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HSBC has closed my account

cj7ax Posts: 4 Newbie

18 October 2007 at 2:09PM in Budgeting & bank accounts

I had an student overdraft with HSBC and had a bit of trouble paying it back. Although I think the way HSBC tried get the money back borders on harrassment I hold my hands up and accept full responsibility for the debt. I am in position now to pay the overdraft if full (£896.81) but have received a final demand from HSBC. Unfortunately I have moved address and it has taken some time for the demand to reach me. I called HSBC who said that my account has now been closed and passed to a credit agency. I've phoned the agency but they are still waiting to receive the account details. Neither HSBC or the agency will accept a payment at the moment, but i'm also worried about the effect on my credit rating. I haven't received and default notices but wondered what would show up and how it affects my future

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HSBC has closed my account

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