Closing my Santander/Abbey account

ERICS_MUM

wishface wrote: »

I'm sad this forum is not representative of the purpose of this site. Making excuses for the usurious and immoral practises our banks routinely indulge in and profit from while deliberately misrepresenting what people say is as pathetic as it is unhelpful. I expected much better from these forums.

I have been giving the bank money, that's what the overdraft charges are for. Charges that are not representative of any real activity or effort or cost. I would have paid about half that overdraft off had those charges actually gone toward it, and not the pockets of the shareholders.

But the shareholders gotta have a bit of bubbly haven't they!

1. You forgot to mention profit - they are a commercial business after all
2. Banks' costs are horrendous and have to be recovered.

wishface

I see, so people who have financial hardship or find themselves short are just irresponsible?

warehouse

wishface wrote: »

But the shareholders gotta have a bit of bubbly haven't they!

This thread has cheered me up no end. Thanks OP. I think it's the phases of the moon you should be blaming for your woes.

Inactive

wishface wrote: »

I'm sad this forum is not representative of the purpose of this site. Making excuses for the usurious and immoral practises our banks routinely indulge in and profit from while deliberately misrepresenting what people say is as pathetic as it is unhelpful. I expected much better from these forums.

No, I think that you just want to hear what you want to hear, this is the real world, you need to adjust to it.

Bottom line is; you spent the bank's money, you need to pay it back.

Problem solved.

Sandrock

There have been some excellent responses to the original posters request, but sadly he/she seems to believe that the bank seems to owe him/her something.

OP, you owe the money, pay it back. If you can't pay it back, do what one other poster suggested and transfer it to First Direct - you'll not pay interest or fees provided you keep the balance under -£250 and you'll be able to use the money you pay in to pay off the capital rather than interest and charges.

Yes, they will need ID, but seeing how everyone else in the UK with a bank account manages to provide this information to them I don't see why you should be any different.

blueberrypie

wishface wrote: »

I see, so people who have financial hardship or find themselves short are just irresponsible?

The thing is, you spent money that wasn't yours. Regardless of your financial circumstances, you knew the terms for doing that, and you chose to go along with it.

And yeah, it is a *bit* irresponsible to be looking to buy a new pc when you could spend that money to clear more than 3/4 of your overdraft. Where is the money for that coming from if you "can't pay more than a couple of quid a month" towards your overdraft? And yes, I know you might feel that a pc is a necessity, but a) it isn't really, b) you can get free use of one at the library, and c) any old pc, low specs or not, will get you on-line - it's a bit much to set a minimum spec for your new pc on one thread if you're claiming on another thread that you're in so much financial hardship that you can't pay back your overdraft.

I'd suggest the Debt-Free Wannabe board, but I see that you were over there a year ago talking about your Barclays overdraft and dismissing the responses from everyone who tried to help. Bit of a pattern emerging. Has the Barclays overdraft been paid off? Is the Abbey/Santander one new, or did it also exist a year ago? Did you ever contact the CCCS counsellor who sent you a pm last February asking for more details so she could help?

wishface

Inactive wrote: »

No, I think that you just want to hear what you want to hear, this is the real world, you need to adjust to it.

Bottom line is; you spent the bank's money, you need to pay it back.

Problem solved.

That is the entire point of the post.

Quite why people have such a huge blindspot here I don't know.

/facepalm

wishface

blueberrypie wrote: »

The thing is, you spent money that wasn't yours. Regardless of your financial circumstances, you knew the terms for doing that, and you chose to go along with it.

And yeah, it is a *bit* irresponsible to be looking to buy a new pc when you could spend that money to clear more than 3/4 of your overdraft. Where is the money for that coming from if you "can't pay more than a couple of quid a month" towards your overdraft? And yes, I know you might feel that a pc is a necessity, but a) it isn't really, b) you can get free use of one at the library, and c) any old pc, low specs or not, will get you on-line - it's a bit much to set a minimum spec for your new pc on one thread if you're claiming on another thread that you're in so much financial hardship that you can't pay back your overdraft.

I'd suggest the Debt-Free Wannabe board, but I see that you were over there a year ago talking about your Barclays overdraft and dismissing the responses from everyone who tried to help. Bit of a pattern emerging. Has the Barclays overdraft been paid off? Is the Abbey/Santander one new, or did it also exist a year ago? Did you ever contact the CCCS counsellor who sent you a pm last February asking for more details so she could help?

um, i'm not buying a new pc. I don't have the money.
PM's are none of your business.
the cccs advised closing the account.
i've had this account for about 5 years.

there's no pattern at all. it isn't me that doesn't read other messages incorrectly and it isn't me that jumps to the wrong conclusions about other people's spending plans.

td_007

wishface wrote: »

That is the entire point of the post.

Quite why people have such a huge blindspot here I don't know.

/facepalm

Lets try one more time.
At present:
You- borrowed money from the bank
Pay- interest & charges and a bit of borrowed money

What you want in future:
You- have borrowed money from the bank
Pay- No interest , No charges and pay a bit of borrowed money

Why do think that you should have the privilege of borrowing money for FREE?

anselld

wishface wrote: »

um, i'm not buying a new pc. I don't have the money.

Straightforward solution then.... you can pay off your overdraft when you sell your PS3. Job done