Do internet payday loan companies use SCAN and Telecheck?

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Have stopped payment on my ACH debit for Paydaycheck Today. Does any one know if Internet lenders submit to any of the check verification companies?




I don't think so...I defaulted on 6 internet loans last year, and I have no problems writing checks.

Sub: #1 posted on Sun, 11/26/2006 - 16:43

finsfan13 finsfan13
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If anything, internet pdls would use teletrack, which is a system they can look at to see if you have defaulted on previous pdls before they decide to give you one.

Sub: #2 posted on Sun, 11/26/2006 - 16:45

brownsugar brownsugar

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finsfan, are you still getting calls?

Sub: #3 posted on Sun, 11/26/2006 - 16:46

drowingindebt drowingindebt

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NOPE!!! I am payday loan debt free since March of last year.

Sub: #4 posted on Sun, 11/26/2006 - 16:47

finsfan13 finsfan13
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This is another one of their scare tactics though. They actually told me I wouldnt be able to have a checking account again. KYSIDE38

Sub: #5 posted on Sun, 11/26/2006 - 16:48

KYSIDE38 KYSIDE38

(Posts: 2479 | Credits: 398.51)

KYSIDE!!!! Careful, you wouldn't want to slanderously call them bullies or anything!! LOL!

Sub: #6 posted on Sun, 11/26/2006 - 16:49

finsfan13 finsfan13
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Any information I can get is appreciated. I have several local payday loans and write checks alot. I am worried that I will go to redo a loan and be told sorry cause it was sent to one of the check companies. Is there a recourse or rebuttal if they do?

Sub: #7 posted on Sun, 11/26/2006 - 16:50

ginurse ginurse

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I can pleadv my first amendment rights and get my bleeding heart officials to enforce it. KYSIDE38

Sub: #8 posted on Sun, 11/26/2006 - 16:51

KYSIDE38 KYSIDE38

(Posts: 2479 | Credits: 398.51)

LMAO!!! I'll be a character witness for you!

Sub: #9 posted on Sun, 11/26/2006 - 16:52

finsfan13 finsfan13
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I think the only way you would have a problem writing checks would be if the account was sent to chexsystems(which legit banks use) or telecheck which recognizes bad accounts. I believe it is a scare tactic with them telling you that you are reported to teletrack. The only thing I can think of what teletrack would do would be stopping you from getting another pdl.

Sub: #10 posted on Sun, 11/26/2006 - 16:53

brownsugar brownsugar

(Posts: 1389 | Credits: 149.34)

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