MSE News: Bank charges update: the phoenix from the flames + full Q&A

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Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
edited 2 December 2009 at 12:57PM in Reclaim bank & credit card charges
This is the discussion thread for the following MSE News Story:

"The bank charges reclaiming campaign is not over despite the blow of the Supreme Court ruling in favour of current account providers in the landmark test case ..."

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  • MillaJoJo
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    I knew it wasn't the end despite the banks and the media carefully wording thier statements.
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    First Anniversary Combo Breaker
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    I'd just like to say a big THANKS to Martin and his team for the amazing speed with which they have responded to this development, and for keeping us up-dated.
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
  • jambosans
    jambosans Posts: 1,493 Forumite
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    I know this is incredibly pedantic, but should it not be "the phoenix from the ashes".
    Anything I post is my opinion, so from time to time I may be wrong. I try to provide answers based in fact, however I don't know everything, so (like all posters on MSE), take what I say with a pinch of salt.
  • ouija
    ouija Posts: 31 Forumite
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    Fantastic! When I heard this on the radio, the way everyone was worded just smacked of scaremongering. "It's all over! Go back to your homes and places of interest. Nothing to see."

    Rubbish! Never give up, don't let them bully us!
  • Eggyplop
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    Yes, thanks for continuing to help :)
  • mr_jetlag
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    Big thumbs up to the MSE team. Bona fide consumer champions.

    The judge should have explicitly said rather than hinted what he thought the basis for a legal challenge SHOULD have been. It's within his remit as part of the judgement.

    However, great news. Let's get this into the media.
  • onlypaddy
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    jambosans wrote: »
    I know this is incredibly pedantic, but should it not be "the phoenix from the ashes".

    :rotfl::rotfl::rotfl:

    technically yes, but theres no alliteration in that!
    Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;
    Debts as of May 28th 2011:
    Santander CC: £0.00
    Lloyds OD : £0.00
    DFW Nerd #1247 - Proudly dealt with my Debts :D Olympic 2012 Challenge #12
  • ALIBOBSY
    ALIBOBSY Posts: 4,527 Forumite
    Name Dropper Combo Breaker First Post First Anniversary
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    Can't those who have claims in amend their POC to now include regulation 5? Rather than having it struck out and having to start again.

    ali x
    "Overthinking every little thing
    Acknowledge the bell you cant unring"

  • MrLeeLee
    MrLeeLee Posts: 163 Forumite
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    Thanks a lot for everything you and the rest of your team has done, but surely if the OFT now decided it wanted to go down a different route, we'd just go through another 3 years of dragging things out, before the banks get the decision they want?

    Don't get me wrong, the amount I am reclaiming would mean I wasn't constantly having to borrow money off people, so I would love the door to be opened for reclaimers... maybe I'm just being negative after such a shocking and quite honestly sickening verdict...
  • MillaJoJo
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    mr_jetlag wrote: »
    Big thumbs up to the MSE team. Bona fide consumer champions.

    The judge should have explicitly said rather than hinted what he thought the basis for a legal challenge SHOULD have been. It's within his remit as part of the judgement.

    However, great news. Let's get this into the media.

    I'm sure they will try and keep a lid on this. I mean, they did have a spokeman for HSBC, I believe who ended his statement with "We would like to remind customers that the 'C' in 'H.S.B.C', doesn't stand for Charity, it stands for Corporation.

    Like any of us were under that insane illusion. HA

    I smell bias.
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