Santander withdrew my overdraft facility on my pay day with no warning!

anybloodybody

mmmmmmmmmmmmmmmmmmmmmm

simon_the_poet

HI
I wonder if the CCA 2006 unfair relations would be of any use.
I believe Overdrafts are covered by the CCCA.

Simon

vaporate

Letter lost in post...

Supply proof that they did send the letter.

Not good enough by Alliance.

simon_the_poet

[FONT=BookAntiquaParliamentary,Bold][FONT=BookAntiquaParliamentary,Bold]

140A Unfair relationships between creditors and debtors

[/FONT][/FONT]

(1) The court may make an order under section 140B in connection with a
credit agreement if it determines that the relationship between the
creditor and the debtor arising out of the agreement (or the agreement
taken with any related agreement) is unfair to the debtor because of one
or more of the following—
(a) any of the terms of the agreement or of any related agreement;
(b) the way in which the creditor has exercised or enforced any of
his rights under the agreement or any related agreement;
(c) any other thing done (or not done) by, or on behalf of, the
creditor (either before or after the making of the agreement or

any related agreement

stclair

7.4

General Conditions for all overdrafts

a) You can repay your overdraft, or cancel your Arranged

Overdraft at any time. If you cancel your Arranged

Overdraft you must pay off the whole of the overdrawn

balance on your current account as soon as possible and
no later than 30 days after you cancel it. You must also
pay all the fees and interest applicable to your overdraft.

b) We have the right to change your Arranged Overdraft

limit at any time. We can also require you to repay the

whole or any part of your Arranged and/or Unarranged

Overdraft at any time.

We will usually give you 30 days’ notice of our intention

to change your Arranged Overdraft limit or repay the

whole or any part of any overdraft, however we may

do either of these things without advance notice to you
where it would be reasonable for us to do so.

c) We also have the right to pay off or reduce any

overdrawn balance on your current account by

transferring funds from any other accounts you have

with us (other than a mortgage account).

http://www.santander.co.uk/csgs/StaticBS?blobcol=urldata&blobheader=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1223407123779&cachecontrol=immediate&ssbinary=true&maxage=3600

anybloodybody

mmmmmmmmmmmmmmmmmm

ffacoffipawb

Santander are just incompetent wa nkers, can you move your account elsewhere?

[Deleted User]

ffacoffipawb wrote: »

Santander are just incompetent wa nkers, can you move your account elsewhere?

agreed
Santander are like kids running around
Called them in middle of convo - hung up :mad:

Lokolo

anybloodybody wrote: »

Thank you for your concerns regarding this OP's mad and silly finances. They are indeed.
If it's any consolation, 'Payplan' are now helping with all our finances; And we've since opened a new account with 'Think Banking'.
This new account is where we now have our salaries paid into, and we have transferred all our DD's to this account.
We no longer have any overdraft facilty to rely on, and we no longer use the Alliance & Leicester/Santander account (except to watch the charges/interest increase £100 every month)...Isn't this what they wanted?
We didn't have any debt with the Alliance & Leicester/Santander, until all this kicked off.
I'm genuinely surprised (and embarrassed) at how surprised some of you are with the squalid state of my finances.
I know many hard working families that are experiencing similar financial difficulties. I truly envy you judgemental OP's.

We are moneysavingexpert. We aim to get people not paying for the debt, not sit in their overdraft for 5 years. People do it, and unless we are blunt and half harsh, they will not listen.

For example, see this thread:
https://forums.moneysavingexpert.com/discussion/2842516

The OP was given advice on what to do as they were in trouble. Did they listen? No.

The fact is, if you were truely on top of your finance, you wouldn't have relied on your overdraft for so long (yes, people do use it every now and again for shorterm borrowing). If you needed to borrow the money and pay it back over a number of a years, a loan would suffice.

simon_the_poet

Lokolo wrote: »

We are moneysavingexpert. We aim to get people not paying for the debt, not sit in their overdraft for 5 years. People do it, and unless we are blunt and half harsh, they will not listen.

For example, see this thread:
https://forums.moneysavingexpert.com/discussion/2842516

The OP was given advice on what to do as they were in trouble. Did they listen? No.

The fact is, if you were truely on top of your finance, you wouldn't have relied on your overdraft for so long (yes, people do use it every now and again for shorterm borrowing). If you needed to borrow the money and pay it back over a number of a years, a loan would suffice.

Sorry I said self righteous, I should have said sanctimonious,
You also mentioned a fart and hurricane springing to mind, I to sense a strong amount of wind.
Simon