Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do this. But my bank refuses to "stop payment" on these tranfers even though its my money and it has no obligation to X. What's the law on this?

Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do this. But my bank refuses to "stop payment" on these tranfers even though its my money and it has no obligation to X. What's the law on this?
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1 Answer

Answer :

answer:Hmm, I suppose you’re from USA. Don’t know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed… eventually. But I assume there’s a more diplomatic way available… it just takes more time. Nevertheless, I’m sure your bank cannot tell you what you can’t do with you money. I’d threaten them I’m gonna change the bank or smthng.
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