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help payday loan taking money from bank

2»

Comments

  • nottoolate
    nottoolate Posts: 1,359 Forumite
    Interesting.

    I had an issue with re-occuring magazine subs. I tried to contact the company but got no joy. Went to the bank, and (as has happened before) they said they could only cancel once they had notified the company taking the money - they couldnt just refuse payment.

    that is the line of utter bull the banks have been giving people for some time now.

    its simply not true though.

    listen here

    http://www.bbc.co.uk/podcasts/series/moneybox#playepisode8
  • paulmapp8306
    paulmapp8306 Posts: 1,352 Forumite
    Yeh - I read the article, and I wasnt aware (and Im usually good at knowing my rights re money !!).

    I will certinaly be aware next time - and inform the bank of the rules when I contact them, and claim any payments maid after that point back. Good information to know.
  • Just a small question which payday loan company are you dealing with?
    Total Debt: £4610.75
    Debt Free Date: May 2016.
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