Benefits swallowed up by bank charges

SuziQ

Money paid into a bank account is simply income.

This is exactly how the banks see it I'm afraid. A couple of years ago, PPI was paying a Barclayloan for me as I was ill and couldn't work. Unfortunately their payments never met with the set date that Barclays expected the payment to be made. They started taking the money out of my account, pushing me into an agreed overdraft and charging me interest (luckily not a huge amount.) Their attitude was, if the money-or o/d facility-is there then we have the right to take it. This was particularly annoying when the people paying the insurance payment out,late, were also a subsidiary of Barclays, so they were paying themselves late!
My problem was that I had an almighty fight to get the payment back once the PPI had made the same payment, as Barclays then said I had 'voluntarily overpaid' the loan account.I also had a fight to get the interest repaid. They really are a law onto themselves.

OP if this was the first time you have gone overdrawn like this they may relent and repay at least some of the charges, but if you have a history of going into the red, they are likely to take the 'too bad, too sad' attitude.

BigDebtBoy

SuziQ wrote: »

OP if this was the first time you have gone overdrawn like this they may relent and repay at least some of the charges, but if you have a history of going into the red, they are likely to take the 'too bad, too sad' attitude.

That's pretty much what they said when I went in on monday, as a ''goodwill'' gesture if you haven't had any charges refunded in last 2 years we may have refunded, But about 20/22 months ago I went overdrawn due to someone setting up a direct debit and taking the cash out (nothing to do with me, it was a book club or something and I certainly didn't set it up)

If I hadn't been boiling with rage I could have almost laughed at the words ''goodwill gesture'' I was as nice as pie when I went in but I felt like flipping out in all honesty.

cheeky rats, £90 for a £19 overdrawn balance for a few days, jokers, needless to say I wont be using them again and they can swivel for that extra £20 charge cause there wont be any more money going in there, the thieving !!!!!!!!!

BigDebtBoy

robus wrote: »

" sorry but can't pay the credit card anymore - anyhow it's not my fault really, they allowed me to run up the debt didn't they?"

Dear god they are not even similar scenarios, I think half the people in this thread must work in a bank or something, their heads so far up their own !!! its unreal.

robus

jamespir wrote: »

lol your under the thumb:rotfl::rotfl::rotfl:

You think so! It suits me, I have no money worries, I know things have been taken care of.

I don't need access to a bank account, I get everything I could ever want and a damn good marriage (31 years and counting) to go with it.

I enjoy being 'under the thumb' as you put it.

jamespir

robus wrote: »

You think so! It suits me, I have no money worries, I know things have been taken care of.

I don't need access to a bank account, I get everything I could ever want and a damn good marriage (31 years and counting) to go with it.

I enjoy being 'under the thumb' as you put it.

yeah cause you wife rules the roost your a man act like one

dave030445

BigDebtBoy wrote: »

That's pretty much what they said when I went in on monday, as a ''goodwill'' gesture if you haven't had any charges refunded in last 2 years we may have refunded, But about 20/22 months ago I went overdrawn due to someone setting up a direct debit and taking the cash out (nothing to do with me, it was a book club or something and I certainly didn't set it up)

If I hadn't been boiling with rage I could have almost laughed at the words ''goodwill gesture'' I was as nice as pie when I went in but I felt like flipping out in all honesty.

cheeky rats, £90 for a £19 overdrawn balance for a few days, jokers, needless to say I wont be using them again and they can swivel for that extra £20 charge cause there wont be any more money going in there, the thieving !!!!!!!!!

dont tell me banks fault again. I really find it hard to belive you have not been it the red in the last 18months.

Fiver29

jamespir wrote: »

yeah cause you wife rules the roost your a man act like one

:rotfl::rotfl: So how does a man act James. All macho and Neanderthal? :rotfl:

System

The basic answer OP is that yes they can take your money. Not a lot you can do unless its the first time you've had charges and the bank are feeling friendly enough to refund some.

In future, the debt free wannabe section of the board could help you with organising your money so you don't end up in the same situation again

jamespir

Fiver29 wrote: »

:rotfl::rotfl: So how does a man act James. All macho and Neanderthal? :rotfl:

not sure what kind of men your into but im not like that but i wouldnt allow my gf to tell me what to spend my money on and she would never
tell me
we make descions together

BigDebtBoy

xXMessedUpXx wrote: »

The basic answer OP is that yes they can take your money. Not a lot you can do unless its the first time you've had charges and the bank are feeling friendly enough to refund some.

In future, the debt free wannabe section of the board could help you with organising your money so you don't end up in the same situation again

Thank you for a none pompous,anal, helpful answer without having to be a !!!!!!! like some of the others.

cheers