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Unenforceable Credit Agreements

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  • Not one person has challenged any of my points in any effective manner.

    1. The banks are not using taxpayers money for it's intended purpose to get the lending markets moving and keep business afloat saving jobs.
    2. The banks have been ripping people off for years and refuse to return money owed to customers from illegal charges.
    3. They continue to offer customers a raw deal in order to maintain and indeed to increase already obscene profits year on year. Make no mistake - the losses they have made recently will be clawed back by all kinds of underhand tricks in the next few years - the shareholders demand it.

    Proliant - where's your backbone? You're accusing people of greed yet your advocating bowing, scrapping and tugging the forelock to people like Sir Fred Goodwin - a multi, multi millionaire who will not suffer one iota of struggle while the people in the company he utterly mismanaged to the point of criminal wrecklessness face the dole and losing their home. There are hundreds of thousands of people who face the same fate as the result of the system you arguing in favour of legitimising.

    These bankers are living off the fat because they have mortgaged our lives up to the eyeballs. They've had politicians in this country mesmerised by money, the admen have people believing that your life is worth less if you don't have the latest flatscreen TV or designer label. They've preyed on peoples insecurities.

    If this country had any backbone at all there would be a revolt.
  • bert&ernie
    bert&ernie Posts: 1,283 Forumite
    Not one person has challenged any of my points in any effective manner.

    1. The banks are not using taxpayers money for it's intended purpose to get the lending markets moving and keep business afloat saving jobs.
    2. The banks have been ripping people off for years and refuse to return money owed to customers from illegal charges.
    3. They continue to offer customers a raw deal in order to maintain and indeed to increase already obscene profits year on year. Make no mistake - the losses they have made recently will be clawed back by all kinds of underhand tricks in the next few years - the shareholders demand it.

    Proliant - where's your backbone? You're accusing people of greed yet your advocating bowing, scrapping and tugging the forelock to people like Sir Fred Goodwin - a multi, multi millionaire who will not suffer one iota of struggle while the people in the company he utterly mismanaged to the point of criminal wrecklessness face the dole and losing their home. There are hundreds of thousands of people who face the same fate as the result of the system you arguing in favour of legitimising.

    These bankers are living off the fat because they have mortgaged our lives up to the eyeballs. They've had politicians in this country mesmerised by money, the admen have people believing that your life is worth less if you don't have the latest flatscreen TV or designer label. They've preyed on peoples insecurities.

    If this country had any backbone at all there would be a revolt.

    Welcome comrade

    Proletarier aller Länder, vereinigt euch!;)
    The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.
  • bert&ernie wrote: »
    Welcome comrade

    Proletarier aller Länder, vereinigt euch!;)

    :beer:

    :D
  • POSSETTE
    POSSETTE Posts: 1,474 Forumite
    ok ...after all these opinions have been bandied about...has anyone noticed the original poster hasnt come back?...wind up maybe? it seemed to work well if it was!
    TO FINISH LAST, FIRST YOU HAVE TO FINISH....
  • bert&ernie wrote: »
    Welcome comrade......Proletarier aller Länder, vereinigt euch!;)

    Well, let's all sing "The Internationale".
    So comrades, come rally,
    And the last fight let us face.
    The Internationale,
    Unites the human race.
    http://en.wikipedia.org/wiki/The_Internationale
  • druss
    druss Posts: 70 Forumite
    Not one person has challenged any of my points in any effective manner.

    1. The banks are not using taxpayers money for it's intended purpose to get the lending markets moving and keep business afloat saving jobs.
    2. The banks have been ripping people off for years and refuse to return money owed to customers from illegal charges.
    3. They continue to offer customers a raw deal in order to maintain and indeed to increase already obscene profits year on year. Make no mistake - the losses they have made recently will be clawed back by all kinds of underhand tricks in the next few years - the shareholders demand it.

    At last more valid thoughts rather than just a rant!
    I am a Mortgage Adviser .You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • druss
    druss Posts: 70 Forumite
    POSSETTE wrote: »
    ok ...after all these opinions have been bandied about...has anyone noticed the original poster hasnt come back?...wind up maybe? it seemed to work well if it was!


    Scared off by 'helpers' more like
    I am a Mortgage Adviser .You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • druss
    druss Posts: 70 Forumite
    Proliant I do agree with some of the things you are saying, why cant people say no, why not save etc etc

    But do we blame the drug user and let the pusher off?

    The tactics used by some of the major banks to push credit is tantamount to fraud, they get to hide behind a 'banking code' that barely protects the consumer and rely on ignorance to boost their own profits.

    If you take all the recent large scandals

    Endowments mis-selling
    Pension Mis-selling
    PPI Mis-selling

    The banks were the cuprits for the vast majority of complaints and time and time again put profit before morals.

    Now they are forcing borrwers to sell their homes to repay debts that were unsecured by using legal loop holes.

    Morals are only a value perceived by one person so I might be wrong.
    I am a Mortgage Adviser .You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • druss wrote: »

    Endowments mis-selling
    Pension Mis-selling
    PPI Mis-selling

    The banks were the cuprits for the vast majority of complaints and time and time again put profit before morals.

    Now they are forcing borrwers to sell their homes to repay debts that were unsecured by using legal loop holes.

    Morals are only a value perceived by one person so I might be wrong.

    Nah mate you are bang on.

    :T
  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    1,000 Posts Combo Breaker
    Good morning, some valid points made since my last rant, let's agree to disagree here, no matter how the opposition sell their practice and preach how their bank is bad and they are the salt of the earth, what is it going to change?
    Absolutely nowt, we can go on all day about moral stances around this subject and debate over it till we are red in the face, we all have our individual opinions and values in life so we will just keep going round in circles without ever producing any positive outcome.

    Till next time gents.

    Mr P
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
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