They Have Access

Shelly gave a collector electronic access to her checking account. What are her options for stopping her money from being taken out now? Dave has two ideas.

QUESTION: Shelly in Iowa gave a collector electronic access to her checking account. What are her options for stopping her money from being taken out now? Dave has two ideas.

ANSWER: Your first choice is to open another account and do all your banking there, leaving only enough money in the first account to honor the agreement you made with them, or just close the account. Those are your two options. You cannot leave money in this account now that you’ve given this credit card company access to it, because they lie and they will clean you out.

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