BBC article on unlawful bank charges

climbgirl

There's an article on the Beeb this morning about bank charges and how people are starting to claim them back. It runs through why they're unlawful and talks about the bank charges action group that's helping people to claim.

It says the numbers claiming are pretty small at the moment, but with coverage like this maybe the floodgates are opening....

http://news.bbc.co.uk/1/hi/business/4940250.stm

Broken_hearted

damn will have to try to rush my claims through before they get backlogged.;)

amosworks

Yes people, get in their quick! Because for some STUPID reason that totally eludes all logic and sense, both my sister and OH seem uninterested in reclaiming their stolen money, I'm doing it for them and I would recommend y'all get in there and do it for everyone you can ASAP before they do get backlogged. The main thing is to get the ball rolling quickly for them and [strike]bribe[/strike] talk them in to it later

You could always take a cut for actually doing the work, like 50/50 For pushing a few bits of standardised paper, that's not bad lol

Broken_hearted

yep amos my parents are the same, it's too much hassle for them to bother.

Broken_hearted

I will be shutting OH's Barclays OD when they pay up so thats £250 worth of debt we'll be shot of not to mention the 30 pound a year in interest charges. Then anything left will be paid off my Barclaycard. I'm so over Barclays:cool:

duncans-mum_2

I shall be printing and posting mine this afternoon! Had it typed up for ages but felt a little uneasy sending it. I definitely well before the whole of the UK learn about it, and the banks run out of money on all the refunds!! ( I did write a letter for my OH when they took 39.00 out last week and they sent a letter saying they will refuund as a goodwill gesture, so thats given me a bit of incentive too. Mine will be way higher.)

earwig

hi i would have about 300 pounds or moreto claim back from natwest but i owe them money from a credit card 1600 paying back on dmp and my od 315 which is 115 is over agreed limt again paying on dmp so would they consider me or would they think i am been to cheeky i wouldnt mind but its there charges what put me over my agreed limt in the first place i was 17p od on the 30 12 05 they then charged my 28.00 for been od i phoned them up got the usal your responabilty ect but they agreed to half it to 14 which i paid in jan o6 but then in feb o6 they charged me again 28.00 i phoned again and was told that because i was od by 17p in dec 05 and it wasnt untill jan 5 that i paid some money into the acount to take it out of its od i was still od in january by 17p so the feb charge was for january i told them what had happend explaind our position oh going bankrupt the bank beening shut over the hoildays ect but they wasnt intressed i didnt have enough money to pay the feb charge so in march i got charge again this is when i went on a dmp which has not yet been agreed am making token payment but each month they keep adding charges even now so im not sure if they would consdier me for a refund so do you think its worth my bothering this 17p so far has cost me 115.00 and still rising

FrugalJo

Confused as to what charges qualify, I haven't gone over my OD limit but but been charged bucketloads for using it with Natwest.
Wondering if anyone had anY success with a cahoot account ?
Jo

lynzpower

Jo

My OH always emails them on his cahoot when he goes over ( almost weekly) and they always refund straight away. there is a massive section on the bag forum of cahoot claimers. Check it out

FrugalJo

Oh Wow Lynz - thanks for that:) On my way...
Jo

homer_j_3

earwig wrote:

hi i would have about 300 pounds or more to claim back from natwest but i owe them money from a credit card 1600 paying back on dmp and my od 315 which is 115 is over agreed limt again paying on dmp so would they consider me or would they think i am been to cheeky i wouldnt mind but its there charges what put me over my agreed limt in the first place i was 17p od on the 30 12 05 they then charged my 28.00 for been od i phoned them up got the usal your responabilty ect but they agreed to half it to 14 which i paid in jan o6 but then in feb o6 they charged me again 28.00 i phoned again and was told that because i was od by 17p in dec 05 and it wasnt untill jan 5 that i paid some money into the acount to take it out of its od i was still od in january by 17p so the feb charge was for january i told them what had happend explaind our position oh going bankrupt the bank beening shut over the hoildays ect but they wasnt intressed i didnt have enough money to pay the feb charge so in march i got charge again this is when i went on a dmp which has not yet been agreed am making token payment but each month they keep adding charges even now so im not sure if they would consdier me for a refund so do you think its worth my bothering this 17p so far has cost me 115.00 and still rising

Get your claim in....The whole issue here is that people think that its their fault. You need to get your head out of whose fault it was and more into the fact that these charges do not represent the work involved for telling me that I am overdrawn.

The banks charge you interest on that money so they are not losing out. They are penalising you and profiting from you.