help again with payday loans

edited 31 December 2012 at 10:08AM in Debt-free wannabe
1 reply 595 views
susieannesusieanne Forumite
448 Posts
Part of the Furniture 100 Posts Combo Breaker
edited 31 December 2012 at 10:08AM in Debt-free wannabe
I have now defaulted on two payday loans on wonga the other PDUK both loans were due out of my account end december . I reported my card lost/stolen and have got a new card now so they were unable to take payments .

Just want to add i am a little worried now after reading some other posts that infact even though i have reported my card stolen and got a new card the payday loan companys could still access my account is this true ? i am reading different things maybe the people who have had there accounts accessed even after reporting there card stolen have taken out another payday loan maybe with another payday loan company and have given that company there new card details oftern these payday companys are linked together and thats how they have still managed to take money from some peoples accounts ? . I have internet banking so i am checking my account daily to check for any new dd popping up

I have deferred my wonga loan a few times and just paid the interest so my bank can see these payments on my account and the bank has cancelled the authority for "continious payments" with wonga but my problem is i havent made any payments yet to PDUK so my bank is saying they cant see any continous payments set up for PDUK therefore my bank cannot cancel the continous payments agreement for PDUK .


  • rising_from_the_ashesrising_from_the_ashes Forumite
    12.4K Posts
    Home Insurance Hacker! Debt-free and Proud! PPI Party Pooper
    Reporting the card lost / stolen won't stop PDL companies being able to collect their payments due to the continuous payments authority they will also have.

    You should be fine with Wonga if your bank has cancelled this - but PDUK will still be able to collect payments until this can be cancelled for them
    Grocery Challenge £211/£455 (01/01-31/03)
    2016 Sell: £125/£250
    £1,000 Emergency Fund Challenge #78 £3.96 / £1,000
    Vet Fund: £410.93 / £1,000
    Debt free & determined to stay that way!
This discussion has been closed.
Latest MSE News and Guides

Boost your Nectar points

Get up to £25 in bonus points

MSE News

Ask an Expert: Scams

Watch MSE Katie's answers to your questions

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals