Can you put a stop on checks to payday loan checks? I am really frustrated with these things please

You can put a stop payment on any check that hasn't cleared your bank yet.

However if you legitimately owed money to the company you wrote the check, they can turn around and sue you for the amount of the check plus up to 3x the amount of the check for damages (that's the law in California; other states probably have similar laws), so you might want to think twice before putting a stop payment on a check.

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

MJ is wrong. ALL creditors are subject to the Fair Debt Collection Practices Act. If it only applied to collection agencies, there would be no collections agencies. Report It

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

YES FOR ABOUT TWENTY DOLLARS THE BANK WILL STOP THE CHECK BUT THOSE LOAN SHARKS WILL GIVE YOU A FIT. MOST OF THEM BELONG TO THE MAFFIA AND THEY WILL GET YOU. WHY DO PEOPLE MESS WITH A BUNCH OF MOBSTERS IN THE FIRST PLACE. THEY CHARGE YOU 780% INTERST .

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

I don't think I'd put a stop payment on a payday loan check. roy40372 is right, they might just come to get ya. At the worst you really might get sued for more than you owed. good luck

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

If you do, they will send your account to a collection company, which will damage your credit. If the amount is large enough, they will sue you. I see this regularly on credit reports, of which I see a couple dozen a week.

Do yourself a favor: Live up to the agreement you made, and never use those companies again. Just having them on your credit reports harms your scores a bit.

visit www.LearnAboutCredit.com

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

Yea put stop on your check if you do that they will garish your wages so think twice before you do it why do you not want to pay them off

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

In addition to the previous answers, most payday loan shops collect their own debts, therefore they are NOT limited to the FDCPA practices (fair debt collections). They can hound you at work, after hours, etc. Also, did you pay a fee in advance to borrow the money? If so, then the check was exchanged for cash and technically not a debt; therefore they can turn you over to the DA/County atty for prosecution of a hot check, depending upon the circumstances. As one person said above; pay them back and DON'T USE THEM AGAIN!

Can you put a stop on checks to payday loan checks? I am really frustrated with these things please help!?

Hi

Frustrating isn't it. I have been in a similar spin and you just keep wasting money. It was suggested to me by a friend who worked in a bank to consider a debt consolidation loan. (that, I thought was the last thing I needed to do) but in the end that's what I did. It's important to stick with the reputable lenders though. I found one at a site called loans-only. I consolidated all my debts (I had 5) with a low interest rate and I was allowed to pay it off quickly without any penalties. Before that I was stressed out. I learned to borrow only when I have to from that pickle.

Roy