Help with lloyds tsb account

006109171

This is my first post so please bare with me. I am after so advice/help with paying off my Lloyds TSB overdraft. I have been trying to pay off my Lloyds TSB overdraft after switching banks account, I have been paying a standing order of £30 per month for 3 1/2 years which would leave approx £200 left to pay. However my current balance stands at over £1400 due to the number of charges that Lloyds keep applying to my account. After speaking to them they said that after 6 months I need to contact the bank and start a new 6 month contract to pay off my account. However, I receive no letters or phone call stating this. Therefore after the 6 month period Lloyds add charges for letting my account go over the agreed overdraft even though I am still paying my standing order and have never missed a month.. I have contacted Lloyds but they stated that the charges were justified and that they would not be removed. Can anyone please give me so advice/help as I don't know what to do next.

Rgds

di3004

006109171 wrote: »

This is my first post so please bare with me. I am after so advice/help with paying off my Lloyds TSB overdraft. I have been trying to pay off my Lloyds TSB overdraft after switching banks account, I have been paying a standing order of £30 per month for 3 1/2 years which would leave approx £200 left to pay. However my current balance stands at over £1400 due to the number of charges that Lloyds keep applying to my account. After speaking to them they said that after 6 months I need to contact the bank and start a new 6 month contract to pay off my account. However, I receive no letters or phone call stating this. Therefore after the 6 month period Lloyds add charges for letting my account go over the agreed overdraft even though I am still paying my standing order and have never missed a month.. I have contacted Lloyds but they stated that the charges were justified and that they would not be removed. Can anyone please give me so advice/help as I don't know what to do next.

Rgds

Hello and welcome.;)

In regards of reclaiming charges you can post on the reclaim charges thread here:
http://forums.moneysavingexpert.com/forumdisplay.html?f=102

If you have been mis sold the PPi (payment protection insurance) you are in the right thread here, for more information on this check this here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

There is also a very helpful thread called debtwannabe thread, that can help you on this matter, here:
http://forums.moneysavingexpert.com/forumdisplay.html?f=76

Hope this is resolved soon and in regards of reclaiming ppi, feel free to post up for help on this thread, good luck.;)