MSE News: Bank charges: banks win test case appeal

paulthedude34

hi all

wot cr.p the result is someone getting back handers and the normal working class being kicked in the teeth there is a website where u can eamil the primeminister i have done so everyone should email him and let ur thoughts be known it wos ok for mp's to robb us all for years just shows wot country we live in

The_Hallowed_Way

jodenice wrote: »

there are quite a few newbies posting on here today aren't there, overjoyed with the bank ruling? Trolls or bank employees I assume.

Probably they are just people with different opinions to your own.

marcharrison1979

sarahs999 wrote: »

I love this country.

Big fat bankers take our money and screw up the world economy. What happens? We bail them out with more of our money and let them carry on like before.

Ordinary people screw up with their money and what happens? Oh that's right, we stamp all over them and push them further into debt.

Anyone who ever trusts a bank over ANYTHING in the future has only themselves to blame.

Best comment i've read so far! this is EXACTLY how it is and the people who work at banks know it and are laughing and loving it like naughty school kids who's parents are the headmasters. They dont answer to anyone.

jamespir

isnt funny the amount of new posters wh have come on todya and started slagging of martin and mse when they mention it on the news


MY MESSAGE TO THEM IS IF YOU DONT LIKE MARTIN OR MSE GO BACK TO THE CBEEBIES WEBSITE

_Andy_

marcharrison1979 wrote: »

Shut your traps you ignorant c*nts! .

How wonderfully eloquent. Your parents must be very proud of what their seed has produced.

mramra

Percy1983 wrote: »

Not a newbie and I am happy as I don't now have to pickup the bill of the people who have got themselves charged.

Snap. The news is excellent, it's great to have some positive news (from my viewpoint) in these hard times. :beer:

ed123_2

...I thnk this shows who really rules this country.......the banks....we also learn that they have received £60,000,000,000 in hidden loans re our money......

MillaJoJo

jonpnash wrote: »

So the FSA has now released the waiver on claims!
So everyone who is trying to claim can now take their case back to banks, the FOS or county court? Nothing is stopping them, so situation reverts back to what is was before July 2007? or am I missing something here.

This current OFT case was only ever limited in it's scope. Reading the judgment it seems it was judging not whether the fees were fair or not, just whether the OFT has the power to assess them.
The judges do seem to agree they are unfair, as they say this over and over in their "learned" judgment. Seems to me this would be a very good argument for a county court. i.e. the top judges in the land seem to agree that the charges are indeed unfair.
I am now going to take it to country court. Armed with the supreme court's judgment...

To quote...
"The members of the Court are well aware of the limited nature of the issue which
we have to decide in this appeal. But many of the general public (who are understandably
taking a close interest in the matter) are not so well aware of its limited scope. It is
therefore appropriate to spell out at the outset that the Court does not have the task of
deciding whether the system of charging personal current account customers adopted by
United Kingdom banks is fair. "

"It seems to me that this reasoning is relevant not to the question of whether the
Relevant Charges form part of the price or remuneration for the package of services
provided but to whether the method of pricing is fair. It may be open to question whether
it is fair to subsidise some customers by levies on others who experience contingencies
that they did not foresee when entering into their contracts"

Yes! This is exactly what i've been trying to say on other threads.

I think people hear the misinformation on the BBC where they say "Bank charges have been ruled fair" which is completely false.

Carry on as normal, I say!

technodup

Tiger_greeneyes wrote: »

It's all very well saying we didn't have to sign the banks' contracts, but we're over a barrel from the start. The government has made it unofficially compulsory we all have one. I never wanted a bank account, yet none of the jobs I've ever had have paid wages in cash and refused to do so when I asked. Once you've signed the contract, there's nothing to stop the banks increasing the charges bit by bit. If, like a good nuimber of people, you find you need every penny of your income to survive from month to month, and you hit a tough period (time off sick etc) then just one charge being applied to your account could start off a chain reaction of spiraling debts. Nobody does that to themselves on purpose but it wouldn't happen if we could choose not to have a bank account. Unfortunately we don't have that much freedom in this 'democrasy' we 'enjoy'. Over the years, I've seen my bank increase their overdrawn charge from £5 to £35. It's a bit like inflation - your income gets left behind as the charges increase - and you're powerless to do anything about it because the government have us over a barrel and have made it impossible to survive without a bank account. If there's anyone who's got any ways around not having a bank account then I'd be really grateful if they could share it, I'd be more than happy to ditch my account.

Use a savings account. Companies can usually still pay BACS into it. You then withdraw and use cash. Obviously doesn't have the facilities of a current a/c but no charges either.

LATWTTB

mardatha wrote: »

Human nature being what it is - ie there's always a smartass who gloats at others - plays right into the hands of the banks. If people could just for ONCE get together, join forces and vote with their feet against the worst offendeing banks, then the banks would be forced to think again.
You can't have a bank without customers !!!

Sorry did you miss the point that you lot are the MINORITY that were trying to spoil it for the majority? Off you go then see if someone else will pay your bills and give you your money when and wherever you want it for free....:T