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Re It pays to watch and bank charges.

chevalier
chevalier Posts: 7,937 Forumite
Part of the Furniture Combo Breaker
in Debt-free wannabe
I am not sure now if I heard this right, so don't want to get peoples' hopes up, by I thought I heard Martin say last night that if you were in financial difficulties, then the bank charges reclaiming hold DOES NOT APPLY. If this is the case then I am sure there are several people on here, who could now press on with their claims.

Did I hear it right?
chev
I want a job that is less than an hour driving away from my house! Are you listening universe?

Comments

  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    Yes Chev, I think I heard that too.
    But who decideds what 'financial hardship' actually looks like....

    Martin, maybe you can clarify?
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
  • MSE_Martin
    MSE_Martin Posts: 8,272 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    You'll see this explained in the

    Bank Charges News guide

    It's one of the later questions

    Martin
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • Broken_hearted
    Broken_hearted Posts: 9,553 Forumite
    Wish someone would tell the banks as they keep charging.
    Barclaycard 3800

    Nothing to do but hibernate till spring
  • kel123_2
    kel123_2 Posts: 476 Forumite
    I have put a claim in to Lloyds and claimed hardship, they have ignored this and are applying charges for exseeding agreed overdraft BUT! if I had the charges returned on the account I would not be over my limit looks like i'll have to wait and claim it back when it's settled.
    June 2005 = 48K of Debt:cry:
    Sept 2006 Started dmp = 56k of Debt (inc fees and charges) DFD April 2030:eek:
    May 2008 = <5k of Debt (CCA route -48K, paid off 3K) DFD April 2010
    Nov 2008 Lloyds found CCA for 14K loan:mad: New DFD Jan 2016

    Happy so far tomorrows another day:confused:
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