Charges reversed - but

Queenieviolet

I quite agree that some charges are unfair. I recently went over my overdraft facility by 3 x 60p (child on internet, will not happen again) and was charged £75. It may be in the contract, then the contracts are unfair. Charge a fair fee for the money loaned and set up fair fees in the contract. We all have a choice to enter into a contract, but who can really not have a bank account these days? Oh, and we don't all have a 'choice' about going overdrawn - sometimes it doesn't matter how I budget, there is not enough money to pay the bills. Life isn't so cosy for some as those on here who are perfectly in control of their finances!

Wywth

Queenieviolet wrote: »

I quite agree that some charges are unfair. I recently went over my overdraft facility by 3 x 60p (child on internet, will not happen again) and was charged £75. It may be in the contract, then the contracts are unfair. Charge a fair fee for the money loaned and set up fair fees in the contract. We all have a choice to enter into a contract, but who can really not have a bank account these days? Oh, and we don't all have a 'choice' about going overdrawn - sometimes it doesn't matter how I budget, there is not enough money to pay the bills. Life isn't so cosy for some as those on here who are perfectly in control of their finances!

Your post begs an interesting question.

I wonder which is more difficult?
A. To spend time & effort (and possibly incur inconvenience) staying in control of one's finances (and not buying things one cannot afford)
or
B. Spending care free, and then just spending others money when one has have no more left?

meer53

Queenieviolet wrote: »

I quite agree that some charges are unfair. I recently went over my overdraft facility by 3 x 60p (child on internet, will not happen again) and was charged £75. It may be in the contract, then the contracts are unfair. Charge a fair fee for the money loaned and set up fair fees in the contract. We all have a choice to enter into a contract, but who can really not have a bank account these days? Oh, and we don't all have a 'choice' about going overdrawn - sometimes it doesn't matter how I budget, there is not enough money to pay the bills. Life isn't so cosy for some as those on here who are perfectly in control of their finances!

There are banks who don't charge for such small amounts over your limit, maybe take time to find one ? You have a choice over who you bank with.

Queenieviolet

meer53 wrote: »

There are banks who don't charge for such small amounts over your limit, maybe take time to find one ? You have a choice over who you bank with.

Since I now owe my bank money, I cannot so easily move. Checking out bank charges and constantly moving around for the best rates is not an option for everyone....some of us have many things going on in our lives....banking of which is one of many. It is very easy to compare a persons circumstances to your own and feel superior. It's a bit like judging people who smoke, overeat or take drugs. Life is rarely as straightforward as some people like to believe and not everyone is in full control of every aspect of their lives. Perhaps you are overweight or do not spend time with your family....we all have our problems and I would not judge.
Charge a fair fee for a fair loan - simple. If other banks can do it then why don't they all. And if fees are being paid back, then it's because they are judged unfair!

Queenieviolet

Wywth wrote: »

Your post begs an interesting question.

I wonder which is more difficult?
A. To spend time & effort (and possibly incur inconvenience) staying in control of one's finances (and not buying things one cannot afford)
or
B. Spending care free, and then just spending others money when one has have no more left?

I hardly call direct debit bills 'spending care free'. You are comparing me to people out shopping! Most of the charges I get are DD for utility bills which are paid when I do not have enough money. And I do not have enough money because sometimes we do not earn any....hard as we try! It is so easy to feel smug when life is good for you. It was for me once.....careful, it is a long fall from your ivory tower.

meer53

Queenieviolet wrote: »

Since I now owe my bank money, I cannot so easily move. Checking out bank charges and constantly moving around for the best rates is not an option for everyone....some of us have many things going on in our lives....banking of which is one of many. It is very easy to compare a persons circumstances to your own and feel superior. It's a bit like judging people who smoke, overeat or take drugs. Life is rarely as straightforward as some people like to believe and not everyone is in full control of every aspect of their lives. Perhaps you are overweight or do not spend time with your family....we all have our problems and I would not judge.
Charge a fair fee for a fair loan - simple. If other banks can do it then why don't they all. And if fees are being paid back, then it's because they are judged unfair!

You don't have to check out bank charges or constantly move around for the best rates. It's quite simple really, just make sure your account is secure and can't be accessed by your children. I'm sure you've now done this. Although you blame your child on this occasion, you have admitted to incurring charges for other reasons too.

Personally, i don't have any problems with my weight, my family, or my banking. I'm a single parent with 2 children and i also work. My life is not easy or straightforward. If i thought i was being overcharged by my bank, i would be looking for another account where the charges are less. I don't incur fees because i live within my budget. If you can't live within your budget, then something has to change. It's not rocket science. I'm not judging anyone, just stating facts. You, however, don't seem to like facts.

All bank fees are stated when you open your account, if you don't like them, don't agree to them and take your business elsewhere. When fees are refunded, it's as a gesture of goodwill, not because they're unfair. You'll find that if you have a genuine reason for asking for a refund and you haven't been refunded before, you will get a refund. The banks won the court case against unfair fees back in 2009.

Your replies to my post and to Wywyth's are insulting. We obviously hit a nerve.