We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Loan paid then not paid
Hi I had a loan with Likely Loans last year and on the 9th March I decided to pay the whole lot off using a master card. I checked with both the credit card company and Likely Loans that it would go through as a bill and not a cash advance which they both agreed it would go through as just like a debit cafd payment. They took my card details and the money from my card and sent me documents via email to say there are no further payments and account is cleared. A week passes and I check my credit card to find the payment is no longer pending and the money I paid Likely Loans has gone back on my credit card. So I contact Likely Loans to find why they never took my money and they told me they are having problems with their IT Department and master card payments and that its ttheir fault and once its fixed and sorted out they will call me to take the payment again. How do I stand with this now?
0
Comments
-
Hi I had a loan with Likely Loans last year and on the 9th March I decided to pay the whole lot off using a master card. I checked with both the credit card company and Likely Loans that it would go through as a bill and not a cash advance which they both agreed it would go through as just like a debit cafd payment. They took my card details and the money from my card and sent me documents via email to say there are no further payments and account is cleared. A week passes and I check my credit card to find the payment is no longer pending and the money I paid Likely Loans has gone back on my credit card. So I contact Likely Loans to find why they never took my money and they told me they are having problems with their IT Department and master card payments and that its ttheir fault and once its fixed and sorted out they will call me to take the payment again. How do I stand with this now?
Well you still owe the money if that's what your asking.
Why you using a credit card, why not a debit card ?0 -
I am aware that I still owe it but I need to pay it ASAP because of a disability I have. I could use a debit card but thought I would use my master card and pay it when I get the statement, its only £1,0000
-
I am aware that I still owe it but I need to pay it ASAP because of a disability I have. I could use a debit card but thought I would use my master card and pay it when I get the statement, its only £1,000
Then why ask where do you stand with it ?
Ring them tomorrow offering to make the payment.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards