Asking for Bank or Credit Card Details

Foxysinger

Recently, whilst trying to source a loan, “Yes Loans” asked for my banking/card details as part of a credit check. I refused to give them these details and ended the call. Whilst my son was speaking to a prospective debt management agency, they too asked for his bank/card details and I told him not to provide such information, particularly as we had never heard of them.

Is this something which these organisations are asking for these days? Is it allowed/normal? Is it safe?

CLAPTON

no, it's not safe.. they will take your money
and yes its quite normal as crooks are often asking for these details

yes loans are an unsuitable place to go for a loan
and which debt managment agency did your son go to?

paulmcerlean

credit / debit card details can be used as a means to verify your identity these days yes, but not for a credit check.

yes loans are scammers - just look in the loans section or run a search, then, em, run a mile!

immoral_angeluk

They don't need your credit card or bank details to do a credit check. They would take them, charge you an admin fee at the very least, which you'd struggle to get back.

Tixy

If your son needs a debt management agency - none of these would ask for his bank details - http://forums.moneysavingexpert.com/showthread.html?t=2077631