OFT Announcement made 10.00 am 24/4

Edinburghlass_2

“It has been announced that judgement in the High Court test case will be handed down on Thursday 24 April. Material on these web pages will be updated in the light of the judgement.”<o>

</o>T<o>hursday will be an interesting day in MSE land </o>

Please put any other links to news on this thread, thanks.
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Edinburghlass_2

The judge's concluding comments are in this article from the BBC.

http://news.bbc.co.uk/1/hi/business/7234824.stm

Knackered

This is interesting news. I was going to request my statements before the judgement so my request didn't get lost in the mire but it looks like I've left it too late.

Then again, if the courts rule in our favour will we still have to go through the same process or will it be simplified?

machomanugget

Its about time that we got something done.

the banks are getting everything they want at the minute and have done for a very long time, lets just hope we get what so many other have had over all this time ... OUR MONEY BACK!

jaydeeuk1

But even if the court finds in favour of us poor mugs, surely the banks can (and no doubt will) contest the decision at a higher court and drag the whole thing out longer?

magicmadam

Thank you for the update info. MM

mystic_trev

The UK's biggest banks are bracing themselves for defeat in the High Court test case about overdraft charges.

http://news.bbc.co.uk/1/hi/business/7362856.stm

andrewman

In the link in mystic-trev post is right then any court judgement in favour of the customer will be challenged at each level, this means then the case may not be over with for some years,in meantime banks will continue to charge what they see as fair fro their services.

madetofit

argggggggggggggggggggggghhhhhhhhhhhhhhhhhhh it makes me sooooo mad, i have now been left in limbo for over a year now, what they have made in interest is absolutely disgusting!!!!! i want my damn money and i want it now!!!!!

Burlesque_Babe

it won't end here - this is just whether the OFT can investigate the charges.

preid

i calculated my charges + intrest and i was shocked it was nearly £2000 thats half of my dept so got my letter written up and ready to send once the annoucement has been made, just hope its in the customers favour