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Furious with Barclays Bank... (charges)
Comments
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Being as OP is unemployed (the failed payment was JSA), now would be such an "emergency" would it not?They are meant to be an emergency facility to be used short-term...
I assume the OP is looking for a job.Sort your finances out. Get rid of your overdraft.
That said, there is no excuse for not keeping a running tally of what you're spending and what's due to come out of your account (in the form of DDs/SOs and charges etc), and this is where the OP seems to have failed being as they have a history of account breaches, ie "it's not my first time, i've been refused quite a few times for refunds".0 -
opinions4u wrote: »I don't understand why you didn't simply leave a minimum balance of £16 in your account, knowing that these fees were going to come out sooner or later.
<shrug>
Well i had been doing this for ages, there was only one day where the money wasn't there and this was due to my car needing emergency repair, otherwise i was walking a long way home with my child that day.People seem to think overdrafts are a godgiven right and an extension of their money. They are not. They are meant to be an emergency facility to be used short-term, but so often we see posts about people regularly living to their overdraft limit, and then squealing with outrage when the limit is breached.
An overdraft is agreed. If you keep using it as a cash reserve, and then go over it, there is noone to blame but yourself.
What does it matter if i have an overdraft?? This would have happened if i was £0 balance, and they took the charges causing me to be overdrawn.
:rolleyes: Although i don't like their charges, my thread is not to complain about the charges per se, but their conduct in taking the charges, i.e. taking the charges from a £0 balance, causing me to incur MORE charges.As a Barclays shareholder, I applaud their decision to charge £8 everytime someone borrows money from my company without asking.
Omg :rolleyes: I'm not even rising to this. All i will say, is my overdraft is agreed, and i pay plenty of interest for the privilege. Again, why is my overdraft any of your business? Overdraft in this scenario is irrelevant.Sort your finances out. Get rid of your overdraft. And then you won't be so outraged that the bank was simply doing its job on behalf of its shareholders, staff and fellow customers who DON'T live on credit they didnt ask for.0 -
YorkshireBoy wrote: »Being as OP is unemployed (the failed payment was JSA), now would be such an "emergency" would it not?I assume the OP is looking for a job.
That said, there is no excuse for not keeping a running tally of what you're spending and what's due to come out of your account (in the form of DDs/SOs and charges etc), and this is where the OP seems to have failed being as they have a history of account breaches, ie "it's not my first time, i've been refused quite a few times for refunds".
No, being unemployed is NOT an emergency.
An emergency is short and sharp, not sustained and ongoing.
An overdraft is more properly called an overdraft facility, to be used as and when is needed. It should NOT be seen as a perpetual state of being.
I get sick and tired of hearing people talk about how they 'not very good with money' and as they type it, I can almost hear them chuckling and thinking it makes them appear interesting and exotic. It doesnt. It makes them look childish and irresponsible.
It's time we all grew up and took some personal responsibility for our financial health, and that does NOT include living on an overdraft facility in perpetuity. How on earth can a grownup not master the simple skills of keeping a running tally of what is in their bank account? What is their head full of - the lastest tribulations of Katie effing Price?
A responsible person in this instance would not be furious with Barclays Bank. They should be furious with themselves. But of course that is far too much to ask for in modern society.0 -
YorkshireBoy wrote: »Being as OP is unemployed (the failed payment was JSA), now would be such an "emergency" would it not?I assume the OP is looking for a job.
That said, there is no excuse for not keeping a running tally of what you're spending and what's due to come out of your account (in the form of DDs/SOs and charges etc), and this is where the OP seems to have failed being as they have a history of account breaches, ie "it's not my first time, i've been refused quite a few times for refunds".
Yes you're quite right, i've never been the best with my money, and would never pretend otherwise. However in this instance, my grievance is with their efforts to get MORE charges from me! I'm going to ring them soon so i'll see what they say, not holding my breath.
Just to clarify, i understand i didn't have the money there on the day i cleared my account for the car repair, but i don't think they should have given me another charge, especially as they hadn't given me a specific date when they'd be taken. Also my balance is clear now, so it was less than 24 hours overdrawn, but they're charging me for the Morrisons payment
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No, being unemployed is NOT an emergency.
An emergency is short and sharp, not sustained and ongoing.
An overdraft is more properly called an overdraft facility, to be used as and when is needed. It should NOT be seen as a perpetual state of being.
I get sick and tired of hearing people talk about how they 'not very good with money' and as they type it, I can almost hear them chuckling and thinking it makes them appear interesting and exotic. It doesnt. It makes them look childish and irresponsible.
It's time we all grew up and took some personal responsibility for our financial health, and that does NOT include living on an overdraft facility in perpetuity. How on earth can a grownup not master the simple skills of keeping a running tally of what is in their bank account? What is their head full of - the lastest tribulations of Katie effing Price?
A responsible person in this instance would not be furious with Barclays Bank. They should be furious with themselves. But of course that is far too much to ask for in modern society.
If the use of my overdraft was free then i could see your point, but it's nothing more than a loan as i pay interest to live in it. But as i said it's not really relevant.0 -
I get sick and tired of hearing people talk about how they 'not very good with money' and as they type it, I can almost hear them chuckling and thinking it makes them appear interesting and exotic. It doesnt. It makes them look childish and irresponsible.
!!!!!!? :rotfl::rotfl::rotfl::rotfl:0 -
digitalphase wrote: »!!!!!!? :rotfl::rotfl::rotfl::rotfl:
You can laugh, but the forum is imbued with it. In fact,the forum needs it to survive and thrive.
It's a sympton of the dumbing down of modern society. People wear their financial illiteracy like a badge of honour and use it as an excuse for all sorts of childish behaviour.0 -
But you're not helping yourself, especially with this...Yes you're quite right, i've never been the best with my money, and would never pretend otherwise.
If you're not good with money why on earth did you do this?I asked when my next statement was due and they couldn't tell me?? I have no idea as i've recently switched to quarterly after being on monthly for ages
Switch back to monthly, and use the reverse of your paper statement to keep a running tally of what you're spending and the charges/interest due. When the new statement comes in, reconcile it with your own records and start again. This approach served me very well years ago when I had nowt!
Be proactive...not reactive.0 -
YorkshireBoy wrote: »But you're not helping yourself, especially with this...If you're not good with money why on earth did you do this?
Switch back to monthly, and use the reverse of your paper statement to keep a running tally of what you're spending and the charges/interest due. When the new statement comes in, reconcile it with your own records and start again. This approach served me very well years ago when I had nowt!
Be proactive...not reactive.
I have no idea why i was switched to quarterly, i'm pretty sure they told me i'd have to pay for monthly statements or something, i was quite happy with my monthly but after a phone call for something unrelated i ended up being switched, i didn't ask specifically to be.0 -
You can laugh, but the forum is imbued with it. In fact,the forum needs it to survive and thrive.
It's a sympton of the dumbing down of modern society. People wear their financial illiteracy like a badge of honour and use it as an excuse for all sorts of childish behaviour.
I really don't see how anyone could take any enjoyment out of or being proud of having no money in the bank and having large debts?
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