Payday Loan http://goo.gl/Ghebqv Debt Consolidation http://goo.gl/c1uJJB <br /> <br />If you know that the payday loan payment is going to be impossible to pay then it’s better to stop it before the company tries to take a payment. Payday loans will usually make you sign up to something called a continuous payment authority (CPA) when you take out the loan. This gives them permission to take payments from your account linked to your debit card. <br /> <br />While CPAs are trickier to cancel than a direct debit, it is possible. This post will take you through how to cancel a continuous payment authority and provide you with links to template letters you might need. <br /> <br />Bear in mind that you may incur charges for not making the payment on the loan, though if they request a payment and the bank rejects it, you get these charges anyway (plus the bank charges on top).
