Bank Charges - illegal?

kennyward

to all fellow bank charge fighters.news hot off the press*********halifax today told me that my bank charges for last year £185.00 have been credited back to my account.this after two phone calls intructing them of my intensions if they did return the punitive charges and of course the proforma letter from https://www.TheBankActionGroup.com refering to the data protection act and possible courtb action.what a confidence BOOSTER this is for me to now recover all charges that have been applied to my account over the last 6 years.a speacial thankyou to dbchurch for his valued advise.COME ON ALL FELLOW BANK CHARGE FIGHTERS IF I CAN DO IT YOU CAN.LET THE BATTLE BEGIN. :beer: :j :T :rotfl:

Pere_Ubu

I wrote to Asset Link and asked them to explain charges appearing on my account. I did default a year ago but am now paying through a free debt management company. However, they state "Upon service of the default notice and calling in letters, charges were made for each letter at the rate of £50". Can I do anything about this? Charging £50 per letter!
They also go on to say that amounts on my account £0.19 and £0.01 they have no record of and I am to "assume these adjustments were for correction of interest charges to the account" I know it's only pennies but the cheek of it! Just assume!!

carlih1

kennyward wrote:

to all fellow bank charge fighters.news hot off the press*********halifax today told me that my bank charges for last year £185.00 have been credited back to my account.this after two phone calls intructing them of my intensions if they did return the punitive charges and of course the proforma letter from https://www.TheBankActionGroup.com refering to the data protection act and possible courtb action.what a confidence BOOSTER this is for me to now recover all charges that have been applied to my account over the last 6 years.a speacial thankyou to dbchurch for his valued advise.COME ON ALL FELLOW BANK CHARGE FIGHTERS IF I CAN DO IT YOU CAN.LET THE BATTLE BEGIN. :beer: :j :T :rotfl:

Gives me some hope although my charges are a lot more than yours. add a zero onto it!!!!

I have put in my letter to halifax last week giving them 7 days to credit my account as yet nothing. SO i'll send them a letter before action tomorrow. Did u call them or did they call you????

Carli

regularsaver1

is this why interest rates get cut?

Tim_L

Well hardly. We are told that these charges are to "cover costs". So they can't really be used to reduce interest rates too, can they? In any case, it does not follow that the organisations with the best interest rates also operate penalty fees: these are determined by competition for savers and influenced by base rates.

regularsaver1

I mean - there are people that never get charged because they don't miss payments ect --- what do they get for that? silch

tempest42

Carlih1,
Keep going, the halifax (note the lowercase H) seem to think they are a law unto themselves and are nothing but the biggest bunch of bullys Ive ever come across,
or at least on a par with sKY,o2 and wESCOT.
Just follow the procedure.
1 nice phone call - gets you nowhere, give them half hour on the phone
2 nice letter shorter the better (recorded delivery) - gets you a brush off, 15 mins
3 not so nice lettler telling them of procedings in 7 days ( rec/del ) - Waste of time but you can prove you have tried to a court (Procedure and all that), 15 mins
4 issue procedings via moneyclaime, takes 15 mins

If everyone had to work out how much they had got back for an hours work then there would be some happy bunnys out there, when was the last time you got £1850 for an hours work ?

Its hard to stand up to such bullys but gives you a sense of justice when you get the letter about 'Good Faith' and off course all your money back.

Best of Luck and cant wait to see that post of 'I WON'

djohn2002uk

regularsaver1 wrote:

I mean - there are people that never get charged because they don't miss payments ect --- what do they get for that? silch

And what do you supose the others are getting? Nothing more than the money stolen from them.
I'm one of the "lucky" ones who doesn't have bank charges, well I had one which was refunded about 25yrs ago, but I smile at every success story on this thread.
People like you have decried what happens on this thread before and I just think, "there goes another misguided sad person" who doesn't like seeing someone elses gain.
Who do you think has been keeping your banking so cheap for years? Well I'll tell you, it is the thousands of people paying these penalties. Well it's time you paid for your own banking.

tempest42

Carlih1,
Wow thats 260 times a high court judges wage........

tempest42

Same for me, untill the hALIFAX took over 3 working days to pay CASH into an account. Paid into the machine on friday and didnt apear till late Wednesday the week after

An otherwise perfect record for 24 years, apart from sKY and o2

Maybe you have been lucky so far , you may read this a little differently when they screw up on you . I do Now


I'm one of the "lucky" ones who doesn't have bank charges, well I had one which was refunded about 25yrs ago,