Automated payments debited from your checking account or
against your credit card can prove to be quite convenient.
Automatic debits can be payments for loans, life insurance
premiums, cable bills, Internet service and many other transactions.
Sometimes you want these transactions stopped.
If you decide to open a new checking account the automatic
debits should be discontinued from the old bank account.
The company responsible for the debits will need adequate
notification to keep the debits from going through another month.
Review your bank account statement or credit card statement to see which
automatic debits are going through.
You could have several automatic debit transactions
deduction money from your bank account. Decide which ones you want to stop or
Locate the contact information for that particular merchant.
Call the merchant responsible for the automatic debit.
The toll-free customer service phone number should be on the
Let the representative know you want the automatic debits
The representative will stop the automatic debits per your
Some companies need four or five days prior to the automatic
Without adequate notice the automatic debit may occur one
The following month you should not see the charge.
Send a letter to the merchant.
Sometimes it may be difficult to reach a merchant by phone;
if this is the case, the website Credit Info Center recommends sending the
merchant a certified letter with a return receipt.
It will take a little longer to get your charges stopped by
Take a look at your bank statement.
Make sure the automatic debits have been cancelled.
If the charges continue, follow up with the merchant.
Ask for a confirmation letter confirming the automatic
debits have been cancelled.