The future of banking on the back of reclaiming Discussion Area

jane_thomas_2

foreveryoung wrote:

This seems to be a good alternative to a bank account, its called the Titanium cashplus Mastercard. there is no credit check, you dont need a bank account, you can have your wages paid into it. and you can use it the same as a Mastercard where ever you see the Mastercard logo worldwide, shop on-line, pay bills over phone, top them up at the post office as they are part of the scheme, use in cashpoint machines, shops pay for taxis, no need to carry dosh around. all for 5.00 a month, we only have bank accounts to try and make life easier, when in fact it has become so complicated and underhanded. Most people take it for granted that everyone can read and write, or comprehend the small print. Our laws keep changing, our money keeps changing, our weights and measurs, our morals are being forced aside, causing TOTAL

Thats sounds good but can you have DD and SO coming out of it because after the banks have refunded the money then they close your account and you end up with out a bank account because you are classed as a debt problem.
Also it wasnt my fault entirely that I was over drawn, was very ill 4 years ago and wrote to them to explain my situation but they wasnt interested, I ended up having a liver transplant because of my immune system turning onto its self, so it is not by choice that I have a low income now.
A quick message to those of you who feel it is all our own fault then walk in my shoes for a week, sorry just had to get that out :mad:

oldwiring

I have just received new T&Cs for my C&G savings account.

Normal 30 days notice applies unless certain xondtions apply, amongst which are, "we have some other good reason for closing your account immediatley".

C&G is part of LLoyds. If condtions such as that are applied liberally by other banks, it will gve some bad customers severe problems, especially if the bland "account closed" becomes "closed by bank". My fear is that the campaign may ultimately be a pyrrhic victory fir the claimers.

dchurch24

Mikeyorks wrote: »

.................. recession?? Interest rates low / inflation low / unemployment low (ish). Which recession?

I rest my case.

Paul_Herring

Allow me to fill in the quotes that have been selectively left out for the benefit of our other readers:

dchurch24_14-06-2006,_11:08_AM wrote: »

Mikeyorks_14-06-2006,_7:56_PM wrote: »

dchurch24 wrote: »

Sadly, that was before the recession that we are presently in.

.................. recession?? Interest rates low / inflation low / unemployment low (ish). Which recession?

I rest my case.

Case? What Case?

You said 'recession we are presently in' nearly two years ago.
Necromancy to make a non-point not-withstanding, interest rates are still low, inflation is still low, as is unemployment.

I'm failing to see your 'case.'

dogsbody321

I would say that he was right.

Two years ago, 1 in 5 were paying for their utility bills on credit cards. House prices were rising way beyond their worth.

Interest rates are low BECAUSE of recession. Unemployment, using the figures calculated the same way they were 15 years ago stands at 7.8 million!

I would have to argue that inflation is not low, sorry.

Your sig is even suggestive of recession.

Just because you didn't see the signs of it coming and he did, I don't think are reasons to claim necromancy.