Account termination letter... What now. Help!!!! Please

fishfinger1

runforlife wrote: »

Just to be clear here FF as I think you may have misunderstood. If you have a debt with Natwest credit card and money in your current account with Natwest then there is a possibility for them to take money from your current account to help pay off your debt!

You need to open a new bank account or use one where there is no association to any other debt and use that as your new account.


Be careful here that some credit cards are discreetly connected to different banking organisations.

My current account is with the Halifax who I have no debt with other than my overdraft which is within its limits. As regards to the letter from Natwest should I be worried about a ccj the debt with them is for £2500. Im going to speak with stepchange when my partner gets home

fishfinger1

TheDebtinator wrote: »

Any update FF?

Hi thanks for taking the time to check up on me. As soon as my partner gets home from work were going to ring them. I'm actually starting to think I could be eligible for a dro having done my SOA

TheDebtinator

Good luck FF! I hope that you had a positive call with Stepchange! You will feel so much better once you have a plan in place