lloyds overdraft

kitkat004

I have a lloyds overdraft and recently it has been getting out of control,i have moved around a bit recently due to housing problems and im currently sleeping on a friends sofa. I visited lloyds 4 weeks ago to ask them to close my account,so i can pay off my existing balance of £100(50 over my overdraft limit). They said they couldnt close my account untill it was paid off. I spoke to an adviser at lloyds and she told me to phone customer advice,which i did and all they could do was stop the £10 a day charge for 6 months. I have no job am new to the area i live and i cant afford these payments,i wrote to lloyds telling them everything and ive heard nothing from them. Ive run out of ideas now and i dont know what to do,can anyone help me!!! kitkat004

Fiddlestick

kitkat004 wrote: »

I have a lloyds overdraft and recently it has been getting out of control,i have moved around a bit recently due to housing problems and im currently sleeping on a friends sofa. I visited lloyds 4 weeks ago to ask them to close my account,so i can pay off my existing balance of £100(50 over my overdraft limit). They said they couldnt close my account untill it was paid off. I spoke to an adviser at lloyds and she told me to phone customer advice,which i did and all they could do was stop the £10 a day charge for 6 months. I have no job am new to the area i live and i cant afford these payments,i wrote to lloyds telling them everything and ive heard nothing from them. Ive run out of ideas now and i dont know what to do,can anyone help me!!! kitkat004

Do you have a job?

Are you on benefits?

If they have stopped the charges for 6 months, can you really not find £50 over 6 months?

That's only £7-odd per week,

kitkat004

i dont have a job and im not on benefits am new to the area and have no support.they are still adding £5 charges everyday so no unfortunatly i cant afford to even if i had money id be paying off money and within days they would add it bac on again,feels like i cant win

Lokolo

If you are unemployed - why are you not claiming JSA?

stig.of.the.dump_2

Hi write a letter to them explaining circumstances,telling them how much you can afford/or not ?? and pay that sum on a set date each month . You could also ask them to freeze any further charges. I have recently delt with Lloyds myself and I have managed to come to an arangement with them.
Hope this helps.
P.S Record all mail posted.

Stig.of.the.dump

kitkat004

I recently wrote to lloyds explaining my circumstances and have had no reply. I sent this letter 4 weeks ago. You need a postal address to claim benefits and i dont have a reliable one to use so i cant have benefits.thanx anyway.

jonesMUFCforever

There is no £5 daily fee with Lloyds accounts - and you have access to the internet - pull the other one here you are having a laugh!

kitkat004

thats what the customer advice lady said to me,working for lloyds herself i guess she would know!actually i dont have internet access im staying over at a friends to use hers for the evening.not that its any of your business!!if you cant help or say something nice dont say anything at all.why would i bother saying it if it wasnt true????

jonesMUFCforever

To wind people up that's why.
I still don't believe a bit of your tale.

platterfish

jonesMUFCforever wrote: »

There is no £5 daily fee with Lloyds accounts - and you have access to the internet - pull the other one here you are having a laugh!

There is both a £5 and £10 unplanned overdraft daily fee with Lloyds, they will charge this a max of 8 times a month and the value depends on how much overdrawn you are - have a read of this http://www.lloydstsb.com/media/lloydstsb2004/pdfs/banking_charges_brochure.pdf , page 4. As others have mentioned, surely you are entitiled to some type of benefits to assist you?

iereboy

You have to ring the Customer Support Unit.

They will help you. They help people with financial difficulty. It is a free phone number. Ring them tomorrow morning. They can help you get out of your overdraft and come up with a repayment plan.

You have to ring them asap.

There is a £5 daily useage fee. If you go overdrawn by over £10 but less than £25.