Is it worth trying for bank charges reclaim?

duff9511

Hi everyone,

I was just hoping to get some input on whether it is worth my while making a claim for bank charges. I reckon I easily fall into the financial hardship category (entering a DMP, using credit to live, unable to meet monthly commitments.)

The accounts I am looking to claim for are really old, dating back from 2002 to approx 2006 when the accounts were closed. The overdraft on one account was used regularly and there were charges on it pretty much every month, resulting in the charges spiralling. I cannot recall what the initial overdraft was, but at the time of Nationwide closing the accoiunt, it sat at £2600, which they obtained a CCJ for in late 2006 and which I have never paid. I have submitted a SAR and am awaiting details of exactly how much of that £2600 was from charges but over the life of the account, the sum of all charges easily exceeds that total.

The second account was about £250 overdrawn at the time of closure and I am about 95% certain that the entire £250 was from bank charges. That sum was recently repiad through Lowells DCA.

Obviously, each case is judged individually and it would be impossible for any of you to give me a definite answer, but what do you reckon my chances are? The age of the charges is one sticking point (some of them are up to 10 years old) and the fact that people now have to fight much harder to get charges back is also not in my favour.

Anyway, any feedback or thoughts would be much appreciated.

Duff