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KOWENS132

Unable to Repay - 2 Accounts Linked to Same Bank

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Hello

 

I have a £470 loan that I am unable to repay, due on the 28th Jan and have decided that I will not roll it over again.

Will now try to arrange a repayment plan to pay it back over 2/3 months.

I have 2 accounts with my bank and would like to know if the lender has the right to take money from the account/debit card that was not registered in the loan application.

 

Many thanks in advance

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It depends. Some banks will use another account with them to offset a payment. Especially if a CPA is used. Halifax, satander and Natwest are known for it.


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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247 Moneybox are awful. Make sure the card is cancelled etc... offer x per month for x months - and request their bank details

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Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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