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serious dilema!
legoman
Posts: 332 Forumite
me again,
so i'm with payplan, paying token payments of £1 to creditors. one of them i am unable to pay as i have a loan with them that hasn't started yet.
this is with barclays. it is a business loan of £16000. i need to make three payments starting in march of £333 each before payplan can help.
i had a statement through from barclays saying i have been charged for returned direct debits. - i am currently awaiting my cheque from hsbc regarding fees -. the charges amount to £205 for a few days. this will be taken out on december 28th!
my dilema is, if i ask for these charges back like i have for hsbc they will close the account and demand the £16000 back!! this WILL be devistating for me. however, i dont want the bloody charges to be taken out on the 28th. i know my business manager that manages the account but he seems powerless to help me.
what do i do, get the charges and risk having the account closed and money demanded from me or do it and hope the account stays open....
i can't figure this out on my own.
mike.
so i'm with payplan, paying token payments of £1 to creditors. one of them i am unable to pay as i have a loan with them that hasn't started yet.
this is with barclays. it is a business loan of £16000. i need to make three payments starting in march of £333 each before payplan can help.
i had a statement through from barclays saying i have been charged for returned direct debits. - i am currently awaiting my cheque from hsbc regarding fees -. the charges amount to £205 for a few days. this will be taken out on december 28th!
my dilema is, if i ask for these charges back like i have for hsbc they will close the account and demand the £16000 back!! this WILL be devistating for me. however, i dont want the bloody charges to be taken out on the 28th. i know my business manager that manages the account but he seems powerless to help me.
what do i do, get the charges and risk having the account closed and money demanded from me or do it and hope the account stays open....
i can't figure this out on my own.
mike.
0
Comments
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That's a tough one.. have you tried calling their customer services and advising them of your situation to see if they might be more lienient?Total 'Failed Business' Debt £29,043
Que sera, sera.
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immoral_angeluk wrote:That's a tough one.. have you tried calling their customer services and advising them of your situation to see if they might be more lienient?
i sort of get the feeling they will just say tough luck buddy and make me pay normally... i really dont know what to do!0 -
A difficult one with the loan being so new.
Hope you can think of a way to get some thing sorted out with the bank.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 20 months left.0 -
beanielou wrote:A difficult one with the loan being so new.
Hope you can think of a way to get some thing sorted out with the bank.
they wont let me sort out anything new. it's a case of pay at start of march!
i think i'm gonna have to bite the bullet and accept the charges and get more into debt. will payplan be able to help? they just say they'll call back in a month...huff...0
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