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... but what about my loan?


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Hello everyone, I've spent a few weeks reading through all the information and am considering going for it. The main reason is for 4 years I was a student and so constantly toying with my overdraft limit - my list of charges would be very high.

 

However, I am a student no more and recently took a debt consolidation loan WITH MY BANK, the balance of which stands at £3,600.

 

Should I launch action to reclaim the charges, is there a chance the bank could cancel the loan and demand the money back? Because of my credit record I am not in a position to get an alternative loan with another financial institution. This is currently stopping me from launching a claim...

 

Thanks for any help and advice in advance!

 

Dave

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