"Failed Payment" - but nobody knows?
"Failed Payment" - but nobody knows?
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Discussion

anonymous-user

Original Poster:

84 months

Thursday 7th September 2017
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[redacted]

rog007

5,831 posts

254 months

Thursday 7th September 2017
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Send the car company a cheque?

As you intimate, they will have to be paid with real money at some point.


Ahbefive

11,657 posts

202 months

Thursday 7th September 2017
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Leave it in the account for a long time, maybe 6 months to a year. If still nothing I'd say you can probably keep ot. Congrats.

Butter Face

35,054 posts

190 months

Thursday 7th September 2017
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It will be noticed, they'll be in touch for sure.

Magic919

14,561 posts

231 months

Thursday 7th September 2017
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It's another one of those 'moral dilemma' threads that is anything but. I'm sure the OP understands the legal position given his background.

foxsasha

1,467 posts

165 months

Thursday 7th September 2017
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I had an argument with the HMRC last week where they were insisting I'd paid nearly £3k more than I'd actually paid. Took a while before they finally realised they'd allocated one payment twice. You just know that, if I hadn't pushed the point to resolution, then at some point down the line they'd realise and their default position would be I owed them money, all my fault, payment overdue, legal action threatened etc.

768

20,762 posts

126 months

Thursday 7th September 2017
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Sounds like you've done your bit. Just keep the money available and wait.

anonymous-user

Original Poster:

84 months

Thursday 7th September 2017
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If the last contact in the chain is a letter from them saying all is well, I would sit tight for now


MrBarry123

6,108 posts

151 months

Thursday 7th September 2017
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768 said:
Sounds like you've done your bit. Just keep the money available and wait.
This.

TwistingMyMelon

6,517 posts

235 months

Thursday 7th September 2017
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Just keep the money aside for a few months, record all conversations/emails/letters and get on with life

I had similar a few years ago, was only a grand, kept asking the company to take the money they didnt, I ended up better off

Zetec-S

6,929 posts

123 months

Thursday 7th September 2017
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At some point the company will notice. It might be next week, it might be next year. The more time goes by the less likely they are to chase you for it, but it's no guarantee. If they really won't take your money then keep all correspondence, and put the money aside somewhere and forget about it for a few years.

If you do, it might be worth contacting them again in 12 months time and get them to put something in writing again.

DocJock

8,722 posts

270 months

Thursday 7th September 2017
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MrBarry123 said:
768 said:
Sounds like you've done your bit. Just keep the money available and wait.
This.
I agree.

You have informed them of their error and they have declined to rectify it. Let them do the legwork from now on.

KevinCamaroSS

13,848 posts

310 months

Thursday 7th September 2017
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DocJock said:
MrBarry123 said:
768 said:
Sounds like you've done your bit. Just keep the money available and wait.
This.
I agree.

You have informed them of their error and they have declined to rectify it. Let them do the legwork from now on.
I also agree with all the above.

maffski

1,905 posts

189 months

Thursday 7th September 2017
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Sounds like the payment was authorised but never settled on their side. Chances are they won't notice until they reconcile their records with the their bank and CS staff are unlikely to have any access to this side of things so will only be able to see that on their system you've paid it off.

It may well be that the business simply has a policy of writing these costs off. Much smaller scale but one place I worked at we never challenged charge backs on cards, once we had worked out the time required it was just cheaper to absorb the cost.

Calling them back, writing letters, etc. won't work as it simply won't fit into their processes. Just hang onto the money and wait to see if they figure it out.

LordHaveMurci

12,338 posts

199 months

Thursday 7th September 2017
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Zetec-S said:
At some point the company will notice. It might be next week, it might be next year. The more time goes by the less likely they are to chase you for it, but it's no guarantee. If they really won't take your money then keep all correspondence, and put the money aside somewhere and forget about it for a few years.

If you do, it might be worth contacting them again in 12 months time and get them to put something in writing again.
They may notice, they may not.

I'm in the 'sit on it' camp like so many other posters, you've done more than most people would have already.

Ean218

2,045 posts

280 months

Thursday 7th September 2017
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Chuck it into premium bonds, you may get lucky, plus you can cash it back out if they do demand it back.

Zoon

7,305 posts

151 months

Thursday 7th September 2017
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anonymous said:
[redacted]
My father-in-law had a new car and they never took the payments from the bank. He assumed they would take a double payment the following month but didn't. 3 years later he sold the car with only ever paying the deposit in the showroom. Nobody ever chased him for money.
It does happen, but pretty sure it's a rare occurrence.

malks222

2,300 posts

169 months

Thursday 7th September 2017
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what if your bank have refunded/ cancelled the transaction at your end because you have reported the card as lost? Maybe something happened at that end, eg the card has been reported lost- system thinks its a fraudulent transaction, refund the customer, but not reversed/ cancelled at the other end....

I'd have thought the bank would've been on it a lot quicker. but def just sit on the cash for now.

JagerT

455 posts

137 months

Thursday 7th September 2017
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idea In order to put your mind at rest I have a special escrow account you can keep it in,it pays 22% interest. Put it in there and if the Company asks for it I can pay them,and forward the rest to you.
Trust me . rolleyes

blindswelledrat

25,257 posts

262 months

Thursday 7th September 2017
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Sounds to me that the most likely answer is confusion with the fraud department.
As far as I am aware if you report a lost card the fraud department immediately suspends/holds/stops any unusual payments (and subsequently gets your authorisation for them or returns them to you)

My guess is that this department has refunded you the amount and the amount is sitting there as 'stolen' by the car company to be investigated at a future date.