Am so stressed with it all.

ciare

I have an authorised overdraft with Nationwide which is currently at 640 pounds, I pay 60 pounds per month until it clears.

The problem is they keep adding charges meaning that the amount keeps going up, even though I am paying each month.

Last time I paid, the balance was 600, but now it is 640, and it is really getting me down.

I only earn about 500 per months, and have to pay 30 pounds rent per week, plus other debts.

I can't see my way out of this mess, help.

bukko

Don't be stressed - this problem will not be with you forever.
Speak to the CCCS.
They can negotiate with Nationwide to get them to stop charges and interest.
I am 100% sure that they will do this for a £600 debt.
They did it for me for several debts, the biggest being £16,000.
http://www.cccs.co.uk/contact/contact.aspx

natweststaffmember

ciare wrote: »

I have an authorised overdraft with Nationwide which is currently at 640 pounds, I pay 60 pounds per month until it clears.

The problem is they keep adding charges meaning that the amount keeps going up, even though I am paying each month.

Last time I paid, the balance was 600, but now it is 640, and it is really getting me down.

I only earn about 500 per months, and have to pay 30 pounds rent per week, plus other debts.

I can't see my way out of this mess, help.

I think the first thing you need to do is request a list of the charges from July 2001.

Nationwide tend to pay out but only for the period where financial hardship began.
If there are priority debt arrears(mortgage/rent, council tax, utilities) then they may payout an interim amount.
Do you have any credit cards with charges on them or loans with PPI?