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does anyone know who or

Date: Sun, 05/20/2007 - 12:11

Submitted by lostlady468inpa
on Sun, 05/20/2007 - 12:11

Posts: 45 Credits: [Donate]

Total Replies: 5


does anyone know who or what USD ACH DR is or stands for I am looking over my checking account and I see there withdrawing money out of my account in the sum of $630.00 so far I have no clue who or what they r....Thanks Tina


Sounds like a $300 payday loan got rolled over seven times. Internet lenders typically charge 30% in fees every payday. If it is a PDL, go back 3-4 months in your bank statements and see who deposited $300 into your account. Usually they deposit under one name and debit under another, so that might help you figure out who it is.


lrhall41

Submitted by FreakyFriday on Sun, 05/20/2007 - 16:55

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The breakdown of the codes are as follows:

USD = US Dollars
ACH = Automated Clearing House
DR = Depository Record

In other words, it is a check you have written that has been processed electronically through a clearing house. Your bank should be able to give you info about where it originated. Sometimes a telephone number will appear after the letters - it may be missing the hyphens, just a string of numbers, but look closely and it's ten digits - call it and you should get answers.


lrhall41

Submitted by Here to Help on Sun, 05/20/2007 - 18:19

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