Bank Loan off before agreed date.

shammon

Hi hope someone can advise.
I have a long term loan with a well known bank in the UK Since 2005. Bank loan comes of every month on the 10th. Today I checked and they have taken the funds out tonight! I know Monday comming is the 10th BUT 3 days early thats not right. Can I anul the contract as they have breeched it? Or can they do this?
Thanks

R0bert_Sterling

shammon wrote: »

Can I anul the contract as they have breeched it?

Oh! for goodness sake!!

williamD1964

Can you contact your bank and confirm they have already been removed? The reason is that I thought I had the same problem, but the actual money is not removed from the account until monday morning.

vaporate

R0bert_Sterling wrote: »

Oh! for goodness sake!!

:rotfl:

I bet the op would love that

fozmcfc

Whilst the OP is clutching at very short straws, there probably is a simple explanation.

Direct debit, including loan payments that come out on Monday, quite often show as pending (i.e. money not available to account holder) on Friday at the end of the banking day.

I logged into my online banking this morning and direct debits for Monday are showing and my balance is uptodate to include the direct debit.

stephane_2

shammon wrote: »

Hi hope someone can advise.
I have a long term loan with a well known bank in the UK Since 2005. Bank loan comes of every month on the 10th. Today I checked and they have taken the funds out tonight! I know Monday comming is the 10th BUT 3 days early thats not right. Can I anul the contract as they have breeched it? Or can they do this?
Thanks

Get a life......

hullight

If this was a genuine error and you were paying with a direct debit (not a standing order) you would be entitled to a refund from your bank.

This does not mean that you do not have to pay what you owe.

Wutang_2

never-in-doubt wrote: »

!!!!!! :mad: :mad: :mad: :mad:

Whats up John?? Why haven't you thanked me??:rotfl::rotfl::rotfl:

collywollys

Wutang wrote: »

Whats up John?? Why haven't you thanked me??:rotfl::rotfl::rotfl:

probably because your a !!!!!! :rotfl::rotfl::rotfl:

Wutang_2

Did he text you? Did he phone a friend? Whats up Collywobble?? lol

never-in-doubt

collywollys wrote: »

probably because your a !!!!!! :rotfl::rotfl::rotfl:

Hah - witty :rotfl: :rotfl: :rotfl: