Open Letter To David Cameron - 25 AUG REPONSE NOW IN

showergirl

natweststaffmember wrote: »

6 months ago we hadn't even gone to the House of Lords. I think sometimes people's expectations are risen to such an extent that they assume that a legal process can be dealt with at the click of one's fingers. It isn't that easy. In the first OFT test case, I think Martin and MSE Wendy can attest that there were reams and reams of evidence. Even if you read through the transcripts it takes time to sit down and analyse and come to a conclusion. We are near to the 50% mark but reaching the end will be shorter rather than longer. Furthermore there has been a lot of misinformation which doesn't help. We are getting there though.

Thanks

I will just wait for your posts to keep me updated.

It is a good thing we have people like you who understand all this legal stuff

Keep_The_Change_2

:T Our cycle of debt continues and we wait almost every day for news that we'll get our money back. Well done for responding on our behalf, we need the actions of people like you and not the empty gestures of headline grabbing politicians.

natweststaffmember

OFT Test Case decision from the House of Lords will not be made before the summer recess so it will be at least October before it is heard.

markcoopz

If any good comes from Martins letter (& I hope it does) & politicians finally listen to the electorate, it'll be because there's a general election coming up & for no other reason.
Call me a cynic but the recent & still ongoing scandals concerning the political classes show us all exactly what they think of the general publics welfare & rights, (exept at election time that is).

jos004

showergirl wrote: »

Thanks

I will just wait for your posts to keep me updated.

It is a good thing we have people like you who understand all this legal stuff

Its a pity the FSA couldn't reinforce the hardship exemption waiver, upon extending it.

Also hadn't the FSA ought to tell the FOS to proceed with their plan of naming and shaming, these crappy retail banks?

showergirl

natweststaffmember wrote: »

OFT Test Case decision from the House of Lords will not be made before the summer recess so it will be at least October before it is heard.

Thanks for your post.

In the meantime we continue to get into more debt through bank charges

natweststaffmember

jos004 wrote: »

Its a pity the FSA couldn't reinforce the hardship exemption waiver, upon extending it.

Also hadn't the FSA ought to tell the FOS to proceed with their plan of naming and shaming, these crappy retail banks?

I would kinda agree with you but the fact remains is that a lot of cases going to the FOS are going there because the claimant is not providing details to enable it to assess for financial hardship. I wanted the £500 out of the waiver but none of use won on amendments

Former_MSE_Wendy

natweststaffmember wrote: »

Wendy, is there anyway that with the letter that perhaps an emphasis can be put on the banks, long term, to provide support for those in financial hardship 24 hours a day rather than just maybe 12 hours a day and even less at the weekend. Many of the financial hardship departments as they stand today are part of a collections industry targetted for income rather than helping a customer in financial hardship which a suspension of charges and interest on an account could help with rather than 6 month payment plans which increase the overdraft to include charges and therefore increases the repayment schedule.

The letter's gone now natweststaffmember but thanks for the suggestion. This is actually more of a long term debt advice strategy as opposed to just bank charges I think. Might be something to mention to the OFT in regards to their debt collection guidance. And if we get a reply from Mr Cameron maybe we can mention it then

natweststaffmember

MSE_Wendy wrote: »

The letter's gone now natweststaffmember but thanks for the suggestion. This is actually more of a long term debt advice strategy as opposed to just bank charges I think. Might be something to mention to the OFT in regards to their debt collection guidance. And if we get a reply from Mr Cameron maybe we can mention it then

as always, thank you

Dave_The_Rave_2

Errr, Hello.....

People sign the terms and conditions when they open their bank accounts. Yes, it doesn't cost the banks the amount they charge the customers when those customers break those terms. But if people live within their means, then shock...horror... they won't be charged. If you can't live within your means, then that is your problem. Don't blame the banks for your lack of control.

If you take money from banks that isn't yours, don't cry foul, when they charge you for the privilege . As the banks are almost owned by the taxpayers, why should we pay for your overspending ?

People always wanting something for nothing, and Mr Lewis encouraging it...