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

Al_Mac

reehsetin wrote:

how has this arguement changed, my arguement is £20-£50 is all, you can cancel your landline/internet all extras, sell your car, get a higher paying or extra job. sell things on the side, something to raise enough money to have a bit aside to feed your kids in an emergency - how is this sounding insane to people, seems common sense to me

Sometimes it is just to late to do, when you realise you need that money. The theory is valid though.

I've listened in on calls, where people say they can't afford a fiver this month, as they've just got a new mobile:eek:

southernscouser

krisskross wrote:

£18 a month is a lot better than the £36 (if set at £12) that it would cost to bounce 3 DDs

Your missing my point.

Joe Bloggs and family take home £1,000 a month. Their outgoings are £999 a month (I know it's 'extreme' but it does happen) via direct debits.

Now if they were as suggested to pay by cash to avoid bank fees they would have to find an extra £18 a month from somewhere. Only they don't have it. So what can they do but carry on with DD's.

Now lets says the gas bill comes in and is wrong. It's £5 more than it should be. It's not Joe Bloggs fault.

But he gets charged £30 for having insufficient funds and another £30 for processing the DD. He now needs to find £60 from somewhere to balance his books.

Next month comes because they bank are 'entitled' to charge him this. He is £60 short and 2 direct debits fail. £120 on top of the previous months £60. He now needs to find £180 to balance the books.

Month 3. 3 direct debits fail. £180, plus the £120 from month 2 and the £60 from month 1!

But it's all Joes fault isn't it?

And it does happen.

I'mcomingbackasaman

Are the savers on the site worried there won't be enough funds for the banks to pay them super duper interest rates as a reward for saving with them because people like myself have claimed unlawful bank charges back.
I was once overdrawn £3 for 5 hours and was charged £30. I asked the bank nicely if they would refund the charge and they unnicely said no. Fortunately for me I was able to pay that £30 before I got charges put on top of that, but some people aren't as fortunate as I am. Through MSE I've claimed 6 years back money I've paid in charges which has now been returned to me because the bank knows it's unlawful.

The banks are making large profits alone from charging people £1.50 to withdraw their own money from a hole in the wall unless you go to the bank machine itself where I live, this is just another money making racket and guaranteed to keep their profit margin up.

Personally I wish I didn't need a bank account, but my salarys paid by BACS, and most companies these days want to be paid by DD. so there's no way round it.

krisskross

MrsTee wrote:

What a ridiculous comment, if you wait til you can afford them you'd never have them, You can never anticipate just how much your child/children are going to cost, it all depends on what interests/hobbies they have, whether they're ill or disabled and need constant care and treatment, even what school they go to can impact on your fincances.

If you're waiting til you can afford I advise you to get a pet instead.

So if people can't afford to have children who is going to pay when they do have them? This is a comment where we could substitute flash car, plasma screen, foreign holidays etc for children. We must all live within our means. Your children can only cost what their parents can afford.

sarah1975uk

I'mcomingbackasaman wrote:

Are the savers on the site worried there won't be enough funds for the banks to pay them super duper interest rates as a reward for saving with them because people like myself have claimed unlawful bank charges back.
I was once overdrawn £3 for 5 hours and was charged £30. I asked the bank nicely if they would refund the charge and they unnicely said no. Fortunately for me I was able to pay that £30 before I got charges put on top of that, but some people aren't as fortunate as I am. Through MSE I've claimed 6 years back money I've paid in charges which has now been returned to me because the bank knows it's unlawful.

The banks are making large profits alone from charging people £1.50 to withdraw their own money from a hole in the wall unless you go to the bank machine itself where I live, this is just another money making racket and guaranteed to keep their profit margin up.

Personally I wish I didn't need a bank account, but my salarys paid by BACS, and most companies these days want to be paid by DD. so there's no way round it.

Good point about the cash machines...getting charged for taking your OWN money out of the hole in the wall WHAT A JOKE!! yet another bank robbing scam!

southernscouser

I'mcomingbackasaman wrote:

Are the savers on the site worried there won't be enough funds for the banks to pay them super duper interest rates as a reward for saving with them because people like myself have claimed unlawful bank charges back.

Thats exactly what it is.

It all boils down to greed. Either by the bank or customers.

I know I sound all high and mighty [STRIKE]but I am[/STRIKE] but luckily I've seen the light that money doesn't make the world go round. Maybe more people should get into debt to realise it! :rolleyes:

reehsetin

Al_Mac wrote:

The theory is valid though.

thank you, thats all i needed to hear

DevonLad21

This is making me really angry now.

Right I paid my mobile bill with a different account to which I normally pay and canceled the direct debit. After I paid I asked when I could set the DD up again and they said if I did it there and then it would be for the march bill.
Now my bill was for £198 as I brought a new phone and what did the company do? They took direct debit for £198 from my bank on 24 feb for a bill which I already paid! Phone the mobile company and they wont pay the charge seeing as it was there fault, so who has to pay it?

ME! and i didnt have enough to cover until the 28th when I get paid so I am £39 down - thank you very much 3 mobile.

This is how easy these charges can come about so no one has any right type casting people that are in debt / get bank charges as they are easy and sometimes applied even when its not your fault.

Good for you that your not in debt, dont rub it in our faces and stereotype


Grrrr

deedee2665

reehsetin wrote:

how has this arguement changed, my arguement is £20-£50 is all, you can cancel your landline/internet all extras, sell your car, get a higher paying or extra job. sell things on the side, something to raise enough money to have a bit aside to feed your kids in an emergency - how is this sounding insane to people, seems common sense to me

Its only common sense if we all have good health so we can work and dont need to be looked after by your husband and children .

madison's_mum

So if people can't afford to have children who is going to pay when they do have them? This is a comment where we could substitute flash car, plasma screen, foreign holidays etc for children. We must all live within our means. Your children can only cost what their parents can afford.

NOT INTENDED TO BE HORRIBLE, so do you include people on benefits having kids, that i as a tax payer pay for? Why cant i have my own child just because i am paying my debts back at reduced rate?