How long does a bank remember bad debt?

[Deleted User]

Give and take?

They gave you money, you took it and scarpered with it.

Seems fair to take you back again right?

xlnc99

Just like the bank took our money and scarpered with it??

Seems fair?

gabanker

I have never been back to the bank I previously had a bad experience with as I am happy with my banks I am with now. I would suggest you ring that bank or contact them on twitter/Facebook with that query and maybe they can help resolve it.

eskbanker

xlnc99 wrote: »

Just like the bank took our money and scarpered with it??

Which bank took your money and scarpered with it? In your earlier posts it sounded much more like you took HSBC's money and scarpered with it, even if you belatedly repaid the company they sold the debt to....

xlnc99

eskbanker wrote: »

Which bank took your money and scarpered with it? In your earlier posts it sounded much more like you took HSBC's money and scarpered with it, even if you belatedly repaid the company they sold the debt to....

They took all our money and scarpered with it, including yours. Talking about all the PPI claims, overdraft charges, interest charged etc etc

eskbanker

xlnc99 wrote: »

They took all our money and scarpered with it, including yours. Talking about all the PPI claims, overdraft charges, interest charged etc etc

Ah right, I misunderstood - I thought you were making a serious point rather than just regurgitating some facile nonsense from the Daily Mail letters page....

And for the record, I've never paid anything for any of the costs you list.

xlnc99

Oh ok i got ya. The banks are sqeaky clean and the world and everyone in it are just plain old wrong....

Nasqueron

xlnc99 wrote: »

It should be a level playing field as far as i am concerned. WE dont have options when it comes to banks, every individual MUST have a bank account. You cannot survive without a bank account and that is the true and honest fact. Yes you can argue there are plenty of banks etc but that is beside the point. You do not want to be blacklisted forever, you would like a choice that maybe later on you may decide you want to use their service for something. A bank effects everyone and is a necessity for every individual for life. Its a not a choice so being blacklisted from a bank (if that is indeed the case) is completely wrong.

At the end of the day everyone makes mistakes and the OP made a mistake as am i sure alot of people have done. No-one is saying punishment should not be given, but we should be fair in the punishment. A perfect example in this thread was speeding ticket or points. They remove after a few years and you have a clean slate. Would you be happy if your speeding points stayed for life?

As your you defending banks saying a person has cost them money. I am sure you know by know how much banks have cost people money. They make MONEY Out of US and have been for years for a service that we Must have. IS that not fair?

All of which can be summed up exactly I posted before - banks are a commercial operation, they do not have to do business with you if they don't want to, end of story. You could walk into a bank and make a rude comment to a staff member and they choose to close your accounts and blacklist you, as is their right as a business and nothing you can do about it - quite rightly.



I am not defending the bank, I am pointing out that it is nothing to do with fairness, nor does fairness come into the decision making. Is it fair someone can borrow money, refuse to pay it back and then ignore it for 6 years and have the debt wiped from their record so another lender cannot see the past behaviour?