Overdraft Debt

University fees meant that I needed a £2000 overdraft limit. University was a pretty terrible experience for me but I kept telling myself I could do it so I didn't drop out until later in my final year. It was near the end of the first semester when I started having problems with my mental health and from then on it only got worse until I eventually had to re-sit my 2nd year. Over the time I spent there I put on over 70lbs in weight and got prescribed anti-depressants for depression and anxiety.

It has been 1 year since I finished and due to the pandemic things haven't really improved that much. Covid scares me and my dad and I are both in the higher-risk categories due to chronic illness and being overweight.

To get to the point, I ended up using my overdraft but have been really careful not to exceed the limit. However, I recently got charged for going over the limit (which I hadn't) which confused me. After a call with the bank I discovered that they'd changed my account status which means that I now get daily charges for being in my overdraft. The interest percentage is in the highest tier due to the amount.

I need to find £2046 from somewhere and I don't know what to do as my parents don't have the money. I'm currently out of work but I have been looking for a few months now and have recently decided to sign up to Universal Credit as I was told I need to start saving/paying towards my pension.

Even if I sold everything I own I wouldn't be able to pay this debt off. I currently have no income which means I'm just going to fall further into debt. I'm asking for assistance from anyone who has anything at all to share and would be extremely grateful if anyone could help me.

Kind Regards,

Matt
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