Hi i am pretty new to all this but am desperate for help .

I do have my self to blame but am so worried what the new charges will do to me in november .

I have had a halifax account for over 25 years now and say over the the last 8-10 years have used the overdraft facily .

At first it was only about 600 so wasnt too bad but then i could easily up it online no problem .

My finances spiralled out of control and upped the overdraft too 1700 so the fee was only a manageable 30 pound per month .

I then got involved with many payday loans and was also doing alot of online gambling .

this year i went from 1700 overdraft up to 4800 even though i only earn 1000 a month .

I have been refunded all payday loans interest and some written off through the FOS Wonga, Sunny etc .

At the moment i pay 99 per month in fees but this is too rise to well over 200 .

Under no circumstances can i afford this .

I think the halifax have irresponsible allowed my overdraft to go up knowing i only earn 1000 a month .

One night i increased my overdarft 4 times each 500 because it was so easy to do.

I am in financial hardship and it is worrying me sick .

I have not contacted the halifax yet and not sure what road to go down .

I am not very good with words and i worry alot .

I know i have brought this on myself with the gambling etc

but they should have a system that dosent allow you to increase if you dont have the money going in .

Just too add i have paid halifax over £3200 in planned and unplanned fees too date .

Not including their other system before 2010 were i paid alot of fees to them .

Any help would be appreciated

Thanks in advance

Ann

pers ann id get a parachute account with the co-op oline

and get any income you have paid in there

its your money

take control

deal with Halifax once you are sorted.

stop them blindly taking fees etc when you've no control

dx

Thanks for your reply , but i am worried once i stop using the account that come november it will just keep escalting with overdraft fees .

Probably but the only way y are going to take control of your money is to stop people helping themselves

it may well be that a large portion of the OD is unlawful fees and the interest they've caused.

25yrs is a long time

just an update , they said they would reduce the overdraft from 4900 to 4200 the 700 being this years charges . i am still not happy and have now complained to the fos . today the neww charges scheme start a daily fee of 7 pound which i will never be able to afford .

After a lot of correspondece with the fos i have now received this .

I wondered if anyone could help .

They say at £1 a month but that will never clear the debt , could they sell the debt on and land me in more troulble . any help much appreciatted .

Dear Mrs xxxxxxxx

I’ve now had a response from Halifax with regards to your income and expenditure form and complaint.

They’ve reviewed your income and expenditure form and have identified that you have a deficit each month.

Because of this they wouldn’t agree to a repayment plan of £40 a month.

Instead, the maximum they would accept is £1 a month unless your circumstances change.

However, you will need to contact the Collections team to discuss your options on 0808 145 0439 once your complaint with us has been resolved.

Moving forward, Halifax has calculated the charges you incurred from January 2017 until 11 December 2017 (when your account was placed on hold and all charges suspended). It totals £1,020.34 which they’ve rounded up to £1,100. They’ve offered to use this amount to reduce your outstanding balance on the account.

Looking at my previous recommendation, I now feel the above offer is fair as I only asked them to refund your charges and interest from March 2017 not January 2017. A hold has been put on all collections activity on your account and for your account to be fee free whilst we are looking at your complaint.

Please let me know your thoughts on Halifax’s offer and if you’d like to accept it or not.

Kind regards

that'll do then

now simply pay IF you want oo

else ignore them

they'll sell it on.

might be better you don't pay

then atleast the SB clock will start ticking again.

thank you , but if they sell it on would that not cause more trouble and courts and demands

doubt it.

if Halifax are so confident you owe all the money

why don't they take you to court rather than sell it on?

they'd kill you in court

but they never do...urm.....

received this today

pdf copy

moorcrap1.pdf

Had to hide that

Ref no. Showing

However safe to ignore totally

Hi , i did post about this halifax overdraft last year but cant find the post .

So quick story

halifax overdraft was passed onto 1 dca then back to halifax,

then sold to intrum in december .

just received a letter from their solicitors moon beever saying i have 30 days to discuss payment options or go to court .

Any advive would be gratefully recieved. thanks in advance .

you mean you have a letter of claim with a response pack?

there are no post here from you previously regarding this debt.

dx

yes the letter of claim with response pack ,  it was about 2 years ago maybe i posted about the overdraft but i cant find it either . I had run it up to about £4k before the new daily charges came in and no way of affording it , .  

i have received a sale of assignment back in november 2019 and a notice of assignment was sent in december.

i know there is plenty of interest charges since the account opened in 1990 and overdraft charges .

I stupidly kept raising the limit online because off gambling and  lied about my earnings to get the increase .

i can afford to pay back about £100 a month but dont really want to pay them all the charges that i occurred

post 3 here:

get an sar running to Halifax too

you have made no poster at all on CAG about this debt before

unless you have another username??

dx

maybe i deleted them ok no worries . is a SAR to halifax now free  https://www.which.co.uk/consumer-rights/advice/how-do-i-make-a-subject-access-request

just hit sar 

even if deleted we would have a fingerprint.

ok i have sent an sar to halifax ,  the old post was in my wifes name ams95655    

sorry for the confusion was sure i posted in my name

Topics merged

i have sent a SAR to halifax but they have 30 days to respond , should i fill in the form i recieved from intrum and send it back to them because moon beever said i had 30 days from the date i received their letter .

as post 15 colin but hold until nearer the date.

hi halifax said i need to wait till 14th april which will be over the 30 days boon and meever said from the letter i recieved on the 9th of march . shall i respond to their notice of claim , and also the post is up in the air with covid19 atm .

as post 3 here

in box d would you say irresponsible lending or od fees unlawful and interest occured over many years

because the account is subject to and continues to have, serious on-going disputes including an FOS investigation, regarding fees and questions regaring irresponsible lending.

(not that they are active, but they don't know that)

I would expect them to drop this not brick.

DO NOT communicate with them in any other way without checking here 1st...ever from now on

dx