MSE News: Bank charges: banks win test case appeal

Felicity101

Stephenbw wrote: »

Then the company is liable for any charges you incur as a result of their error.

Easy to say but hard to do. You obviously don't live in the real world.

custardy

Harry_Powell wrote: »

This is what I've been trying to say all through this thread - don't use direct debits for all your bills. If you use direct debits to pay for your gas (for instance) and your pay cheque is late then you will default on the payment and incur a charge. Alternatively if you don't use direct debits and the gas bill comes in you simply phone the Gas company and tell them that your payment will be delayed and why. No charges and no worries!

The worst that can happen if you can't pay your gas bill is that they put you on a pre-payment meter. If you pay by direct debit, you not only don't pay the gas bill but you also get fined by the bank.

The issue here is to stop using direct debits!!!

however many companys issue a penalty for not paying via DD
so its a rock and a hard place for those on tight budgets
using your example virginmedia charge £5 a month
if you sent your payment late to VM its another £10
so £15 a month

MORPH3US

Big_Daft_Lad wrote: »

Morpheus - if you don't wind your neck in I will quote your comments on other websites. That'll teach you! :rotfl:

I'm not sure what you mean by that

Cancel that, I see what you were getting at now... still not sure what to make of it or what relevance it has but anyway....

Former_MSE_Natasha

This is the discussion thread for the following MSE News Story:

"The Financial Services Authority (FSA) has ended the waiver which allows current account providers to suspend bank charges claims...."

Read the full story:
FSA ends bank charges claims hold

sweato

It is strange that on the day this news comes through i get new terms and conditions for my bank lowering all there chages . Lets keep our fingers cross for the future

Big_Daft_Lad

MORPH3US wrote: »

I'm not sure what you mean by that

Look at your signature - oh, and lighten up! :j

custardy

MORPH3US wrote: »

I'm not sure what you mean by that

your own sig.......

AndiB68

Sorry just getting more and more annoyed as the day goes on. Will go back to normal.

jamespir

looks like this thread has gone to pot too

Knackered

BBA wrote:

"The Banks will work with the regulators to ensure that the outstanding customer complaints are brought to a swift conclusion."

What will this entail, I wonder?