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Natwest Charges - Advice Needed


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Hi,

 

Can anyone help me on this?

 

I had an overdraft facility at Natwest of £1400, which was more than my income, but as I was struggling I ended up using it to the hilt. Due to unforeseen circumstances I was not paid for a month and I had issued cheques with my guarantee card which I knew would take me over my overdraft limit. But I would of paid it when I got the money which was a few weeks later.

 

However Natwest charged me £38 for each cheque and further charges for going over my overdraft, etc. This meant I couldn't repay Natwest with all the charges I had. I offered them a repayment scheme of £50 per month to clear a debt of £3500 which they refused and are going to place a default on my record. They said a credit management team would probably accept £50 per month but they wouldn't stop the default.

 

Baring in mind over £1200 of this amount is charges is there anyway I can get them to take back the default?

 

They have offered me £1000 back as a gesture of good will against what I owe them!!!!! But are refusing to accept their charges are unfair, which I expected.

 

IS there anything I can do?

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Hi,

 

Can anyone help me on this?

 

I had an overdraft facility at NatWest of £1400, which was more than my income, but as I was struggling I ended up using it to the hilt. Due to unforeseen circumstances I was not paid for a month and I had issued cheques with my guarantee card which I knew would take me over my overdraft limit. But I would of paid it when I got the money which was a few weeks later.

 

However Natwest charged me £38 for each cheque and further charges for going over my overdraft, etc. This meant I couldn't repay Natwest with all the charges I had. I offered them a repayment scheme of £50 per month to clear a debt of £3500 which they refused and are going to place a default on my record. They said a credit management team would probably accept £50 per month but they wouldn't stop the default.

 

Baring in mind over £1200 of this amount is charges is there anyway I can get them to take back the default?

 

They have offered me £1000 back as a gesture of good will against what I owe them!!!!! But are refusing to accept their charges are unfair, which I expected.

 

IS there anything I can do?

 

hi well you can reclaim all the charges back from them so that will help. also check out this link regarding defaults.

http://www.consumeractiongroup.co.uk/forum/data-protection-default-issues/

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get your statements, youve prob had charges in the past too just like any normal person!!

If you claim all of these plus the interest you might be close to clearing all your debt with fatwest!

Bear in mind when you win they will probably want you to payback your overdraft and close your account though.

Have a look at the guides for claiming etc, the fact that they have offered 1k of the fees means they know they are pushing their luck.

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My total charges with Natwest come to about £1400. This would bring my amount owing to £2200. This is £800 over my overdraft but due to circumstances I cannot now pay this off. I would of done before if they hadn't applied all of the charges.

 

They refused my offer of £50 per month repayment and said they will issue a default against me and then said that when this is done their credit management team will probably accept £50 per month!!!!

 

I am furious with this and want to get that default removed when they do it as I would of paid it off had they not applied all these charges.

 

Is there anything I can do?

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