We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Student Accounts
Options

tom1987_2
Posts: 6 Forumite
Needing some advice....
Started at one Uni in 2005, when i turned 18 i took out an overdraft with RBS. Originally i took 400, a year later up to 1100. I then left that course but didnt tell the bank as i couldn't pay it back. Its now at 1600 but the account only lasts till Jun.
How long will I have to pay this back?
I also now have another £500 overdraft with Lloyds but can't extend this in my first year.
Thanks for the help
Started at one Uni in 2005, when i turned 18 i took out an overdraft with RBS. Originally i took 400, a year later up to 1100. I then left that course but didnt tell the bank as i couldn't pay it back. Its now at 1600 but the account only lasts till Jun.
How long will I have to pay this back?
I also now have another £500 overdraft with Lloyds but can't extend this in my first year.
Thanks for the help

0
Comments
-
Should add - Im in the first year of a new course0
-
More than likely straight away.0
-
You aren't supposed to have two student bank accounts, the terms and conditions usually state they must be your main current account. Need to sort this mess out before they call in the debt.
You should be able to pay this back whilst studying if you are careful with your money - post a Statement of Affairs on the DFW board for comments.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards