Golden Krust

Excuse my ignorance. I've seen threads where people discuss updating their address. What's the reasoning behind doing so and how would that help someone on their credit repair journey? TIA for answering. What's step one? What's step two? How many steps are there?

How does validation work if your debt is being collected by a law firm?

Thanks so much for this post. I will speak with a branch manager.

Thank you! I've sent emails to the payday loan company telling them that I am no longer authorizing access to my account. If they try it again I will definitely show the emails to my bank.

Thank you for this info!

Good advice!!!

Is that really a wild guess or did you search my post history? haha. That's exactly what it is. Pure wild guess. I had the same thing happen to me in 2007. Had a payday loan and they tried to take it out on friday but I had no money so it went negative. They then tried to get it 3 times a day for the next week. My account went negative $2044 and is on my credit report now and I can not get a bank account. Luckily when it hit -2K dollar bank closed the account. oh also, these people are relentless. They will call everyone you know, you have known, and that you will know in the future. If they amount is not too large you might want to just get this thing paid now before they haunt you like they haunt me. I deal with a new caller at least every other week and I am 6 years from it happening. Who did you bank with? I am going to call them and see if there is a limit. If they were to freeze the account and disallow any non-deposits, it would be much easier. I have no problem paying what I owe.

I did that. I tried to initiate this when I had a money in the account, bu they told me I couldn't do it because I made a debit card uchase that morning. You need to stop using the account and get a positive balance in there before closing. Why are you still using it if you need to close it? I'm not using the account. Payments are being automatically withdrawn. ETA: I see what you mean. I wasn't aware of what I needed to do in oder to clsoe it, outside of the account not being negative. If hat was they case I would not have made a puchase that morning.

I have another checking account, but in the mean time, this fees on this one are adding up. How can I get them to freeze my acount or put it on hold? so that I have a chacne to pay it off?

You need to (1) rescind any automatic payment authorizations that are out there, and (2) stop writing checks. You haven't said why this is happening, so it's hard to suggest anything to help. How do I rescind automatic payments? I haven't been writng checks. These are automatic deductions that are taking place.

Is that really a wild guess or did you search my post history? haha. That's exactly what it is.

I did that. I tried to initiate this when I had a money in the account, bu they told me I couldn't do it because I made a debit card uchase that morning.

PNC.

Do collectors on private loans allow to settle? Has anyone settled before? Wouldn't that require one large sum payment?

My bank won't let me close or freeze my account. In the mean time it's being continuously overdrawn and I'm being charged multiple fees. What can I do?