Payday loan repayment - How did this happen?

ihateyes

pvt wrote: »

In this instance though the OP clearly didn't believe he had set up a DD mandate, and believed the card to be the only method of repayment.

As others have said, it's very lucky for the OP in this instance that the PDL Co was somehow able to collect by DD. Otherwise he would have let them down on the agreement he had openly and willingly entered into with them.

Op was obviously too engrossed on getting th money, rather than checking the credit agreement.....

The Ddeb ws the st method, as they wouldnt use the ddeb as way to get money after card declined..... the ddeb indemnity states the customer has to be given 10days notice etc....

whereas a card they will draw s and when you they please