Should I take them on ??

[MCPR82]

Hi All - I 'joined' yesterday

 

Currently about £1,000 over my agreed overdraft limit with Barclays and as I am not able to reduce this amounts at this time - Barclays are threatening ‘further action’. Though they have not responded (other than standard letters) to my Income and Expenditure breakdown (first sent on 24 February) or my list of creditors. As I understand it my 'case' is being dealt with by the CDVS Team (whoever they are) - though I've not heard from them as yet.

 

Given I owe Barclays (and Barclaycard alas) money at the moment – would it be sensible to make a claim against them for excessive charging, or would that just compound my ‘problems’. I have opened a parachute account with HBOS

 

Any advice or thoughts from any one with similar experiences would be most welcome!

 

Thanks and good luck to you all.

 

MCPR

PS I have posted a similar thread on the NatWest forum page

[dar£n]

Being over your overdraft limit does NOT take away your right to reclaim your charges.

[MCPR82]

Thank You Dar3n

[MCPR82]

Any Cues as to where the SAR letter goes anyone ???

[dar£n]

SAR goes to either your own branch or to head office London.

[oneofakind]

Sent mine to the local branch, seemed to work fine (but took 5 weeks!)

 

Get your claim moving! If you're a grand over your agreed limit, I shudder to think how much they're taking from you in charges. 90 quid a month, is it? How much difference would getting all that back make to your overdraft!!

 

Best of luck,

 

David:)

[MCPR82]

Sent mine to the local branch, seemed to work fine (but took 5 weeks!)

 

Get your claim moving! If you're a grand over your agreed limit, I shudder to think how much they're taking from you in charges. 90 quid a month, is it? How much difference would getting all that back make to your overdraft!!

 

Best of luck,

 

David:)

 

 

Thanks David. If I'm sucessful if will reduce some (not all alas) of the overdraft - but it's a start!! They charge £35 a time for telling me I'm skint - Bless Em'

 

Anyone know if I can ask them for a cheque (to pay into my parachute account) ??

[intercityman]

I suspect they will clear it from you debt. And i think I would recommend this too, it does not look to good if you not try to reduce a debt. Just my thoughts..

[MCPR82]

I suspect they will clear it from you debt. And i think I would recommend this too, it does not look to good if you not try to reduce a debt. Just my thoughts..

 

 

Intercityman - My thoughts as well - but thanks for your input!!

[MCPR82]

SAR Letter sent Today via Recorded Delivery

[MCPR82]

Another thought - Sorry Folks. Now I have sent my SAR to Barclays (and also Natwest and Barclaycard) am i right in thinking that as my accounts 'are in dispute' then interest and charges are frozen until such a time as the dispute is resolved (i.e. when they all pay me back what they owe) ??

 

Any help / advice gratefully received, as always.

 

Ta

 

MCPR

[crowe]

Just from personal experience this is not the case - they are still happily taking 90 quid a month off me.

 

Good luck with your claim though - you sound like a stand up fellow

[dar£n]

am i right in thinking that as my accounts 'are in dispute' then interest and charges are frozen until such a time as the dispute is resolved

afraid not matey, they will continue to charge you even after you win your case..

[MCPR82]

Thanks Dar3n and crowe - I thought that prob would be the case - but always best to check these things. Good luck to you both as well !!

 

Clock is ticking as Barclays signed for my SAR letter on Monday (I have a print from the net of the signature as well) - So watch this space.

[oneofakind]

I think the only grace 'dispute' gives you is that they can't enter a default on your credit record.

 

they're still charging me too!

 

D.