friday. They took the ach debit within 5 days of loan.
Now im researching this and i am not sure online lenders are legal in Virginia and if they are a person paid bi weekly should have 28 days to pay back?
Is it illegal for me to tell my bank these are fraudu:confused:lent charges




They are an illegal lender... you owe principal only. Count the overdraft fees as part of your payment!!!

Sub: #1 posted on Sat, 10/13/2012 - 21:42

waffles waffles
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You should have done an ach revocation...asking them to hold a payment is not a revocation, so technically it was not fraudulent. However the lender is illegal...follow the link in my signature line for information on how to deal with them.

Sub: #2 posted on Sat, 10/13/2012 - 21:43

SOAPLADY SOAPLADY
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(Posts: 17272 | Credits: )

I appreciate your help and the links are useful in getting started disputing this.
I saw that cso's andthe pdl's are different. How would I know if aSigma Solutions, CK marketing or easypaydayloans.com are Pdl or cso's?
Is it possible that the bank will show they are fraud payments, return the money and fees if they are illegal and they verbally told me all i had to do was call or email if i needed to make arrangements, which i did. They still took it. So i could make arrangements to pay them the principal back a little at a time? Also i gave them my correct employer info will they start calling mt job?

Sub: #3 posted on Sun, 10/14/2012 - 03:28

Unregistered


Verbal dont count..no proof, your word vs theirs. They are all illegal loans. If you have a big national bank, they will not accept your claim of them being fraudulent...they can see the deposit and the payments. However you can stop them from going forward. Follow the link in my signature line for information on dealing with illegal lenders.

Sub: #4 posted on Sun, 10/14/2012 - 05:03

SOAPLADY SOAPLADY
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(Posts: 17272 | Credits: )

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