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Halifax Overdraft Fees
April2013
Posts: 24 Forumite
Hi,
I am wondering if anyone can help. I have a very high overdraft Halifax/Bank of Scotland. This was a student OD that I haven't paid off. I pretty much live in it every month. I have being paying their monthly fees every month for the OD without fail (since graduation in 2009!!!), however, my circumstances have changed. I am due to go on maternity leave in the next month, and will only be earning statutory pay of ~£500 per month after tax. This low wage means I will be unable to pay the ~£90 per month fees, let alone attempt to reduce the overdraft. Is there anything I can do. I have payment plans two other debts, and I have requested a reduced payment for the maternity leave period, but given this isn't a debt but a fee I am not sure where I stand.
I have an account with RBS which I dont use, so could switch all monthly payments etc to that, but I would still incur fees on the halifax account.
Thanks in advance
I am wondering if anyone can help. I have a very high overdraft Halifax/Bank of Scotland. This was a student OD that I haven't paid off. I pretty much live in it every month. I have being paying their monthly fees every month for the OD without fail (since graduation in 2009!!!), however, my circumstances have changed. I am due to go on maternity leave in the next month, and will only be earning statutory pay of ~£500 per month after tax. This low wage means I will be unable to pay the ~£90 per month fees, let alone attempt to reduce the overdraft. Is there anything I can do. I have payment plans two other debts, and I have requested a reduced payment for the maternity leave period, but given this isn't a debt but a fee I am not sure where I stand.
I have an account with RBS which I dont use, so could switch all monthly payments etc to that, but I would still incur fees on the halifax account.
Thanks in advance
0
Comments
-
Post on the Debt-free Wannabe part of the forum.
You'll get a more all-round support there.
Good luck.
http://forums.moneysavingexpert.com/forumdisplay.php?s=&daysprune=&f=760 -
Thanks for this!0
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