ABBEY NATIONAL

Any one that wants to see my story of my fight with abbey its on page 19 of the Daily mail today! or in some regions its on page 27

from the story it looks like which is going to join in the fight to

[Russe11]

Did the press pay a fee for this ?

No if i wanted payment i have to have offerd the story to one paper only

however i wanted the story to reach as many people as possible. so they too can get there money back.

[Russe11]

good stuff, was the daily mail the only paper interested in running the story ?

No so fare today its in the Daily Mail, The Daily Telegraph.Western Morning News, The Sun,Plymouth Evening Herald. and probably many more.

I been told it going in the Express but that might not be today!

[Russe11]

think is, did you arrive at the offer of saying 5k ? and they urrrr ummm ok then.

to be fare 5k is nothing, but they will not be giving out 5k to every claiment will they ?

They will have to start contesting claims otherwise everyone else will be asking for larger and larger settlements

There must be more to it ?

Have not have chance to see the daily mail today, is it online ?

[Robertxc]

Nice picture in the Mail. Was it you who smashed the sign on the cash machine?

No trust me Abbey did not want to pay me anymore than £840.00. They tried everything to force me to settle. This included putting in a part 36 offer, when I refused to accept this. They threatened to apply for my claim to be stuck out.

Once they realized that I was not going to disappear or be bullied, they finally offered me £2000. I rejected this was because if I were going to settle, I wanted to make sure that it would be for an amount way above what my claim was worth. Therefore, it would clearly show that Abbey would pay anything to avoid a court hearing.

Personally I think them paying me 600% more than my claim was worth did this. and now I am pushing the OFT to act which they should of done, a long time ago.

I cannot say if they will be paying this to everyone, what is more I would have to advice people to settle at the amount of there claim. However if people want to hold out then that is up to them.

What is important to know my claim was not just for the money but I had also sort a declaration that Abbeys terms were unfair.


Here a link to the article that appeared in the Plymouth Evening Herald


http://www.thisisplymouth.co.uk/disp...folderPk=78031

[Russe11]

many thanks, I see it as not good to push for more as the idea is to just recover the charges, however I do intend to ask for more if they ask for confidentiality.

[BankFodder]

Abbey made this statement was at the end of the Plymouth article.

"For most people, banking is free - they do not incur penalty charges. We do not charge fees to people who contact us and ask to borrow money - bank charges are only imposed on those who don't contact us and go beyond their agreed limits."

The clear implication is that anyone who contacts Abbey before their problem actually develops will not have to pay charges.

I do not believe it for a single minute.

[Russe11]

"Abbey is up front and transparent about all its banking charges as set out in its Tariff of Charges. Abbey's bank account is good value and our charges compare fairly with others. We review our fees and charges regularly against our competitors."


We review our fees and charges regularly against our competitors.

well done on that note, I think the spokesperson ment to say... along the lines of we review the costs involed and the liquidated damages we suffer.

not ah well we see xyz is charging 3 quid more so we shall charge only 2 pound extra this year.

The banks seem stupid as, or are they going to try and contend all cases on the service basis from now on ?

they review there charges

(hmm I see we could charge more for that, and look there a place we could charge more too

MORE IDEAS FOR YOUR MONEY
More ways of charging you!

[Robertxc]

I happen to work in the field of large computer systems, and I know a few people who work for banks in their computer centres. A common theme is that even internally, the banks are very cagey about how much it actually costs them to knock back DDs etc. However, what is clear is that there is no magic involved and their systems are essentially quite straightforward and compare in running costs to any large organisation's computer system.

What this tells us (and I've asked a number of techies about this), is that from a purely computational standpoint, about 99% of the cost to the bank for returning something like a Direct Debit comes from the second class stamp to tell you about it. (Royal Mail are not allowed to discount for anyone).
Could this be the reaon the banks are so reluctant to go to court? I wonder....

[gothicf0rm]

stepehen, so basically they offered to settle and you refused? we have a thread on another thread. i was told you cant do this... but you managed it fine? in my particulars of claim not only going on about wanting the money. i also mention how they are breaking contract law in refusing to justify their costs... surely if they offer to settle for the amount mentioned in the claim there are still other issues i have brought up in the claim too.

[BankFodder]

You have to understand that Stephen took a very big risk. If they had called his bluff and he had gone to court seeking a declaration he would have faced a serious costs bill if he had lost.
What you don't appreciate is that his action was moving away from the small claims track where you are protected from paying costs if you lose.

If you are on the small claims track then you must litigate reasonably. You can't stand on points of principle and you must accept a full settlement when it is offered. If you don't then you may face a bill for costs as you may not then enjoy the protection of the costs rule inthe small claims track.

[gothicf0rm]

so they were desparate to keep the case on the small claims track ... yeah i see what youre saying. how about going back to court after i win to get an injunction against the bank? im guessing a bank would be desparate to stop such an injunction being carried out.

[BankFodder]

Don't even think about it.

£££££!!!

[Falkirk1298]

[quote="Robertxc"] snip

What this tells us (and I've asked a number of techies about this), is that from a purely computational standpoint, about 99% of the cost to the bank for returning something like a Direct Debit comes from the second class stamp to tell you about it. (Royal Mail are not allowed to discount for anyone).
quote]

Or even less than a second class stamp if you have internet banking.

[Docubot]

[quote]What is important to know my claim was not just for the money but I had also sort a declaration that Abbeys terms were unfair. [quote]

Is it possible for you to post that here?