is this legal

dmg24

mojoegoonie wrote: »

[FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=-1]We would not generally expect a firm to use ‘set off’ before giving the customer a reasonable opportunity to pay the debt. However, what is ‘reasonable’ might depend on the customer and the history of the account.[/SIZE][/FONT]

[SIZE=-1][FONT=Verdana, Arial, Helvetica, sans-serif]hmm seems harsh i had only one letter the other day and have had the card for years never missed a payment on any thing in over 10 years easy only have a very very small debt semms like they fot it in for me ohh well lesson learned[/FONT][/SIZE]

Don't be so silly, they have not got it in for you. You broke the terms of your agreement, they even wrote to you to tell you this. Banks are businesses, they don't do hugs and soothing sounds!

lisyloo

Sorry some of the replies haven't appeared overly sympathetic.
However the advice is to always keep your creditors informed.
They cannot help you if they don't know about your situation.
Did you tell tehm about losing your job?

soul619

too many people fail to read there terms when they take out credit agreements!

you owe them of course they can take it then sensible thing would have been to tell them in advance there more helpful that way

mojoegoonie

thanks lisyloo (for your sympathetic view) i have noticed people on this forum CANT WAIT to tell you how wrong you are or what a mess you have made ,

mojoegoonie

SOUL619
too many people fail to read there terms when they take out credit agreements!

I mean please get a life mate no one sits and reads through that thing seriously i bet its like 1 in 1000 people who read it

SOUL619
you owe them of course they can take it then sensible thing would have been to tell them in advance there more helpful that way
YES that would have been the sensible thing to do but guess what i didnt do it so that makes me a very bad man tut tut did i even ask what the sensible thing to do was if everyone did the sensible thing no one would need to post any thing on here

mojoegoonie

INFACT soul619 i bet your on this forum because you have a shed load of debts right ! i myself have only 2 debts £700 and £500 and nothing else anyware so why not take your own advice

woody01

mojoegoonie wrote: »

well according to them they cant the person i spoke to said no we cant do that its your money ??? and no its possible they dont want to come to an agreement but you cant get blood from a stone no one want to lose there job but these things happen

Sorry, but whoever you spoke to was wrong.
That CAN offset from your bank account if they want to and there is nothing legally you can do.

They cannot touch the money if it is benefits though.

MOJOEGOONIE
Having just read through your replies on this thread, the best advice i can give is this.
Let the bank take what they want from your account!
You and your family won't starve as that MASSIVE chip on your shoulder could feed a town for a month.

CannyJock

soul619 wrote: »

too many people fail to read there terms when they take out credit agreements!

You're probably right, but it's not always obvious from the definition what it actually means.

We're talking about Barclaycard Terms and Conditions where it does say:


5.6 If any amount remains outstanding, you authorise us to offset such amount from any amounts that you may have in credit in any of your accounts with the Bank.

Not knowing what a clause means doesn't make it invalid of course

CannyJock

woody01 wrote: »

MOJOEGOONIE
Having just read through your replies on this thread, the best advice i can give is this.
Let the bank take what they want from your account!
You and your family won't starve as that MASSIVE chip on your shoulder could feed a town for a month.

Why did you feel the need to edit your post to add that garbage at the end? You almost made it all the way through and offer something constructive.

mojoegoonie

anyway im off to college so last post thanks to everyone for the serious posts nice to know there are people willing to help others with out criticizing regards joe