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Posted: Thu May 08, 2008 12:10 pm Subject:

I'm in NC and PDL's are prohibited. I would think that it would be important for the ACH processor to be familiar with and follow the rules for each individual state. Most companies have very strict "know your customer" rules when doing business in the financial world and as they are conducting financial business I would assume that the know the company they are doing business with is a PDL and which states they can and can not process ACH credits and debits for.

Posted: Thu May 08, 2008 12:28 pm Subject:

Okay well I called ACH they are going to call me back. I called Intercept and they said they could not help me. THat the help had to help me or the PDL. I told them that I've already done everythng she told me. She just said sorry call the PDL and tell them you want to work something out. Now what?

Posted: Thu May 08, 2008 12:31 pm Subject:

Ameriloan and ONe Click Cash is through INtercept EFT.

About the bank well the branch manager said had put a restriction on the account.

Posted: Thu May 08, 2008 12:37 pm Subject: ThinkCash

I have a ThinkCash loan and they have always been very willing to help me out when i need to change a due date. Log into your account and send them an email or call them. It can't hurt to try.

Posted: Thu May 08, 2008 12:46 pm Subject:

I just called the bank and the lady said the reason nothing could done yesterday was because I had a direct deposit and it takes 24 hrs for it to clear. She said that yesterday they should have canceled the overdraft protection and that would have stop them from debting the account. The only thing I could now is wait for the dispute to go through.

Posted: Thu May 08, 2008 12:52 pm Subject:

maria_flores07:

Posted: Thu May 08, 2008 12:54 pm Subject:

Once you have called the processor you have to let the PDL know that you have done that. They could have billions of transfers on one day and it is all sent together to the individual organization, not done on a one to one basis. It's all about money and I am not sure if the processor worries about that UNTIL the complaints start coming in. They are just moving money from one place to another. If the PDLs are moving money from an otherwise "revoked" account, than that is a different story. They are doing things with peoples money that they shouldn't be doing but they don't know that. They don't have a clue that a revocation has been issued. That is why they need to be told. Eventually, and hopefully, the processor will not want to be a part of an illegal transaction. As for the PDLs themselves, I would assume that they don't want the processor to know as it could jeopardize their ability to do business. If you don't call and let them know, it's a moot point. I went to Intercepts website, got to a point where I could make a suggestion (or in my case, a complaint) I copied it before I sent it, and then sent that email over to the PDL. I also copied in my C and D letter for good measure to make sure the processor knew that it was an illegal company. All I know is that after I did that, my PIF came within 30 hours. It's going to take some legwork but it will be worth it. If just a few of us complain to the processor it may be looked at as "sour grapes". If all of us do the same thing, it gives more clout to the problem.

Posted: Thu May 08, 2008 1:37 pm Subject:

I'm lost and I can't think anymore. I feel like quitting.

Posted: Thu May 08, 2008 1:44 pm Subject:

Maria, I know this is overwhelming and sometimes you feel like every time you turn around you hit a wall, no one will help you and you are doing your best to understand everything we throw at you. If you need to take a breather, take a day off...but do not give up. This is what the pdls do, they wear you down until you can not take any more and you just pay them to get it overwith. Please do not give into them or that. I wanted to quit so many times, but if you do, the cycle never ends and you never have control of your money. I know this is difficult becuase your bank is not helping you. LLW has given you another avenue to explore. The whole concept can be really cofusing. Ask questions, or do like I do and ask for someone to post in simple terms. It is ok to ask questions, even if you have to ask the same one 100 times until you can understand it. We have ALL been in your shoes and know the emotional rollercoaster you are on. We have all ridden it...but I promise, there is a light at the end of the tunnel for you. I had 9 pdls when I started so it can be done. It may not be easy and can be very time and energy consuming, but you can do this. You have taken the most difficult step and that was posting your first post and taking this on. Please do not give up now. We will all be here for you, for whatever and whenever you need, even if you just need to vent. Hang in there.

Posted: Thu May 08, 2008 1:56 pm Subject:

What i need is a step by step guide. Right now I feel like I'm 2 yrs old. I have no help from bank, no help from ach processors.

Posted: Thu May 08, 2008 1:58 pm Subject:

Thanks for your support.

Posted: Thu May 08, 2008 3:10 pm Subject:

Maria. . .I know that things seem bleak. We have all been there. Please don't quit. Things will be okay. If you want I can go over the processor situation step by step. If you want me to send it in a pm I will if that would makes things easier for you. I know that sometimes when you have several different things coming at you at once it seems overwhelming. You can do this. I had 5 PDLs in February. . .I now have none. Hang tight. I have a Planning Board and Zoning Board meeting tonight but I will check the board as soon as I get home. Keep smiling.

Posted: Thu May 08, 2008 3:56 pm Subject:

llw1995 do you have the website for intercept? You had mentioned you got on it and sent in an email.

Posted: Thu May 08, 2008 4:03 pm Subject:

I suggestion is to go to a different branch at your bank to see you can get a hard hold on your account. I went to my bank a week ago today and spoke to the right person with my letter in hand revoking all ACH Transactions from my account. My old account was in the negative but the bank was will to put a "freeze" on the account until I got pay to take care of the overdrafts. Are these loans storefronts or internet loans. If they are internet loans you may want to report the to the AG,BBB,FTC as soon as possible.

Posted: Thu May 08, 2008 5:21 pm Subject:

Go to intercepteft.com. Go to the contact us. Fill in all the required fields. I just put NA in the ones that did not apply to me. I told them exactly what was going on and attached a copy of my C and D letter to let them know that the PDL was illegal. Just make sure you copy it before you send it so you can send it to the PDL when you inform them that you have contacted their processor. You have to let the PDL know that you have been in touch with the processor. That is the only way of getting the leverage you need.