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    • now owned by Kensington  prime credit 5 was a luvy co. along with alpha credit 5 their uk portal was thru prime credit,  loans were administered on their behalf by Acenden, Acenden are Part of the Kensington Group. ultimately these were mostly all sold to Coast  have a look at post 8 here Trying to find contact details for prime credit 5 S.a.r.l - Welcome Finance - National Consumer Service  
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Before I Start


creepyjim

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Hi All,

 

Looking to start filling in the spreadsheet for A&L, before I do so I just wanted to check: for many months I have been charged £5 per month as a "Monthly OD Charge" for dipping into my authorised overdraught; am I also able to claim for this or is this a fair charge?

 

Thanks,

 

Creepy

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Hi All,

 

Looking to start filling in the spreadsheet for A&L, before I do so I just wanted to check: for many months I have been charged £5 per month as a "Monthly OD Charge" for dipping into my authorised overdraught; am I also able to claim for this or is this a fair charge?

 

Thanks,

 

Creepy

It's fair, creepy jim, if you find it was your monthly fee for having an overdraft facility. You should see this on your statements - you are a step ahead of me.

Good luck.

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Thanks for the reply. That answers my question

 

I have actually decided not to go ahead with alliance and leicester just yet, since they are closing accounts - tried opening a new bank account and two banks have turned me down so far (think my credit rating is stuffed >.

 

So will start with my Lloyds (which has been closed for a year) and come back to a&l once I have a new account

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Good idea. My account is meant to be closing on 20th October so we'll see if they do it. I have a small overdraft on it and they were going to let me know how to pay it off but they havn't yet!! Thought i'd let them do all the chasing now and see how they like it!!

Good luck with lloyds

:cool: Lily :cool:

 

 

Alliance & Leicester;

LBA 22nd July 2006

Reply 31st July

MCOL 6/8/06

PAID IN FULL 25th August 2006.....

DONATION HAPPILY GIVEN.......

 

If you are happy with my help please click on the scales at the side of this message

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Hi

 

for many months I have been charged £5 per month as a "Monthly OD Charge" for dipping into my authorised overdraught; am I also able to claim for this or is this a fair charge?

i was wondering the same thing only because my "monthly OD charge" seems to fluctuate from £5 per month up to £30 per month. Kind of feels like a penalty but wanted to ask if i should include it before calculating my spreadsheet and sending my LBA.

 

any advice would be great :)

 

thanks

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If it is a service charge that you have agreed to you cannot claim it, but if it is only applied when you go over your OD limit, it is a penalty and can be claimed.

The Consumer Action Group is a free help site.

Should you be offered help that requires payment please report it to site team.

Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

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