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Question
i had signed up for automatic payments but then my financial situation changed.
I have asked discover to take me off automatic pay and they say they can't. Is
that true?
Aretha,
I have heard about companies refusing to remove a customer from automatic payments for years. My only solutions are:
1) Send a certified mail to the company no longer giving them permission to remove money from that specific bank account and then notifying the bank. (may not work fast or well)
OR
2) Getting another bank account and transferring all your money to the new bank account. Leave nothing in the old bank account for them to get. Discover may try to charge you returned payment fees and your bank could try to charge NSF fees too.
Chris
http://www.henleycreditlaw.com
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Collections Law
Answers by Expert:
Chris Ebert
Expertise
I can answer questions for Texas and California residents concerning issues that involve creditor and debtor rights. Specifically, I can answer questions concerning: FDCPA, FACTA, FCRA, and Texas / California state collections violations.
Experience
For the last 6 years I have worked as a Sr. Paralegal in a law firm (http://www.henleycreditlaw.com) that defends debtors against their creditors. I have reviewed thousands of credit reports and under the supervision of our attorney helped hundreds of client resolve their credit issues.
Organizations
Henley & Henley, PC
Education/Credentials
BBA University of Texas at Austin
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