Claim back any unfair bank charges! Article Discussion Area

tylerdurden_167

If you left your front door unlocked and someone stole your tv - would you not want it back because it was 'your fault'?

I would want REVENGE! :mad: :mad: and that's what I will get from the bank!!

Many thanks.

denm1912

Hi everyone

does anyone know if you can still claim back charges from a closed account i closed mine about 1 year ago because of all the charges the were giving me

many thanks

misty

Hi
I've a few questions. I've been charged late payment charges and over limit charges on Barclay card visa. I've got a poor credit history now (not just due to this) I understand they can close my account if they want to - if I challenge this. I'm unlikely to get another credit card now and would like to keep one for emergencies - it has a low balance. Has anybody had any dealings with Barclays and how likely they are to withdraw the card?

Also I have had charges on store cards which meant the balance was unpayable in the end. I'm now paying these back at a reduced amount - the repayments were initally set up via the CAB but now I've been discharged?(not sure if this the right word) from them and payments are made by d/d. Some of these went to debt recovery companies and it is them I make payments to. Can I apply for the charges to be repayed/deducted if it has gone to debt companies and if so who do I apply to? the orignal company or the debt company? If these were repayed it would mean I could repay the money owed more quickly. Thanks in advance

Tashja

denm1912 wrote:

Hi everyone

does anyone know if you can still claim back charges from a closed account i closed mine about 1 year ago because of all the charges the were giving me

many thanks

I am claiming mine back from a closed account for the same reasons as you.

And at least they can't close your account if it is already closed :rotfl:

T xx

denm1912

Thanks T

hope you get sorted i'l start with mine now

keep me posted

Good luck

RACHIE77

One thing that annoys me is that the banks 'allow' you to go over your overdraft, they have the ability to stop your card from being authorised at a certain point, so why not at the limit? I always thought that was the case years ago with a switch card that you couldn't spend what wasnt in your account which is why it was called a debit card cos you were only debiting not borrowing?? It seems they changed this and whacked up the fines!??

I have calculated our fines come to abut £4,500!! I have written the letters and just want to read through the FAQs a bit more so I know what is going on!

Thanks for your help everyone!! : :T

schiff

This may seem miles off topic but, to my mind, there are close similarities between penalty charges levied by banks and credit card companies for a bit of admin work and the following:

Eurotunnel imposes a penalty of £30 if you don't use the train you are booked on (this applies to the cheaper budget type fares and there is a little bit of leeway - ie. they don't necessarily stick to the letter of the [ie their] law).

It's very tough on people travelling from Scotland say, or the North East/West, as lots can go wrong on a journey of 300 miles or so. And what is this penalty for exactly? Just to re-book you on a later shuttle, via the computer a couple of minutes work. Done and dusted. I am not irresponsible in making every effort to be in time for my booking but I have been caught out twice (strangely enough on both the outward AND inward journeys of the same trip to France!!).

Anybody else thought of this, I wonder? To try my luck I've written to the OFT and to Eurotunnel and await their replies with interest!

Milex

dchurch24 wrote:

... as the banks claim that what they are doing is legal, then this could be seen as a deliberate concealment of the truth - therefore you would not be bound by the limitations act.

How could a lay person be reasonably expected to know that what the bank was doing was outside of the law? He/she couldn't.

Therefore, as it has only come to your attention now, you should conceivably be able to claim back ALL charges over the full lifespan of the account, not just the last 6 years.

To expand on this comment, in English law a claim for damages expires 6 years from when the claimant could reasonably have become aware of the damage. On the face of it, that would be when the claimant received the statement, letter or other communication showing the "fee" (penalty charge).

However, although the claimant knew about the fee, it could be said that s/he did not at that time realise it was really a penalty (thereby unlawful & unenforceable) because - as you remark - the bank had portrayed it as a contractually lawful entitlement. In that case s/he could argue that they could not reasonably have been aware of it until Martin published his post. This would enable claims to be made from as far back as fee records are available, though in practice banks may not keep them much longer than the minimum 6 years required by the Companies Act.

The Scottish Limitation period is 5 years, but I don't know if that is determined by (i) where the claimant lives, (ii) the bank's registered address or (iii) the governing law specified in the bank's contracts (usually near the end of the T&Cs) - is there a lawyer out there who can clarify?

dchurch24

You said it far better than I!!

scrooge786

Hi ive been reading up about claiming the bank charges back but does this apply to banks and building societies in regards to your mortgage account?