Debt Consolidation Forums Payday Loan help forums

Question about Licensed Online PDLs

member profile picture
Posts: 9
Credits: 371.05

I’m in Ohio and some of the PDLs are licensed here. What is the best way to handle them? If I put a hard ACH block on my bank account to stop the illegal ones then the licensed ones will get blocked as well. Do I contact them and setup payment arrangements? Will they even be willing to do that? I am going to have to do something soon and I am just trying to sort out my options on what I can do and what to expect..

If you put a block on your account, then yes, that will prevent debits from coming out.

I would contact the licensed ones and set up arrangements. Get their address and mail in payments to them.

Sub: #1 posted on Thu, 07/17/2008 - 00:19

desperatelyseekingsanity desperatelyseekingsanity

(Posts: 1129 | Credits: 58.41)

I am not sure, but I believe that a hard debit block will also prevent you from taking out money using your atm card. You will have to go into the branch
Is there a reason that you can not close your account and open a new account. I think that is what most people have done.

Sub: #2 posted on Thu, 07/17/2008 - 00:23

jenoliver33 jenoliver33

(Posts: 56 | Credits: 4.35)

Please read throught this thread before closing your account. ount.html

Jenoliver33, you are correct.. a hard block will also prevent you from getting your own money. If you decide to close your account or place a hard block on it, I suggest you take your money out first.

Sub: #3 posted on Thu, 07/17/2008 - 00:32

PinkLady PinkLady
(Posts: 1722 | Credits: 277.47)

More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.

Share post

Page loaded in 1.427 seconds.