Double Payment Loan Dispute

Summary

Review your loan agreement to understand your rights and responsibilities. Generally, lenders should not take double payments without your consent, but specifics can vary.

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Just wondering, I have an installment loan with Advance America and they neglected to take a payment out. I am set up on automatic payments however for one reason or another they did not process the payment on the 3rd of November. Funds were there for them to take. Now they are saying that if I do not make a payment they will take both payments on the next date of Nov 20th. Can they take double payments if I did not agree to that? It was not my doing that they did not take the money at the beginning of the month.
Hello ****, it's important to review your loan agreement. This document should detail your rights and responsibilities, including circumstances like this. Generally, they should not be able to take double payments without your consent, but this can depend on the specifics of your agreement.