Can a payday loan company use my credit card info from a one-time online payment?
payday loan 8 Comments »I have a payday Loan past due. However, the bank account the payments withdraw from, I no longer use and is therefore empty (and negative from nsf payments due to the loan) If I make a partial payment online, can they use they info to deduct the rest whenever they want? I don’t want them to do that.
Make some arrangements or not only will your credit be ruined and they sue you but if you leave that account in the negative they will close your account, turn you in to chexsystems and you will not get a bank account elsewhere.
Yes they can use your info,. you owe them money and provide a financial institution. Legal? Read their fine print regarding the issue because I am sure they have people do this to them all the time to get out of paying their debts.
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