Wage Day Advance?

[ronzo9]

Hi Guys,I am going to enter in to negotiations with these guys about my outstanding PDL. I have left it late as the repayment is due tomorrow.I informed my bank to change my card as a precaution earlier this week but i called in to check my DD's and there seems to be one set up by WDA. I had it cancelled but the operator said that they can sometimes re activate the DD for this? Can this be done and if so how can i prevent all my ££ being taken from my account before i manage to get a repaymkent plan in place? Thanks

Edited June 30, 2011 by ronzo9

[BonM]

Hi ronzo, I would suggest moving any monies you have in that account out of it immediately, if your salary gets paid in tomorrow, yoou will need to call your bank today to find out what times they update, and get the monies moves to another account at the time of day, may find it can be at midnight, or any time in the early hours. WDA I think normally try for money around 5-6am though I could be wrong. I would wait until tomorrow to contact them, when you know for certain the money has not gone to them. Make sure the funds are moved, and they can not touch them. Keep all contact via email/post. so you have a paper/elctronic trail of everything. Advise them you can no longer afford the repayments and wish to clear the loan and one months interest on a repayment plan, make them an offer that you can reasonably afford, and take it from there.

[ronzo9]

Hi ronzo, I would suggest moving any monies you have in that account out of it immediately, if your salary gets paid in tomorrow, yoou will need to call your bank today to find out what times they update, and get the monies moves to another account at the time of day, may find it can be at midnight, or any time in the early hours. WDA I think normally try for money around 5-6am though I could be wrong. I would wait until tomorrow to contact them, when you know for certain the money has not gone to them. Make sure the funds are moved, and they can not touch them. Keep all contact via email/post. so you have a paper/elctronic trail of everything. Advise them you can no longer afford the repayments and wish to clear the loan and one months interest on a repayment plan, make them an offer that you can reasonably afford, and take it from there.

 

Thanks BonMMy salary is paid in tomorrow and i don't really have any other account i could shift the funds to. I was just going to pop in and take all the money out and sort another account out after then?It would mean i'd need to be at the bank for 9am to get it as early as possible. Since i cancelled the DD from them will this not buy me some time?

[BonM]

I hear what you are saying, and you SHOULD be ok, but if you want to guarantee it, I would suggest you try to maybe transfer the funds to a family members account? Is that a possibility for you? In the meantime, also set up a new bank account, try halifax or co-op. I would certainly do this as soon as your funds are live in your account. Call your bank, find out what time your salary is usually cleared for you to draw on and do it then! Don't wait, and don't give them a chance or opportunity to take more from you than you can afford.

[nortel]

Get your debit card cancelled ASAP. Report it lost or stolen as if the DD fails they will try the card next.

[ronzo9]

Well this morning i got up and checked my account and all was fine.BUT from the 6am till 9:30 there are £800 worth of debits pending on my account leaving me in a really bad way. I previously cancelled my card and cancelled my DD but they have still managed to take the money??Is there anything i can do?

[BonM]

Hi Ronzo!Was this money due? And did they debit the correct amount as agreed in your credit agreement when they said they would?If so, I do not believe there is anything you can do. Which is why I did say to make sure you move the funds at around 5am or so into a friend or family members account. You could try contacting your bank and informing them that you had cancelled the DD and card, and this is a non authorised payment, and take it from there. Fingers crossed for you!

[ronzo9]

Hi Ronzo!Was this money due? And did they debit the correct amount as agreed in your credit agreement when they said they would?If so, I do not believe there is anything you can do. Which is why I did say to make sure you move the funds at around 5am or so into a friend or family members account. You could try contacting your bank and informing them that you had cancelled the DD and card, and this is a non authorised payment, and take it from there. Fingers crossed for you!

 

I wondered why i had recieved a text thanking me for my payment and offering me up to £150 more Previously when i have got that text and called for a reloan on the day, they said that it takes till the next day for the system to show that the payment went through or not so i thought it was just an automated text The amount / date is correct i'm afraid this leaves me in a very un manageable situation.