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Ameriloan will not take my prepaid debit for the payment I owe them.

Date: Fri, 10/12/2018 - 10:06

Submitted by Lewis547
on Fri, 10/12/2018 - 10:06

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Total Replies: 3

Ameriloan will not take my prepaid debit for the payment I owe them.


Ameriloan will not take my prepaid debit for the payment I owe them. I know they are illegal in Wa State and the guy on the phone says he will not take a payment unless it is in full. I only borrowed $550 and I know I have to pay all the principal but I have closed my previous account and am no way giving them the info ever again. So how do I make a payment with them?? He said I was illegal because I signed the document. I just want to pay the principal and send them the revoke. They are on the wa state dfi list for illegal lenders. Help??


Revoke your ACH, and don't pay a single dollar extra as interest, pay only the principal amount.
Don't worry, they don't have the rights to sue you legally.


lrhall41

Submitted by tiarajoseph11 on Mon, 10/15/2018 - 00:45

( Posts: 473 | Credits: )


Take the following steps to deal with the payday loan lenders:

Revoke the ACH authorization first. Don't wait for their permission.
Send them a letter to inform that you will only pay the principal amount. Nothing else. It's up to them if they want to accept your payments.
If you really want to make a payment, pay with your prepaid debit card. That's it.
You're not illegal, The lender is illegal.


lrhall41

Submitted by David Martin on Sat, 10/13/2018 - 03:42

( Posts: 394 | Credits: 3933 )