Comments on: MetaBank Collecting on Outstanding I-Advance Debts

By: Ed DesRoches

Ed DesRoches — Wed, 16 Feb 2011 16:10:14 +0000

Ok, look, Metabank is not "garnishing". The are taking the money back from the acct from where the loan was paid into. A true "garnish" is handled at the employer-level, not the direct deposit acct. As soon as funds are released to the Metabank acct, it's fair game immediately. Unless you can view a deduction on the payor's statement taken by Metabank, there is no attachment or garnishment.

By: Steve

Steve — Tue, 08 Feb 2011 18:10:00 +0000

I agree with you both. The OTS stopped the advances and left you high and dry, otherwise, you would have taken another loan out. be mad at them not metabank, they were helping me build credit.

By: Blah

Blah — Tue, 04 Jan 2011 02:18:35 +0000

I agree with Gravy. If you can’t pay back the loan amount at the next direct deposit, then don’t borrow the money! I used iAdvance 1 maybe 2 times a year. If I found a great deal on something I wanted, but didn’t want to wait another 2 weeks until payday and miss out on the deal. I would borrow $200 (or so) and simply cut $25 out of my 2 week budget to make up for the interest rate. For all the people that are trying to get their money back from your Social Security, give me a break. You borrowed money, and they took the amount back. Stop trying looking for a handout!

By: gravy

gravy — Sun, 28 Nov 2010 19:45:35 +0000

dont understand all the crying. i used the service and it was great. i borrowed money and repaid in full every time. will admit customer service wasn’t the greatest but hey the overall service was the best, if i need money it was there. i hate the fact they had to pull this cause of all the cry baby’s on here borrowing money and not being able to pay it back , and you blame this financial institution of your faults. so sad

By: blackdia

blackdia — Sat, 27 Nov 2010 15:50:03 +0000

That means that you did not save for " That something went wrong" situation. My guess is that you probably would have had the same something went wrong problem next time you had to payback. You relied on the program to much. It hurt my pocket as well, but I never borrowed more than I can payback the next week. It affected a lot of people but if you paid it back then that is the first step to building your credit so that you can one day open a real line of credit.

By: latoya mcherrin

latoya mcherrin — Sat, 27 Nov 2010 04:49:33 +0000

Ok people stop whining, u should never borrow money if u can’t at some point pay it back. Meta bank should’ve notified us, but we are all adulta and it was in the terms and service, when the money was to be debited

By: lawrence

lawrence — Sun, 07 Nov 2010 17:45:43 +0000

it stated in the contract when you got your next deposit they would take it from your next deposit. it is not against the law what they are doing it stated it in the contract you signed online and majority of you that are crying need to grow up and be adults

By: lawrence

lawrence — Sun, 07 Nov 2010 17:39:24 +0000

i agree 100% happened to me to but i borrowed it and it was not free money. everybody knew when they signed up they had to pay it back all at once so agree everyone needs to stop crying and pay back what was borrowed.