Recently I came across Teresa, a parent that is lone Housing Executive tenant in lease arrears. Teresa is at danger of control and actually needed help.
Teresa had been trying to cope having to pay her lease over at a time when she was finding things particularly tough because she was under a lot of financial pressure and she had debts including a couple of payday loans which sheвЂ™d taken out to tide her. We chatted to Teresa concerning the significance of spending her lease and just how one other re payments would have to simply take a straight back seat. Teresa said that sheвЂ™d attempted to stop the repayments to your pay day loan company but her bank had insisted which they couldnвЂ™t do that unless the demand originated in the mortgage business. Teresa had entered into a continuing Payment Authority (CPA) with all the payday lender. We contacted her bank directly to request the instant termination regarding the CPA. The financial institution taken care of imme personallydiately me precisely until I pointed them to the Financial Conduct AuthorityвЂ™s guidance in relation to this type of payment as it had to Teresa.