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Hsbc Cancelled My Overdraft

2ndtimelucky · 2009-12-31 08:54:36

Can anyone help or let me know where i stand here ive recently changed bank accounts from hsbc to tsb as the charges i was getting from them meant that no matter what i did my direct debits alone would put over my overdraft limit so i moved accounts i left my hsbc account at -690 with a 700 limit but then had another 150…

Comments

bengal-stripe Posts: 3,357 Forumite

6 January 2010 at 10:29AM

2ndtimelucky wrote: »

..........so i need to pay in £100 each month until cleared

But do take that agreement seriously and stick to it without fail. Do not miss a payment, or pay less
("this has been a bad month") and do not pay late.

The bank will not hesitate, to send the account to collection if you break the agreement.

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