Quote:
Originally Posted by andy05
I know someone who works for natwest who said the bank may start playing "hardball" . If you claim back all the charges and have either loans/overdrafts/creditcards with the same bank,they are within there rights to demand them paying back in full within 14 days  . Aparently its in the small print of the agrement they didnt want to put me off (its a mate) he just said switch all of them to a different lender befor you claim  .I havnt heard this has actually happend to anyone yet but its worth thinking about. I need to move some of mine before i claim |
There was a statement released by the banking ombudsman, to the effect that, although the banks are well within their rights to cancel peoples agreements and ask for full payment, the ombudsman would take a very dimm view on this and all such instances should be reported to them for investigation.