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I have 7 illegal payday loans. I have closed my bank account last Friday and opened a new one. My lenders are still trying to withdraw money from my account, but now they won't be able to so. Do I need to revoke wage assignments or wait till they try and do it first? Actually, I don't want them call at my workplace. I want to work with them to pay the principal only. Would they work with me?

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Chances are less that they'll work with you as if they do so, that would be admitting that they are illegal. Email them ACH and wage assignment revocation letters and ask to communicate with you only by email/mail. Though it's likely that they won't consider your appeal.

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Last Updated on: Fri, 8 Jun 2018