Hi, I've got into a similar mess by talking to yes-loans to get a loan. Yes loans then put me in touch with Moneyworries. They did sound very helpful and managed to convince me that what I need is a debt consolidation product, not a loan. During the conversation, they asked for may debit card details, which I foolishly gave out. Before finishing the call I told them I haven't decided whether I want to take their debt consolidation product not and I'll confirm if I want to go ahead in a few days time when they send me the terms and conditions in writing. After the call I started googling about debt consolidation and moneyworries and found all these bad reviews and I got very worried. Then I found out from my bank statement that yes loans have taken £69.50. I called my bank and cancelled my debit card to prevent any further payments, but the bank told me that since I have given them my debit card details, I have given them the authority to take money from my account whenever they like and I have to advise them in writing to stop further charges.
Having cancelled my debit card, I thought that would at least stop moneyworries from taking money, but then I found out that yes loans and moneyworries are part of the one company and does this mean they may still be able to take money from my account?
I sent them an email asking them to cancel my application, to which I had no response. So I called moneyworries this morning and asked them to cancel my application and they confirmed that they've closed the account, but having seen the reviews I am still worried that they may still try to take money off my bank account.
These companies are scum of the earth and I am surprised how they can get away with such malpractice/scams.
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