Your are viewing a read-only archive of the old DiS boards. Please hit the Community button above to engage with the DiS !
Is it "in a shoebox under the floorboards" time?
I'm praying this doesn't happen. At least not this week/month.
had their overdrafts drastically reduced. Yes, they were graduates, but the softly-softly gradual reduction that was supposed to happen was abandoned by Natwest. Abbey did the same to me.
I live in it. If they take it away I'm fucked.
although I live with my parents at the moment so my outgoings won't be much once I get out of my debts.
My sister in law still has a full graduate overdraft and she left uni 7 years ago.
and I never finished my course. oops.
they just charge me a fiver a month. Not for much longer.
I'm not with Natwest but if my bank did this, I'd be fucked!!
they said I could go back and have another student account / £2000 overdraft again
i turned my overdraft into a loan. meaning that my account only went to zero and is always in plus numbers. and i'm gradually paying the overdraft off. i've never been so damn glad that i did that.
my student overdraft removed a week before i went into my second year. Managed to negotiate a payback scheme, where it goes down by £100 every month. Fucking shit, but I guess I might as well get myself as debt free as I can. Would have completely fucked me if I didn't have a job.
also, they gave me no warning AT ALL. I found out by chance.
How much was in the account/how much was it ovderdrawn by?
sorry, smile, not natwest. Still, I was pretty surprised. I thought they were nice and happy?
I wish I could concentrate through this flu.
I'm just worried about them being silly. They are an excellent bank, but RBS who own them are a bunch of complete bungling clowns.
Strange. I just had my overdraft increased by £400 last week, and they've been nothing but helpful and considerate (as far as banks go).
No idea how they're doing through this, though. Hopefully they're doing well...
and tried a couple of years ago to have my overdraft turned into a loan but they wouldn't let me. i'm still living in it and it's no smaller now than it was when i graduated 4 years ago. horrible over-the-limit charges aside though, they've been reasonably lenient with it, and haven't mentioned calling it in at all over the past few years. as far as i can tell, it's there until it's not. living on the edge...
not just get a loan elsewhere and pay off the overdraft? Am i missing something?
no-one will give me a loan :(
though given, as i just said in another thread, having to default on my credit card, this is possibly understandable. MOAR MONEY PLZ!!1!11
in August. I'm aiming to get rid of it asap, but I want to get rid of the credit card first (or at least get it down to a more manageable sum)
a) the government allow it
b) did the NatWest shareholders allow it
c) did RBS want to do this?
I am with natwest and have not entered into contracts with RBS, but with NatWest.
If one doesnt enter into contracts with any new owners, does one have any obligations to the new owners? If so isnt this tantamount to mild slavery? or at least like feudalism?
but i'm not in mine.
but i may have to do so soon.
i hope they don't call in my credit card debt tho :S
but then God went and put an American Apparel within 800 metres of my house :(
It's pretty unlikely they'll call in safe debts even if they go bust, as they have already been accounted for. By safe, they mean ones which are repaid every month and kept on a steady level. If you're 'toxic' as in, you bounce cheques, don't pay bills keep extending and keep missing your overdraft etc etc, you might be in more trouble. And if you're a current student, you'll probably be fine, as you haven't had the time to get a bad credit rating yet.
Still, might pay to be cautious and try and reduce your overdraft over the next few months, as it will decrease your likelihood of it being called in.
you big gay
with your money saved up in your bank account.
I don't think its time for that yet.
Talking of shoes, my youngest's feet are getting bigger every year, id better make provision for him having suitable footwear to change into for the next few years
because I hadn't paid anything into my account since god knows when, and I'm 288 quid overdrawn and haven't been in credit for about a year.