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Selftrade overdrawn - Shares


Lilythepink
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I had about £200 worth of EGG shares, when I was in a better financial place, but I had forgotten all about them. They changed hands I think to Prudential, and a firm called Selftrade kept them for safekeeping.

I have now sent me an email saying that I am overdrawn by £87.50 and they will sell my shares and take the money out of that. I don't understand how this can happen, I have never used them to sell or buy shares, and they say it might be to do with fees over 3 years.... Don't know what they are talking about?

But can they take money from shares that I own, and can they sell them without my permission.......

LilythePink

If you liked what I said, and if it helped in any way, please tip my scales..... thank you:)

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