Thread: Here we go!

I have been struggling with debt for a couple years now and have even taken a year out of university because my debts meant I had to work instead (back to uni in september though!!)

I felt so alone until I stumbled upon this site...everyone is so informed if you read all the faq's you feel so clued up!

I have just sent the DPA letter to RBS and plan to take on Capital One and Natwest too. I know there is a lot of support out there now and actually feel excited about taking on these banks

I will keep you all updated of course

Debs

Please can anyone help me?

I have sent off the DPA letter to RBS. My debt with them is almost £5,000 on a student account...my original overdraft limit was £1,400.

I got into debt when i maxed my overdraft and continued paying for things using my cheque guarantee card. A big stupid mistake but i was so desperate and didn't really think i was doing anything wrong. I only wrote about 10 cheques but the charges are why my debt has become so big (about £70 charge per cheque plus interest plus unautorised overdraft charge)

However since looking at the moneysavingexpert site i have found out that this constitues fraud and you can go to prison for it! My bank did put my account into default and I am paying them £28 weekly in an agreed payment plan.

If i try and press them for the unfair charges added to my account will they prosecute me for fraud. If i could get back those charges it would reduce my debt by thousands but I'm a bit scared to do it now!

Any advice would be really appreciated

They allowed you to exceed your overdraft limit to go into an unathorised overdraft facility that they themselves created. This is where most of the UK's debt problems lie - with the banks themselves.

You could claim irresponsible lending. You should be able to get all of your charges and interest on those charges back.

Good luck.
Vamp.

I'll give it try!!! keep you posted ;-)

At last...

I wrote DPA letter around 40 days ago.
After 30 days with no reply i wrote to bank chasing them,
they then denied i had ever sent them the first letter and cheque...
unlucky fot them i obtained proof of delivery so i wrote back kicking up quite a fuss about my 'missing' letter and cheque.

Finally got a letter through today that simply says they have ordered the statements for me and they will be with me soon. No mention was made of what happened to my letter or cheque but at least this is finally going somewhere now! Am expecting i will be able claim back almost £5000 so i cant wait to get these statements..will keep you posted

Deb

Its RBS student royalties account.

Im at the library now but i will check if the 40 days are up in my diary when i get home. Im sure that their time is up so i will look up the address for the information commisioner on this site now and complain.

...I love giving the bank as much stress as they've given me in the past. Revenge is sweet!

I have read all the FAQs and me and my boyfriend in a processof getting back our charges. My boyfriend would like to know from other forum users how common it is for RBS to close accounts once charges have been claimed back. He is opening a parachute account elsewhere but would like your views on the subject