..........

[bobthebuilder]

..........

[blacksaxodevil]

they will want most of it paying as you made a claim, also cancelling your direct debit at the bank will stop the payments but then they will just pass it on to a debt collector then maybe a bailiff and then court.

[Saxotim]

reeeeeeeeally wouldnt recommend cancelling direct debit. its a bad idea, a really bad idea. cancelled an old phone contract i didnt want to pay and have ended up with a default on my credit report meaning i cannot get any credit to save my life.

as for the insurance when i've cancelled in the past i've had some back minus an admin fee.

[devilsadvocate]

In all honesty, you have nothing to lose by cancelling the direct debit.

One of two things will happen:

1. Nothing, they will cancel the policy and you will just get a letter to this effect.
2. They will cancel the policy and you get a bill for £1000

They are not going to send it to a debt collector unless you fail to pay any remaining balance despite several letters etc etc and it won't affect your credit rating until you default and they send it to a collection company.

I have cancelled insurance DD in the past and heard nothing back......

A windscreen claim is a bit of a grey area because it doesn't affect your NCB but some companies use it agaist people in different ways.

Check your terms and conditions, see what it says in there.

[Jyxo]

Had insurance with Aviva a couple of months ago, bought a VTS and they wouldn't insure me so they told me I had to pay a cancellation fee of £40, no problem, rang back 2 days later when I actually bought the VTS, wanted £183 now, so I kicked off saying why has it gone up that much, they said because it has didn't give me no explanation so I refused to pay, cancelled my direct debit, got letters sent to me saying they will threaten me with legal action, rang them back up again must of been about a week after from when I first rang them, now wanted £232, had to pay it or it would get higher and higher, now have a bad credit rating from them, will never go with Aviva again.

[Mango_Wes]

In all honesty, you have nothing to lose by cancelling the direct debit.

One of two things will happen:

1. Nothing, they will cancel the policy and you will just get a letter to this effect.
2. They will cancel the policy and you get a bill for £1000

They are not going to send it to a debt collector unless you fail to pay any remaining balance despite several letters etc etc and it won't affect your credit rating until you default and they send it to a collection company.

I have cancelled insurance DD in the past and heard nothing back......

A windscreen claim is a bit of a grey area because it doesn't affect your NCB but some companies use it agaist people in different ways.

Check your terms and conditions, see what it says in there.


From experience with dealing with customers such as yourself, If you cancel your DD it will come from your account as a DEB payment.

Pointless. Pay the fee or don't bother canceling it.

[stevo1600]

I owe admiral around 1500 which was my fault as I pay monthly and missed 2 payments. They worked out that I had to pay the remainder of the 6 months of the policy, even though I wouldnt be insured, I rang up a debt agency, and by law you can dictate how much you pay back monthly, they agree to it. Hope they spend the 20 pounds a month on something nice:y: CUNTS

[devilsadvocate]

From experience with dealing with customers such as yourself, If you cancel your DD it will come from your account as a DEB payment.

Pointless. Pay the fee or don't bother canceling it.

Rubbish, they can't take money out of your account without permission.

When you sign up to pay by DD, you have to sign a DD mandate to give permission. The only other way to get money from you is a debit card payment which again needs your permission.

What is a 'DEB' payment?

[Mango_Wes]

No they can, Your debit card is a guaranteed form of payment. I work in Disputes for Lloyds TSB, dealing with case to case disputes. When paying, you give your PAN number and SC and AC, if your ever canx you DD, they are in there full rights to take payments via PAN, as its a contract you have agreed to.



A DEB payment stands for Debit card payment, run via your 16 digit PAN number, You do not need to give your 3 digit security number for this to work.

Using a VISA debit card via internet or phone transactions are the most unsafe / hard transactions to dispute.


With regards to when you say they need your permission, Yes you are correct, but you gave them that permission when you gave them your card information, they don't need to ring you up every time they take a payment. Always read the small print in every contract you take, and I hope no one gives me the bullshit they do, as no one dose.


Lots of companys are catching on to this at the moment and are creating T&C's 'scams' there not scams, just people who click accept and don't read anything else except a free bottle of this or that.

[Quick]

How long left on policy?

They may be wanting the policy to continue as you have claimed on it?

[bobthebuilder]

..........

[lee_saxo]

If you cancel it, you will have to pay the remainder or what ever they work it out as. Ignoring it will get it passed on to debt collectors which will get you into a whole world of hurt.

Some Insurance companys you can cancel and just pay an admin fee though, always worth checking this before you take insurance out

[devilsadvocate]

No they can, Your debit card is a guaranteed form of payment. I work in Disputes for Lloyds TSB, dealing with case to case disputes. When paying, you give your PAN number and SC and AC, if your ever canx you DD, they are in there full rights to take payments via PAN, as its a contract you have agreed to.



A DEB payment stands for Debit card payment, run via your 16 digit PAN number, You do not need to give your 3 digit security number for this to work.

Using a VISA debit card via internet or phone transactions are the most unsafe / hard transactions to dispute.


With regards to when you say they need your permission, Yes you are correct, but you gave them that permission when you gave them your card information, they don't need to ring you up every time they take a payment. Always read the small print in every contract you take, and I hope no one gives me the bullshit they do, as no one dose.


Lots of companys are catching on to this at the moment and are creating T&C's 'scams' there not scams, just people who click accept and don't read anything else except a free bottle of this or that.

If that's true then it's got to be borderline theft, I seriously don't see how they can take money from your debit card without asking your permission every time.....can you show me where in the T&C of the policy it says that because I can't see it in mine anywhere?

Like I said, I have cancelled two DD with two companies and they simply sent me a letter saying my policy was cancelled and I had to pay no more at all.

Ring them up and ask, I doubt you will have to pay for the remainder of the policy....there will be an admin charge and they will refund you the rest.

[Mango_Wes]

If that's true then it's got to be borderline theft, I seriously don't see how they can take money from your debit card without asking your permission every time.....can you show me where in the T&C of the policy it says that because I can't see it in mine anywhere?

Like I said, I have cancelled two DD with two companies and they simply sent me a letter saying my policy was cancelled and I had to pay no more at all.

Ring them up and ask, I doubt you will have to pay for the remainder of the policy....there will be an admin charge and they will refund you the rest.

Its not theft though, you have given your information to the retailer.

For example,


You go into to a restaurant, You pick the curry on the menu for £9.99

They debit you by mistake for 0.90p.

That retailer cant go back and take the money from your card at a later date.

100% legal.

[LSOfreak]

whenever i want temporary insurance i just set up a policy with admiral, with the intention to cancel it at some point as i only need the cover temporarily. Within the first 2 weeks i only have to pay a £22 charge. However they also say on the phone when i cancel it, that there are no outstanding claims or accidents witht the vehicle. As if there is then they can't cancel it. As said above, some companies see windscreen cover as a claim. sucks tbh

[devilsadvocate]

Its not theft though, you have given your information to the retailer.

For example,


You go into to a restaurant, You pick the curry on the menu for £9.99

They debit you by mistake for 0.90p.

That retailer cant go back and take the money from your card at a later date.

100% legal.

You have contradicted yourself, the example you gave agrees with me :)

[bobthebuilder]

..........

[Mango_Wes]

You have contradicted yourself, the example you gave agrees with me :)

Was a typo, They can actually go back into your account, thanks for pointing out my spelling mistake though :hug: