Please help...yorkshire bank o/d fees

merlinbailey

Hi,

My partner has been temporarily laid off from work, which means this week when the rent paid we went £63 over our o/d limit.

We instantly incurred £25 fee

Yorkshire bank have refused to extend our o/d or offer a loan (which we didn't want anyway.

Can anybody explain for me how much charges we will incur daily, as we have £175 coming in on Friday. However, we would quite like to eat next week!

If anybody can offer some advice, that would be great as i'm beginning to panic!

Car booting tomorrow, to see if we can raise some money!

Thank you...:o

YorkshireBoy

merlinbailey wrote: »

Yorkshire bank have refused to extend our o/d

Extend it? You mean you've already used all that available to you?

Can anybody explain for me how much charges we will incur daily, as we have £175 coming in on Friday. However, we would quite like to eat next week!

Debit interest here...

http://www.ybonline.co.uk/personal/current-accounts/interest-rates-and-charges/

...and charges here...

http://www.ybonline.co.uk/personal/current-accounts/interest-rates-and-charges/charges-table/table-of-charges-personal-current-accounts

If anybody can offer some advice, that would be great

1. Build up some rainy day savings.
2. A credit card can be a useful budgeting tool.

merlinbailey

Yes we are really struggling....in the last 8 months my partner has been laid off 3 months (hard for anybody to cope with no money for 3 months!)

We don't have a credit card....we avoid them!

Our only credit is our o/d, which is why i've said we didn't want a loan from the bank. However, yb said if we had a loan they would never give an o/d again and you had to be clear of o/d for 3 months to qualify for a loan....well I wont need a loan then!

We have always tried to steer clear of credit and debit before...so I don't really understand how to proceed.

Thanks:(

stator

Do YOU have a job? If not I don't think anyone will be able to give you a loan or a credit card. You could try getting YB to 'freeze' your account so that it accrues no more charges or interest and work out some kind of repayment plan of what you can afford. Open a "basic" account somewhere else though so that whatever money you have coming in, like benefits etc, won't get automatically taken off your overdraft.
You could also try citizens advice, consumer credit counselling etc