Martin on Telly/Bank Charges

mjanet

I'm not even claiming myself anymore, I'm helping, hundreds, nay, thousands reclaiming what's theirs. And I LOVE it.

Except for a very small period a few years ago I to have nothing to claim from anyone but I to just LOVE helping people to reclaim whats theirs.I am not prepared to argue on the matter as people who have the ' I'm alright Jack attitude ' I have no time for at all .The need to read around this board at some of the heart breaking stories from people in debt through no fault of their own and then still come back here and say that they still think it's right that banks and other companies pile on the charges causing even more heartbreak.Me I think of the people with children , I look at my own and imagine what it would be like if I had a choice of feeding them or paying a bank charge , but then you don't get a choice do you as it's taken straight out.I thank my lucky stars every day that I am not in that position but know its only one small slip up somewhere and I might well be.So yes I just LOVE helping these people in reclaiming charges and I sleep peacfully at night.

NickToye

Yeah, well i'm waiting to hear out this month, but I do feel more relaxed. This system won't beat me!

Emmzi

NickToye wrote:

Yeah, well i'm waiting to hear out this month, but I do feel more relaxed. This system won't beat me!

Good Hope it all goes how you want.

duncans-mum_2

mjanet wrote:

Except for a very small period a few years ago I to have nothing to claim from anyone but I to just LOVE helping people to reclaim whats theirs.I am not prepared to argue on the matter as people who have the ' I'm alright Jack attitude ' I have no time for at all .The need to read around this board at some of the heart breaking stories from people in debt through no fault of their own and then still come back here and say that they still think it's right that banks and other companies pile on the charges causing even more heartbreak.Me I think of the people with children , I look at my own and imagine what it would be like if I had a choice of feeding them or paying a bank charge , but then you don't get a choice do you as it's taken straight out.I thank my lucky stars every day that I am not in that position but know its only one small slip up somewhere and I might well be.So yes I just LOVE helping these people in reclaiming charges and I sleep peacfully at night.

What a lovely post. Thank you. These are the kind of posts that have a positive effect for this site. Negative ones where people are calling us lazy etc because we are in debt are negative ones,... that may put people off. Most of us are on here to take control of our problem regardless of how we got there, and if reclaiming money that the law says is rightfully ours helps us, then why shouldn't we. Also if people don't want to spend the time on reclaiming, then thats fair enough. A little effort goes a long way.

Kevicho

LesD wrote:

Can someone explain to me why people WITHOUT debt should have to pay more to allow people WITH debt to pay less?

Presumably the banks will reclaim money lost through this action elsewhere. e.g. charges for basic banking.

How about a petition to get the banks to charge MORE to those in debt? that may encourage them to get out of debt quicker!

I can completely see your point here

I mean having people paying higher (unfair) charges instead of repaying what they owe is definately the way forward

I feel motivated already!

Kevicho

Iwantmorecash wrote:

The bank i work for If someone gose over ther o/d once and hasnt been o/d bin the last 3 months AND its not excessive we wave the charge ....

with regards man hours ....

we have to try and contact the customer by phone to se if we can help ( on the day they go o/d)

When I was in the situation incurring charges I never once received a phone call or any help/advice

then we have to send out a letter asking them to contact us and we try to contact them again.

The only letters i ever received were along the lines of we are charging you x amount per time and although no one likes being ripped off i stick my tongue out at you (well not exactly that wording)

so i would say possably half to one hr .
depending on the person .

Rubbish, its all automated, even the signature is printed on the page


but all charges a the bank i work at are delt with on a person to person basis.

Im not being mean there, but that is my experience, also i work in IT and am friends with someone who works for one of the Major banks, so i know how it operates

LesD

Kevicho wrote:

I can completely see your point here

I mean having people paying higher (unfair) charges instead of repaying what they owe is definately the way forward

I feel motivated already!

'Debt' is only a commodity like many other things. Put the price up and the demand will reduce!

I don't hear the anti-smoking brigade suggesting writing to the Treasury seeking a reduction in tobacco duty to reduce what we spend on cigarettes!

You are merely commenting on the symptom! What is needed is a change in attitude.

(ps..I'm glad you call the charges 'unfair' not illegal. No legal judgement has been made. Many things in life are unfair!)

pollypig

LesD wrote:

'Debt' is only a commodity like many other things. Put the price up and the demand will reduce!


(ps..I'm glad you call the charges 'unfair' not illegal. No legal judgement has been made. Many things in life are unfair!)

I don't think we can simplify it like this - it's not the price of debt making people want it, it's the fact that it's there. Otherwise, why would people take out consolidation loans charging 24.9%??? because they want/need the money... when you are in debt and struggling to make ends meet then you will get the money anyway you can, whatever the cost...

yes, the attitude in society towards debt needs to change, but isn't that what this site is all about? and isn't that what every DFW is doing - changing their attitude to money, paying back what they owe and learning lessons...

and didn't an earlier poster show that in fact, legal judgments have been made on these UNLAWFUL charges. The legislation is there to read in black and white. Many things in life are, indeed, unfair - but do we have to sit back and let life be unfair to us or do we fight back and make it fair?!

Kevicho

After listening to some of the drivel in this thread I thought id make a few points

1. Why should us (the rich or people with money), pay for poor people going overdrawn.

Ok, ill flip that and ask why should we pay for your free banking through these unenforcable fines?
This society is all about the rich getting richer, and poor getting poorer, a bank account is needed for most people to pay in wages, and its also handy for its services.
The banks themselves make billions as it is anyway, its time that society changed and focused on making sure everyone has a share of the pie (but thats another story)

2. Its a legal loophole, you criminals/ripping off the banks yadda yadda

As you can tell i didnt really take that seriously, and if you believe the above is true then there is something wrong.
Fundamentally it is contract law, it applies to any contract and it is there for a reason.
And that reason is to stop people from profiting unfairly with penalty fees and whatever is wrong in the eyes of the court, and for good reason.
Im sure many wealthy organisations have benefitted from this law, and now the poorer members of society have discovered it (for once) for our benefit it is now in some way wrong?
The law applies to everyone.

3. People Who go overdrawn are lazy/stupid/trying to play the system.

Wrong wrong wrong, everyone is different, sometimes some of these may be the case, but the banks shouldnt be making so much profit out of these situations.
£75 + of fines for going £1.25 overdrawn thanks to a cheque clearing later than expected isnt fair, no one can argue that is covering the costs of the bank.
Again the banks have no right to make a profit from people's situations in this way

4. A non profit website should be up 24/7 and be able to handle the same load as say, the microsoft website

Ok so im being a little glib there, but those people have helped thousands (and will help thousands more) so becoming overloaded by extra traffic as there budget (all paid for by the people who run it) wll not cover it is not really their fault.
Yes if it was a business site and there was major advertising which would contribute a significant increase in traffic, I would agree.
Why not help them out by paying for more bandwidth?

Kevicho

LesD wrote:

(ps..I'm glad you call the charges 'unfair' not illegal. No legal judgement has been made. Many things in life are unfair!)

unfair, which, in this case, is another word for punitive, which in contract law is unenforcable in courts

The reason there has been no judgement is because the banks WONT go to court because they know they will lose