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lloyds snowball charges £1200 in 6months


Northy2003
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Hi sorry if this is in the wrong area

 

I am after a bit of aadvise regarding bank charges on a old Lloyds account I had

 

In around may 2009 to Jan 2010 I had a mass of charges added to the account I had no overdraft ect on the account yet each month one was applied to take the charges and month on month it grew untill they defaulted the account

 

At the time I had tried to explain I was struggling and went to cccs but this made no difference

 

I know I should have managed things better in hindsight but now I am slowly getting things back on track but still have this debt with a mass of charges looming over me

 

I have the statements showing the charges and have tried calling the recoveries team but they just say it's in the terms and conditions is there anything I can do

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Will ask the site team to move this post to correct place. They will tell you where.

 

Excessive charges for overdraft on current account is more difficult. However, if you did make Lloyds aware of hardship, you may be able to complain to Lloyds and follow it up with the FOS.

We could do with some help from you.

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If they wouldn't give you an overdraft and you didn't have an agreed overdrawn limit, then how can they force, what amounts to a loan without an agreement or declaration of interest on you.

You could argue that they should not have honoured payments that took your account overdrawn so are not liable for any penalty charges.

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What took the account overdrawn in the first place?

 

(This is on topic, even though I did previously say this in a post which was deleted for being off topic :???:)

 

 

A few returned dds and then being stung with the charges which then left me short the following month and it just snowballed from there

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