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credit cards transfering money from bank acc
hireman999
Posts: 2 Newbie
Is it lawfull for companys like barclay card to jus transfer money from my barclay account,to pay of arrears on my card,i have not given permission,or signed a d/debit ?
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Comments
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Yes they can. It says in the t and c that they can use funds from one account to offset debt from another0
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hireman999 wrote: »Is it lawfull for companys like barclay card to jus transfer money from my barclay account,to pay of arrears on my card,i have not given permission,or signed a d/debit ?
You gave permission when you accepted the T+Cs of the card and of the current account.0 -
hireman999 wrote: »Is it lawfull for companys like barclay card to jus transfer money from my barclay account,to pay of arrears on my card,i have not given permission,or signed a d/debit ?
Yes, it's lawful for a bank to offset funds from one account to clear debts in another.
It usually only occurs as a last resort when the debtor ignores repeated requests to pay/fails to keep to agreements which have been placed.0 -
Covered in Martin's e-mail only this weekEthical moneysaver0
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