NatWest (merged)

Penny-Pincher!!

Hi

I did an online claim through moneyclaim and it was issued to Natwest on the 11th january 2007. Is the 5 days plus 14 days up today as they havent defended yet

Can I hit the button?

PP
xx

nickmack

Penny-Pincher!! wrote:

I did an online claim through moneyclaim and it was issued to Natwest on the 11th january 2007. Is the 5 days plus 14 days up today as they havent defended yet

Can I hit the button?

You can try, but you will probably find you can't proceed. Banks are well known for filing a defence at the very last second!!

Penny-Pincher!!

just looked at peperwork and it states they have till the 30th January (tomorrow)...can I press the button at 00.01 ....they still havent defended...fingers x'd!

PP
xxx

bigcathy

I currently have a student account and a current plus account with natwest, both of which have overdrafts. I have had about £400 worth of charges, with charges on my student account being £38 a time, and would obviously like to claim them back. however, I am a little worried after reading that banks may close your account as i cant afford to pay off my overdraft and cant open a new student account as you can only have one. is it worth trying to reclaim the charges if there is the chance of my account being closed as this may leave me in a bigger financial mess? if anyone could help me with this i would be grateful.

Gribbit

Well, I read up on this and got myself prepared for the long battle ahead. I already had my statements going back 6 years so it was just a matter of listing the charges and calculating the interest. I sent my letter to Natwest customer relations claiming £628 plus £134 interest on 17/01/07. On the 22/01/07 I got a letter defending their position and the validity of their charges but as a gesture of goodwill they would settle for £628. They aren't going to pay the interest I claimed. To be honest, I'm pretty happy with that and have replied saying as much. Was amazed at how quickly it happened and with absolutely no fuss at all. I only sent one letter and got my result in less than a week!

nickmack

bigcathy wrote:

is it worth trying to reclaim the charges if there is the chance of my account being closed as this may leave me in a bigger financial mess? if anyone could help me with this i would be grateful.

Only you can decide. No one can say for sure whether your account will be closed or not. It has happened and could happen to you, so you need to be aware.

If there's no possibility of you repaying your overdraft, maybe it's better to wait until you're in a position to do so before you claim.

bloomfieldbird

Just wondered....has anybody that has claimed with an overdraft been told they have to pay the whole amount back?

Thanks in advance!

ShakerSonicBen

nice one gribbit.

i cant wait to get going.

Gribbit

ShakerSonicBen wrote:

nice one gribbit.

i cant wait to get going.

Cheers mate. I don't know if I am the exception to the rule but I can't believe how easy it was. One letter is all it took.

nickmack

bloomfieldbird wrote:

Just wondered....has anybody that has claimed with an overdraft been told they have to pay the whole amount back?

Yes, it has happened.