Just signed up after watching a documentry on the system and how it has become, and this website amazing was mentioned (well done all!) . im hoping this is going to be interesting
I have a 2 x Current Account with Lloyds TSB and One Online Savers Account.
One is in good Standing (i use it for bills which i can transfer over to another bank if required)
The other has a £3000 Overdraft which i am in, i get my salary paid into this account but does not cover the full amount, which incures overdraft charges and a Overdraft Fee of £5.00 its is a planned overdraft.
Im looking on advise on how to get rid of the overdraft i have had it for around 15 months and have paid roughly £1000 in charges so far.
Do i have to just pay it off, and grit my teeth or can i wipe it out and give them the middle finger by using the letter process, can you recommend what i should do and also can i use this thread to keep you updated and hopefully receive some additional support as and when?..
Also the copyright thing sounds interesting, has anyone actually successfully received payment from the bank after receiving more letters after being served with a fee schedule? for use of their copyrighted name? - or does this just frighten them into loosing more than they bargained for?
Cheers for reading, hopefully i will be able to document this experience for other users on the forum.