Lloyds Refund, here's a thought.

ripoffbanks01

Hi,
seems a bit strange that some people get a response and some don't,
its a bit like the redress system i guess, POT LUCK AND CHAOTIC!
i guess it will all come out in the wash its just a matter of digging your heels in and being patient!
Just keep at it people!

bradleysimps

tifo wrote: »

Sorry if this sounds harsh, but why are you blaming Lloyds for being up to your 'eyeballs' in debt? The refund is not yours until you receive it and they didn't ask you to overspend with other debt. Are you also blaming them for not being able to pay all your expenses from a 'job' or wherever your income comes from?

Lloyds already went to the wall a few years ago and were bailed out by the govt who will simply 'borrow' from taxpayers again if needed.

But on a good note, most banks pay within 28 days. So depends when you accepted their offer.

I'm not blaming Lloyds at all!
You must have a short memory, do you not remember Gordon Brown pontificating about no more boom and bust, and him selling off our gold, and loosening the controls on the money lending markets when the European Central bank was tightening it up?
Money was cheap and he advertised it as such! Every one borrowed!

We didn't over spend on other debt, we planed to have 1 more child after doing the sums and were blessed with twins! So double the cost of everything.

As the years went on Labour Government spent more and more that they didn't have, there was a million mass "free meal" immigrants flooded our shores, they paid for it with our ever increasing taxes.

Then the capitalistic scourge of America brought down Leahmans and the other banks with heavily over valued sub prime market with soon hit our economy.

And now we are in world wide recession! When you loose a good job and the next best is 75% the monthly income of what you had and the increasing cost of living (petrol, food, gas, electricity) out strips your daily needs, don't come on here on my thread being judgmental about my financial situation.

The banks have committed a huge con en-mass and should be strung up. I don't hear about a single bank CEO being sacked for it.

The refund was ours the second they owned up to the fraud!

I've quickly added up all the miss sold PPI on all my claims and it is 78% of the credit card and loan debt we have as house hold! That goes to show the rip off and financial burden they have laid on us to line their own pockets with huge profits.

So before you open you're gob, think.

bradleysimps

magpiecottage wrote: »

It may seem a bit harsh this money is intended to put you back into the situation you would have been in had you not taken out the policy. Presumably it would reduce the depth of your other debts from "eye balls" to "nose" or "chin".

It may sound very harsh but, as I write, the petition for compulsory financial education in schools stands at 103,784. The first lesson should be that sometimes we have to accept that we simply cannot afford all that we would like to have.

Are you sure that you are not doing a disservice to your children in the long run by spending money on them that actually belongs to somebody else?

Is that not precisely what Greece has done?

*afford all that we would like* What like food? New school shoes and coats? Petrol to put in the car to get them to school? To pay for the child minder so we can go and work? To pay for the ever increasing cost of gas and electricity to keep them warm?

Doing my children a disservice, how f***in dare you! I've gone without meals so they can eat, I've sold household items and their old clothes on ebay and at car boot sales so they can have new clothes and a weekend camping in North Wales for a summer holiday. I've taken on an extra job stacking shelves in the evenings to pay off my debts and keep paying the bills. I leave the car at home and walk a 15 mile round trip to work to save the petrol!

You've got no idea sunshine! I'm worse off than you, but i know and I fear for those people who are worse off than me. You need a reality check.

kerrirobberts

bradleysimps wrote: »

and a weekend camping in North Wales for a summer holiday.

I did that this year as the OH can't afford a passport (mature student, no employment). It was surprisingly fun, we climbed Snowdon and the air is soooo clean in Wales, absolutely lovely.