Cottonwood Financial Ltd. Payday Loan Complaint

Cottonwood Financial Ltd. Payday loan department,

Payday loan Can't stop charges to bank account Can't stop charges to bank account Texas

- - - in - - was charged several times in 2009 even after I advised them I was going to be closing the bank acct. I had made several payments and no matter what, the finance charges kept increasing and would turn out that I paid a total of $1200.00 on a $400.00 loan before closing the acct. I had to pay several fees and over draft fees and had to close the bank acct due to The Cash Store. Years went by with no contact then randomly a collections office out of - contacted me threating to sue me and when I got smart back with the young man ( knowing my rights ) he admitted over my recorded work line that this debt wont be reported and I wont be subpoenaed to court. In 6 years this was the first contact I 've had with the Cash Store since speaking with the local branch manager. I learned my lesson but feel that The Cash Store should absolve the debt now. The current balance the collections office called asking for was $2100.00. 5x more then the borrowed amount. This is just insane