Direct Debit question - quite urgent

edited 30 November -1 at 1:00AM in Loans
6 replies 573 views
wornoutmumoftwowornoutmumoftwo Forumite
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edited 30 November -1 at 1:00AM in Loans
Hello

I just wondered if companies still apply for direct debits twice or just the once, (It's for a loan with GE Money and the regular one bounced)

Thanks
Payment a day challenge: £236.69
Jan Shopping Challenge: £202.09/£250
Frugal Living Challenge: £534.64/15000

Replies

  • impy78impy78 Forumite
    3.2K Posts
    Hello

    I just wondered if companies still apply for direct debits twice or just the once, (It's for a loan with GE Money and the regular one bounced)

    Thanks

    I think it depends on the company, have you tried calling them to ask???
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • wornoutmumoftwowornoutmumoftwo Forumite
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    It's in my husbands name and he's not in til later, have the money to pay them now in my account and the man I spoke to said it's up to me if I pay via my card, he couldn't tell me either way if it was standard policy to recall a dd and I don't want to risk paying them twice.
    Payment a day challenge: £236.69
    Jan Shopping Challenge: £202.09/£250
    Frugal Living Challenge: £534.64/15000
  • simongregsonsimongregson Forumite
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    Phone your bank and cancel it immediately to save any further returned payment fees. You can always reinstate it.
  • jonesMUFCforeverjonesMUFCforever Forumite
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    Phone your bank and cancel it immediately to save any further returned payment fees. You can always reinstate it.
    What about GE money charging for a late/non payment if D/D is cancelled?
  • simongregsonsimongregson Forumite
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    One fee is better than two :-)
  • As far as I'm aware, as long as the direct debit is still active then they will go back in for it, or represent it. And I'm pretty sure that's standard with DD's.

    It'll be around 14-20 working days after the paymenet was originally due.

    I think that's the way it works for all DD's anyway.
    Am suprised the company didn't tell you this...
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