Yeh Nice One Martin .......... Not

Al_Mac

southernscouser wrote:

No but these threads always turn into a 'insult those in debt' thread.

[STRIKE]It's a crap enough struggle as it is without others having a pop at you from all angles.[/STRIKE]

And yes it was my bloody fault I got into debt!

And that's why it shouldn't.

southernscouser

Al_Mac wrote:

True they don't as such it wont happen.

Find me a large company willing to pay in cash.

again, wouldn't happen.

The first stage will be automatic upgrades to accounts with frills, apathy will get most people.

Then charges for cheques and debit cards, with the line, that it is to be fairer to businesses, as their cost will be cut:rolleyes:

The point is Al a company can't refuse to pay you in cash. It's against the law.

And it will end up happening that people will stop using accounts. People will just start using cash. People will get out of paying VAT and then the government will step in and do one of two things.

1) Make it law that you have to be paid directly into a bank account.

2) They will put pressure on banks to drop fees for accounts.

If you were a government and were about to face an election what option would you chose? :think:

Nelski

There is a question that is over all this publicity and success for claiming back the charges - Just who will pay because it for sure wont be the banks they like any other business will pass on an increase in costs to the consumer - us. Isnt this just a vicious circle?

southernscouser

krisskross wrote:

I agree that some people have had misfortune in their lives and have racked up bank charges but why oh why do those people on very small incomes have direct debit payments set up? Draw out your money and pay for your bills etc with CASH, then you can't spend what you don't have, and there is no possibility of a direct debit sending you into a spiral of bank charges.

Because some people do actually live hand to mouth. They literally don't have spare penny each month and by not paying by direct debit they are now getting charged an extra £3 a month on bills. Lets say you have 6 outgoings on DD's. You now need to find an extra £18 a month! :eek:

MrsTee_2

krisskross wrote:

There are two main areas that concern me:

1) All the people claiming back charges accept that there SHOULD be a charge just not as much as it is now. So how many people have deducted the amount they agree they should have been charged and donated it to charity, or yet given it back to the bank?

I think you will find that the banks usually make a reduced offer that is largely accepted (providing its not stupidly reduced), so they're still retaining some of the charge anyway. They're also mostly keeping the interest they've made on that money.

studentphil

The last couple of lines of the OP are unduely harsh and personal. It is fair enough that you think reclaiming charges will have negative results. However, in all fairness charges that are reclaimed are illegal ones and to advocate not to seek redress is equal to accepting it is fine for banks to act outside the law. Which is certainly an odd conclusion if you accept the rule of law.

Al_Mac

southernscouser wrote:

The point is Al a company can't refuse to pay you in cash. It's against the law.

And it will end up happening that people will stop using accounts. People will just start using cash. People will get out of paying VAT and then the government will step in and do one of two things.

1) Make it law that you have to be paid directly into a bank account.

2) They will put pressure on banks to drop fees for accounts.

If you were a government and were about to face an election what option would you chose? :think:

2) ? So there will be fees

I think we'll have to agree to differ on this one:D

When we had a branch on site, everything was paid in branch, except my mortgage. Now I use a virtual branch, or 6, but still have control:p

madison's_mum

my only gripe is with people who accept no responsibility

I'm not saying that it's not my responsibility & neither are msot of the people here it just seems to be that people that have never been overdrawn are tarring everyone with the same brush & think everyone is a money grabbing whatever when most of us are just trying to make ends meet.

I would love to be in a cash only world & never go overdrawn again but you can't operate in this day n age with banking facilities, or else why would the gov't be pushing basic bank accounts so hard?

sarah1975uk

char22 wrote:

what are you a banker :rotfl:

LOL you spelt the last word wrong lol haha.

Seriously though, its not nice to put people down, when they are struggling to SORT OUT their debts, its not a nice place to be and i know the majority people dont want to be in debt for any reason, especially when its hard enough going to work and bringing up young children. I find it hard enough working not to mention those who cannot work and through no fault of their own rely on the benefits system to try and make ends meet.

MrsTee_2

krisskross wrote:

I agree that some people have had misfortune in their lives and have racked up bank charges but why oh why do those people on very small incomes have direct debit payments set up? Draw out your money and pay for your bills etc with CASH, then you can't spend what you don't have, and there is no possibility of a direct debit sending you into a spiral of bank charges.

.

If you've had misfortune and got into difficulties with bills, they normally insist that a repayment plan is set up by DD anyway so there's no choice