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Bank Arrears

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Comments

  • bargainbetty
    bargainbetty Posts: 3,455 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It may be that you were at the limit of your overdraft and the monthly fee on the account tipped your over the agreed limit.

    You did not pay in sufficient funds to keep the account functioning correctly by paying the agreed monthly fee.

    If you do not pay an agreed monthly fee, you are 'in arrears'. It is entirely appropriate for them to mark it as such. Sorry, I know it isn't what you want to hear, but it is likely to be accurate reporting on their part.
    Some days, it's just not worth chewing through the leather straps....
    LB moment - March 2006. DFD - 1 June 2012!!! DEBT FREE!



    May grocery challenge £45.61/£120
  • wizzywig27
    wizzywig27 Posts: 1,536 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You may be right, I've read the T&Cs so we will agree to disagree. Either way, and I will come back to this, they didn't update my address, had they done so I wouldn't be in this position.
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