I have a default of £2,976 with Natwest. I actually posted about this sometime ago, but have never managed to get it sorted out.
I really would like to, as its getting me down and holding me and my family back.
£1,176 of the total is made from fee's from when I went over my overdraft limit
and then couldn't afford to pay enough money back to the bank to be able to get myself back under the limit.
I accrued the overdraft while at Uni.
This was a student account to start off with.
The first D on my Noddle Credit Report is on June 2012.
My owed balance went up from £1800 overdraft to over £3000 in the space of 8 months.
Its now sat at £2976 and has been at this value since October 2014.
Even though at the time I complained to Natwest, that this was spiralling out of control and I didn't know what to do.
They just said you need to pay it back now to get under your overdraft limit. And offered no help.
I couldn't afford this, I was only just breaking even at the end of every month anyway.
I am now finally in a place financially where I can actually start paying something back.
And hopefully I would like to get a mortgage.
I am in the position where I could pay the money back in full.
But I'd really rather not pay the extra £1200 of charges.
Robinson Way contacted me about this initially and I think Westcot as well, however I did not acknowledge any letters.
I went to speak to a bank about the possibility of a mortgage the other day and I mentioned the default.
They say I would need to satisfy the default before I would be considered.
I really do not want to risk a CCJ.
The bank(Skipton Building Society) suggest I should complain to Natwest and hopefully they might let me pay back the £1800 without the charges.
Could anyone please help with what to do?
I only have 9 months until the 6 years of the default is up.