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Dilemma... Forgotten account & overdraft
paulmancuk
Posts: 1 Newbie
Hi, I've had this dilemma for quite a while now and really don't know what to do...
January 2007 I had a Nationwide bank account, I wrote a cheque and it bounced, putting me £28 into an unauthorised overdraft, I then got charged £28 for going into the red when I didn't have an authorised overdraft.
I phoned Nationwide and they wouldn't let me off either charge so I opened up a HSBC account and had my wage paid in there instead.
I received monthly statements adding £20 per month to my debt, last time I remember it was £200 into an unauthorised overdraft.
Then all the reclaim your bank charges thing kicked off so I started that process through one of the many 'reclaim your charges' companies. They owed my over £1000 charges over the last 6 years. They refused to pay up and my account was officially put on hold by the bank. I did not receive anymore monthly statements/unauthorised charges statements.
Then reclaim your bank charges went to the Supreme Court and the banks kind of won over the DTI, so only those in hardship could claim. I received a letter from Nationewide saying the banks had won and they will not pay me any of the last 6 years charges back.
They did not however mention my account in its current capacity, which if they had carried on adding £20pm would be a few hundred pounds in the red
I presume they hadn't been adding £20pm whilst the bank charges case was at the Supreme Court and the account on hold. But after the letter (about 12 months ago) stating the DTI had lost..
> Could they of started charging again?
> Even without notifying me as previously done about monthly charges?
> And since there has been no contact, should I carry on ignoring this acccount, hoping its gone for good or face the music and see how much I owe?
> Or should I send it all to the Financial Ombudsman as the whole debt is made up of charges
Thanks for reading!
January 2007 I had a Nationwide bank account, I wrote a cheque and it bounced, putting me £28 into an unauthorised overdraft, I then got charged £28 for going into the red when I didn't have an authorised overdraft.
I phoned Nationwide and they wouldn't let me off either charge so I opened up a HSBC account and had my wage paid in there instead.
I received monthly statements adding £20 per month to my debt, last time I remember it was £200 into an unauthorised overdraft.
Then all the reclaim your bank charges thing kicked off so I started that process through one of the many 'reclaim your charges' companies. They owed my over £1000 charges over the last 6 years. They refused to pay up and my account was officially put on hold by the bank. I did not receive anymore monthly statements/unauthorised charges statements.
Then reclaim your bank charges went to the Supreme Court and the banks kind of won over the DTI, so only those in hardship could claim. I received a letter from Nationewide saying the banks had won and they will not pay me any of the last 6 years charges back.
They did not however mention my account in its current capacity, which if they had carried on adding £20pm would be a few hundred pounds in the red
I presume they hadn't been adding £20pm whilst the bank charges case was at the Supreme Court and the account on hold. But after the letter (about 12 months ago) stating the DTI had lost..
> Could they of started charging again?
> Even without notifying me as previously done about monthly charges?
> And since there has been no contact, should I carry on ignoring this acccount, hoping its gone for good or face the music and see how much I owe?
> Or should I send it all to the Financial Ombudsman as the whole debt is made up of charges
Thanks for reading!
0
Comments
-
I'm going to bump this so someone with more advice than me can advise. Good luck and I hope you get sorted.If you've nothing decent to say, perhaps you shouldn't say anything.
£2 savings jar £300:D
Total credit card debts £1250:mad::mad::mad::mad::mad: - Will I ever learn!!0
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