Sentence examples for to automatically withdraw from inspiring English sources
They allow the lenders to automatically withdraw monthly loan payments from borrowers' checking accounts through an electronic transfer system known as A.C.H., or Automated Clearing House.
The banks, state officials say, enable the lenders to automatically withdraw loan payments from borrowers' checking accounts, even in states where the loans are effectively outlawed.
The banks allow the lenders to automatically withdraw payments from borrowers' bank accounts, even in states like New York where the loans are illegal.
Worse still, as the Times's Jessica Silver-Greenberg reported recently, banks in the state are profiting from the loans by allowing the Internet lenders to automatically withdraw payments from the borrower's account, in some cases without his or her permission.
Earlier this month Betterment rolled out a new product for retirees that connects with their existing accounts to automatically withdraw a set amount of money within their monthly spending limits.
She has authorized Sallie Mae to automatically withdraw the monthly payment amount from her checking account.
You could allot a certain amount to be automatically withdrawn from your paycheck each month and deposited into a separate savings account to improve your and your spouse's finances.
Do not forget to log automatically withdrawn bill payments as well as any bills that arrive electronically through paperless statements.
Borrowers previously had to give the lenders direct access to their bank accounts and have payments automatically withdraw from their checking account.
A handful of banks offer the loans tied to checking accounts, with the understanding that the lender can automatically withdraw the loan amount, plus the origination fee, when it is due.
Jamie Dimon, the chief executive of JPMorgan Chase, vowed on Tuesday to change how the bank deals with Internet-based payday lenders that automatically withdraw payments from borrowers' checking accounts.
