Financial Institution Is Destroying Me

simon3000

sgx.saint wrote:

So you owed HSBC a debt sometime ago, and paid it in full? .... If this is the case then the chances are that you may have been issued a Default Notice. If this is the case, the only thing you can really do is make sure that HSBC have marked the debt as 'settled'. It won't make a massive improvement to your credit history, but it's certainly a start.



I would firstly as I said make sure you have another account opened asap. Then I would send a letter stating your offered repayment amount. Then thirdly, once you have a repayment scheduled agreed, this is the time to start your pursuit of reclaimed bank charges.

I will write you a template letter if you like for the repayment offer. You need to complete an income and expenditure document though to forward along with your letter.

Use this one:-

http://www.nationaldebtline.co.uk/england_wales/budget_sheet.php?country=england_wales

Whatever you have left over each month you should offer to your creditors.

yes i need them to mark it as settled hsbc that is, i will complete the sheet for you guys to help

simon3000

smashedbooboo wrote:

Hi chicks. Tree up looks fantastic if i say so myself. simon3000. It sounds likeyou are now taking stock and making use of the advice here. your tone and mood appears to have lifted somewhat to your first half a dozen postings. keep at it kid. take the advice and the support.

yes i have calmed down , knowing that all barclays can do to me is mess up my credit history if i do not pay them back which i am trying to do but they can't imprison me as my bank manager threatened

sgx.saint

but they can't imprison me as my bank manager threatened
simon3000 is online now Report Bad Post

Your bank manager actually said that?

I would file a full and formal complaint to Barclays head office. What he/she said is in breach of the FSA rules, The Administration of Justice Act 1970 and probably much more ......

If you don't get any satisfaction from them, you can of course take it further. That is shocking if a senior banking professional actually said that.

simon3000

i have sent an email to the financial ombudsman and i recorded the phone conversation with him but someone said its inadmissable in court ,

sgx.saint

Yes, I think that is the case, but I'm not a legal expert. Think it has something to do with not having the other parties permission.

I'm glad you reported it though.

Morglin

Nat West do a "Steps" current account. No credit checks and it's very basic, but you do get a debit card and you can pay direct debits through it and have wages paid in.

After a while, if you've managed the account ok, they usually offer to upgrade you to a normal account.

Might be worth a punt and doesn't take long to open - just make sure you take the ID that all banks need.

Lin

sgx.saint

No credit checks

Just for a point of reference, a credit check does still take place, but this is only to confirm your ID and status

simon3000

Morglin wrote:

Nat West do a "Steps" current account. No credit checks and it's very basic, but you do get a debit card and you can pay direct debits through it and have wages paid in.

After a while, if you've managed the account ok, they usually offer to upgrade you to a normal account.

Might be worth a punt and doesn't take long to open - just make sure you take the ID that all banks need.

Lin

thank you lin at least something is in sight for me, i guess the next step for me is which of all the accounts you have advised is the best in short term to allow me to shop online, use my card to pay for small items ie: sainsbury's

the co-op is a good start , so is citi bank and now natwest, i can't apply to all of them can i because i've been told that will mess up my crf?

lynzpower

you dont need to apply for 3 seperate accounts. One is fine. Each of the accounts are those that people have recommended. Personally, Id look for the one closest to my house and make a decision from there.

Saint mighht know more but my understanding is that banks cant refuse to allow someone to open a basic account. Saint is this right?

Once you have done your SOA we can help more

simon3000

What is SOA? I mean't that today I am going to apply online to all the banks you guys have mentioned and obviously some will say yes and some will say no, but my crf is going to show that i have applied for a baisic bank account with x ammount of banks on sunday xx etc , i guess i am worrying about nothing what else do i have to loose...