Jump to content


goodfriend123

RBS raised agreed repayment amount

style="text-align:center;"> Please note that this topic has not had any new posts for the last 318 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

I've been paying of the balance of my credit card with the Royal Bank of Scotland, paying an agreed amount every month by direct debit. I have kept up these payments without fail. I have now received a letter from them saying that they are increasing this payment to 2.5%. Previously I have filled out their forms detailing my income and expenses so they know I cannot afford the increase.

 

Are they allowed to do this?

 

Thanks for your help.

Share this post


Link to post
Share on other sites

Tell them that they will.not be raising it as it was an agreed rate and you provided info to prove you couldn't afford it. I would keep repaying them at your current rate and let them cry if they don't like it. Of course this would mean you would likely have to have an account outside RBS as they could recoup the money from any account you hold with them


Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Share this post


Link to post
Share on other sites

When did you take it out?


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

So you took the credit card out and started your payment plan 2010 ? :madgrin:


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites
So you took the credit card out and started your payment plan 2010 ? :madgrin:

 

Sorry. I had the card since the 1990's. I lost my job due to disability in 2010

Share this post


Link to post
Share on other sites

Okay this letter that states the intended increase...its not a template ? Your name and address and your account number ?

 

Does it state what you are currently paying per month?


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

CCA time if its from that long ago..no chance of a compliant CCA me thinks?


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites
Okay this letter that states the intended increase...its not a template ? Your name and address and your account number ?

 

Does it state what you are currently paying per month?

 

No, it doesn't show my account number nor the amount I am repaying each month.

Share this post


Link to post
Share on other sites

CCA time. If they cant provide a compliant CCA for it, then you wont have to pay them a single penny once theyre in default of your request. get the CCA request off first thing in the morning.

  • Confused 1

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Share this post


Link to post
Share on other sites
CCA time. If they cant provide a compliant CCA for it, then you wont have to pay them a single penny once theyre in default of your request. get the CCA request off first thing in the morning.

 

They say that they are (quote) "varying the terms of your Credit Card Agreement". Are they allowed to do this?

Share this post


Link to post
Share on other sites

not if they cant find the signed agreement.

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites
They say that they are (quote) "varying the terms of your Credit Card Agreement". Are they allowed to do this?

 

Then I would suggest that this is a standard round robin informing customers on normal contractual payments of an increase...IE the minimum payment will increase by 2.5%...not you being on an agreed payment plan...ignore.

  • Confused 1

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

Cancel the Direct Debit and replace with a standing order. They cannot increase a standing order without you yourself doing it.

  • Confused 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...