HSBC overdraft charges HELP!

raylo

basically iv made a big mistake and i have gone £330 overdraft on my current account at HSBC. i do not have an arranged overdraft limit with HSBC because they wouldnt let me have one because i have a personal loan with them. so because i was able to withdraw money i thought nothing of it and never checked my balance. now i am worried about the bank charges i am going to recieve, i havent got the best income either which makes it worse! what sort of charges am i looking at? also is there anything i can do to try and cut the cost of the charge at all?

thanks

Lokolo

£25 every transaction you make that leads you into, or futher into, your unauthorised overdraft. Maximum of £125 a month.

opinions4u

I think Lokolo has answered the question.

Here's my suggestions:

1) Ask nicely for them to reimburse any charges when you are notified of them. If it's a "first offence" you may get lucky .
2) Learn from your mistake. Banks sting you for making mistakes, so don't make them again in future. It will save you a fortune!

Perhaps wandering over to the Debt-Free Wannabe part of the forum will help you make your meagre income go further!