Unplanned overdraft? help plz 12 November 2016 at 4:58PM edited 30 November -1 at 1:00AM in Reclaim Bank & Credit Card Charges 4 replies 2.1K views

Lukas10333

Hello,

I have a basic account in Lloyds Bank. At one time I had my balance 3.50 lbs. The next day I looked account and I was there 1,050 lbs. Can you tell me why? This is the unplanned overdraft? Can I use those money? What happens next if I use this money? I have normal work on contract Can I take to bank back this money on my paiday?

Thank you very much

dunstonh

At one time I had my balance 3.50 lbs. The next day I looked account and I was there 1,050 lbs. Can you tell me why

lbs is weight. Not money.

You have access to your statement. We do not. So, there is no way for us to tell why your balance has gone from £3.50 to £1050. Have you looked to see what credit was added to your account?

This is the unplanned overdraft? Can I use those money?

Overdrafts do not add to your money. If you were overdrawn, it would show a negative balance.

Lukas10333

Sorry about this lbs. My mistake. I do not understand that. When we use the money I pay any fees?

Nasqueron

Ask your bank if they charge you for using the overdraft, we don't know

-taff

Are you saying your overdraft limit has increased to 1050?
If you are, yes you can spend the money, and yes, you will be charged for it in interest payments.