Parachute accounts

Tootsie_Roll

sgx.saint wrote:

As, I know for a fact it certainly wasn't a given in my case.

Highly unlikely, although I'm sure that's what you believe as it's easier than facing up to the responsibility.

sgx.saint

Highly unlikely, although I'm sure that's what you believe as it's easier than facing up to the responsibility.

Facing upto the responsibilty? I was a Financial Advisor, I had worked in the banking profession for many years, so my money management skills were/are more than likely much greater than yours. IMHO.

The reason why I am in my situation today? .... I quit my career/job to take care of a terminally ill relative who was suffering badly from advanced stage cancer. Do forgive me for having a heart in my chest.... As a result my decision, my finances suffered and there wasn't a thing I could do about it.

So poor money managent got me here today? No.

So, again, facing up to my responsibilty? ... I am nearly two years into a self managed DMP, I deal with my creditors on a daily basis, and I am paying back almost my full and normal contractual repayments. I track my finances, budget down to the penny and I don't dispute a single "debt". So, how exactly in anything that I have said this thread, am I not facing upto my responsibility?

Put away your "tar" brush and think before you make assumptions. This is not what this forum is about and I know I can't speak for Martin, but I am sure that an attitude like yours goes against what this forum is all about.

Stop assuming.

Tootsie_Roll

sgx.saint wrote:

Facing upto the responsibilty? I was a Financial Advisor, I had worked in the banking profession for many years, so my money management skills were/are more than likely much greater than yours. IMHO.

Obviously not otherwise I would have incurred charges as well ! As additional proof of how financialy naive you are; another quote from you;

sgx.saint wrote:

In this day of modern technology, a debit card should be fully available in my opinion to all bank users. If you don't have an overdraft or any credit facilities then you cannot spend/withdraw what you don't have. So I don't see how refusing to issue a debit card benefits anyone. A "Debit Card" is not a form of credit. Hence the term "Debit" and not "Credit". A debit card will only debit whats in your account, overdraft or no overdraft

Laughable to anyone with even a basic knowledge of how debit cards and current accounts work.

sgx.saint wrote:

The reason why I am in my situation today? .... I quit my career/job to take care of a terminally ill relative who was suffering badly from advanced stage cancer. Do forgive me for having a heart in my chest.....

Very noble.

sgx.saint wrote:

As a result my decision, my finances suffered and there wasn't a thing I could do about it .

Yes there was - did you even try to stop payments going out of your account ? Here is an extract from another post of yours;

sgx.saint wrote:

As a result I couldn't afford to repay all my creditors at the contractual amounts and thus now, whilst a year into a self managed DMP I probably have been charged around £5K in charges.

sgx.saint wrote:

So poor money managent got me here today? No. .

Yes, no question about it.

sgx.saint wrote:

So, again, facing up to my responsibilty? ... I am nearly two years into a self managed DMP, I deal with my creditors on a daily basis, and I am paying back almost my full and normal contractual repayments. I track my finances, budget down to the penny and I don't dispute a single "debt". So, how exactly in anything that I have said this thread, am I not facing upto my responsibility?.

I have not suggested you have not faced up to your financial responsiblity overall however it is clear you do not think you are responsible for incurring charges on your current account when clearly you are.

sgx.saint wrote:

Stop assuming.

As you can see - I have not assumed anything.

sgx.saint

I could of course be drawn out in a "tit for tat" argument with you, but I don't have the time, nor does this help the OP and I am quite sure the mods don't want a long drawn out battle of 'opinions'.

Yes, opinion. All your comments above are opinions, not facts.

What I would say after reading your above comments though, and others on this thread, is that you are not helpful in anyway, and your comments are often arrogant, rude and inappropriate.

May I ask what type of work you do? ... You do seem to have a very high opinion of yourself when it comes to money.

I will correct a couple of your comments above.

Yes there was - did you even try to stop payments going out of your account ? Here is an extract from another post of yours;

Who ever mentioned that it was charges in relation to my current account. No one. Again, an assumption you made (repetition here?). The charges I incurred were primarily credit card charges. The credit card companies added them directly to my balance. So I had no control over being charged. So I was indeed correct in my original statement. The only thing I said in relation to charges was "As, I know for a fact it certainly wasn't a given in my case." Yes in my case in relation to my charges. I never specifically said they were current account charges. They were not.

Obviously not otherwise I would have incurred charges as well ! As additional proof of how financialy naive you are; another quote from you;

Due to what I said above, this comment is now null, void and not relevant.

Yes, no question about it.

Same as above. Null and void.

The only credible comment you made is in reference to what I said about Debit Cards, which I did indeed post on another thread. I standby my opinion that debit cards should be available to all. The only flaw in my statement was in relation to going overdrawn. As it is possible to go overdrawn by using a debit card, i.e. Maestro/Visa. But there is technology already in place which could be used to prevent this.

So, because I make a minor error in relation to a statement I made on another thread regarding debit cards, my financial awareness is laughable?

Not a very educated opinion.

sgx.saint

Moving back to the OP.

Did you manage to locate another account?

Tootsie_Roll

sgx.saint wrote:

Who ever mentioned that it was charges in relation to my current account. No one. Again, an assumption you made (repetition here?). The charges I incurred were primarily credit card charges. The credit card companies added them directly to my balance.

Oh come off it, you must think we were born yesterday ! If you say this;

sgx.saint wrote:

As a result I couldn't afford to repay all my creditors at the contractual amounts and thus now, whilst a year into a self managed DMP I probably have been charged around £5K in charges.

do you really expect us to believe that ALL of the payments to your creditors were continuous payment authorities on your credit card ? And even if they were that you couldn't cancel them ? Alternatively why do charges get added to your credit card account unless you are using it whilst over the limit ? Please enlighten me - I'm all agog with wonder :rolleyes:

sgx.saint wrote:

So I had no control over being charged. So I was indeed correct in my original statement.

Yes you did and no you weren't.

bengal-stripe

Be'ave, the two of you!

lisaf

Tootsie Roll.
surely everyone on this site is facing up to their responsibilty? Otherwise why bother with this at all.
I have just read your posts incredulously. Personally, I have mis managed my finances (at times) But never once have I shirked that responsibilty. I do however take exception to the £11k of charges in under 6 years that my bank (HSBC) have charged me and my OH, which hasn't helped my financial situation at all.
Lisa

Tootsie_Roll

lisaf

It's about facing up to the responsibility for incurring bank charges in the first place. I fully accept that people would not be on here if they didn't want to take positive action about their finances but for some reason (possibly due to all the bank charge reclaimers) there seems to be a trend that no one is responsible for incurring the charges in the first place - 'it wasn't my fault, I lost my job' etc etc etc.

So this site should be actively encouraging people not to incur those charges at all and the first step towards this (the light bulb moment if you like) is realising that you can take positive action to prevent charges in the first place. Simply losing your job or any change in circumstances is not a valid excuse. We are already seeing instances where people who have claimed back their charges are again incurring them - do you really believe it is the bank who are responsible ? As I mentioned I worked in banking for many years and witnessed thousands of accounts that were incurring charges, I honestly can't remember one instance in all that time where action could not possibly have taken place to prevent the charges.

So the charges may be too high, they may be unlawful - whatever ! The point is take responsibility for incurring those charges and stop blaming the banks or anyone else (not pointing the finger at you here).

debtonator_2

you're such a hero tootsie roll