Ok, many thanks for all of the help, ill write a letter to my bank also call them. Ill keep the board updated as to what happens next. thanks

Again thanks for the replies. Does this mean i have to wait for the money to go from my account and then apply for a charge back? Would it be worth speaking to the loan company now as the money has not gone out yet and its only been 7 days to ask them not to take the money out as i do not want the service and believe i have been misled?

You should telephone your bank and follow up with a letter and confirm that these payments have not been authorised.

Thanks for replying, iv spoken to my bank (LLOYDS) and they have told me they can not do anything about it and to contact CAB to help me get the money back after it has left my account!?

Is it possible if i contact the loan companies i will be able to cancel the payments as it is within 14 days and i never wanted the service?

7 days ago i was looking to see if i could get a short term loan. I was using a website that said i had been accepted for a loan and to enter my bank details. Once i had entered my bank details i was told i would be charged something like £68.99 for the service that will be taken from my account at some point in the next 60 days (!?). I was then given my loan options and i clicked on one was asked to enter my details and was told again i would be charged £68.99 or there about for the service!!!!

I decided straight away at this point to not get a loan. Ever since i have been inundated with text messages and emails offering me loans. I receive over 40 texts a day at all hours of the day and night.

Is there any way i can stop the 2 payments for £68.99 leaving my bank account?

I realise i have been stupid and should have been paying more attention, but also feel these websites were designed intentionally to mislead people in to paying for a service nobody would ever want!!!