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Re: Fed Up !!!!
HELLOOOOO
This feller is in unquestionable hardship from what he has posted I believe the banks will turn him down flat but the FOS will give him a fair crack of the whip.
We are all finding things tough at the moment but would you swap your life for his?
In making an assessment of financial difficulty the Bank will take into account:
a.
evidence of changes in lifestyle, (Had to Give up Smoking to afford to survive) including loss of employment (YEP); disability; serious illness; imprisonment; relationship breakdown (new Partner); death of a partner; starting a lower paid job; parental/carer leave;(New Baby) and starting full-time education;
b.
evidence of the following events:
i.
items repeatedly being returned unpaid due to lack of available funds;
ii.
failing to make loan repayments or other commitments;
iii.
discontinuation of regular credits;(Meters on household utilities, if that is not a discontinuation what is)
iv.
notification of some form of insolvency or court proceedings; eg eviction application
v
regular requests for increased borrowing or repeated rescheduling of debts;(Every time you buy a meter top up you are rescheduling your debt aren’t you ?)
vi.
making frequent cash withdrawals on a credit card at a non-promotional rate of interest; and
vii.
repeatedly exceeding a credit card or overdraft limit without agreement (and, in this regard, where a complainant has incurred over £500 in unauthorised overdraft charges in the previous 12 months, that is to be treated as indicative of financial difficulty).
Striker If you don’t feel you are in hardship having read the above threads then don’t bother, if you feel you need to apply just say the word...nothing beats a try!
HELLOOOOO
This feller is in unquestionable hardship from what he has posted I believe the banks will turn him down flat but the FOS will give him a fair crack of the whip.
We are all finding things tough at the moment but would you swap your life for his?
In making an assessment of financial difficulty the Bank will take into account:
a.
evidence of changes in lifestyle, (Had to Give up Smoking to afford to survive) including loss of employment (YEP); disability; serious illness; imprisonment; relationship breakdown (new Partner); death of a partner; starting a lower paid job; parental/carer leave;(New Baby) and starting full-time education;
b.
evidence of the following events:
i.
items repeatedly being returned unpaid due to lack of available funds;
ii.
failing to make loan repayments or other commitments;
iii.
discontinuation of regular credits;(Meters on household utilities, if that is not a discontinuation what is)
iv.
notification of some form of insolvency or court proceedings; eg eviction application
v
regular requests for increased borrowing or repeated rescheduling of debts;(Every time you buy a meter top up you are rescheduling your debt aren’t you ?)
vi.
making frequent cash withdrawals on a credit card at a non-promotional rate of interest; and
vii.
repeatedly exceeding a credit card or overdraft limit without agreement (and, in this regard, where a complainant has incurred over £500 in unauthorised overdraft charges in the previous 12 months, that is to be treated as indicative of financial difficulty).
Striker If you don’t feel you are in hardship having read the above threads then don’t bother, if you feel you need to apply just say the word...nothing beats a try!
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