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Martin's advice to the masses
computersaysdoh
Posts: 177 Forumite
Can I just commend Martin for his excellent advice, in todays sun, about changing current accounts, if/when they re-introduce charges. I am (just) old enough to remember when these were last in place - and indeed when some credit card companies had annual fees.
These days the banking world is very different to the early 1980s, and their can be no justifcation for either of these fees that will hit the poorest most, as they are not in proportion to any amount of monies owed, such as an overdraft, or credit card bill that goes passed the 'full payment' date. Besides, its not as if these banks are losing money, and looking for ways to return to profit
Whether Martin writes here, or is interviewed in papers or on TV, he is the people's champion for beating the big boys. He rightly tells us to hit them were it hurts, and move our accounts should the charges return.
Keep up the good work, Martin
These days the banking world is very different to the early 1980s, and their can be no justifcation for either of these fees that will hit the poorest most, as they are not in proportion to any amount of monies owed, such as an overdraft, or credit card bill that goes passed the 'full payment' date. Besides, its not as if these banks are losing money, and looking for ways to return to profit
Whether Martin writes here, or is interviewed in papers or on TV, he is the people's champion for beating the big boys. He rightly tells us to hit them were it hurts, and move our accounts should the charges return.
Keep up the good work, Martin
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