Mash_alive vrs Nationwide

[mash_alive]

I am about to commence claiming from Nationwide and will be sending the 1st letter asking for my last 6 years statements asap.

My worry is:

1. Will they close my current account? They owe me about £750 (what I calculated over a 2 year period), but I have an od with them for £850. I can get this money back, pay them and close the account or refer them to a debt management company and use the money elsewhere where it's in dire need. Would this do? Anyone please advise.

2. I have a Credit Card with them with a limit of £1,650 which is mostly used up. Will they demand I close this too?

Thanx in advance guyz.

[mash_alive]

Hi guyz!

I am about to commence claiming from Nationwide and will be sending the 1st letter asking for my last 6 years statements asap.

My worry is:

1. Will they close my current account? They owe me about £750 (what I calculated over a 2 year period), but I have an od with them for £850. I can get this money back, pay them and close the account or refer them to a debt management company and use the money elsewhere where it's in dire need. Would this do?

2. I have a Credit Card with them with a limit of £1,650 which is mostly used up. Will they demand pay the credit and close this too?

Anyone please advise.

 

Thanx in advance guyz.

[dx100uk]

i doubt very much any bank will force the closure of any a/c following the fine dished out to a&l recently.

 

dont worry, go for the claims

 

dx100uk:D

[kwaker]

We opened up another account and got the same overdraft facility as with the nationwide. Just speak to the bank you intend on going with. They have to give you notice to close your account.

As far as I know it doesnt affect other accounts you hold with them. I have a credit card, mortgage, 2 kids savings accounts with the nationwide. I am claiming against our flexaccount but I dont see how they can shut down the other accounts.

[mash_alive]

Thanx kwaker. Already opened another account with Halifax. Time to get the ball rolling. Will keep you all posted on the progress.

[mash_alive]

Thanx dc100uk. Just posted the initial letter. Update in 14 days. Watch this space!

[lori1]

hi mash, i have just submitted my claim through mcol so i will let you know if they close my account. best of luck with yours.x

[mash_alive]

Best of luck lori1. Keep me posted. Likewise.

[mash_alive]

Hi all! Promised to keep you updated. Just got my statements for the last 6 years. Question is can I include "Cheque card misuse fee" in my claim?

Also when calculating all the fees charged over this 6 years, should I calculate interest to date in my first claim letter to Nationwide?

[mash_alive]

Hi all! Promised to keep you updated. Just got my statements for the last 6 years. Can I include "Cheque card misuse fee" in my claim?

Also when calculating all the fees charged over this 6 years, should I calculate interest to date in my first claim letter to Nationwide?

[livelylad]

Hi all! Promised to keep you updated. Just got my statements for the last 6 years. Can I include "Cheque card misuse fee" in my claim?

Also when calculating all the fees charged over this 6 years, should I calculate interest to date in my first claim letter to Nationwide?

 

Yes to the card missuse fee, 8% statutory interest is added should you file at court.

 

4 Threads merged please stick to one.