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Car finance ›
How to change my Direct Debit collection date?
Updated: Monday, 18 September 2023
Setting up a Direct Debit is a great way of making sure all your payments are made on time, plus it allows you to know when money is going to be coming out of your bank account. However, it’s equally important to make sure that the Direct Debit date works for you.
If you’d like to change your Direct Debit date to help you to better manage your payments, then please be aware that dependent on what date you change it to, you could end up paying 2 vehicle finance payments in 1 month. So please make sure this won’t impact you negatively before making this change. Check out the video at the bottom of the page to understand how your payment date works.
To change your monthly Direct Debit payments, please choose from one of the following options:
Setting up a Direct Debit is a great way of making sure all your payments are made on time, plus it allows you to know when money is going to be coming out of your bank account. However, it’s equally important to make sure that the Direct Debit date works for you.
If you’d like to change your Direct Debit date to help you to better manage your payments, then please be aware that dependent on what date you change it to, you could end up paying 2 vehicle finance payments in 1 month. So please make sure this won’t impact you negatively before making this change. Check out the video at the bottom of the page to understand how your payment date works.
To change your monthly Direct Debit payments, please choose from one of the following options:
My Moneybarn
You can change the date of any Direct Debit payments under your agreement via your My Moneybarn account. Your My Moneybarn account is available 24 hours a day, 7 days a week, 365 days a year.
My Moneybarn
You can change the date of any Direct Debit payments under your agreement via your My Moneybarn account. Your My Moneybarn account is available 24 hours a day, 7 days a week, 365 days a year.
Customer Services​
If you are unable to do this through your account then please contact our Customer Services Team on 0330 555 1230. Our team will be happy to help and walk you through your options and how this works. Please see our contact us page for opening hours.
Customer Services​
If you are unable to do this through your account then please contact our Customer Services Team on 0330 555 1230. Our team will be happy to help and walk you through your options and how this works. Please see our contact us page for opening hours.
For more in-depth information on the ins and outs of changing your Direct Debit dates, watch the video below.
For more in-depth information on the ins and outs of changing your Direct Debit dates, watch the video below.
For a better road ahead
Moneybarn is a member of the Finance and Leasing Association, the official trade organisation of the motor finance industry. The FLA promotes best practice in the motor finance industry for lending and leasing to consumers and businesses.
Moneybarn is the trading style of Moneybarn No. 1 Limited, a company registered in England and Wales with company number 04496573, and Moneybarn Limited, a company registered in England and Wales with company number 02766324. The registered address for these companies is: Athena House, Bedford Road, Petersfield, Hampshire, GU32 3LJ.
Moneybarn’s VAT registration number is 180 5559 52.
Moneybarn Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702781)
Moneybarn No. 1 Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702780)
