if the card owner change the atm card pin,can auto debt work again?pls i need ugent answer thank

Yes. It works irrespective of card pin change.

Polaris1:
Yes. It works irrespective of card pin change.

PLS I WANT TO ASK AGAIN IF THERE CAN BE AUTO DEBIT IN AN ANOTHER ACCOUNT THAT IS NOT LINK TO AUTO DEBIT

Yes.
Other accounts of the same person be debited too.
IT DEPENDS on the terms you agreed to when you signed the auto debit agreement.
1. Debit account 123xxx only.
2. Debit any or all accounts belonging to me here and/or any other financial institution.
If you signed to (2), one or, some of, or all your accounts can be debited.

Polaris1:
Yes.
Other accounts of the same person be debited too.
IT DEPENDS on the terms you agreed to when you signed the auto debit agreement.
1. Debit account 123xxx only.
2. Debit any or all accounts belonging to me here and/or any other financial institution.
If you signed to (2), one or, some of, or all your accounts can be debited.

thanks,it was only one card that i summited and verified with them,so i have not even collected the card of the other bank,so what will happen llke that?

Check the documents you agreed to.
You didn't provide enough details:
- do you owe a bank or loan app
- do you owe a business partner
- did you authorize auto debit for other things like school fees, church donations, rent, telecoms etc.
Did you provide your bvn
Banks and loan apps would like go after all your known accounts anywhere.
The most important thing is the agreement you signed. It should be stated there if other accounts can be levied.
You may need to talk to a knowledgeable person near you for more advice.

Polaris1:
Check the documents you agreed to.
You didn't provide enough details:
- do you owe a bank or loan app
- do you owe a business partner
- did you authorize auto debit for other things like school fees, church donations, rent, telecoms etc.
Did you provide your bvn
Banks and loan apps would like go after all your known accounts anywhere.
The most important thing is the agreement you signed. It should be stated there if other accounts can be levied.
You may need to talk to a knowledgeable person near you for more advice.

it's loan app and i only verified one atm card with them and i did not give standing order on any other bank card

seglabsy:
it's loan app and i only verified one atm card with them and i did not give standing order on any other bank card

Fear not..they can only autodebit the atm linked to that account.
If e to much.. deactivate the atm and get new one
By d way..which loan app are we talking here

Automolite:
Fear not..they can only autodebit the atm linked to that account. If e to much.. deactivate the atm and get new one By d way..which loan app are we talking here

L CREDIT AND CABON

seglabsy:
L CREDIT AND CABON

U should worry abt Carbon. Ur wallet account is basically a WEMA Bank account. Though dey won't embarrass u. But since ur acct is being run by WEMA bank, it won't be difficult to debit ur other bank accounts.

Automolite:

U should worry abt Carbon. Ur wallet account is basically a WEMA Bank account. Though dey won't embarrass u. But since ur acct is being run by WEMA bank, it won't be difficult to debit ur other bank accounts.

are you saying i borrowed from wema bank indirectly like that?because i dont have their card i only have gtb no other bank card linked,[2]if say another atm card is requested from my bank,is that the best?

seglabsy:
are you saying i borrowed from wema bank indirectly like that?because i dont have their card i only have gtb no other bank card linked,[2]if say another atm card is requested from my bank,is that the best?

1. Yes, that carbon wallet is linked to WEMA bank. For an extreme case of loan default/recovery, they "may" be forced to had over ur BVN to WEMA bank or Credit Bureau.
2. For Lcredit, loan sharks have no business creating a bank account for u, even the best of them (palmcredit) doesnt. What connects u is the atm. They send the loan request to ur gtb acct via the atm and debit it from the atm. That's why if there is no money, nothing to debit. But anyday money enta that acct, it will be wiped via autodebit.
The best bet is to request for a new card. Gtb will deactivate the old one linked to Lcash.
In summary..
Carbon is backed by a Deposit bank which gives them more power and resources, Lcash is just a loan shark company.

Automolite:

1. Yes, that carbon wallet is linked to WEMA bank. For an extreme case of loan default/recovery, they "may" be forced to had over ur BVN to WEMA bank or Credit Bureau.
2. For Lcredit, loan sharks have no business creating a bank account for u, even the best of them (palmcredit) doesnt. What connects u is the atm. They send the loan request to ur gtb acct via the atm and debit it from the atm. That's why if there is no money, nothing to debit. But anyday money enta that acct, it will be wiped via autodebit.
The best bet is to request for a new card. Gtb will deactivate the old one linked to Lcash.
In summary..
Carbon is backed by a Deposit bank which gives them more power and resources, Lcash is just a loan shark company.

OK THANKS SO MUCH FOR YOUR RESPONSE

Automolite:

1. Yes, that carbon wallet is linked to WEMA bank. For an extreme case of loan default/recovery, they "may" be forced to had over ur BVN to WEMA bank or Credit Bureau.
2. For Lcredit, loan sharks have no business creating a bank account for u, even the best of them (palmcredit) doesnt. What connects u is the atm. They send the loan request to ur gtb acct via the atm and debit it from the atm. That's why if there is no money, nothing to debit. But anyday money enta that acct, it will be wiped via autodebit.
The best bet is to request for a new card. Gtb will deactivate the old one linked to Lcash.
In summary..
Carbon is backed by a Deposit bank which gives them more power and resources, Lcash is just a loan shark company.

THEN I WANT TO ALSO ASK IF DURING MY REQUEST FOR ANOTHER CARD MONEY ENTER MY ACCOUNT, CAN I STILL WITHDRAW THE MONEY VIA OTHER MEAN APART FROM VIA ATM?

seglabsy:
THEN I WANT TO ALSO ASK IF DURING MY REQUEST FOR ANOTHER CARD MONEY ENTER MY ACCOUNT, CAN I STILL WITHDRAW THE MONEY VIA OTHER MEAN APART FROM VIA ATM?

Yes, transfer and over d counter withdrawal will still work perfectly. Just tell CS dt ur card go lost in transit so d card wud be blocked dt day. gtb shud be able to give u one of those their Instant Cards dt same day, but if not, then provide u a new one in 1 wk.

Automolite:

Yes, transfer and over d counter withdrawal will still work perfectly. Just tell CS dt ur card go lost in transit so d card wud be blocked dt day. gtb shud be able to give u one of those their Instant Cards dt same day, but if not, then provide u a new one in 1 wk.

oh thanks for much

Automolite:

Fear not..they can only autodebit the atm linked to that account.
If e to much.. deactivate the atm and get new one
By d way..which loan app are we talking here

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Jephtar89:


What about FairMoney?

Na the same format. As long as u no bind ur ATM.