Current Account Charges - Why I have no sympathy

Prosaic

Graham_Devon wrote:

Oh no!! Say hello to a new post... 'How to make a fortune from a blanket....

....Get yourself a mohair blanket and chew on it piece by piece until you start choking on the hair, then ring your GP, make sure its after 7pm so you can sue him for having to wait to be passed to an external agency (theres a loophole y'know!)...then wait for the ambulance and go to hospital. Once at hosital, pop a drawing pin on the chair and then take a seat on it...it may sting a little, but then sue for the drawing pin in your butt (remembering to get treatment off the NHS before sueing them). Then, with hairball removed, sue the blanket makers for the lack of instructions stating you should not chew this blanket for longer than 10 seconds. Then, sue the government for getting cold as blankets have been put out of production due to health and safety fears.

LMFAO :rotfl: :rotfl: , Don't do that while I'm eating, just spilt my cereal

(on my blanket)

You're right about the loopholes too- these same people exploit a company to get a freebie, then whinge when it doesnt turn up in 10 minutes...!!!!!!! LOL

Tim_L

Amazing this, really. I don't think I've ever read so many hysterical and sweeping generalisations.

Claiming back bank charges is most certainly not the slippery slope leading to mass litigation by anyone tripping over the shadow of a council van. No-one is claiming compensation here, they are asking for their own money back because they are arguing that it has been taken unlawfully. No-one appears to want to argue with them.

Oscillating from one side of an overdraft limit and the other at the end of the month is not evidence of financial incompetence, and it does not mean that the accused are filling their houses with plasma TVs and other such insults to ascetism and self restraint. Such a caricature is based in a sort of Middle England view that the world and his live-in partner are abusing the system hand over fist while the decent people play by the rules and get hammered. And it's not true.

There was a lot of sneering talk about the development of a culture of "entitlement". Well entitlement works in all sorts of ways, and one of them is that no-one is entitled to get something - a current account for example - because someone else is unlawfully forced to pay for it. The HSBC argument has some merit in that asking people to pay the costs of their own banking is fairer overall and allows some degree of transparency, though one has to say that their motives appear actually to be an attempt to make scapegoats of consumers who have stood up to their bullying tactics, as well as of the OFT for daring to ask them to reduce their charges. Sadly it seems that many here are quite happy to accept this analysis without question.

Funnily enough, charges for bank accounts will affect me more than most. I have 7 current accounts, and plan to open some more in the near future, so were the HSBC plan to take root it would cost me a fair amount of money monthly. But then again, why on earth shouldn't I pay what these cost?

dchurch24

Again, if your that good with finance, you would have applied for an overdraft way before you hit th '0'.

Yes, I really must hone my psychic abilities some more. My God. Please get a grip on reality.

the person can simply go brankrupt.

Yes. Bankrupcy is a very good alternative to letting the banks act unlawfully.

Get a grip. You think that the only reason people are sitting in cold houses with no food is because a bank has charged them for going overdrawn? You have obviously led a sheltered life. Get out and see the devastation that drugs cause, the devastation that having your house broken into and all your possession stolen causes, the devastation that having the main breadwinner dying causes, that cancer causes, that abuse causes, and you sit there at your computer - I take it in a warm house or flat somewhere - and type socialist, blinkered, one sided clap-trap.

Yes. Let's let the banks act outside of the law and make it worse.

You have no idea wher I am at the moment, financially or otherwise. If you knew even half of my story, I think you would pretty soon be shutting your mouth and cowering in shame.


Grow up and have a look around you without burying your heads in the sand.

The ethos of this site is moneysaving, and I'm all for that and indeed have made some great savings since I arrived.
I have noticed however that some here have moved this on to a quest to not pay for ANYTHING, and this site is sadly the world we now live in, in microcosm

....yes, and that includes people who want 'free' banking at the cost of people who can least afford it. i.e. you lot.

Bank gives you an OD, which you are more than happy to use. Then rather than just use it, you ABUSE it, and bless my soul the bank say that should cost you. Seems perfectly fair and a great incentive not to screw up as far as I'm concerned

I DID NOT HAVE AN OVERDRAFT. Christ. How much do I need to repeat this.

