Banks refunding all charges - how much of a boost would it be for the UK economy?

dunstonh

Who are you to make such a statement? Are you judging the case? How about we wait until its over before drawing conclusions.. :rolleyes:

I am someone that has followed the case and read the technical points. I suggest you do the same if you expect charges to to away. The whole issue hasnt been about there being charges. Its been about what was being charged, how it was being charged and when it was being charged.

As has already been stated and been noted on other threads, the new charging methods have actually turned out to be more expensive for some people. Winners and losers in every scenario.

oldwiring

TBH it won't make much difference if any, and I'd want the money given to more deserving cases any way, such as pensioners on low incomes.

And as to remarks objecting to charges for going a few pounds over, people know the rules. If they cannot abide by them, perhaps they are not deserving an account.

borgbaiter

dunstonh wrote: »

I am someone that has followed the case and read the technical points. I suggest you do the same if you expect charges to to away. The whole issue hasnt been about there being charges. Its been about what was being charged, how it was being charged and when it was being charged.

As has already been stated and been noted on other threads, the new charging methods have actually turned out to be more expensive for some people. Winners and losers in every scenario.

hi

ive followed the case with interest. i realise penalties are now ruled out. however unless the OFT decide bank charges are reasonable i do not forsee the banks winning. if the charges are not reasonable they are by virtue of this unenforceable and must be refunded in "full". there is no legal loophole in this, but i await being told there is.


Borgbaiter

Smasher

dunstonh wrote: »

I am someone that has followed the case and read the technical points. I suggest you do the same if you expect charges to to away. The whole issue hasnt been about there being charges. Its been about what was being charged, how it was being charged and when it was being charged.

I know very well what it is all about, I have been following and contributing to this campaign for a long time. My crystal ball just doesn't seem to be as efficient as yours I suppose..