2 Errors in my Favour, Crediting my Credit Cards!

rebecca86

Hi Everyone,

Id really appreciate some help here!

Id love to think I have a guardian angel, but more likely, the scarcely unbelieveable has happened...

I have 2 credit cards, with different companies, and in the space of a week, both have been credited by payments I never made. What are the chances???!!!!!!

1. HSBC Credit Card
£650 appeared on my credit card statement. I called the bank to check my balance, its gone in and cleared!?
That was 2 weeks ago, and its still cleared off the balance I owe.

2. Asda Credit Card
My Asda credit card recieved a BACs payment of £2000. Again the payment has cleared, and again that was about 2 weeks ago now.

Im broke, so I really dont want any suggetions that I call the credit card comapnies and beg them to let me continue to owe them money I cant afford to pay back!

The thing is, I could now just about to pay off the remaining debt on the cards, and cancel them. Would this be a good idea? Could they still come after me if I settle up and close the credit card accounts?

Am I likely to be discovered. Im not planning on spending this wiped off debt anyway, but am I likely to stay debt free over these errors, or will I be caught?

Advice would be greatly recieved.

Thank you everyone xxx

jambosans

rebecca86 wrote: »

Im broke, so I really dont want any suggetions that I call the credit card comapnies and beg them to let me continue to owe them money I cant afford to pay back!

The thread for the morally corrupt (and Credit Cards) is linked below:-
http://forums.moneysavingexpert.com/forumdisplay.php?f=11

rebecca86 wrote: »

The thing is, I could now just about to pay off the remaining debt on the cards, and cancel them. Would this be a good idea?

What do you think? Remember it's not the credit card companies who are out of pocket, it's some poor sod who's made a payment to the wrong account. Not that you seem bothered by this in the slightest.

rebecca86 wrote: »

Could they still come after me if I settle up and close the credit card accounts?

If whoever has made the payments to your accounts convinces the credit card companies there has been a mistake, then yes, of course they can.

rebecca86 wrote: »

Am I likely to be discovered. Im not planning on spending this wiped off debt anyway, but am I likely to stay debt free over these errors, or will I be caught?

You will stay debt free until someone comes asking for their £2000 and £650 back. I'd imagine the mistake will be noticed when the people who have made the payments get a late payment fee from Asda and HSBC.

I can understand it must be a nice feeling to be debt free, but you're not really debt free, because you haven't repaid these debts, someone else has, by mistake. There's no such thing as a free lunch.

mjm3346

yawn or yarn

JuicyJesus

This sounds very improbable. To do this someone would have to, by complete mistake, make a payment to an HSBC card account, of the exact same type as yours, with your 16 digit card number as the reference, and then coincidentally make another seperate payment to an ASDA card account, also with your 16 digit reference, again by mistake. Not someone else's account - yours. Both times, by coincidence.

Either someone is sending you a very kind gift (and not telling you? Completely out of the blue?), it's the most fantastic coincidence in the history of the world (the probability of someone mistyping two long reference numbers and the resulting ones both being yours is exceptionally slim) or you're making it all up. My money is on the latter.

tellmeitsfriday

rebecca86 wrote: »

call the credit card comapnies and beg them to let me continue to owe them money I cant afford to pay back!

, because in reality nothing has changed. You owe them the money.