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MSE News: Bank charges fighting on: a new legal argument
Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE News Story:
"MoneySavingExpert.com has hired a top QC to look at whether there's hope in the bank charges case, so we wanted to lay out the provisional legal arguments ..."
Comments from the other campaign groups:
www.Penaltycharges.co.uk Is very pleased to confirm that we have joined forces with Money Saving Expert, Legal Beagles and the Consumer Action Group. In a joint campaign against unlawful bank charges, Money Saving Expert has paid for Ray Cox 'QC' to draft the new Particulars of claim (POC) for all forums, which should be available for members to use within 10 days. We stress that all sites are now working as one to bring Justice to all consumers who have been the victim(s) of Unlawful bank charges.
www.legalbeagles.info Speaking on behalf of LegalBeagles members, we are delighted that we have the opportunity to represent consumers in a joint collaboration with the other free consumer sites, to work together to bring the banks to account for their actions. We have long believed that together we are stronger and hope that despite retaining each sites individual character and focus, we will be able to continue working together for a long time in the future.
"MoneySavingExpert.com has hired a top QC to look at whether there's hope in the bank charges case, so we wanted to lay out the provisional legal arguments ..."
Read the full story:
Also see:
Comments from the other campaign groups:
www.Penaltycharges.co.uk Is very pleased to confirm that we have joined forces with Money Saving Expert, Legal Beagles and the Consumer Action Group. In a joint campaign against unlawful bank charges, Money Saving Expert has paid for Ray Cox 'QC' to draft the new Particulars of claim (POC) for all forums, which should be available for members to use within 10 days. We stress that all sites are now working as one to bring Justice to all consumers who have been the victim(s) of Unlawful bank charges.
www.legalbeagles.info Speaking on behalf of LegalBeagles members, we are delighted that we have the opportunity to represent consumers in a joint collaboration with the other free consumer sites, to work together to bring the banks to account for their actions. We have long believed that together we are stronger and hope that despite retaining each sites individual character and focus, we will be able to continue working together for a long time in the future.
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Comments
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Nice so martin can lead us all up the garden path again and we can all be dissapointed again and the banks will win again same old story the little people........0
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Nice so martin can lead us all up the garden path again and we can all be dissapointed again and the banks will win again same old story the little people........
Like he states in the article, don't plan on getting any money back, then you wont be disappointed!
After the shock of the judgement, I'm very positive now that we can 'stick one up' the banks, so to speak!0 -
MRLeeLee the onything "going up the banks" is the coke going up there noses what they buy with our money!!0
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After the shock of the judgement, I'm very positive now that we can 'stick one up' the banks, so to speak!
I sincerely hope not. The majority of bank account holders who manage their money carefully, budget within their means, and therefore manage to avoid going into unauthorised arrears would quite like to continue with free banking thank you very much. :beer:0 -
MRLeeLee the onything "going up the banks" is the coke going up there noses what they buy with our money!!
Well I couldn't possibly comment on that, although I do believe that this new route to 'attack' them on looks promising.
When you signed up for your bank account, did it state that if you go over your overdraft, the excessive charge you pay will mean other people don't have to pay for their account? I know it didn't on mine!0 -
I sincerely hope not. The majority of bank account holders who manage their money carefully, budget within their means, and therefore manage to avoid going into unauthorised arrears would quite like to continue with free banking thank you very much. :beer:
Yes at the detriment of others.
What do you think would happen if we all managed our banking affairs without problems? Who would pay for your free banking then?
Do you hope people stay in financial difficulties so that you can carry on with your free banking service, because this is in effect what you're saying.
Not one person has answered this, a question I have asked several times.
As stated in another thread here people who pay charges are subsidising 4 other people to have free banking. Do you think this is a fair way for the banks to run their business? Counting on those who find themselves with money problems for one reason or another, to fall under and get charged somewhere around £200 a month?
I'm paying £50 a month for your *free* banking. So in actuality, your banking costs ME £600 a year.0 -
I sincerely hope not. The majority of bank account holders who manage their money carefully, budget within their means, and therefore manage to avoid going into unauthorised arrears would quite like to continue with free banking thank you very much. :beer:
Oooo, you ruthless little capitalist you0 -
Millajojo save your breath most of them who come on here are wums anyway.0
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I'm paying £50 a month for your *free* banking. So in actuality, your banking costs ME £600 a year.
And I don't care what anyone says, I'm pretty sure most of those people who get charged is because of unexpected difficulties etc. not just because they've gone out and bought a 52" TV that they couldn't really afford.
Then because of the unexpected unseen difficulties those charges get added to more charges, then more charges on top of that, until it spirals out of control. But hey, its not everyone elses fault you came into difficulties is it? They are happy you are struggling through problem times, as it pays for their free banking. Let the debt and the fact your life is crumbling around you carry on, they get free banking from your misery!
Pretty sickening when you think about it like that!0 -
And I don't care what anyone says, I'm pretty sure most of those people who get charged is because of unexpected difficulties etc. not just because they've gone out and bought a 52" TV that they couldn't really afford.
Then because of the unexpected unseen difficulties those charges get added to more charges, then more charges on top of that, until it spirals out of control. But hey, its not everyone elses fault you came into difficulties is it? They are happy you in those, as it pays for their free banking.
MillaJoJo racks up £200 in charges each month. How can that be described as unexpected?
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