Why, oh, why, do you allow yourselves to be brainwashed in this way?

It really is quite saddening.

I think the people who keep insisting that this is a loophole are either missing the point, or are completely guttless, and would rather that our whole society keeps getting ripped off to make people rich rather than have a fair place where people can exist without having to stuggle all of their lives.Or of course, are just far too scared to stand up for themselves.

I don't believe that you are that naive. I think that you must have sucked up the brainwashing and really actually believe what you are saying, or you really are that heartless.

It's incredible.

1984 anyone?

You slate me for starting something that is fair. Just because I personally didn't have to sit there with a blanket around me feeding my kids cereal does not meant that I think it's right.

Because I have the means and anger to do something about it does not make me a left wing nutter either.

You can sit there with your 'I'm alright jack' atitued if you like. I can sleep quite happily at night, despite having to live in a f*cking bus-stop on occasion. Can you ? really?
Be honest with yourselves.

No wonder this country is so f**ked. People who live in it are so far brainwashed that they will believe anything that they are told without question, as long as they themselves are not affected.

What a sorry state to be in.

"I'm alright jack"

Do you all honestly think that there are not people in this country who cannot afford to feed or clothe themselves? Do you think that banks punishing their lack of wealth make things better?

Grow up, and stop listening to the Sun or the Mirror.

Jesus. I've never come across a bunch of people who are so anti-people as you lot.

"They are skint. Let them burn. They deserve it."

As long as you get 'free' banking, then who cares, eh?

Maybe you should move to S. Africa and get yourselves some Black Slaves.

My God.

oldwiring

MPH80 wrote:

You're correct - it's not right - which is why they have a way out:

If someone's in as much trouble as you make out DChurch - then, as demonstrated both here on DFW and the Fool's DWD - the person can simply go brankrupt.

The bank wouldn't be able to chase them for any further charges, all their debts would be reset to 0, they wouldn't have any assets taken away because if they are wrapped in blankets and eating cereal they don't have any, and if they have such a low income they can't afford to pay the charges, then they won't be paying anything to the OR.

M.

But then can the really really pooe afford to? Tfis is what I have culled about the costs.

How much does it cost?

* For a debtor’s petition, the court fee is £150. Creditors’ petitions cost £190. In some circumstances the Court may waive the debtor’s fee; for example, if you are on Income Support.

* A deposit of £310 towards the costs of administering your bankruptcy (or £370 if it is a creditors’ petition). This deposit is payable in all cases.

* A fee to swear the statement of affairs. In a County Court, no charge is made to swear the affidavit, which is part of your statement of affairs. But in the High Court or before a solicitor there is a £7 charge.

oldwiring

dchurch24 TBH If I were in your situation, I would have committed an act of self-immolation by now. Genuinely I fell for you, However, there are many reasons for financial difficulties, some like yours from sheer terrible misfortune, and at the other end of things inability or a cavalier attitude. Opinions in forums can be generalised and hurtful, though not intended to be, to folk like you.

I hope our friends here will join me in expressing our sorrow for your situation abd any personal hurt you may have felt and that eventually you will reach a much better life than now.

dchurch24

Well, you may well set your self on fire - however, I clearly am much stronger than that, and choose to fight back rather than just give in.

I think I will no longer be posting in this futile thread.

Some days, the human race astounds me with it's generousity and charity.

Other days....well, just read back through this thread.

Prosaic

oldwiring wrote:

dchurch24 TBH If I were in your situation, I would have committed an act of self-immolation by now. Genuinely I fell for you, However, there are many reasons for financial difficulties, some like yours from sheer terrible misfortune, and at the other end of things inability or a cavalier attitude. Opinions in forums can be generalised and hurtful, though not intended to be, to folk like you.

I hope our friends here will join me in expressing our sorrow for your situation abd any personal hurt you may have felt and that eventually you will reach a much better life than now.

Indeed, oldwiring.

