HSBC Advice

jlanky81

HSBC has written to me asking how I intend to repay about my overdrawn balance of £245.

I've offered to repay them £20 a month in the hope that this will get them off my backs and eventually pay off the debt without me getting into a worse situation.

Do you think they'll accept this?

I've moved my everyday account to another bank, along with my direct debits and standing orders because I'd had enough of them.

Intergalactic_Floozie

When they asked me to repay my overdraft, I made them an offer of £100 per month (£1450 OD) and the lady said to me that it wasn't acceptable as it would take more than 12 months to pay off and asked me to pay £120 per month , so I reckon your offer of £20 per month should be okay. I wasn't banking with them either at the time, I had moved and not paid off the OD, however she did also say they would reduce the OD by £120 each month, and they didn't, I still have an OD facility of £1450 even though it is paid off, so maybe they will just take it off me all in one go in November?

notlongnow_2

After I was a student my overdraft was nearly 2K. I offered £25 a month and they accepted instantly.

hth.

TellTheTruth_2

You always offer less then you can afford.

a: If they accept then you have more spending money in your pockets.

b: If they do not accept, then you have that extra little bit to move up to which was your original intention in the first place.

Nick Smith

jlanky81

I sent a letter to their Customer Credit Services (some PO Box address in Salford), which was on the letter they sent to me with my offer of repayment at the beginning of last week and also asked that should they wish to discuss the matter further to write to me.

However, I'm still getting phone calls from 08007831488, which seems to be HSBC and I aren't answering them.

I feel harrassed and also worried that they've perhaps not received the letter I sent