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 hannabe
Joined: 31 Dec 2007
Posts: 4
2.15 Dollars($)
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 Posted: Mon Dec 31, 2007 7:22 pm Post subject: payday loans |
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| how can a company that provides payday advanceloans,without warning or any contact information,take funds out of your checking account repeatedly,even when it gets to the point that they are withdrawing an amount of money that exceeds the actual loan. how can the banks let them get away with overdrawing your account for weeks at a time. |
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sara
Joined: 05 Jul 2006
Posts: 724
Location: New Brunswick, New Jersey
140.26 Dollars($)
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| Posted: Mon Dec 31, 2007 9:48 pm Post subject: RE: withdrawing funds from checking account |
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Hi Hannabe,
Welcome to the forums.
I really don't understand how these companies can take out funds even when it exceeds the actual loan amount. And, it's ridiculous how the banks are letting them get away with that. But have you spoken to the bank officials? What are they saying?
Let me know, then I can give you better suggestions in this regard.
Take Care |
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larry
Joined: 27 Jun 2007
Posts: 1534
169.33 Dollars($)
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| Posted: Tue Jan 01, 2008 1:33 pm Post subject: |
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Hi,
This is not only ridiculous but also disgusting that they are withdrawing fund without informing you about that. You should first talk to your bank to know how they allowed them to deducted money your checking account repeatedly without informing you.
You can even file a complaint against that payday loan company in the Attorney General's office.
Thanks,
Larry |
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scherzeroni
Joined: 05 Jan 2008
Posts: 51
18.77 Dollars($)
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| Posted: Sun Jan 06, 2008 3:16 am Post subject: |
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Have you paid back all of the fees attached to the original loan amounts? Do you have penalty amounts due? These things could play a part in this. Regardless, you should certainly contact the company on a local and corporate level as well as your banking institution.
_________________
Irene
www.real-mortgage-quotes.com |
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jbarto65
Joined: 04 Nov 2007
Posts: 92
10.21 Dollars($)
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| Posted: Mon Jan 21, 2008 2:02 pm Post subject: |
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hannabe,
May I suggest that you go to the debt forum and present this question, there are a lot of everyday people there that will be able to help you with this issue, they are very, very smart about the payday loans and will let you know what to do to get this monkey off your back.
goodluck with your situation, hope all turns out well for you.  |
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Guest
0.10 Dollars($)
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| Posted: Wed Jan 23, 2008 7:56 pm Post subject: |
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| Never allow a loan or credit card company access to your accounts. If they say you have to to get the loan, don't take the loan. |
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