How do I repay an account that was closed with a negative balance?
While we are working on a more efficient solution, the only way to pay the balance at this time is to mail a check to our office. Follow these steps:
- Make the check payable to: Azlo, Inc.
- Write out the check for the amount owed
- On the memo line of your check, write: "The name of your business/recovery payment"
- Send to the following address:
PO Box 14908
Portland, OR 97293
What kind of payments do you accept for repaying a closed account?
We can accept a personal check, Cashier's or Treasurer's Check, or a money order to repay the owed balance, so long as it's filled out following the previous instructions.
Does this negatively impact me?
If your account was closed with a negative balance, it is included in your banking history and it may prevent you from opening a bank account elsewhere. If you repay the balance owed, we update this in your banking history, and in many cases you can even reapply for an Azlo account.