Do this at least one day before repayment is due and make sure you tell your lender youve done so. Write down the date and time that you instructed your bank to cancel the recurring payment. If after this date money goes from your account to the lender, complain to your bank. The bank must give you a refund by law. Its a good idea to follow up your phone payday advance chattanooga tennessee with a letter to your bank. Make sure that you tell the payday lender as soon as possible that youve cancelled the recurring payment because of difficulties paying back the money.
You will still owe the debt and the lender can go on charging interest and fees so its essential you get free debt advice to help you deal with the problem.
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