The Weekly Gripe

Credit card problems - money gone missing?

Cancelled credit card still pays out

Credit card still pays out money

If you have used the card to make regular payments, for example signing up for a magazine subscription or a web hosting account that those companies can still extract payment from that card even though you cancelled it.



Did you know that if you pay off or transferred the outstanding balance on your credit card, then cancel the card that that isn't necessarily the end of the story?

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Posted Comment Visitor
14-3-2008What happens if you report your card stolen? Surely that should cancel any 'regular payments'Caroline
07-2-2007I ma having the same problem at the moment between my Royal Bank of Scotland Mastercard and a company called 'Capital Directories', London. The company get's about £45 each month to pay for advertising services I have never received. To make matters worse, they have vacated their...moreGermanMan
25-5-2006I was in a very similar situation myself. I had paid for a magazine subscription online using my credit card and then cancelled it and so I thought the credit card. About a year and a half later (I had moved house by then) I happened to swing by and pick up my mail and lo and behold, a credit card...moreGeoff
04-2-2006another daniel lazarides eh?Daniel Lazarides
25-5-2005I totally agree with everything that is being said. Yeh I agree with the article.Daniel Lazarides
25-5-2005I must admit, I'm preoccupied with worrying about the UCL Final tonight. After that, I'll start thinking about politics again.nom
25-5-2005Hi room poliical issues ayyy! chat to me ill save you!!superman
25-5-2005What is everyone talking about? I really don't understand why everyones moning about hings get out of our house and sort it out!happy as can be
25-5-2005American? school kid? Fools are like other folks as long as they are silent.leroy
24-5-2005So go write something Leroy and quit winging like a bl00dy american school kid. You're one of them aren't you?Chris
24-5-2005This is quite a boring one. Anyone want to discuss something else? war, religion, foreign policies?leroy
24-5-2005if your too stupid to play your own cards then you get what you deserve.leroy



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