Minicredit advice.

[gary1405]

Hi,

Any advice on how to proceed with my Minicredit issue would be greatly appreciated.

I took out a £100 payday loan with them recently (the due date is not until the 20/7/2104).

On Monday the 7th of this month i logged into my minicredit account and selected "repay early" (the due balance was £110.40) i hit the repay early button,got a pop up saying "are you sure" clicked ok and continued to the payment. My banks "verified by visa" box popped up,i entered my details and submitted the payment.

The next pop i got was "payment declined insufficient funds on card" (or words very similar to that )....i knew i had more than enough in my bank to cover the paymemt.

I phoned my bank (co-operative) and they confirmed that the payment to minicredit had been authorised and was pending.

i then called Minicredit who said they declined to accept my early repayment due to my account details being incorrect with them...i followed the representive's request and re-entered my personal details on the minicredit site..he then assured me that the payment would then be manually processed by Minicredit and i would receive a text confirming the payment...all that has happened is that minicredit have debited a £1 from my card but so far not processed the £110.40.

I have spoken to my bank and the £110.40 is now reserved for Minicredit (ie not available to me on my balance)...when i log into Minicredit i see my outstanding balance is increasing daily as the due date approaches.Anyway my fear is that they will attempt to debit my card on the 20th and then process the pending manual pending payment as well.I have had my bank place a "block" on minicredit accessing my account because as far as i am concerned i've paid them.my question is have i acted within my legal rights and should i now not get back in touch with minicredit? (my bank tell me that the only way they will be able to access my account is if i authorise a payment to them via the minicredit website).

Sorry for such a long winded post but i just need to know if i have acted in the proper manner.

Thanks,

Gary.

[renegadeimp]

If the bank says they have the money in minicredits account then the pdl doesn't have a leg to stand on.