I’ve just had the bad news that the high court ruling has gone against people who thought that banks had charged rhem unfairly for going over their overdraft. One of those people was me. I had racked up over three thousand pounds worth of debt with one of the high street banks during my degree course, and becase I had been so short of money at the time, I was forever going over my agreed overdraft limit and of course getting charged an astronomical amount for the privelige.
Of course, I hadn’t had much pressure to settle the debt over the past couple of years, but as soon as the court ruling came through they were straight onto my back. I got one letter a week, at first asking for settlement within seven days, and when I failed to pay that I started to get very threatening letters indeed. It was difficult though, because I just didn’t have thhe means to pay. Fortunately one of my mates had the bright idea of finding a company online that might be able to offer advice, or even help me reduce my arrears somehow.
I had a little look around that night, and came across what looked to be a great site which seemed to think I would be able to get out of debt with their help. I started to look through the site and there was all sorts of advice. I had managed to accrue quite a bit of credit card debt and they had a great section on how to reduce credit card debt. I really needed help with all of my finances so I had a look at their debt management advice to see what they had to offer. It was so helpful and it lead me to being able to keep the bailifgfs off my back and I’ve now managed to work out a repayment plan that I can keep up with.
I don’t know what I would have done without that site, Now I’m free from the glare of the bank I can start to enjoy my life again!