Robert
Irvine,#2Consumer Comment
Sat, July 30, 2011
You want them to remove it on the first, but they don't take it out your payment until between the 4th-6th when you have no money in the account. They are taking the money out AFTER you want. So the only way you would have no money in the account is if you spent the money that was supposed to go to CAC on other items. This is NOT the fault of anybody but YOU.
My guess is that you do not use a written register and are relying on the the bank to tell you when you are out of money rather than keeping a register. Because of this you "think" you have more money in the account you spend that money. So when they process their payment the money that should have been allocated to them is gone. Do we really have to wonder why you are with a Sub-Prime lender?
The solution is real simple. Keep a written register. Where every transaction you make you write down. If you do this you would know that the car payment was gone(even though it hasn't been cashed), and not spend that money. This way it wouldn't matter if they waited 4 days or 4 weeks, that money is still there for them to withdraw.
Jim
Orlando,#3Consumer Comment
Sat, July 30, 2011
You have a bank account...you have internet service. Why don't you make the payment on line on the date you set up with them?