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My sister is doing my head in Next Directory & HSBC

GirlRacer_2
GirlRacer_2 Posts: 3,026 Forumite
in Debt-free wannabe
Am trying my hardest to help sis get a DMP sorted. She has a Next directory account and she currently owes £1800. Are there any banks that are linked to Next? If so which ones?

She has set up a new bank account with HSBC are they connected to Next at all?
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Comments

  • bank_of_slate
    bank_of_slate Posts: 12,922
    10,000 Posts Combo Breaker
    Forumite
    Next have a massive APR! is she still using the Next account?
    ...Linda xx
    It's easy to give in to that negative voice that chants "cant do it" BUT we lift each other up.
    We dont count all the runners ahead of us & feel intimidated.
    Instead we look back proudly at our journey, our personal struggle & determination & remember that there are those that never even attempt to reach the starting line.
  • GirlRacer_2
    GirlRacer_2 Posts: 3,026 Forumite
    No she's stopped using it. She just showed me the statement and the appear to bank with HSBC so now she's panicking that they can take money out of her HSBC account. Is this the case?
  • headoutthesand
    headoutthesand Posts: 1,041
    500 Posts
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    Next are terrible at uping credit limits too.

    At one point my limit was £8k and I had to keep asking them to reduce it.

    I phoned them up again a few weeks ago and asked them to reduce it to £500 but they haven't and it is still at £1700.

    The APR is 26.9% with a minium payment of approx 8% per month so that'll give you an idea of how much she needs to pay them each month.

    If she get the catalogue delivered she'll also be charged the APR on that as it is added onto her bill

    Sorry - i don't know which bank they are linked to.
    Official DFW nerd no 551 - proud to be dealing with my debts
    Debts as of March 2014
    Nationwide - £5745, Overdraft - £350,
    Debts as of January 2015
    Nationwide - £4997, Overdraft - £0:j
  • bank_of_slate
    bank_of_slate Posts: 12,922
    10,000 Posts Combo Breaker
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    Not sure to be honest,
    has she defaulted on any payments with them yet?
    ...Linda xx
    It's easy to give in to that negative voice that chants "cant do it" BUT we lift each other up.
    We dont count all the runners ahead of us & feel intimidated.
    Instead we look back proudly at our journey, our personal struggle & determination & remember that there are those that never even attempt to reach the starting line.
  • ZTD
    ZTD Posts: 24,327 Forumite
    First thing to do is cancel the catalogue...
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • bank_of_slate
    bank_of_slate Posts: 12,922
    10,000 Posts Combo Breaker
    Forumite
    ZTD wrote: »
    First thing to do is cancel the catalogue...

    Agree with Z, they'll charge you £3.50 every time one comes through.
    ...Linda xx

    I closed my Next account just after Christmas
    It's easy to give in to that negative voice that chants "cant do it" BUT we lift each other up.
    We dont count all the runners ahead of us & feel intimidated.
    Instead we look back proudly at our journey, our personal struggle & determination & remember that there are those that never even attempt to reach the starting line.
  • GirlRacer_2
    GirlRacer_2 Posts: 3,026 Forumite
    I used to have a Next account but used to pay it off each month. However, when I started my Debt Free journey I got shot of it altogether.

    How can I find out which bank they use? Any ideas?
  • smithywilko
    smithywilko Posts: 114 Forumite
    My best friend used to work for Head Office until recently, so I can find out from her. Only thing is she lives in Australia so it might take a day or two to find out. Will email her now and see if she knows and let you know asap.
    Make £5 a day challenge - February £54.28/£140
    To help pay off 0% CC debt - 27.1.15 £7367.12
    Mortgage deposit savings £2501.00/£15,000
  • ZTD
    ZTD Posts: 24,327 Forumite
    Banks can only use offset for their own account. Just make sure she cancels direct debits and the such like.

    It may be worth shifting banks - some collection companies have just used debit card numbers to obtain funds.
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • GirlRacer_2
    GirlRacer_2 Posts: 3,026 Forumite
    Thanks Z. She's never paid Next by DD or using a debit card. I think she'll be OK but I just wanted to double check.

    Thanks smithywilko that would be really helpful.
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