Advice Please

[Dirty_Dog]

Hope you can help.

I'm just in the process of claiming back my Bank Charges from Lloyds and I've got one main query (apologies if it's been asked before but there are just so many threads).

 

Is it feasible for me to get Lloyds TSB not only to refund the charges (circa £2,300) but also to ammend (not correct) my payment profile to show a clean payment history?

 

In a way I feel I'm being cheeky, after all I incurred the charges for a reason, but then I here about Banks making 6 Billion pound profit per year and it makes me angry.

 

I seem to recall an argument about removing and ammending default charges being mentioned before, so theoretically could I argue the same point about missed payments ude to exorbitant charges? And if so how?

 

Any hints, tips, or feedback welcome.

 

Thanking you in advance.

[121o121]

Do you mean the removal of a default notice?

[Dirty_Dog]

No.

 

Each payment you make (normally on a monthly basis) for a piece of credit (credit card, loan such forth) is represented by a number when you are credit scored;

0 = On time

1 = 1 Month behind

2 = 2 Months behind

3 = 3 Months behind etc...

 

Would it be feasible to argue that because of the charges levied against me by the Bank I was unable to meet the monthly payment requirements thus making the payments later as the charges got higher?

 

Hence that they should ammend my credit profile to show a clean payment history as oppose to

a NOC (notice of correction which as suggested is a note on your credit profile.

 

Thoughts?

[121o121]

Ah, you mean like if you get your free Experian Credit File?

[121o121]

I don't think you could successfully argue (for example) that because LloydsTSB charged you for missing a direct debit, Capital One should ammend their records because a payment was late.

 

Thats my opinion, anyone else?

[Dirty_Dog]

Yes I agree. It would be silly to expect that to happen

 

Maybe I should have been a little clearer.

 

I have a Lloyds bank account, with a lloyds overdraft and a lloyds loan which withdraws the monthly payment direct from the lloyds bank account. For whatever reason I was unable to meet the payments, which resulted in me going further into my overdraft (as Lloyds just kept taking the money), receiving further charges (for exceeding o/draft limit, and furtheron non payment of loan), meaning it took more and more funds to get back on an even keel before the next payment was due.

 

Ultimately I was unable to and the charges just increased and increased.

 

In this situation to you think there would be a fair argument? Is this something that other people are doing?

[121o121]

In my opinion no.

 

I was in the same situation a few years ago, and all I done was cancelled the direct debit for the LloydsTSB loan. I thought well I didn't have the money to meet the payment so why let the direct debit return and get charged aswell.

 

Under the direct debit gaurantee you have the right to cancel it at anytime.

 

Sorry, not having a go, but thats what I think.