Claiming Back Bank Charges - Looks like the bubble has burst - Page 7

GoddamnElectric · 4th August 2007, 4:37pm

Quote:

Originally Posted by djtoast

My pal is owed about six grand!!!!!!

I'm struggling to imagine how someone could have racked up six grand in charges... I mean the odd direct debit forcing you overdrawn I can understand, that sort of thing happens now and then if your finances are a little close to the wire. But for it to happen often enough that the charges amount to six thousand pounds?

Any idea how he managed it?

**djtoast** · 4th August 2007, 5:09pm

I know, does sound an awful lot. When he told me that figure I figured he'd worked it out himself and made a mistake, but if they offered him £2.5k it could well be right.

I know he had things like car loans and stuff, presumably most people have a maximum of what? three or four DDs (eg utility bills) that could be refused but if there's a few loan repayments as well... possibly bounced cheques as well?

Dunno exactly how he managed it, but with no offense to the guy - he's a good mate - if anyone could do it, he could

Rhythm Junkie · 5th August 2007, 1:41am

Quote:

Originally Posted by Hammer

I'd transfer to the Coop bank at the drop of a hat if it wasn't for the fact that HBOS own my ass via Student Account.

I still have a student accout with Bank Of Scotland but transferred to Co-Op ages ago. Do it!

*Unless your local Co-Op are gonna be at Angel - in which case don't bother. They're horrid. To the point where I had to step in the other day 'cos one of the branch managers was having such a go at a customer that it was totally out of order.

CHUCK LIDELOL · 24th October 2009, 5:53pm

Where do we stand on this now?

Jaemi · 24th October 2009, 5:59pm

Still in limbo..

Runt · 24th October 2009, 6:01pm

dude on the phone told me that it was an ongoing court thingy and that no claims would be dealt with until there was a final ruling on the matter(didn't tell me when) BUT he did offer a one-off reversal on the bank charge I was asking about without me having to make any fuss about it.

Fabrizio · 10th November 2009, 11:02am

My girl friend has been trying to claim back 3000 over 5 years, she out her claim in over a year ago and still hasn't got anywhere.

spoonie · 10th November 2009, 12:22pm

Banks are holding off repaying any of these until there's been a final court decision on it. A couple of high street banks have recently dramatically reduced the amount that they're charging for all of their charging categories (most probably in anticipation of losing the court case) and I wouldn't be surprised if others followed suit. Getting 6 grand of charges is mental tho!! That's like making a full time job out of failing to meet your financial commitments

GoddamnElectric · 10th November 2009, 1:41pm

Quote:

Originally Posted by CHUCK LIDELOL

Where do we stand on this now?

The new Supreme Court is due to give their ruling any day now. However, they'll only rule that the current fees are unfair. It'll be for the Office of Fair Trading to decide what a 'fair fee' is, and issue guidelines (which the Courts would then use to decide how much money customers are due back). They've probably already got that lined up and ready to go, but the banks will be within their rights to appeal that decision too and spin the whole mess out for a bit longer.

System_Star · 10th November 2009, 1:53pm

I used to deal with idiots on the phone who had £3000+ of charges back then were STILL getting charged for going overdrawn in future months through their own crazy spending/stupidity.

Warped · 10th November 2009, 9:08pm

Guy phone me up the day wanting the bank to pay his 12 pound late payment fee for some credit card beacuse we declined the payment...coz he had no funds to pay it. Aye nae bother ya fucking rocket.

EvilElvis · 17th November 2009, 8:52pm

Ruling set for November 25th

Runt · 17th November 2009, 9:08pm

Quote:

Originally Posted by Warped

Guy phone me up the day wanting the bank to pay his 12 pound late payment fee for some credit card beacuse we declined the payment...coz he had no funds to pay it. Aye nae bother ya fucking rocket.

I don't think that's hugely unreasonable, don't banks increase overdrafts all the time?

Brookie · 17th November 2009, 9:58pm

Quote:

Originally Posted by Runt

I don't think that's hugely unreasonable, don't banks increase overdrafts all the time?

Nope we don't. Most people can't get an increase anymore. Depends on how well the account is run.

Warped · 17th November 2009, 10:03pm

Quote:

Originally Posted by EvilElvis

Ruling set for November 25th

Yeah we got breifed on it today. Its just bunch a peers that are going to decide if bank charges are fair or not. Clearly MPs aint gonna get even more on the peoples bad side by saying they are not. Its up to the Office of fair tradiing to decide if people should have charges paid back and how much charges should be. This craps going to last forever, the wheels of justice turn slow eh.

Quote:

Originally Posted by Runt

I don't think that's hugely unreasonable, don't banks increase overdrafts all the time?

Overdrats are lending, so we only do it for people that can afford it, its more difficult to get one these days like lisa said. At the end of the day the guy didn't have enough money to pay his credit card bill, thats no the banks fault.