Bank Charges Reclaiming Guide discussion

field_division

Thank you Money saving expert, I kept saying I will need to try and claim back ppi, I sat down and completed the form on your site within 1hr and sent away recorded delivery and 14 days later I got an offer, I really didnt expect it to be this easy but my goodness if it wasnt for you i dont think I would have ever put in a claim, Anyone that is thinking about it, all I can say is do it. my offer is going to help me with my new home. Also I would like to say my loan with ppi went back to 2004. Thank you once again and good luck to everyone

field_division

field_division wrote: »

Thank you Money saving expert, I kept saying I will need to try and claim back ppi, I sat down and completed the form on your site within 1hr and sent away recorded delivery and 14 days later I got an offer, I really didnt expect it to be this easy but my goodness if it wasnt for you i dont think I would have ever put in a claim, Anyone that is thinking about it, all I can say is do it. my offer is going to help me with my new home. Also I would like to say my loan with ppi went back to 2004. Thank you once again and good luck to everyone

Oopps It appears I got over excited and posted this on the wrong discussion forum...Admin can you please move this to the PPi discussion forum? many thanks

si72

Hi im a little stuck on what to do next as i sent my first letter for reclaiming bank charges on 2/4/2012 they took the cheque on the 27/4/2012 and today 11/6/2012 i finally got a letter with details of my loan only which i never even wanted as i did not even have ppi on my loan.......letter says...Historical information can only be retained if there is a legitimate reason for processing the data in accordance with the right of an individual .Therfore, due to the time elapsed, some of the original account records will have been destroyed in line with our retention policy.....
we have had charges upon charges we have lived in our overdraft for a few years now and getting nowhere need help plzz:(
---should they of sent me my statements---if so does any1 know wot i should do next

Little_Mo_70

mandymoo86 wrote: »

hi everyone,
I have a £600 overdraft and get charged at least 35 to 75 every month im not sure what is a fair charge and not can anyone help

Whilst we all think it's not fair to be charged so much
Court rulings have decreed that bank charges are fair and that is now set in stone. So no claims based on unfair charges will be considered by any bank.

If you are in difficulties either see your bank manager to arrange a management plan to repay what you owe or, if you are in severe financial difficulties, look on here to see if you fit the criteria for claiming back as well as how to do it:

http://www.moneysavingexpert.com/ Study this very carefully and then decide.

Nellie_4444

matino15 wrote: »

hi, i am in the same boat as you, i am with barclays too any although they charge me £8 too, i am paying around £30 every moth in charges. what did you do about it

Hi

I have been wondering the likelihood of me claiming back the many £22 bank charges that were applied to my account over the past few years.

Most of them were because the charges would always be taken at the end of the month (when the account was almost empty) which would just create a vicious cycle of debt.

Was your experience similar & have you had any luck with reclaiming? Any information you have would be gratefully appreciated :undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided

Nellie_4444

haydens_mum wrote: »

Hi i was wondering if someone could help me. i have banked with barclays for many years and i have incurred a total of around £1800. since the case went to court they have lowerd their charge amounts from £35 and £30 to £8. Is it worth me trying to claim some money back as alot of my charges were re-occuring from charges being taken when i had no money and was out of work but had i just been charged the £8 back them i would have broken the cycle alot sooner and it would never have got no where near as bad as it did. Technically if it happend to me again now, i would only be charged £8 so should i make a complaint or is it not worth it?

Any help would be most appriciated.
Thanks.x

Hi

I have been wondering the likelihood of me claiming back the many £22 bank charges that were applied to my account over the past few years.

Most of them were because the charges would always be taken at the end of the month (when the account was almost empty) which would just create a vicious cycle of debt.

Was your experience similar & have you had any luck with reclaiming? Any information you have would be gratefully appreciated :undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided

Little_Mo_70

Nellie_4444 wrote: »

Hi

I have been wondering the likelihood of me claiming back the many £22 bank charges that were applied to my account over the past few years.

Most of them were because the charges would always be taken at the end of the month (when the account was almost empty) which would just create a vicious cycle of debt.

Was your experience similar & have you had any luck with reclaiming? Any information you have would be gratefully appreciated :undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided:undecided

See if MSE site advice can help you decide.
http://www.moneysavingexpert.com/reclaim/bank-charges

ariell

Little_Mo_70 wrote: »

My main concern here is that the bank claim they haven't received your payments. Not sure how long you have been in this new DMP with them but it would be an idea to write a fairly strong but polite letter (send it recorded **or see below) explaining the fact that you have made no inroad in your debt even though you have complied with the agreement (you will need to supply proof of your payments) and therefore you cannot see the debt ever being settled. Politely ask for the charges to be frozen while you pay off the balance of the debt. If they are aware of your difficulties they are obliged to offer some constructive help.

I see you say you have requested a refund and also a stop to the charges. Have they responded to this yet? Perhaps an appointment to see the branch manager might be appropriate, you could always hand him/her your letter**. Stopping the increasing charges is the first priority I feel. Phone calls are not always of use in situations such as yours as you have found. You need things in writing and keep copies of it all for the future too.

Still nothing back from the bank and spoke to FOS who said they will try a deal with and try an allocate a case worker and resolve the situation,. But take times.
Would like to resolve it my self and send a letter to the bank manger now.
My credit file says default all other comanies says that it on a dmp:mad:

ariell

ariell wrote: »

Still nothing back from the bank and spoke to FOS who said they will try a deal with and try an allocate a case worker and resolve the situation,. But take times.
Would like to resolve it my self and send a letter to the bank manger now.
My credit file says default all other comanies says that it on a dmp:mad:

been on a DMP now for 3 1/2 years now and slowy paying things off evans card payed. yeah

Little_Mo_70

ariell wrote: »

ariell wrote: »

Still nothing back from the bank and spoke to FOS who said they will try a deal with and try an allocate a case worker and resolve the situation,. But take times.
Would like to resolve it my self and send a letter to the bank manger now.
My credit file says default all other comanies says that it on a dmp:mad:

been on a DMP now for 3 1/2 years now and slowy paying things off evans card payed. yeah

Well it's good that you are paying things off. You will get there in the end.

I'm assuming that you wrote as per my response to your last posting. Not so good that it's 6 weeks and no reply. Presume the recorded letter was received?

In any case, I should get the quill and ink out this weekend and get your Manager's letter delivered for Monday:D

The FOS are inundated. However, don't give up. Just keep at it. Good luck
Mo