Keep trying to ACH the money from bank account

Submitted by Anonymous (not verified) on Tue, 08/13/2013 - 03:44
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I live in MO and from what I can find, Kenwood Services is not a legal lender in MO. I borrowed $300 and have paid them $280.00. I sent in the letters stating that they are illegal in MO and that all I was responsible for was the principal. I also sent in the letters to Revoke ACH and Voluntary Wage Assignment. I told them I would pay the $20.00 if they gave me the address to where to send it. They did keep trying to ACH the money from my bank account but I closed it.So, now I got a letter from NCA saying that they purchased the Kenwood Account and that I owe $590.00.How do I approach this? Kenwood Services is not legal in my state.

Welcome to the forums!!!
You are liable to pay them only the principal balance, nothing more than that. If they don’t give you the address, then don’t make any payments. You have done the right thing by closing down your bank account. Don’t worry mate...illegal lenders can’t do anything.

Tue, 08/13/2013 - 05:28 Permalink