Changing particulars of claim

pie81

beaujolais-nouveau wrote: »

I think there is some mileage in arguing that the banks should not make a profit like this, especially when charges are added to charges and then interest gets added to charges.

But isn't that an argument which is based on how high the charges are - ie. the type of argument which reg 6(2) says you can't make?

euronorris

pie81 wrote: »

You're ignoring regulation 6 though. Says you can't challenge contractual terms just because the price they set is too high.

Ah yes, but the terms of the contract were not individually negotiated were they? Which, it seems, makes them uneforceable.

At least, that's my opinion.

And then, on top of that, the terms are heavily weighted in favour of the bank. They can charge me, but I can't charge them. They also change the charges and interest whenever they like, but I am afforded no influence over the interest rates on my in credit balance.