Lost Bank Card

[timmydust22]

HiIve nearly got out of my payday hell. only have a few companies left to pay (1 includes a court judgement to cash genie)I currently owe these vultures 500 roughly with interest, ive been paying the interest only for ages now roughly 10 monthsIn the past ive rang bank and said ive lost my card and stopped its all card payments out, but with these im a bit scared as it appears they access your account regardless using cpaWill saying my card is lost suffice, ive already done this

[renegadeimp]

Simple answer? Get a new bank account or use a prepaid credit card. Once youve given them the new card details, if they take ANYTHING out of your other account, then contact the police for theft.

 

But really, you should have a completely separate account for your day to day money. It saves any worry at all.

[renegadeimp]

Double post.

[timmydust22]

HiIf ive told my bank (HSBC) that i have lost my card detailswill this stop cpas from payday loan companie, wagedayadvance and capital finance 1 are the companys

[renegadeimp]

Youd have to check with your bank as Some PDL's get around CPA's by creating false transaction numbers. Easiest way is to write them a letter stating that you want to stop ALL cpa's on your account.

 

The absolute best method to stop any worries is to get a new bank account for your day to day money and transfer money to another account that is used solely for bills. If you set up bill payments into your regular account then you will inevitably run into problems.

[timmydust22]

payments are due out monday so i wouldnt have time to get letters off. oh well lets hope they dont

[timmydust22]

also i contacted bank they state never heard of CPAS

[timmydust22]

thanksOn another note, what time do you think they would try to take there cpas out or create these transactions. Just wondering if ive got time to tranfers funds or withdraw cash before they try to empty me account

[renegadeimp]

They usually do it around 2 am onwards. And they dont just try once. There could be multiple attempts over an hour, or dozens over a few hours until they get something. There have even been confirmed reports of them trying to take out £50 multiple times, failing, so they started debiting £10 instead so they got something.

[timmydust22]

oh well, ive reported my card as losti bank with hsbc and when ive reported it lost in the past nothing comes out. But just reading things on here im concerend CFO will raid it somehowIm just gona stay up and keep refreshing my balance online then transfer it out asap

[asmilecostsnothing]

One of the banks told me they use 'off shore' accounts - ren is right they will try repeatedly. I'm convinced it depends on the bank and ALSO bank account type

[renegadeimp]

If you have the name of the transaction on your bank statement. Just write a simple letter that tells your bank to stop ALL payments to the company that made the transaction. You dont need to give a reason,. but they need to stop the transactions when you say so, otherwise the bank could be seen as complicit for fraud and/or theft.

[timmydust22]

i was paid today and ive paid some debts off some payday loans off which only leaves me with wageday and cpo to payluckily they havnt dipped into my bank and the lost card trick worked.Setting up a new account with a different company for my wages then il start to pay off those two with my old account within my means and within my pace

[renegadeimp]

Well done. All it takes is a level head and dogged persistance and youre finally getting control of your finances again. Keep us updated as your experience could be useful for someone else.

[timmydust22]

yeh at one stage i had nearly 9/10 chasing me at one time.only cash genie have had success taking to court. the rest ive paid in my own time which has took nearly 3 years but ive stil lived a good life