As I have said previously, anybody who finds themselves in dire straits ( the situation not the mullet-haired 80s band) has my sympathy. Although come to think of it if they end up in the band they have my sympathy

My comments were that there is a huge swathe of people now in this country living on money they do not have. When they come a cropper they look to blame the banks, the shops for charging too much, the state etc etc and so it goes on

It's the reason we have people sueing their employer for their colleagues being 'nasty to them' and its the reason we have the ridiculous mollycoddlying health & safety regulations we now suffer

We live in a capitalist society where the laws of supply & demand operate and market forces control how we live.

There are systems in place for the genuinely needy ( and believe me, having seen how much tax & NI I'm paying there should be plenty!) but this concept of me having to pay for banking to accomodate those who cannot control their affairs is ridiculous

dchurch, I hope you get yourself sorted out & things work out for you.

Just remember though the old phrase about when you point the finger of blame at others there are 3 other fingers still pointing back at you

All the best :beer:

westernpromise

Tootsie_Roll wrote:

I firmly believe (whether it's lawful or not) that these people deserve to get charged...

If you're in favour of illegal remedies, why !!!!!foot around with namby-pamby nonsense like charges? Banks should just send some heavies round to give these scrotes a humiliating public beating in front of their families, neighbours, or workmates.

These people need a lesson, whether within the law or not. So let's do it properly and get mediaeval on their !!!. It will probably be cheaper too. I would think you could hire heavies for quite a bit less than £39 a pop. There are people in this thread who'd oblige for free.

Since it's part of a bank's role in the economy to teach these bl00dy scrotes a lesson they won't forget, by illegal means if necessary, they shouldn't stop at fines and assaults. If two or three IRA-style punishment beatings don't do the trick, nail the !!!!!!s to a cross, Roman-stylee. It's been 2,000 years since Pontius Pilate did that to Christ and he's never reoffended since.

Charges and violent assaults are both illegal, but the end justifies the means, right Tootsie?

Graham_Devon

dchurch24 wrote:

Yes, I really must hone my psychic abilities some more. My God. Please get a grip on reality.

Dchurch!!! Thats just it! Applying for an overdraft BEFORE you get into trouble so that you HAVE that cushion there SHOULD anything happen is the WHOLE POINT!

That IS reality!

Why otherwise do you go to the petrol station to fill up when your getting low? Or is reality the other way and you forget about filling up, don't bother, but then complain when your car doesnt make it to the petrol station and then you go and try claiming money back from Shell?!

It's probably another quote where you will say you don't see any resemblance, but there is. By filling your car up your planning for any unforseen journey there might be.

Same as applying for the overdraft.

So do you see where some of us are coming from? You didnt apply for the overdraft before you had dificulties. Therefore, once your started having difficulties and blaming the bank, you asked for an overdraft, bank said no after looking at your finances to protect you (and themselves) from getting into more difficulties.

I have a grip on reality which is why I firstly got an overdraft of £500 anyway, and then asked for it to br raised to £1500. Yes I have used it a few times, but generally am out of it, it's not my money, it's a loan by the bank should anything bad happen to me that I cannot afford all in one month.

On another thread, you say that your financial planning is excellent. I can't see how it is when your telling me to get a grip on reality because you didnt ask for an overdraft until you had already hit problems

As for the above post, he is spot on. We live in a society of 'blame someone else, sue them if you can, no win no fee, ahhh, me me me'. It's shocking. Making everything more expensive for us all and then have people like Dchurch saying 'everything is the banks fault, take em to the ground, but ahhh, they cant charge me monthly'.

Prosaic....do you have a nice juicy brick wall I could borrow for a second to bash my head against repeatedly!? I will of course sue you and your wall for any damage I set out to do to myself! So you may want me to sign a clause that will mean nothing as I am in effect, using your services!!

westernpromise

dchurch24 wrote:

Oh, not another one who just doesn't understand the difference, surely?

It's not rocket science - it's basic contract law. Why do some people have such trouble understanding it?

It's just that there are a lot of people who think the law is, or should be, what they'd like it to be.