HSBC & DG Solicitors

[pooky2483]

Re: HSBC & DG Solicitors

A bit of history lesson is required then;

I opened a Bank Account
Took out a loan
Took out another loan for a bit more cash and to pay off the first one
Became overdrawn
Defaulted on the loan
The decided to put the overdraft and loan together and give it to DG Sol.

[pooky2483]

Re: HSBC & DG Solicitors

Sounds like they are trying to get out of it by quoting the Current Account Overdraft and ignoring the loan

[Never-In-Doubt]

Re: HSBC & DG Solicitors

A bit of history lesson is required then;

I opened a Bank Account
Took out a loan
Took out another loan for a bit more cash and to pay off the first one
Became overdrawn
Defaulted on the loan
The decided to put the overdraft and loan together and give it to DG Sol.

Ok well that changes EVERYTHING!!!!

Hold fire 5 mins.....

[Never-In-Doubt]

Re: HSBC & DG Solicitors

I opened a Bank Account

When (roughly)

Took out a loan

When and for how much?

Took out another loan for a bit more cash and to pay off the first one

When and for how much?

Became overdrawn

When and for how much?

Defaulted on the loan

When, roughly?

The decided to put the overdraft and loan together and give it to DG Sol.

see comments in red

[pooky2483]

Re: HSBC & DG Solicitors

They quote the Current Account and Managed Loan in this letter
HSBC DG Solicitors - Page 2 - allaboutFORUMS
But fail to deliver the goods.

[Never-In-Doubt]

Re: HSBC & DG Solicitors

They quote the Current Account and Managed Loan in this letter
HSBC DG Solicitors - Page 2 - allaboutFORUMS
But fail to deliver the goods.

can you please just answer my questions - all you did was link back here to this same page

I'm confused already, I will ask questions, if you can please answer that would be great. I don't need more info, literally only what I ask for at this stage

[pooky2483]

Re: HSBC & DG Solicitors

can you please just answer my questions - all you did was link back here to this same page

Looks like the single post linking is not working.

[Never-In-Doubt]

Re: HSBC & DG Solicitors

Looks like the single post linking is not working.

Yes it is.... click the number by the hash.....



That opens this --> allaboutFORUMS - View Single Post - HSBC DG Solicitors

[pooky2483]

Re: HSBC & DG Solicitors

I opened a Bank Account
Dec 2005/Jan 2006

Took out a loan
Mar 2007 £4,000.00

Took out another loan for a bit more cash and to pay off the first one
Feb 2008 £5,950.00

Became overdrawn
When and for how much?
Sept 2008

OD £50.09:LOAN £6,384.62 (Inc interest & charges)

Defaulted on the loan
When, roughly?
Sep 2008

The decided to put the overdraft and loan together and give it to DG Sol.

[pooky2483]

Re: HSBC & DG Solicitors

Yes it is.... click the number by the hash.....

[ATTACH]8825[/ATTACH]

That opens this --> allaboutFORUMS - View Single Post - HSBC DG Solicitors

Strange? I've never needed to do that before???

[Never-In-Doubt]

Re: HSBC & DG Solicitors

Strange? I've never needed to do that before???

Thats the only way to do it mate - trust me, I built the forum

[Never-In-Doubt]

Re: HSBC & DG Solicitors

I opened a Bank Account
Dec 2005/Jan 2006

Took out a loan
Mar 2007 £4,000.00

Took out another loan for a bit more cash and to pay off the first one
Feb 2008 £5,950.00

Became overdrawn
When and for how much?
Sept 2008

OD £50.09:LOAN £6,384.62 (Inc interest & charges)

Defaulted on the loan
When, roughly?
Sep 2008

The decided to put the overdraft and loan together and give it to DG Sol.

Thank you - ok, next:

• Can you confirm did the overdraft happen as a result of a missed loan payment to that account or was it something else that put you overdrawn?
• Did you have an agreed overdraft facility?
• I am trying to establish if the loan payment coming from your current account caused you to go overdrawn or whether it was another reason. If it was, can you recall what month the loan payment came out that made you overdrawn and also did you have an arranged OD with that bank.

That is all I need to know please

[pooky2483]

Re: HSBC & DG Solicitors

Thank you - ok, next:

• Can you confirm did the overdraft happen as a result of a missed loan payment to that account or was it something else that put you overdrawn?
• Did you have an agreed overdraft facility?
• I am trying to establish if the loan payment coming from your current account caused you to go overdrawn or whether it was another reason. If it was, can you recall what month the loan payment came out that made you overdrawn and also did you have an arranged OD with that bank.

That is all I need to know please

In a letter I've found, it states 'Informal Overdraft'
Basically overdrawn through own fault
I never started paying the loan as I lost my job just before it was due to be paid.

The loan was partly used to clear my credit card
If you check the Credit file I emailed you, you will also see that I had a credit card too. £2,086.83 of the loan was used to pay it off and it was closed.

[Never-In-Doubt]

Re: HSBC & DG Solicitors

Usually HSBC loans are repaid out your account. If they are due to be paid it normally authorises the payment (cos it's to themselves) putting you overdrawn.

Is that what occurred or are you saying you made a purchase and went OD?

Seems pedantic but it's very very important we get that right as to how we play it from here. I'll be able to get them to return this and/or at least revert it into the loan again but in essence they've attempted to merge a REGULATED product into an UNREGULATED product.

Oooops

[pooky2483]

Re: HSBC & DG Solicitors

I applied for the loans and they put the money into my account.
I went OD through my own fault.
Shall I upload all the documents (in PDF format) I've got in relation to the HSBC accounts I had?
If so, where exactly?