Is anyone aware of payday loan co. giving your bank info to third parties claiming you authorized debits?


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I applied at a payday loan co. and 3 times I ended up with debits from my account. Twice was for $19 for applying but the kicker is when $49.99 was taken from my account for a secret cash card? I found out where it came from and they claim I checked yes to one of the boxes on a payday loan appl. authorizing this...


Answer (3):

hunniebuggs

UHH?? I'VE USED SEVERAL OF THE RIPE OFF PAYDAY LOANS, BUT NEVER ENCOUNTERED SOMETHING LIKE THIS... YOU REALLY NEED TO CLOSE THAT ACCOUT AND OPEN A NEW ONE. IF NOT, EVERY TOM, DICK AND HARRY MAYBE GETTIN EM SUM FREE MONIES..... THEN PUT STOP PYMT. ON THAT CHECK AND MAKE PYMTS TO THAT LOAN COMPANY TO GET THEM PAID OFF...

Guerrilla M

You never know what to expect from the ursherers who run these pay-day loan crap-holes. They prey on the poorest people and those who cannot manage their finances. On top of their ridiculous interest rates, it isn't surprizing that they would sell you information to telemarketers, and add additional fees having nothing to do with your loan. Stay away from these people.

uigstizz

That was probably on the app that you filled out. i guess they can "technically" do that. still a very shady practice.
i know in Colorado, it is illegal for them to charge up front and laws are very strict. If they need to contact you, they cant even leave a message regarding your business with them.
Those things are a scam. they usually charge 500% interest, definitely stay away from them as much as you can.