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Automatic Withdrawal was Not Automatic

I set up an automatic withdrawal with a credit company in December. The due date was set for 1/13/10. Nothing happened. It is now February. Should I call the credit company? Will they deduct double now?


Well, yes, call to find out what happened. The call would have been more timely if you had called them on January 15, two days after the payment was scheduled, but now do it sooner rather than later. It's possible your instructions didn't reach them in time to set up the 1/13 payment, and they may be looking for your check.

Published on BankingQuestions.com 2/09/10