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Can I Get In Trouble For Cancelling A Direct Debit? [Solved]

Cancelling these Direct Debits can cause serious financial issues and can result in penalties and credit problems. Although the company gets notified via a bank-issued ADDACS message, it’s best to inform the company of your cancellation before doing so and seek approval.

Alex

What you need to know before you cancel a Direct Debit or Standing Order.

Are you worried about keeping up with your regular payments? If you need to reduce your outgoings, watch our tips before you …

How do I cancel my Direct Debits?

Cancelling