Consumer Rights Notice – Sample

 under § 1041.9(c)

S&P Loan Co.


John Doe

Somewhere Street

Somewhere, MN 55555

Notice: S&P Loan Co. is no longer permitted to withdraw loan payments from your account.


Our last two attempts to withdraw payment on your loan #35432 from your account ending in 0022 were returned because your account did not contain enough funds to cover the payment. To protect your account, federal law prohibits us from trying to withdraw payment again without your permission.

We may contact you to talk about your payment choices going forward.

Previous payment attempts

                                                                                                                     Fees Charged By

Payment Due Date     Date of attempt      AmountS&P Loan Co.


November 9, 2021                November   9, 2021             $323.00           $30 returned payment fee

November 9, 2021                November 11, 2021             $323.00           $30 returned payment fee

The Consumer Financial Protection Bureau (CFPB) created this notice to inform you of your rights under federal law. The CFPB is a federal government agency built to protect consumers. To learn more about your rights as a borrower, visit