Can you believe it?

Miss_P_9

Hello there

Just checked my bank account with NatWest. They have charged me £68.60 interest for my £5,000 overdraft (dont ask!) and another £40.00 on top of that for the overdraft itself

I had two direct debits which came out of account (or at least tried to) when there was no money in there so NatWest has charged me £76.00 for these, plus another charge of £35.00 for "GTee (which i assume is my guarantee card - which how can i use when its a direct debit:eek: (duh).

I just dont understand this at all............. so really, they have taken out £219.60.

Can I do anything about this?

lilmoi1985lm

bloody hell! what are banks playing at these days?!!!!

wydsiwyrg

Hiya -
You can probably claim back the charges. However the interest and overdraft fee are perfectly reasonable and fair - and will be in their T&Cs.

T

Miss_P_9

Thanks for listening and the advice given:beer:

Also, (while I'm on a roll) I wanted to know once you start making small payments to your credit card creditors, i.e. DMP etc, obviously this will mess up your credit rating, but what happens when your mortgage rate ends and you need to change lenders in order to get a better rate

Would you be affected and if so, what do you do.:money:

Miss_P_9

Can anyone help me with this question please?

Is anyone there?

hitback

Yeh Nat West...new slogan should be 'Another Way..to make the customer pay!'
Our mortgage deal ended in Jun 2007 just as the interest rates were on the climb! We managed to move to another deal with our current lender, sorry I can't answer your question directly about any impact of DMP but talking to your current lender may be a start? You could also try your local CAB or Debtline? Someone may be along shortly who can answer this

kittiej

I think the banks are taking the mick at the minute cos FOR THE MOMENT these charges cannot be reclaimed.

I reckon it's a case of take the money now and see if we have to pay it back later which is wrong.