Resolved Question

My youngest son used my bank details and card to obtain payday loans without my permission?

What can I do about this? I am going to cancel my debit card with my bank so these companies cannot access my money, however I am concerned as to what I can do now.

Can anyone help?

Additional Details

Obviously he has done something serious and it is illegal, but I wouldn't want to see him with a criminal record for it. How would these companies treat it when I contact them?

5 days ago

Welshlad - he has just turned 18 and cannot afford to pay the debts straight away, and neither can i. I do have money going into my account however i cannot afford to use it on this.

5 days ago

Best Answer - Chosen by Asker

More than likely if you go to the bank, they can have your money replaced and issue you a new card with a new number, BUT they will end up finding out that it was your son and thats a felony. =(

If you don't want that to happen, work it out with these companies and pay the money back.

This is a very touchy situation and im sorry this has happened to you. I wish you the best of luck with this issue. Payday Loans are EXPENSIVE to payback. =(

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Other Answers (5)

• I wouldn't cancel the debit card as this will make it worse.
  
  How old is your son? Can he pay the money direct into your bank to cover paying the loan back?
  
  You could speak to the bank, and this will be considered as fraud on your son's part.
• That boy is going places, but it,s your fault for being careless with your card. In form your bank they can help you with this.
• He can go to jail for this. I would definitely let him think you are considering turning him in.
• You would have to file fraud charges against him.
  What exactly do you want to do about this?
• turn him in or it will happen again