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Advice needed please on default account
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Belladonna122
Posts: 1 Newbie
I defaulted on an Alliance and Leicester loan in 2011, a relative helped us to clear our debts and they were settled or partially settled in full as final payment. Since then Santander have taken over the Alliance and Leicester account (we bank with Santander) and every 6 months they send a default notice and add interest on the difference between our final settlement payment and the o/s balance of the original loan with interest. They don't chase or demand any further paymen. Is this normal practice ?? And does anyone know if we should just ignore these letters and when would this default disappear ??
Would appreciate any help or advice.
Thank you
Would appreciate any help or advice.
Thank you
0
Comments
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Is this normal practice ??And does anyone know if we should just ignore these lettersand when would this default disappear ??0
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You may want to change banks in case they choose to help themselves to your money via offsetting. should be ok once the full and final issue is sorted.:beer:0
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