Unused account now built up debt in charges - help!

Cookie2112

Please can someone help me, I have an account with an overdraft agreement and after transferring to a new bank I left this one open and paid (or thought I did) all of the overdraft off on a credit card. I didn't close the account and now they have racked up nearly £2k in charges! I have written to them saying to try and reclaim and they wrote back saying if I was in financial difficulty then they could possibly help me by helping me reduce my direct debits etc.

I wrote back to them thanking them and respectfully pointing out that as I don't use the account they can't really help me with my dd's!

I really want to find a way to reclaim this money (or at least a large portion of it) so that I can close the account and be done with it.

I cannot afford to pay it off and feel the charges are unfair.

Any ideas gratefully received!

Premier_2

Cookie2112 wrote: »

...I really want to find a way to reclaim this money ...

You and many others here.

However the reality is that, assuming the charges were correctly applied, you won't succeed in any reclaim, especially as this is no longer your primary bank account.

I suggest you contact the bank and see what you can negotiate by way of a repayment plan. Who knows, if you are a good negotiator, they may agree to waive some in return for a rapid repayment.

Cookie2112

Thank you, not the answer I was hoping to get but I guess it was what I expected.

The charges are really high though like £35 a time so I hope they will do something, I will try again with another letter and see what happens.

Do you think they would look more favourably on me if I promised to take my business back to them once it was sorted out?