I didn't pay my overdrafted bank account for too long and now I can't pay. How bad is it to fix?

Question

So I overdrafted my account and didn't repay it for over a month. Today i went to finally pay and ATM said my card wouldn't let it make the deposit. How bad is this and what would I have to do to fix it? Please no stupid answers like "Very bad" and I already know what I should have done.

Answer 1

go and talk to your bank manager and he will help you sort it out but do it sooner than later

Answer 2

Your ATM card didn't work because the bank probably cancelled your account. The only real way to fix it is to pay what you owe, and you'll probably have to pay at least some of the accumulated penalties and interest. Go to the bank and talk to them and ask them what you need to do.

If you can't pay it, you might have to go on a cash basis for awhile, and pay your bills with money orders. Not the end of the world - lots of people do that.

You might be able to open an account in another bank, but if they find out about the other bank, maybe not.

Answer 3

there is probably a block on your card if you have ignored it.

you should make an appointment with yout financial adviser at the bank and advise that u had financial difficulites however are in a position to pay it off/ start paying it.

they probably will beable to come to an arrangement with you. like reducing the overdraft amount by 50 a month until it has cleared or a loan to clear it. its all dependant of personal situation and the best solution for you. its not actually THAT bad because your making the effort to fix it now.

hope that helps

Answer 4

Go into the bank and make the deposit in person. They may have put a freeze on your account so you wouldn't do anything sneaky to get into the green like depositing a fake check or something.

Answer 5

commonly, no. they are able to in basic terms refund funds like this to absolutely everyone whom you have set up a right away debit for, and then they are able to and could do it without your permission. yet whilst there isn't any direct debit in contact, they could desire to not be making any funds which you have not approved. although, i ask your self for that reason in the event that they have executed it because of the fact your ex-husband nevertheless has some rights to get right of entry to the account. Did you have the comparable account once you have been mutually, and if so did you you would be wanting to tell the financial organization that he could desire to now not have get right of entry to? Or do you think of he could have instructed them which you have been nevertheless married, wherein case he does have rights to entice out of your account besides (besides the reality which you will wish that they could have widespread this!)? i could write them yet another criticism letter for now. i could additionally pop into your own branch and ask to talk to somebody there. you additionally can keep attempting the call centre as you will probable get a distinctive guy or woman every time - i know anybody complains approximately distant places call centres yet my financial organization (HSBC) additionally makes use of a centre in India and that i've got truthfully never had any issues speaking with human beings there. they could have an accessory yet they nevertheless do communicate proper English.

Answer 6

Hi Kyle J,

LQQK you can't bank there you need to find you another bank!

If you can fix this at the bank your banking @ now let me know cause even I overdraft! Have a good day!

Answer 7

Honestly I don't really know, but at best you'll probably have a bunch of charges to pay before they unlock your account. Just go into the bank with plenty of money and ask what you have to do.

Answer 8

The only way your going to fix it is to pay the fees. Or, you could close the account -- open another else where. But, no matter what -- you will have to pay the over draft fees.