MSE News: Bank charges fighting on: a new legal argument

euronorris

ThrowingStonesAtYou wrote: »

I think the main difference is the NHS overpays people accross the board, not just the executives; I know of people earning £40k+ for basic admin jobs in the NHS. I've worked for a bank (not in the core banking area) and we had to contribute to the christmas party, and the pay was below market rate - even performing above and beyond your grade you would be lucky to get a realistic pay rise.

I think in both cases, it depends what position you're in.

I have a friend working for the NHS as a nurse in A&E and a 40k salary is more than double what she currently earns. And yet, I would consider her work more valuable than those sitting in the offices ffing around with paperwork and making ill conceived policies.

Reform is required in both.

mramra

simon_templar wrote: »

Man Utd normally win the Prem, should the FA do something about that?

Yes, they should let Liverpool win for a change! Maybe I can put in a claim?

Rich66

Back to topic, the banks have claimed that the charges are for unauthorised overdrafts, but I haven't gone overdrawn, as the charges relate to DD's that they reject and charge £35 for the privlidge. How is that justified. Almost an admission to me that it isn't is that my bank now charges £5 for failed DD's, can that be used in an argument for refunding and overcharging?

edwace

simon_templar wrote: »

Not my fault people cant organise themselves not to incur bank charges. The paranoia brigade banging on about tax payer money are deluded and ill informed. Not forgeting the "can't work won't work" scum who live the life of riley every day.

Funny you should mention deluded and ill informed & scum Simon is that a bit of self-diagnoses? It will be interesting to see if your rightwing opinions on the unemployed & low waged change if you find yourself in the same boat which is quite possible in this time of jobs streamlining under the new excuse of recession.

It’s amazing how the unemployed & NHS bashers creep out at the slightest excuse because they have to have an under dog to whip, never mind that your MPS have been blatantly ripping you off for massive amounts, never mind the banking executives taking the p with unbelievably ludicrous bonuses for achieving record losses, never mind that banks have changed so much in the past couple of decades that they make a Glasgow loan shark look like a charity worker, never mind that top earners can end up paying less tax than an average paye on a modest wage,


(want to drive a super car if your paid enough you can work it out so it’s knocked off your tax bill no problem )

never mind that the irresponsible actions of a few influential groups have put peoples homes and jobs at risk, just roll out a few more benefit cheat adverts on the TV ,roll out the good old , the poor, minority’s and immigrants are the enemy gambit and verbally kick that around a bit and that should distract people from the fact of whose really picking their pockets clean.


“Hi I’m an MP and I just got caught fiddling my expenses it’s a bummer I had to pay the most iffy claims back, no problem I used a little bit of the profits I got from property developing which I financed with my second home allowance is and we’re not going to pokey it’s all good old chap Drink?”

“Hi I’m a Banker, been pretty bad lately lost so much money this year the chaps were all thinking of changing our names to Nick Leeson only difference is we’re not going to pokey we are having a big do and a big bonus, It’s all good chaps, Drink? “

“Hi I’m an out of work skilled toolmaker I used to have a well paid job in a company that supplied parts to the midlands car industry, I keep trying but I can’t find a permanent job, It’s getting the whole family down and I know I should have kept on top of it but our benefits are paid directly into the bank and we ended up with a big debt from charges and I stupidly did an off the books job for £50 to help pay off the charges bill I would have declared it but if I take any short term or part time work it takes weeks to sort the benefit payments out again and we can’t live without the payments. Now if I get an interview I’ve got to tell them I’m a criminal. It’s not looking good “

Don’t be naive Simon Templer (sic) that’s the situation your living in and are you so naïve that you can’t get one of the prime achievements of the country you live in is that we have an NHS at all.
”The first man who, who having fenced in a piece of land said “this is mine,” and found people naïve enough to believe him, that man was the true founder of civil society.

bobberding

Why were the banks protected by the Waiver until they won the test case?My case is against A&L which WAS'NT involved in the test case.A&L have not won any case so my case still goes to court.Only then will my case be thrown out.

nellyboy

simon_templar wrote: »

By electing them we give them the mandate to govern and make policies etc. We as the people dont decide policies.

gordon Brown was NOT elected as PM. he got it by default. off topic: (BTW, why do we let Scotsmen run the British government from England and then seperate the scots parliment from England and still give them oodles of cash? no student fees no perscription fees....etc)

and come the next election, he wont be PM anymore.

being "prudent" and selling the troops down the river with over budget contracts for Kit which is behind the curve and now over budget bail out of everyone but the public, his time will come.

natweststaffmember

bobberding wrote: »

Why were the banks protected by the Waiver until they won the test case?My case is against A&L which WAS'NT involved in the test case.A&L have not won any case so my case still goes to court.Only then will my case be thrown out.

The general blanket stays covered all banks as did the FSA Waiver on Bank Charges. The banks weren't protected, the OFT argued on a point of law that they had the right to assess terms for fairness(the Court ruled that on the point of law they argued they couldn't but it did leave another avenue to go down).
I think you need to hold fire for now on doing anything because discussions are still ongoing between banks, regulators, campaigners et al and it will be based on the judicial case that was handed down last Wednesday,

Morglin

Hopefully, the ideal will be reached sensibly - past claims are out of the window, but, in the future, charges will be more realistic, which will help ALL bank customers.

That will surely satisfy everyone.

Lin

natweststaffmember

Morglin wrote: »

Hopefully, the ideal will be reached sensibly - past claims are out of the window, but, in the future, charges will be more realistic, which will help ALL bank customers.

That will surely satisfy everyone.

Lin

Since when? The OFT lost on UTCCR 1999, section 6.2(b) and most people's claims weren't based on that so the idea that those claims are dead in the water is sadly a mistaken one.

phoenixx

ThrowingStonesAtYou wrote: »

Do you have any evidence of this? I know a few people who tried reclaiming and they all fall into the category of jokers who didn't bother to manage their accounts properly.

It's a shame because some people have genuine cause to complain due to these charges being incurred due to unforseen circumstances, but the mass of chancers trying to scam a few quid has diluted their cause and made the whole situation look like a rush by greedy people who want to renege on the contracts they signed with the banks.

I hope the outcome of all this is that bank charges are a bit more reasonable, ie capped at maybe £15 each and a max of £50 or so a month - after all the banks could easily not allow people to withdraw money they don't have, they just chose not to. However I hope nobody gets any further money back for charges already incurred.

Your view is a on the simplistic side I'm afraid. Read Andrew Ellson in 'The Times' on Saturday if you want further evidence...I know students and single mums who are struggling to get by on low incomes who have been brought to their knees by these charges, usually incurred by going overdrawn by a few pence. The spiral then sets them into a situation where they have incurred charges as a result of charges and the banks show no compassion. Well done you if you have never experienced the kind of misfortune that lands someone in this position.