Co-op Bank Morally Bankrupt?

Graham_Devon

Loughton_Monkey wrote: »

I am not known for sympathising with Graham, but on this occasion I must jump to his defence.

It's not easy living in a 10ft by 6ft bedsit, with only a small microwave. If you gave him a bigger one, he'd have nowhere to put it. His old 1989 huge-monitor computer, running Windows 3.1 takes up far too much space.

In this sort of environment, you simply cannot cook like Gordon F***ing Ramsey. So he lives on crisps and packet meals while he saves up for a second-hand carpet to put on the cold lino [he doesn't have too many shillings to put in the electricity meter for heating].

He would have you believe that sausages are a no-no because they smell. In reality, of course, we all know he could never afford proper meat [which constitutes 25% or so of Co-op sausages].

You sir, have issues.

Generali

michaels wrote: »

A basic bank account can not go overdrawn = no overdaft charges, and none of the banks want this business...why could that be?

Perhaps this is an example of how the UK's banking market would be improved by clarity in charging: none of the banks want to touch people that definitely will never go overdrawn by accident.

If people paid a pound or 2 a month as an account keeping fee then basic accounts for bankrupts would be as profitable as most other accounts and so worth the banks offering them.

kabayiri

Generali wrote: »

Perhaps this is an example of how the UK's banking market would be improved by clarity in charging: none of the banks want to touch people that definitely will never go overdrawn by accident.

If people paid a pound or 2 a month as an account keeping fee then basic accounts for bankrupts would be as profitable as most other accounts and so worth the banks offering them.

Personally, I agree. We have to pay for water, energy, rent and food. Why should banking services be any different ?

Of course we all understand how it really works. Typically the indebted are picking up the tab for the more affluent.

It really doesn't cost £30 to send a computer generated overdrawn notification letter.