Halifax Overdraft Monthly Fees

[April2013]

Hi,

I am wondering if anyone can help.

 

I have an overdraft of £2570 with Halifax/Bank of Scotland.

 

This was a student OD that I haven't paid off.

 

I pretty much live in it every month.

 

I have being paying their monthly fees every month for the OD without fail (since graduation in 2009!!!),

however, my circumstances have changed.

 

I am due to go on maternity leave in the next month, and will only be earning statutory pay of ~£500 per month after tax.

This low wage means I will be unable to pay the

~£90 per month fees,

let alone attempt to reduce the overdraft.

 

Is there anything I can do.

 

I have payment plans two other debts, and I have requested a reduced payment

for the maternity leave period, but given this isn't a debt but a fee I am not sure where I stand.

 

I have an account with RBS which I dont use,

so could switch all monthly payments etc to that,

but I would still incur fees on the halifax account.

Thanks in advance

[Conniff]

To make certain it is you in charge of your finances, have all payments made to an bank where you have no debt, you can then work out how to tackle things.

[April2013]

thanks, so you think switching to another account and having my wages and bills etc come off of that and pay towards OD from there? I still wouldn't be able to afford the fees though, and pay off the OD