lowell portfolio and natwest, advise please?

[bambi_2517]

Hello ladies and gents,

 

Back in Feb of this year lowell portfolio sent two letters for a loan and overdraft I had with natwest. Following advise from here I've managed to get the loan sorted, however the overdraft is proving more difficult.

 

They eventually sent statements yesterday to show how the overdraft has accumulated, now back in 07/08 I challenged natwest that the bank charges were unfair (which is mainly what's its made up of) and the day before I was due in court natwest sent a cheque via special delivery as a gesture of good will and asked me to stop the court proceedings.

 

My question is this, if my overdraft is mainly made up of bank charges which natwest has already paid me back do I still have to pay lowell them back? Or can I subtract all the bank charges from before the date the cheque was sent and just pay what ever is outstanding? I should also point out that the cheque was paid into another bank account rather then going into my natwest account.

 

Any advise would be greatly appreciated.

[dx100uk]

were not the refunded charges removed from the bank a/c total?

 

dx

[bambi_2517]

were not the refunded charges removed from the bank a/c total?

 

dx

 

No, all lowell has sent me is a bunch of statement like the type you get from the bank every month.

[Crocdoc]

Write to Lowell by recorded delivery explaining that the overdraft consisted of charges which were refunded and insist that they refer the matter back to the original lender.

[bambi_2517]

Write to Lowell by recorded delivery explaining that the overdraft consisted of charges which were refunded and insist that they refer the matter back to the original lender.

 

Cheers

[BRIGADIER2JCS]

How much are Lowell chasing?

[bambi_2517]

How much are Lowell chasing?

 

Almost £700

[BRIGADIER2JCS]

Wow, and how much did you get refunded, do you

think more charges have been added?

[bambi_2517]

Wow, and how much did you get refunded, do you

think more charges have been added?

 

I was refunded just over £2000, I haven't looked properly yet but no I don't think anymore charges have been added but if they have it won't be much as I stopped using that account.

[BRIGADIER2JCS]

Sometimes even non use generates charges

so check carefully.

Did they amalgamate the loan and OD into one account,

what is the status of the amount outstanding OD or loan?

[bambi_2517]

Sometimes even non use generates charges

so check carefully.

Did they amalgamate the loan and OD into one account,

what is the status of the amount outstanding OD or loan?

 

Will do, the loan and OD are separate accounts and the loan is now sorted because they couldn't produce a copy of the agreement.

As far as I'm awear the OD is on hold and has been for a couple of year but I'll double check tonight.