Cryptocurrency Q&A
Can a finance company take money out of your account?
Can a finance company take money out of your account?
KDramaLegendaryStar
Wed Nov 13 2024
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7 answers
1612
I am concerned about whether a finance company has the authority to withdraw funds directly from my bank account. I want to understand the legalities and possibilities of such an action.
7 answers
BlockchainBaron
Fri Nov 15 2024
Debt collectors are restricted in their ability to withdraw funds from your bank account.
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Nicola
Fri Nov 15 2024
They can only do so with your explicit permission.
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Sara
Fri Nov 15 2024
This permission typically involves granting authorization to the creditor.
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Margherita
Fri Nov 15 2024
The authorization allows for automatic withdrawals from your bank account.
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Giulia
Thu Nov 14 2024
Without this authorization, debt collectors cannot access your funds.
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