How do I cancel my Speedy Cash account?

Email to customerservice@speedycash.com and request to rescind the Agreement and request that the Loan proceeds funds are to be immediately and electronically withdrawn from your account by us.

Is Speedy Cash secure?

At Speedy Cash, the privacy and security of your personal and financial information is our top priority. Since our doors first opened in 1997, we have been continually innovating and implementing advanced technologies and techniques to ensure the safety and privacy of your information.

Does Speedy Cash affect your credit?

Speedy Cash will perform a credit check once you apply — which could negatively affect your credit scores by a few points.

Does Speedy Cash sue?

The Speedy Cash high interest rates class action lawsuit says that the company intentionally deceives consumers as to the terms of the loan by not allowing them adequate time to review the loan terms, and by making the terms of the loan so confusing that reasonable borrowers would not be able to understand them.

How does Speedy Cash verify income?

Speedy Cash collects personal and income information on your loan application. This includes income information to verify that you meet income requirements, birth date and valid ID to verify that you meet minimum age requirements, and contact information to see verify the maximum loan amount available in your state.

Can speedy cash garnish my wages?

A payday lender can only garnish your wages if it has a court order resulting from a lawsuit against you. If you don’t repay your loan, the payday lender or a debt collector generally can sue you to collect. Wage garnishment happens when your employer holds back a legally required portion of your wages for your debts.

Is Speedy Cash going out of business?

We’re happy to inform you that MOST Speedy Cash branches are still open for business, although many of our stores are experiencing MODIFIED HOURS. Please call your local Speedy Cash branch to confirm open times. Please inquire about this option during your visit to your local Speedy Cash.

Does Speedy Cash call your employer?

2 answers. Yes, speedy cash does a thorough backround. medicine testing, backround check, work experience and judgement based off interview.

Who owns Speedy Cash?

What happens if you dont payback a payday loan?

Speedy Cash was founded by Chad Faulkner, Doug Rippel and Mike McKnight. The three childhood friends from Wichita, KS created the company to meet the growing consumer need for convenient, easily-accessible financial and loan services in a safe, clean and professional environment.

What does Speedy Cash cost?

A payday loan default can lead to bank overdraft fees, collections calls, damage to your credit scores, a day in court and garnishment of your paycheck. If you can’t repay a payday loan, you could settle the debt for less than you owe or file for bankruptcy if your debts are overwhelming.

Does Speedy Cash do long term loans?

We charge a minimum fee of $2 for cashing your check, along with additional rates that are competitive for your area. Speedy Cash will determine the cost based on what other stores or lenders are charging in the area. Our competitive pricing will allow you to keep as much of your check as possible.

Can I close my bank account to stop payday loans?

A Speedy Cash installment loan could give you the cash you need to help you keep up with bills, pay your rent, make a card payment, etc. Our installment loans carry a longer term than a typical payday loan, but are not as long term as some installment loans (such as mortgages).

Can I go to jail for not paying a online loan?

Can I close my checking account to try to stop a payday lender from taking money from it? Yes, but the payday lender will probably take collection action quickly. The payday lender might send your loan to collections. Then there will be more fees and costs.

How can I get out of payday loans?

You cannot go to jail for not paying a loan. No creditor of consumer debt — including credit cards, medical debt, a payday loan, mortgage or student loans — can force you to be arrested, jailed or put in any kind of court-ordered community service. If you get sued for an unpaid debt, you’ll end up in civil court.

How do you stop an ACH withdrawal?

How do I stop automatic payments from my bank account?
  1. Call and write the company. Tell the company that you are taking away your permission for the company to take automatic payments out of your bank account.
  2. Call and write your bank or credit union.
  3. Give your bank a “stop payment order”
  4. Monitor your accounts.

How do I stop a company taking money from my bank account?

How Do You Stop an ACH Payment? If you’ve authorized ACH payments that you want to stop, you have a legal right to revoke your authorization. To do so, call or write the biller to request that they stop taking automatic payments. Let your bank or credit union know, too, by writing a letter.

How do I stop automatic withdrawals from my Chase bank account?

To withdraw consent, simply tell whoever issued your card (the bank, building society or credit card company) that you don’t want the payment to be made. You can tell the card issuer by phone, email or letter. Your card issuer has no right to insist that you ask the company taking the payment first.

What are the advantages of automatic withdrawal?

Choose “Pay & Transfer.” Choose “Automatic payments” under MY CHASE PAYMENTS (PENDING/PAST). Choose your Auto account from the drop-down menu under “See automatic payments.” Choose “Turn off” on the next screen and confirm that you want to turn off on the next screen.

What happens if you cancel a Direct Debit without the approval of the company?

A benefit of using automatic withdrawals to pay bills is never making a late payment. A possible consequence of using automatic withdrawal to pay bills is possible overdraft charges if you don’t have enough money in the account when the payment is made.