Can the bank take your money to pay on your debt to them?
Long story but would prefer not to give details.
I put some money into my bank this morning (soley for the purpose of doing a money transfer to my step mom for my car insurance which is WAY overdue to her).
Went on my online banking today, and seen that money has been taken out. I freaked out.
Then I seen it was put onto my line of credit ( I have not made a payment since December 09' due to my situation).
Can they just take money like this from my account even though I had not authorized it? Can they do this without letting me know? What if I had went to get groceries?
I know it is my fault (my debts) but my situation right now is not. I am quite angry and im never angry so .... ugh.
Thanks for replying in advance.