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i made loans off the internet i paid them back but they still take money out of my account,so i change my account to a new one but they still have my social number and driver license number are they still going to be able to take money out of my account.

2007-01-31 09:42:40 · 1 answers · asked by anthony f 1 in Education & Reference Financial Aid

1 answers

they should not be able to continue to withdraw funds out of your new account since they do not have that account number. I work for a credit union and what we normally do when this situation arises, is suggest to the member to open a new account and close the other. The company is only authorized to take funds out of a specific account which is the account that you authorized. You should also contact the company and make sure you receive in writing that the loan has been paid in full and if possible make sure that they know that you do not want them to debit your account .Most importantly keep note of the person you spoke with. date, time, employee number, confirmation number, etc. something that shows proof that you have made contact with them and requested that they discontinue the debit.

2007-01-31 09:56:05 · answer #1 · answered by mstee 2 · 0 0

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