PayDay Loan Debit Card Fraud

[daryionlola123]

Hi,,

 

Hope I am doing this correctly...

 

I have had previous PayDay loans all of which I have cleared except one. I had lost my job etc, wrote to them, explained the situation, heard nothing back from them with regards to my repayment offer, buried my head in the sand, so on and so forth.

 

I again applied for a PayDay loan last week as in a dire situation. I know it isn't the correct thing to do but desperate times bring desperate measures. I entered all my details, plus bank details and card number. This was all with a company called MoneyMajesty. They sent a text message back asking for me to reply at a charge of £5. This I did and never heard from them again.

 

Saturday morning I woke to find my bank account empty. Amounts of £25, £25, £175, £68.75, £68.75 had been taken one after the other. I called my bank to be told a finance company had taken the amounts and I would have to call the fraud dept on Monday morning.

 

All I can assume is the old debt company, PayDay loans are linked to this other company and have re-claimed the old debt.

 

Could some-one please advise if they are allowed to do this? Is there any way I can claim fraud? Should I tell my bank I applied and gave my details but did not receive a service etc? I gave these new details to repay any future loan with a different company?!

 

Also my money which is paid into my Natwest account doesn't officially go into my account until Monday but Natwest credit on a Saturday instead of Monday. Therefore these payment show as being taken on the 28th but my money they have withdrawn from isn't showing until the 30th on my statement....

 

I hope someone can make sense of my thread and help a little?

 

Kind regards

[renegadeimp]

Money majesty is a sc@m. Plain and simple. Can i ask how the amounts were debited? If it was a visa card, then see http://whatconsumer.co.uk/visa-debit-chargeback/ Do NOT take no for an answer. They can chargeback first then investigate later. You also must contact your local police and get a crime number. This will force the bank to issue a chargeback.

 

You can be pretty sure its not the old PDL's coming back. This site is fairly new, but is known to us. It has no company license, no Credit license and no contact details apart from the fact they are based in hong kong.

 

Also tell your bank that they are 100% NOT a finance company due to the above reasons.

[daryionlola123]

Hi,

 

Thank you for your reply and link.

 

Yes it was taken by Visa Debit.

 

I have just called the Police to ask for a crime reference number but was told I could only have a incident log number...I guess this is OK?

 

Also I have spoken to my bank again who have now stated the money shows as going to "Capital Finance". I cant find any info for them?

[daryionlola123]

Actually I have found that it is Capital Payday Finance.....

 

I do not remember ever having a loan with these people!

[Ell-enn]

Natwest fraud department are usually very good - you need to tell them that you have never had any dealings with this company - they will refund the money to your account within hours. A colleague at work had a similar thing happen - Natwest fraud dept had the money back in her account in no time.

[Jamie Kingston]

you should ask your bank which bank they have used to debit the payments (i.e. the merchant bank for the company), You should then contact the merchant bank and explain to them just how fraudulent this company is... let us know which merchant bank it is and I'll do the calling if I have to, getting sick of all these rogue idiots thinking they can steal from us.

[Jimbo1972]

Actually I have found that it is Capital Payday Finance.....

 

I do not remember ever having a loan with these people!

 

Hi I have had loads of texts from money majesty and also from a company called ioweya , I believe both these companies to be associated with capital finance one, who are now known as capital finance one lending (CFO lending) hope that helps

[renegadeimp]

They are sc@m companies jimbo. They are NOT legitimate.

[Timmyrara]

They are sc@m companies jimbo. They are NOT legitimate.

 

renegaideimp they are [problem] companies set up by CFO and sent to people that have outstanding loans with CFO. They then use the bank details submitted to withdraw cash to pay of outstanding loan.

[Ell-enn]

renegaideimp they are [problem] companies set up by CFO and sent to people that have outstanding loans with CFO. They then use the bank details submitted to withdraw cash to pay of outstanding loan.

 

If that's true they need reporting to the relevant authorities immediately!