Bank Charges OFT Test Case Discussion

borgbaiter

hi

thank you for the update.

Another bank/bs stressing the breach of contract isnt a breach of contract. i think this may be there problem. they are fairly sure they can weasle reasonable out of what there doing but can in no way make it fit common law cost for breach of contract.

borgbaiter

ps missed the fact TSB said the same too

smitchy73

I cant understand how they can get away with saying that their t & c's were just wrong, when thats what the customers get, then when we claim against them they try and weasle out of it by saying that they were jsut wrong, aye but till now they've never thought of changing them.
Slimy b**tards!!

borgbaiter

hi smitchy


they have no shame. shows contempt for customers dont it. its wrong so what its only going out to the customers.


borgbaiter

a11waysindebt

nickmack wrote: »

Thanks for the update, however please do not quote verbatim from other sites without at least crediting the source, see the rule on Copyright below:

http://forums.moneysavingexpert.com/showpost.html?p=1009323&postcount=9

I guess your text came from here, so it's only fair to provide the link:

http://news.bbc.co.uk/1/hi/business/7206447.stm

Sorry, I was unaware,but I will provide the link in future updates.Thanks.

borgbaiter

hi always

thanks for the info, i hadnt spotted it out there. be thanks, if its a link or a copy but rules is rules :-).

keep the info coming

Borgbaiter

Kingswick

For around 10 months recently I had a real and pressing cashflow problem. I immediately informed the bank and explained that it was purely temporary: several times. I kept them informed, weekly - religiously, on exactly how my situation actually was. But they refused to listen and came on strong, rude and offensive: I even had a foreign guy shouting down the phone that I had no right to spend the banks cash - even though the bank was at fault. That really upset me. Really!

Lloyds TSB kindly charged me around three hundred quid a month:eek: , during a stressed-out period when I had pleaded:exclamati for them not to. When I could not afford such charges. They ignored my plight and continued to plunder my account making my situation inordinantly worse. In fact, they almost broke me.

I will never forgive them for that - especially now when I have a healthy bank balance and have been approached by my bank manager himself :rotfl: to invest in the banks array of investment options.

The irony of all this has not escaped me. Or the bare-faced cheek.

But banks want it all, and they want it all now. They wanted my hard-earned cash and they took it.

I hope their desire for ill-gotten gains blows their hand off: especially the one that takes bank charges.:mad:

Right now I am demanding a refund - and I won't stop 'til I get it!

So, will the law courts back the oppressed? Will it find the banks are guilty of over-charging and order them to make amends by refunding the money they took from us during one hell of a long-lasting racket?

I call it extortion, de facto, and I wonder how the banks would react if their CEs were imprisoned for extracting money from customers without legal right to do so? Pigs might fly...
Of course I would not be so unkind as to want them to suffer:j , and yet I wonder if the courts will turn out to be a chocolate fireguard?

mickwaddy

I have already sent in my claim and have received a letter telling me my claim has been put on hold but since I have put my claim in I have received more bank charges. Will these be taken into consideration or do I have to send another letter claiming these charges as well.

Nathan_Spleen

kev2b3 wrote: »

hi all
is there a site that keeps a daily update to whats happening at the oft court case.

Yes legalbeagles.info you'll need to register but it's free

borgbaiter

hi

yep legalbeagles have a very good day by day account of whats happened

Borgbaiter

nickmack

The following link is from a site updating the story about the case going into the third week:

http://www.financemarkets.co.uk/2008/01/29/bank-charges-case-enters-third-week

A quote from the article reads 'The OFT said that administration costs should cost no more than £30...'

Does anyone have any other sources for the OFT ever saying this? I find it suprising they would even mention a figure, let alone one as high as £30!