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NCO and bank info?

Printed From: CanadaStudentDebt.ca
Category: Dealing with the Banks!
Forum Name: CiBC and Edulinx Horror Stories
Forum Description: Problems with CIBC and Edulinx!
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2500
Printed Date: 27/March/2026 at 2:17am
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Topic: NCO and bank info?
Posted By: dams
Subject: NCO and bank info?
Date Posted: 06/April/2005 at 2:33pm

Has any one had any dealings with giving infomation about thier personal bank account or authorizing direct payments over the phone?

 I had a collector ask for bank info and an authorization for withdrawls - I guess I am concerned if they get that info if they can and will abuse it like take out more maney the specified or probe account info. If they recieved post dated checks - would that not be the same info?

I currently make payments via internet but the want a 'secure' payment - whatever that means when I consistently pay every month even though it is not the amount they are after.

Any thoughts on this matter would be apprciated

regards

dam




Replies:
Posted By: kwelmm
Date Posted: 06/April/2005 at 2:50pm

dams,

Use the payment method you feel the best about.  Continue as you are with how you are making those payments.  I use money orders as I feel that is the best for me.

It sounds to me like another attempt to control the situation on their part....I could be wrong though....




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