We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Overdraft, can they do this
Options
pilgers
Posts: 1 Newbie
I have an overdraft which is being reduced on the 20th of each month by £50. This has been set up since Feb. The Abbey failed to reduce the amount on the 20th September. On the 27th September £50 disappeared from the account, and reappeared on the 28th. This Wednesday the same thing happened, £50 disappeared and reappeared thursday. Can they do this?
0
Comments
-
Have you checked with them to see what they say?I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
I have an overdraft which is being reduced on the 20th of each month by £50. This has been set up since Feb. The Abbey failed to reduce the amount on the 20th September. On the 27th September £50 disappeared from the account, and reappeared on the 28th. This Wednesday the same thing happened, £50 disappeared and reappeared thursday. Can they do this?
I don't understand the logic of this. If £50 were being taken out of your account, how would this reduce your overdraft?0 -
Are you sure that you do not have a 'collections' type loan to pay off your overdraft?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards