MSE News: CONFIRMED - OFT gives up bank charges battle

LizzieS_2

moo_cow wrote: »

My arguement is simply that I don't want to have a bank account but am forced to do so.

In todays world most people have bank accounts as that is the only way they can receive their income. I see your point over not wanting an account, but I struggle to see how receiving cash would be any different as you would have to travel to pay the bills (just like travelling to get the cash out).

Many people argue that someone should pay all their bills out of the way when paid monthly so as what is left is what you actually have. Isn't this one of the many helpful budgeting suggestions about how to avoid charges after all? This is the way I prefer to do things as I have so many outgoings.

I've suggested the above a few times and you are the first to acknowledge it - most others have just taken it as talking down to those with charges.

I was glad when my husbands firm changed to monthly as weekly was even more of a headache than it is now.

Weekly is harder, I agree. It is not impossible though if you start with the mindset of how you would deal if you had cash weekly and still the same bills.

For example say you have £200pw. In week 1 you have to pay bills of £100, week 2 bills of £150, week 3 bills of £250, week 4 bills of £120. In week 1 your "cash" would be £100, week 2 = £50, week 3 = -£50 and week 4 £80. It is easier to see you only really have £100 in week 2 and nothing more until you get £80 in week 4.

gobbo

I take it you've never heard the phrase elected dictatorship then ??

Oft was created by government/parliament and they can alter its powers as they see fit

so thanks again for agreeing with me

Alpine_Star wrote: »

I'm not agreeing with you.

1) Bringing in new legislation isn't ''instructing'' by any definition.

2) Governments don't bring in new legislation - Parliament does.

3) Parliament cannot change the law to have any influence over an independent regulator, by statute.

kittiej

OK moo cow, wasn't keeping track lol. I should check my inbox every day lol.

moo_cow

'Weekly is harder, I agree. It is not impossible though if you start with the mindset of how you would deal if you had cash weekly and still the same bills.

For example say you have £200pw. In week 1 you have to pay bills of £100, week 2 bills of £150, week 3 bills of £250, week 4 bills of £120. In week 1 your "cash" would be £100, week 2 = £50, week 3 = -£50 and week 4 £80. It is easier to see you only really have £100 in week 2 and nothing more until you get £80 in week 4.'


yes, I understand what you are saying but my mortgage is over £600 a month so it causes a problem staright away.
But I don't want to get on to that arguement.
I only joined this discussion because it's supposed to be about moving forward and all I have been is attacked for choosing to pay my monthly commitments all in one go because we live rurally and having a disability makes life very difficult.
I had incurred 3 charges in one go when my huband's pay was hit unexpectedly, which the bank had added to in extreme style due to our inibility to pay these in one go. Once they had gone over £1000 they finally conceded and decided to accept a payment arrangement with me as I had asked before. If they had done this sooner then i would not be in this position. This discussion is supposed to be about fairness and a way forward but certain individuals have chosen to make it a personal attack. It's all extremely upsetting to be labelled 'bone idle' when disabled. It's unforgiveable.
I appreciate your comments though. May be useful for someone else in a similar situation.

kittiej

Ey up it'll be my turn next

moo_cow

gobbo wrote: »

I did fully read your answer but it is obvious from what you say that you don't care about anyone except yourself I have given you a solution to all of the points you raise but you keep coming back to the same thing , if YOU don't like it then EVERYONE ELSE SHOULD CHANGE TO SUIT YOU and you will not take any resposibility for sorting things out for yourself

Again, you're just not reading things properly. A fair system for ALL. Negotiations, a way forward. I have given the answers to the questions you have put to me. I can't help it that you aren't top dog.
This is a discussion about bank charges, how many more times do I have to stress that? there are people with far worse situations than me, there are people that are better off than me, it's about compromise and solution NOT about nit-picking every little detail in order to personally attack someone. I was only stating as things are for me. You're the one who chose to attack me at every given opportunity. No one should change to suit me. I've not suggested that. I've merely suggested a fairer banking system as we have to have a bank account these days.
Your personal attacks are very distasteful. If I care only about myself, how come I would never behave towards another the same way you are behaving towards me? I care about other people. again, which is why I joined this discussion.

Alpine_Star

gobbo wrote: »

I take it you've never heard the phrase elected dictatorship then ??

Oft was created by government/parliament and they can alter its powers as they see fit

so thanks again for agreeing with me

Do you suffer from dyslexia? For the avoidance of doubt I would only ever agree with you if you said something that was based on fact. You have no idea what you are talking about.

gobbo

moo_cow wrote: »

Again, you're just not reading things properly. A fair system for ALL. Negotiations, a way forward. I have given the answers to the questions you have put to me. I can't help it that you aren't top dog.
This is a discussion about bank charges, how many more times do I have to stress that? there are people with far worse situations than me, there are people that are better off than me, it's about compromise and solution NOT about nit-picking every little detail in order to personally attack someone. I was only stating as things are for me. You're the one who chose to attack me at every given opportunity. No one should change to suit me. I've not suggested that. I've merely suggested a fairer banking system as we have to have a bank account these days.
Your personal attacks are very distasteful. If I care only about myself, how come I would never behave towards another the same way you are behaving towards me? I care about other people. again, which is why I joined this discussion.

Before accusing people of not reading things , you should read things yourself below is what I said in a previous post

I also answered all the other points you raised ref bank accounts , cash etc , seems pointless to try and give you solutions when you don't read things.

PREVIOUS POST;-

'Agreed , charges must be fair , and in return customers have to be fair , so banks don't overcharge , and customers don't overdraw , help for people in real need who have done all they can to manage their money , and high charges for those who can't be bothered.'

I don't think you can say fairer than that unless you want charity.

moo_cow

But I never wanted those solutions. you suggested them. I've only ever asked why I should have to. which is a fair comment. i didn't agree with something you said earlier but I gave you the benefit of your comment by stating 'a fair comment'. I never chose to attack you. I only came on here to offer the support of a fairer system. all you have done is attack and pick holes in everything i've stated about my own personal circumstances. why attack? I don't get it. we're all different. what's perfect for one may be totally wrong for another. no need to force your own 'this is the way to do it' attitude on someone else. some of my friends do things which would be bass ackwards for me and vice versa, but isn't that what life is about? we're all different which is why there are things within the banking system which so obviously need addressing. I haven't incurred any other charges since they stopped putting them on for the '3 in one go offences' mentioned. so clearly i'm doing something right. I just simply stated that I personally don't want a bank account and would love my husband to have a cash wage. but as that's not possible we have to have a bank account but let's make it work. As i stated with my EON encounter a couple of months ago. A headache I had to sort out. If I didn't have to have a bank account this wouldn't have happened. simple as!

gobbo

This sounds a bit dyslexiaist to me.

Everything I have said is based on fact and sound knowledge of the banking system and regulation , so I suggest that it is yourself that has no idea what they are talking about

Alpine_Star wrote: »

Do you suffer from dyslexia? For the avoidance of doubt I would only ever agree with you if you said something that was based on fact. You have no idea what you are talking about.