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Originally Posted by Lady Sage
Direct debit is the DEVIL!!!! More than half of all the fraud cases I deal with are direct debit. It is a service that while convenient can have adverse effects like warrrreagl pointed out in his post. Direct debit is murder to try to stop.
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How can fraud with direct debit be so widespread? A company that use direct debit will surely loose its privileges if they try to scam people. Erroneous chargers is another thing, but hardly much of a problem either. I have direct debit on most recurring bills and different limits on each of them. I'm also able to stop the bills manually, since they're visible online 15-20 days before they take effect.