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Debt Collectors
pcombo
Posts: 3,429 Forumite
Are debt collectors allowed to keep your debt card/credit information on file to take monthly payments, as i got told there not allowed.
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Comments
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Yes they can keep your details, but they can only take a monthly payment if you set up a DD or recurring payment by giving them the 16 digit card number rather than the account number.0
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i had read the card number out evey time call them up to make a payment0
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i had read the card number out evey time call them up to make a payment
bet you a tenner they've set up a recurring paymentDebts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts
Olympic 2012 Challenge #12
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Yes they can keep your details, but they can only take a monthly payment if you set up a DD or recurring payment by giving them the 16 digit card number rather than the account number.
Technically, a direct debit cannot be setup on a debit or credit card. Direct Debits can only be setup on certain bank accounts. Consequently the Direct Debit Guarantee does not apply to recurring payments set up on debit or credit cards.0
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