Ask a Law Question, Get an Answer ASAP!
Hello, my name is Jim and I am a qualified lawyer happy to help you this evening.
If you are a consumer then potentially you would have a case if the lender has increased the overdraft facility without your agreement or if it has done so outside of their contractual terms. It is a large sum of money so you would be best advised speaking to a firm of solicitors who can get the lender to write off the overdraft - the firm which I recommend is Stephensons Solicitors and if you speak to the finance team - they have helped others write off large loans like this. Their site is http://www.stephensons.co.uk and I would recommend you ask them for a no win no fee agreement.
I hope this helps - if you can please accept the answer and give me a 5 star rating (the top right of your screen & then click “submit”), I can answer follow up Q&A's at no extra charge and I will be credited for helping you today.