Improve Money Rules In 50 Words. Suggest easy changes for our politicians

dotviolet

3guesses wrote: »

Ensure that there are equal numbers of male and female MPs in Parliament by having two MPs for each constituency: one male, one female.

..and 1 black, 1 white, 1 disabled, 1 rich, 1 poor... think of all those extra MP expenses!

dotviolet

Experian_company_representative wrote: »

Let me just clarify this for you. The score you refer to is just a guide for you, to help you understand how your credit report might affect any credit application you make. Importantly, however, lenders do not see this score, so it is certainly not doing you any financial harm. They calculate their own scores based on their own criteria and factoring in other data such as that you provide on application form. I think we make this very clear on the website.

James Jones

Not all lenders ask for more information, many take your data at face value. It is detrimental and misleading because you give information out-of-context. Debts without assets is telling just half the story - and it strongly leads lenders to a negative conclusion, with the same answer as your own algorithms have produced. I want you to give this information differently to reflect that these are well-serviced, long-term debts at below-market rates, and differentiate from debts caused by running up card balances over the short term which may well be a sign of financial distress. But don't give half the story - it is unfair.

Sufficient

If Tesco’s delivers my groceries I don’t expect the driver to take some of my oranges as a delivery fee. Yet the banks do just that. They help themselves directly from overseas funds in transit to me. Suggestion: invoice the delivery charge separately; debit my account independently.

scruffy1

Why get a reminder to pay car tax but not for MOT. Surely safety is always first? So scrap car tax - stick money on fuel prices as is proportional to usage and efficiency of vehicle, load & driver, then we all display MOT discs & maybe insurance too..

spond

the worst cheats are the rich cheats, but how many of us are privy to their affairs?

spond

Re: casino style machines in high street betting shops.
unfortunately, that is the nature of our 'democracy'----bowing to corporate greed via their parliamentary lobbyists. Net gain to ordinary citizens? More families in debt or grinding poverty, and rising crime. Cheers to all politicians! (With their brown envelopes).

Red_sky

Sufficient wrote: »

If Tesco’s delivers my groceries I don’t expect the driver to take some of my oranges as a delivery fee. Yet the banks do just that. They help themselves directly from overseas funds in transit to me. Suggestion: invoice the delivery charge separately; debit my account independently.

I had the same problem transferring money from the UK to Vietnam. Citibank in New York took a large chunck of my money as commission fees without any notice to me, no transparency, no telling me what the charges were up front, they just took it which meant 2 commssion charges were taken. Apparently, if you transfer money outside the EU, the banks can charge what they like without even telling you. The same rules should apply for transactions made outside the EU as inside the EU. You should know all the charges upfront before you agree to the transfer and the banks should not be allowed to help themselves.

spond

Re: Vat on more items.
seems a good idea, but VAT is being defrauded on a huge scale by criminals.

spond

why can't individuals have their own pension pot. which only they can contribute to, but which is not run for the benefit of those who run ordinary pension schemes? Ofcourse that means we could make bad investments, but at least that would then be our own fault. It would not be the fault of those making money from our pots whether the market goes up or down.

Pembroke

No offshore tax havens for companies or their directors registered in the UK. If Vodafone (as a topical example) wish to pay tax in the Cayman Islands then the majority of their head office staff should be based there.