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payday loans

Help, my 21 year old son has got in a mess with one of these companies, charges are mounting up, we have written to them asking for breakdown of charges ,but no replies.

in the meantime charges have rocketed upto £900

about six months ago I helped him pay one of his monthly installments and used my debit card.

out of the blue yesterday my bank account was debitted by this company for £900 leaving me with no money for my mortgage.

I'm nothing to do with this debt and not a guarantee or anything,
but it seems they kept my debit card details. My bank are not interested. what can I do ?

Comments

  • Apples2
    Apples2 Posts: 6,442 Forumite
    Your card is now associated with his file. Bad idea to use yours but you know that now.

    If you kick up a fuss, people do seem to have some success despite their terms stating they can do exactly what they have done.

    Who are the company involved, some a more reasonable than others. If it si Wonga, you may be in with a shot.

    This is your Son's fault though, they are simply abiding by their own terms and conditions.
  • DCFC79
    DCFC79 Posts: 40,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good luck getting your money back (really sincere OP), sit your son down and work out where he went wrong which led him to get a pay day loan, is he spending more than what he earns for example.
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