Asked to repay & was told they only take it out of a che

Submitted by Anonymous (not verified) on Tue, 01/21/2014 - 07:50
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Credit repair

I have a payday loan with AIP. I just discovered they aren't licensed in Indiana. They have been taking 89 out of my account for about 4 months on 200.00 What can I do? I closed my bank account & opened a new one. I called and asked to repay & was told they only take it out of a checking. What can I do?

Anonymous. (not verified)

Since they are illegal, so you owe them nothing more than the principal balance. As you have already overpaid them, so ask them for the refund. You have done the right thing by closing down your old bank account and open a new one. If required, file a complaint against them to the SAG or FTC.

Tue, 01/21/2014 - 11:38 Permalink