bank acc overdrawn by payday loan

BugsyBrowne · 18 October 2012 at 9:06AM

artanua wrote: »

but what if it is unlawful what the bank has done?

well on a brighter side now I may have to pay back £1300 for 11 years by £10 monthly installments :beer:

Also remember that you are also being an irresponsible adult with which every creditor from now on will treat you like a kid who's just left school now that's really something to be proud of.

ILW · 18 October 2012 at 9:33AM

artanua wrote: »

did the bank acted on my best interest? banks duty is to me no wongas

Where did you get that from?

artanua · 18 October 2012 at 1:14PM

miketaff1408 wrote: »

So you've lost your job and have decided that there is absolutely no chance of you getting another job in the next 11 years so you can pay off this money quicker?

Whilst I disagree with the offensive nature of the SierraBravo post, I do agree that you had absolutely no intention of paying back your dues to Wonga, and you are only bleating on about it being 'unlawful' as your plans were scuppered when the bank allowed the payment that you authorised Wonga to take.

Get over it, and put your energies into finding another job instead of going on a fruitless wild goose chase.

look. i considered funny sierrabravo's post as it wasnt that pretentious as to really read my inner thoughts. So to consider it otherwise is a bit of a joke indeed

im not one of those either that rates credit-worthiness as the world's new Ideal or the source of happiness or success

artanua · 18 October 2012 at 1:16PM

ILW wrote: »

Where did you get that from?

banking law i suppose :eek:

artanua · 18 October 2012 at 1:19PM

sulkisu wrote: »

Not necessarily. Overdrafts are payable on demand and the bank can simply claw back their money as soon as any money goes into your account. They could also CCJ you, which in addition to screwing up your credit even more than it already is, could make it hard for you to open another account elsewhere - even a basic one. If you cannot open a new account elsewhere, then the risk of going to your bank one day and finding your account has been emptied (e.g. when you find a new job), is a very real one.

there was never an overdraft facility

and i do have another current acc

somethingcorporate · 18 October 2012 at 1:25PM

So you think it is in your interest for the bank to refuse the payment and the debt increasing exponentially and some APR of 1000%s and massive fees for defaulting with wonga or them paying it for you and you paying it back a leisurely £10 per month?

It seems that they were incredibly generous acting the way they did and now you want to dispute it? Crazy.

artanua · 18 October 2012 at 1:39PM

no absolutely not. i have said it I am much better off paying back the bank rather than PDL com (as i intended not to do any bad publicity for wonga)

im not sure whether they were incredibly generous. they got the money by mistake or some other mechanism i dont know

but forgive me, and i want to thank all for their comments, i needed some expert technical advice as to the issue of whether i now owe my bank the £920?