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 Can a 18 year old wtih no credit get a auto loan?
I'm turning 18 soon and I want/need a car, I have a job but I dont have enough money saved up for a car I want. Is it possible for me to take out an auto loan for like 10 g's? No one will ...


 How do banks decide if u can have an overdraft?Do they cred check u or just go by how u have used ur account?
What sort of system do they use? If anyone knows please let me know :)...


 My dead dads loan?
my dad took a loan out in 1992 it was passed on to the recovery department of natwest he payed it off at £250a month i dont have the money to pay it off as theyre is still £8241 left to pay but i ...


 Best way to build up your credit.?
...


 Is a credit score of 716 good for a 32 year old guy??
I AM PLANNING ON BUYING A BRAND NEWCAR AND I WAS WONDERING IS THIS SCORE A GOOD ONE ....


 Can I use Visa debit card for online shopping? What is the difference from Visa credit card?
Can I use Visa debit card for online shopping as same as visa credit card??I am experiencing some difficultis on some online shopping site, and I am wondering the problem might from the card....


 What happens if a person doesn't pay his credit card bills?
just curious to know....


 How many bad checks before going to jail?
bad check ...


 How do i build up a really good credit rating?
...


 I have a question about using someone else creditcard??
I need to buy something online and i know you need a credit card.. soo I'm wondering if i can change the name it will be send too?
Cuzz i want to make sure my mom doesn't open it.. And ...


 How can I raise my credit score?
I'm 29 and have no outstanding debt other than student loans, which are in repayment and on time (always have been.) I've had a few accounts go to collections in the past, but never for ...


 Non payment on credit cards consequences????
I just found out that my dad payed for mine and my brothers tuition fee by charging them to his credit card and incurred circa $250,000 worth of debt through various credit cards that he's not ...


 Is there such a thing as a pay as you go credit card?
Is there a card that you can keep putting money on it and use as a credit card, like for on line purchases? Or to give to a place where they want credit card info, but you don't want to give ...


 How do you get an apartment with horrible credit?
My friend is moving into her new house at the end of the month and her roommate is having a hard time finding somewhere else to live. My friend just found out that this roommate has terrible credit. ...


 I placed an order for a prescription online. I never got it. My account was charged. What can I do?
2 weeks ago, I placed an order for a prescription with an online pharmacy. I never got it. My account was charged, but my online order status says "Pending" when I check it. (Not shipped) I ...


 I just got my credit score..it was 791. How good is that compared to the average american?
...


 What is the easiest way to eliminate debt?
...


 We keep receiving credit card applications for my 10-month old son in the mail. Should we apply?
...


 How do I work out unknown direct debit payments?
I have gone through my bank statements and found 'PAYMENTSHIELD' and 'FIRSTASSIST - CRED' as direct debits. Does anyone know what they are?...


 How do I get a free annual credit report?
I've heard that you can get a free anuual credit report online. Is that true? and if so, which companies provide these free credit reports online?...



dollyp41
Can a loan company take money out your bank account as a payment when there is no direct debit set up?
                     
 




savvy
no, you have to authorize them to do that.


Gem
If they received a court ordered garnishment/lien, then yes.

Or, if buried somewhere in all the documents you signed when you got the loan they had a "default clause" that entitled them to do this.

Or, if you set up, even once, an ETF payment (usually over the computer or phone).

Without viewing your documents, or knowing the whole situation, this is not a cut and dried answer for any of us to make.


Stefanie B
Rating
Not unless there is a court order to garnish your wages...


Kerry K
not that I am aware of


aphrodite
Rating
No they cannot. Permission has to be given by you , along with all your details.


Welsh Gem*
No you have to authorise it, otherwise it's classed as stealing!


Sido0o
Rating
No, you'd have to authorise it!


littlemisshappy
Rating
When you sign for a loan you usually give them permission to set up the direct debit from their end so its probably already set up.


tm-ar&k
Rating
No they can't do that without permission. Look through your loan papers or call the company. You might have given them permission to do so.


Bev.......
Rating
No, they can't do that. You have to authorise it


SELB
Of course not. (they could loose their consumer credit licence if they did that)

I am wondering what you have signed.


Barbie V
Rating
No and if your bank allows it they are in real deep trouble


jackie m
no because they dont have your bank details and you haven't set up a direct debit.


Okereafor C
yes, them can loan money out in my bank account as a payment when there is no direct debit set up.


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