How will reclaiming bank charges impact banking discussion

lindilou39

Graham_Devon wrote: »

Banks are allowed to make a profit.

It's up to you whether to stop yourself getting charged by your bank or not.

When you do you'll probably kick yourself in the shins too and say 'wish I'd protected myself'.

There is absolutely no difference in analogys, both are profit making organisations which give services and goods to the customer.

Try filling up with petrol at a tesco forecourt, then drive off. You'll see that you will possibly get charged 1 for the goods and 2 a fine.

Try taking money not authorised from the bank and you will see that you get charged.

yes they are allowed to make a profit......but not on charges

lindilou39

Lets be honest here....you,re miffed at the posibility of losing free banking.. there is no such thing as free banking and there never has been, the reason why everyone was offered free banking from the banks was because of certain scumbags ripping off the Group 4 security vans and securicor, thats why when ordinary companies said, we,ve had enough! we were all forced into banks to have our wages paid...yes its up to the consumer to look after his/her interests where D/D or S/O are affected and quite rightly so. Then came all the ..oh we can offer you this or that. Britain today is being ripped off left right and centre, wages increase if your lucky by the cost of living rate..some are less fortunate. Some of us cant even get council housing, electricity and gas prices rise...but wages dont. Its an accumulation of many things. Yet the banks will willingly offer to pay something that you have not authorised them to do..how is that theft or stealing!

mum2one

lindilou39 wrote: »

yes they are allowed to make a profit......but not on charges

Surely in theory banks make a profit from mortgage payments and loans, they certainly do not pay that much out back in interest,

Thats where they should be getting their profit from, not from bank charges.

Yes, I know we all signed the terms and conditions, but how many of us actually read the small print when we opened the accounts, we trusted the banks.

Dragonlady_2

Graham_Devon wrote: »

Yes I know he wants to help himself by getting charges back.

I have offered help to stop them in the first place and look at the response you get.

Is that not evidence!? Best not to jump into threads when you dont know the full facts isnt it

Oh dear, I have know Tanz for sometime and I do know the background to what happened. So please don't assume anything where I am concerned.

tom188

caveat emptor

lindilou39

mum2one wrote: »

Surely in theory banks make a profit from mortgage payments and loans, they certainly do not pay that much out back in interest,

Thats where they should be getting their profit from, not from bank charges.

Yes, I know we all signed the terms and conditions, but how many of us actually read the small print when we opened the accounts, we trusted the banks.

I personally did...I knew that they was going to charge me x amount of pounds for certain things....however, had I known at the time TSB was going to merge with LLoyds I would have thought otherwise....the LLoydsTsb merger did me no favours and changed there T&C,s willy nilly to suit themselves...(those conditions as a new body wasnt signed to).

Graham_Devon

mum2one wrote: »

Surely in theory banks make a profit from mortgage payments and loans, they certainly do not pay that much out back in interest,

Thats where they should be getting their profit from, not from bank charges.

Yes, I know we all signed the terms and conditions, but how many of us actually read the small print when we opened the accounts, we trusted the banks.

Well dont sign things without reading and then complain after!!!!! Thats 100% YOUR responsibilty and your problem.

lindilou39

It doesnt matter what T&C she signed or when, the argument is...they do not reflect the true cost to the bank whether she signed them or not...the Bank has broken the law in the amount they are charging.....

Better than corrie this lol

Graham_Devon

lindilou39 wrote: »

It doesnt matter what T&C she signed or when, the argument is...they do not reflect the true cost to the bank whether she signed them or not...the Bank has broken the law in the amount they are charging.....

Better than corrie this lol

How can you complain about something you willingly signed up to when you openly admit you did not read it. :rotfl: :rotfl:

lindilou39

Graham_Devon wrote: »

How can you complain about something you willingly signed up to when you openly admit you did not read it. :rotfl: :rotfl:

who are you quoting here Graham...me or her....?? otherwise you are not reading the replies very well and are blindingly leading yourself into a debate that has no basis.