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Asking for Bank or Credit Card Details
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Foxysinger
Posts: 2 Newbie
in Loans
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?
Is this something which these organisations are asking for these days? Is it allowed/normal? Is it safe?
0
Comments
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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?0 -
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!0 -
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.Total 'Failed Business' Debt £29,043
Que sera, sera.0 -
If your son needs a debt management agency - none of these would ask for his bank details - http://forums.moneysavingexpert.com/showthread.html?t=2077631A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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