Hi everyone

Just joined and let the battle commence !

I have been a loyal customer for 20 + yrs and they have fleeced me good and

proper over the years.

I've been doing alot of reading of the relavent subject and didn't realise so many people like me are out there....i feel empowered

I was wondering if anyone can answer a query....I still hold current a/c with NatWest and owe money on overdraft...I pay £50 a month but £38 is interest...it seems like a bottomless pit....are these charges illegal aswell ?

This is an authorised overdraft but somewhere on the statement it says unauthorised draft fee charge. :o

You can't claim the interest per se but you can claim any over overdraft fees etc and ask for the overdraft rate of interest back on these

Just claim, and let them try to figure it out.

Thanks for that guys....will keep u posted on progress.

Just claim, and let them try to figure it out.

And when they do figure it out they will defend and you could end up losing - thats a silly attitude.

Do a SAR and find out what they actually owe you and then just follow the steps in the FAQs

do keep positive kulmeister...itappears there have been a lot of injustices undertaken by the banks, as is being made very clear by this site..

your situation seems to be very common reading various other posts where the bank have either consolidated loans or made arrangements with the customer to pay them back with extended and extremely expensive repayment plans...surely if these compound loans and repayment plans were the direct result of unlawful charges there must be some redress on the banks.?perhaps the mods can help on this one? has anyone ever contested a consolidated loan or repayment plan after winning there charges back from the banking institutions?its really beneficial getting ones charges returned but it appears a lot more serious debt has been inccurred by the consumer from the banks refinancing overdraft facilities brought about by unlawful charges under the disguise of assisting the customer to rectify a default position which in essence is unlawfully charged in the first instance?

Hi

I joined a few weeks ago....Sent of S.A.R - (Subject Access Request) on 29/08/06 and received six years worth of statements on 09/09/06 .

NatWest have been fleecing me with charges for years and now it's payback time.....POWER TO THE PEOPLE !!!!!!!!!!!

I listed the charges and penalty interest (not 8%) using the advanced excel spreadsheet found in the forum....very useful indeed.

I totted up £2028 in bank charges and interest.

Next step..........Pelim letter asking for refund....fat chance !

Sent to: Consumer Relations Unit

Ground Floor

Natwest House

225 Shenley Road

Borehamwood

WD6 1TE

Natwest staff member gave the above address.

Will keep posted

Just keep at it. Good luck though you won't need it!

Hi Nik

Thanks for advice.

Kul

Hi Kulmeister, can I ask which address you sent your SAR to please.

I'm sending mine this afternoon and I'm confused as to where to actually send it, there seems to be numerous addresses recommended.

Thanks,

MATC

Hi

I posted my S.A.R - (Subject Access Request) with Cheque for £10 Payable to NatWest Plc to the address below :-

Data Protection Manager

Retail Regulatory Risk

2nd Floor

Business House B

GOGARBUREN

P.O.Box 1000

EDINBURGH EH12 1HQ

Kul

Thank you and good luck!!

Hi

 

I joined a few weeks ago....Sent of S.A.R - (Subject Access Request) on 29/08/06 and received six years worth of statements on 09/09/06 .

 

NatWest have been fleecing me with charges for years and now it's payback time.....POWER TO THE PEOPLE !!!!!!!!!!!

 

I listed the charges and penalty interest (not 8%) using the advanced excel spreadsheet found in the forum....very useful indeed.

 

I totted up £2028 in bank charges and interest.

Next step..........Pelim letter asking for refund....fat chance !

 

Sent to: Consumer Relations Unit

Ground Floor

Natwest House

225 Shenley Road

Borehamwood

WD6 1TE

 

Natwest staff member gave the above address.

 

Will keep posted

Received usual sod off letter from Stuart Higley.....15/09/06

Letter says,no refund of charges and if you are contemplating legal action then issue claim at registered address.

Do i still send the LBA letter ?

please advise.

yes

Thanks natweststaffmember

I've already prepared the LBA letter ...just wanted 2nd opinion

Alset to post on monday

Why Monday? There's a Saturday post collection and a Sunday collection, both of which will get it to Mr Higley on Monday morning. Don't hang about!

Hi verytrying

Sound advice !

consider it done

kul

Good lad!

I'm desperately hoping that NW Card Services don't reply on Monday to the LBA because then I can add on the 8% and carry on with MCOL.

Nah don't worry about it, they won't or even if they do they won't pay you the full amount so you can go ahead with MCOL. Good Luck to all.

I'm about to file the court claim against the bank as they refused to payback the charges following the lba.

I received statement today informing me of a refferal charge to be applied plus other charges....can i still claim these on court claim even though already claiming 6 years.

Please help.......anyone

Yes you can add any new charges you've received since sending the LBA.

Hi closey

Thanks for advice.

Another question.....I am overdrawn and they haven't closed the account will they ?

There is always the chance that the bank will close your account, therefore we highly recommend getting a parachute account opened just incase. Will your claim be more than your overdraft?

Hi closey

I have another account open for salary and yes the claim is less than the overdraft but is also over the agreed amount....its their fault for slapping on unlawful charges.

What do you think ?

I think continue! The abnk can't take any action whilst your account is in dispute. When you get your money back you can use it to reduce your overdraft.