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Some clarification on BCOBS


Marianne7
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I'd appreciate some clarification on this as I have an appointment at my bank tomorrow.

 

I'm unsure of the details but I think if one has an agreed overdraft then they can apply charges. But, if charges are applied, then the money available to me to use for day to day items is then diminished. What happens in this case?

 

I was on ESA and then JSA since February 2009 and in September 2011 I became a pensioner. I have an agreed £1000 o/d although the only income I have is my state pension + about £4.00 pw from a County Council pension.

 

I have been charged for various failed SO/DDs. I'm not able to bring the o/d down and it's use is slowly being worn away.

 

Is BCOBS of any use to me? Thanks for any info on this situation.

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