Worried about review

I_was_a_fool

Agree with all posters above, do not go for the review, not ever. Post your SOA and you will get loads of impartial advice on how to go forward!

I would advise as an urgent measure, open another bank account, with someone completely unconnected to your other debts.

Sharon

angchris

i just worked out your £65 monthly payment to your endowment... 64 x 12 x 11 = £8448:( if you had paid that into a high interest account and ignored the bank you`d be quids in by now plus interest :mad: it might be a good idea to cut your losses and cash in the endowment as by the sounds of it its not doing you any favours :rolleyes: (look at it further and investigate options with the facts in front of you first though before you cancel it!) and slap that money on your mortgage and also try and overpay it with the extra £64 a month you will have floating around plus any extra cash you can find. this is purely my opinion but look into it as an option properly first and weigh up the best way forward...best of luck..angchris

DebJack_2

Thank you to you all for your help and advice. I am so impressed with the forums and the wonderful people out there willing to help others. I feel so much better for taking the plunge and posting. Watch out for my SOA! I'm going to work on it tonight!

lz544w

My mother, who is 71, has received several letters over the years, asking her to go to our branch of NatWest for a "review". The letters usually claim that they have tried to contact her by phone, but since she spends most of her time in the house - and received not one phone call - I assumed that this was NatWest angling to terrorise her into taking out loans or whatever, to pay off her overdraft.

At £1,050, I hardly think her overdraft can be classed as a problem - the only other debt she has is a catalogue debt of around £700, which is going down by around £190/month. Therefore, I recommended that the review letters go straight in the bin. There has been no comeback whatsoever on any occasion, she still goes into the branch, and no one has collared her yet.