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Hsbc
InSeriousTrouble
Posts: 13 Forumite
The case is - we were 3 Business partners.
I solely took out the overdraft on the account.
Totallying 3,000gbp.
I made regular payments but the bank continued to charge overdraft charges and card fees.
Even though, the business cards expired months ago.
They continued to charge 75gbp for the cards and an additional 75gbp per month for interest charges for being over the overdraft.
They have now closed the account and withdrawn the whole amount from one persons flexi loan and savings account without any warning and further more continued to seek the remainder from a debt collection agency which totalled 350gbp.
A total amount off 3,800 gbp has been recovered and a total amount of 2,000 gbp was paid into the account for the original 3,000 gbp borrowed in 2007.
Furthermore, I wrote to the bank in 2008 to request the original credit agreement which was taken out and they failed to comply stating that although they could not find the original agreement, it does not mean that I do not have to pay back the overdraft.
I solely took out the overdraft on the account.
Totallying 3,000gbp.
I made regular payments but the bank continued to charge overdraft charges and card fees.
Even though, the business cards expired months ago.
They continued to charge 75gbp for the cards and an additional 75gbp per month for interest charges for being over the overdraft.
They have now closed the account and withdrawn the whole amount from one persons flexi loan and savings account without any warning and further more continued to seek the remainder from a debt collection agency which totalled 350gbp.
A total amount off 3,800 gbp has been recovered and a total amount of 2,000 gbp was paid into the account for the original 3,000 gbp borrowed in 2007.
Furthermore, I wrote to the bank in 2008 to request the original credit agreement which was taken out and they failed to comply stating that although they could not find the original agreement, it does not mean that I do not have to pay back the overdraft.
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