Lock Payment Notice For Free

Even if you have not revoked your authorization with the company, you can stop an automatic payment from being charged to your account by giving your bank a ?stop payment order.? This instructs your bank to stop allowing the company to take payments from your account.

Call the company and tell them you are taking away your permission for the company to take automatic payments out of your bank account. The company's customer service should be able to help you, and there might be an online form you can use. Then, follow up by writing a letter or an e-mail.

Debit Card Control is a FREE service which allows you to take control of your debit card transactions. Turn your card on or off, block certain types of transactions, block certain merchants, and even set spending limits.

Use this letter to give your bank or a credit union a ?stop payment order.? A stop payment order instructs your bank to stop making one or more automatic payments to a particular company. Be aware that many banks charge a fee for a stop payment order.

To stop payment, you need to notify your bank at least three business days before the transaction is scheduled to be made and your bank may charge a fee. The notice to stop the transaction may be made orally or in writing. A bank can require written confirmation of an oral stop payment request.

You have the right to stop a company from taking automatic payments from your account, even if you previously allowed them. For example, you might decide to cancel a membership or monthly service, or you might want to switch to a different payment method.

How can I stop this? Immediately notify the bank and identify by date and dollar amount the transactions that you did not authorize. The bank will review your claim and may ask you to complete an affidavit unauthorized use.