Email protest to your mp

stapeley

So its okay to use TAX PAYERS money to bail out the banks . Its okay for the Banks to pay out millions of pounds to their staff in bonus payments? The banks got into trouble because they were greedy and lent money to very doggy companies in America with no real checks .
Yes you are right many people are not good with budgets , but some would say the banks were criminal in some of their overseas dealings. The Banks say its only fair to pay their top staff what they are worth . I say , and so do the OFT , these charges are not fair ! Why did the banks payout millions in refunds if they were fair ?

chris1huk

Isn't the whole point of this reclaiming about it being unlawful to penalise people for going overdrawn, and charging more than the costs incurred?

If so even a £10 charge is still unfair(unless the banks want to break down their charges and let us know, but we know they dont want to and dont have to do that) They shouldn't be making 1p profit from the charges, only from the higher interest rate

stapeley

Good news for house sitter ! Plans to bring back hanging , debtors jails , and fox hunting will be introduced by the Conservatives. Maybe they will bring back MAGGIE so she can sell the rest of the countries assets!

pelirocco

If you think the UK is bad , try bouncing a cheque in France

housesitter

stapeley wrote: »

So its okay to use TAX PAYERS money to bail out the banks . Its okay for the Banks to pay out millions of pounds to their staff in bonus payments?

No. It really isn't ok at all.
But what are you going to do about it?

Gee, which ex prime minister got a cushy consulting job with a bank on his retirement?
Don't think the govt were / are going to stop them. They are in bed together.

I say , and so do the OFT , these charges are not fair ! Why did the banks payout millions in refunds if they were fair ?

Because in doing so they didn't admit any guilt or liability that they were right or wrong.
Look past what you consider as the morality to the legality. In paying out, nothing was proven other than they were potenially a soft touch.

Now that the banks need the money the govt has pushed to court to rule in favour of the banks. So now you have a legal judgement.
Again, you may feel that morally it's wrong. But that's not going to get you far.


You are going overdrawn and then borrowing money. You are asking the bank to provide a service.
For that service there is a charge.
You know what that charge is.
Why on earth is it so hard for people to comprehend that?

Do you just expect this for free?
Banks are not publically run *
They exist to make money by selling you a service.
For gods sake, it's not a complicated concept.

(* Even now they are being funded by the tax payer they are not managed as a public service. Do you think the govt wants to be seen to be repossessing or taking people to court over debts?)


What you think is reasonable would end up being a fairly cheap way to borrow lots of money with a lot of risk to the bank.
If you were so credit worthy and not a risk then you'd have no problem getting credit elsewhere.


stapeley:
fox hunting; are you a vegan?
debtors jails; you prefer to let them get off scot free as present?
hanging; so keeping serial killers in prison for life with no hope of parole is worthwhile how exactly?

I'm no fan of maggie, I'm no fan of labour who have done exactly the same.

natweststaffmember

housesitter wrote: »

Oh no, I stole and now they are going to put me in prison. It's so unfair.
That is a criminal act so that is not a civil matter(bank charges would be civil albeit you could sue the thief, I suppose).
Oh no, I cheated on my wife and now she wants a divorce. It's so unfair.
Not particularly relevant
Oh no, I crashed my car and now my premium's gone up. It's so unfair.
Again not particularly relevant.
Oh no, I broke a contract I entered into and had to pay the penalty I agreed to. It's so unfair.
Penalties in law would be for performance OUTSIDE of the contract so in fact would not be agreed to. Most bank contracts do not fall under that area.



Millions of people managed not to, or indeed to take the consequences.
Grow up and blame yourself for your own action (or lack of it).
I see you have grasped the arguments, well done you.

It's amazingly simple.
Instead of having a float of the bank's money try using your own!! Keep a minimum of £100 in your account and you'll find it quite hard to go overdrawn.
It's not exactly rocket science.
Do you people need to be spoon fed too?
I suspect you might not have ever lost a job, lost a partner, lost overtime hours, had a house to run or even had a child(apologies on the last one by the way).
Concentrate your efforts on not going overdrawn rather than bleeting about it on forums. :rolleyes:

Saves them going out and committing theft and being sent to prison

housesitter

I suspect you haven't read all the posts.
Been out of works in the past thanks.
Coped. Had a backup plan. Have savings for a rainy day or emergencies. It makes sense doesn't it?

As for the unfair points, it's an example for complaining about consequences for your actions, not about comparing the severity of them.
ie: It's unfair that if you do something wrong there is a punishment for it.
I think you missed the point.


So taking money without consent from the bank is better than taking it without consent from a shop or an employer, only because you don't get to go to prison?

natweststaffmember

housesitter wrote: »

I suspect you haven't read all the posts.
Been out of works in the past thanks.
Coped. Had a backup plan. Have savings for a rainy day or emergencies. It makes sense doesn't it?

As for the unfair points, it's an example for complaining about consequences for your actions, not about comparing the severity of them.
ie: It's unfair that if you do something wrong there is a punishment for it.
I think you missed the point.


So taking money without consent from the bank is better than taking it without consent from a shop or an employer, only because you don't get to go to prison?

I didn't read onwards, on that you are absolutely correct cos there is so much crap appearing on the forum that wading through it is difficult. Having said that, not everyone is able to have savings. To be honest with you, when my banking career ended, I got lucky with a back up plan that included two credit cards and a bit of shuffling as outline here.
However, you CANNOT exceed an overdraft without the consent of the bank. If the do not consent then the payment is declined. For example, if you go to the ATM and you do not have £50 then the bank do not allow you the money and therefore the transaction is declined.

chipbeck

housesitter wrote: »

I suspect you haven't read all the posts.
Been out of works in the past thanks.
Coped. Had a backup plan. Have savings for a rainy day or emergencies. It makes sense doesn't it?

As for the unfair points, it's an example for complaining about consequences for your actions, not about comparing the severity of them.
ie: It's unfair that if you do something wrong there is a punishment for it.
I think you missed the point.


So taking money without consent from the bank is better than taking it without consent from a shop or an employer, only because you don't get to go to prison?

So trying to take money without consent from the bank

Have a good read before spouting.

A good example would be if I (heaven forbid) called you a nob then you could quite rightly report me to the mods.

However if I only thought you were a nob, what could you do then.

Can't imagine why you can be bothered anyway as you are obviously good with your finances and would appear not to be offering help to those who aren't.

PS. I think your a nob.:rotfl::rotfl::rotfl:

fatbelly

Back at the original post, stapeley suggested that we should e-mail our MPs.

I e-mailed mine to ask her to sign up to Vince Cable's Early Day Motion on the subject.

About a week later, she did!

I absolutely agree with Stapeley that we all need to keep the pressure on them.

I don't know how influential I was... but if you want to do likewise, start by reading this article and follow the links