Overdraft Charges

[Scirocco]

Hi,
I had a planned overdraft with Lloyds that they have now changed to unplanned and are now charging me £240 per month for it. I have no hope of repaying it in the near future. Do I have any other options, please

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[flyingdoc]

under what circumstances have they changed it to unplanned.

A bank cannot suddenly decide to withdraw overdraft facilities when there is still money outstanding in the overdraft.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Scirocco]

Hi,
Thanx for the response. There were no circumstances. They just wrote to say they were changing it to unplanned and started charging the fees. I shall look for their letter and post it here

[flyingdoc]

also would be useful to see the original T&C of the planned overdraft

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[big blue one]

any sign of the letter, would be interested to see this?

[Scirocco]

Hi,
Thank you for the interest. I will go through my papers and post it (or what it says) on this forum tomorrow afternoon

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Scirocco]

Hi,
I have now found the letter from Lloyds. Basically they reduced my agreed overdraft from £3000 to £250 and now consider the difference as unplanned. As my overdraft was £2500, they said unless I pay £2250, they will continue to apply fees amounting to about £240 per month. I have not yet found the original T&Cs but remember that there was a clause that said the limit would be reviewed periodically. I wil post the terms as soon as I find the documentation.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[flyingdoc]

that seems incredibly unreasonable to me. Did they say why they were reducing it?

[Scirocco]

Hi,
Well the letter said I failed to pay the overdrawn amount when the bank demanded it and am therefore in breach of the Overdraft Agreement as the bank "has the right, at any time, to request immediate repayment on demand"

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.