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PDL Repyament Advice

I have several payday loans outstanding and need to arrange agreements with them. I have a santander zero account and really don't want to have to shut the account down but in the same instance don't want amounts taken out by these companies. Will cancelling the card be sufficient or do I need a new account completely?

Comments

  • You had no intentions to pay these PDL's back in the first place did you?
  • Not really helpful. If you read the post it states I am going into an arrangement with the companies but in the process of arranging it. If you are not going to say anything helpful probably better to say nothing at all.
  • balmk
    balmk Posts: 624 Forumite
    Hello

    Unfortunately just cancelling the card won't help - you will need to set up a new bank account and ensure that your incomings are paid into that.
  • DCFC79
    DCFC79 Posts: 40,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 14 September 2012 at 6:38PM
    leu04bs wrote: »
    Not really helpful. If you read the post it states I am going into an arrangement with the companies but in the process of arranging it. If you are not going to say anything helpful probably better to say nothing at all.

    Lol, anyway open up a new account and transfer your money into it and get any DD's transferred over.

    Oh and get an account not linked to santander as it wont work.

    Its pointless going to all this effort if you dont sort out the issue that led to the PDL's
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You've got to put a BIT of effort in if you want to avoid the clutches of companies who have made a very good living out of people who try to take their money without repaying.
  • I recommend the CONSUMER ACTION FORUM for help/advice with your issue.
    I post on the board with my phone and auto-correct can make me look like a damn fool!:o
This discussion has been closed.
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