Misold/given loan not asked for

robp85

Ok so i had a flexi hsbc loan at 2500 limit i go into branch asked for 200.00 increase the guy says ok my limit is 2700 he can do that and will put in act, i check bal as also awaiting funds from a tenant and my workplace my mistake i pay around 1k to mort arrears i find out the bank put 2700 in act opening a whole new loan for 2700 i know i spent this but surely them giving a loan over there limit and not even asking for it would come under miselling or unfair lending?

Wutang_2

Robp85 wrote: »

Ok so i had a flexi hsbc loan at 2500 limit i go into branch asked for 200.00 increase the guy says ok my limit is 2700 he can do that and will put in act, i check bal as also awaiting funds from a tenant and my workplace my mistake i pay around 1k to mort arrears i find out the bank put 2700 in act opening a whole new loan for 2700 i know i spent this but surely them giving a loan over there limit and not even asking for it would come under miselling or something?

Your ob not that bothrd

freeoffers

Robp85 wrote: »

the bank put 2700 in act opening a whole new loan for 2700 i know i spent this but surely them giving a loan over there limit and not even asking for it would come under miselling or something?

Surely this is lke sayimg the credit card company upped my limit so i spent up to my limit. don tstart trying to worm your way put, just pay back what you spent, thats the idea of loans.

_Andy_

Robp85 wrote: »

Ok so i had a flexi hsbc loan at 2500 limit i go into branch asked for 200.00 increase the guy says ok my limit is 2700 he can do that and will put in act, i check bal as also awaiting funds from a tenant and my workplace my mistake i pay around 1k to mort arrears i find out the bank put 2700 in act opening a whole new loan for 2700 i know i spent this but surely them giving a loan over there limit and not even asking for it would come under miselling or unfair lending?

Come again?

robp85

Im not trying to get out of paying anything back im the last to be told to pay your debt it is my job to do that i have been paying it since was opened but if the bank gave me more credit well above there credit lending limit and as a result putting me 2.7k in extra debt that i could do without while preparing financially for my baby due in 3 months im not looking for the loan to be closed as it was still funds i spent but if theres anything i can do to help with it im sure to god ill give it a shot just looking for advise not judgement

Beast

Surely you're an adult and can make your own choices?

Apples2

Beast wrote: »

Surely you're an adult

Not judging by his post he isn't. I think some little tyke has got hold of his dad's Laptop.







.

[Deleted User]

Robp85 wrote: »

Im not trying to get out of paying anything back im the last to be told to pay your debt it is my job to do that i have been paying it since was opened but if the bank gave me more credit well above there credit lending limit and as a result putting me 2.7k in extra debt that i could do without while preparing financially for my baby due in 3 months im not looking for the loan to be closed as it was still funds i spent but if theres anything i can do to help with it im sure to god ill give it a shot just looking for advise not judgement

didnt you realise that you had the extra money in your acct. BEFORE you spent it?

Tubbss

Please can you use punctuation. Your post is illegible. What is the question?

~Brock~

OP, you obviously have an issue with your lender for some unfathomable reason, and more than likely are looking for excuses to justify not paying it back or you wouldn't even be posting the type of message you did.

The only advice I can give you is to move over to the DFW board, assuming you are actually struggling to pay your creditors. Over the you will get...

1. Plenty of allowance for your obvious limited grasp of our native language.
2. Lots of cuddles.

Alternatively you can stay here and ponder over how ridiculous your original post sounds.

triticale

Robp85 wrote: »

Im not trying to get out of paying anything back im the last to be told to pay your debt it is my job to do that i have been paying it since was opened but if the bank gave me more credit well above there credit lending limit and as a result putting me 2.7k in extra debt that i could do without while preparing financially for my baby due in 3 months im not looking for the loan to be closed as it was still funds i spent but if theres anything i can do to help with it im sure to god ill give it a shot just looking for advise not judgement

Surely if you spent the extra by mistake as you were waiting on funds from a tenant and your workplace, then once they went in you were back on track?

Or did you just see the extra money and decide to go buy shiny things, hoping they wouldn't ask for it back?

I am beginning to see why people on here end up so cynical and bordering on rude, when reading this tripe so often.