Organising Bank Boycotts

[bigkacker]

Originally Posted by BankFodder

I also have to say that I think that the banks will be very pleased to have "troublesome" customers leaving them.

I think that boycots are a good idea but it would need such a substantial number of people to leave to have an effect that i don't think that we could make a difference.

With regard to troublesome customers, it's troublesome customers who make billions for the industry when they slam on their excessive and unlawful charges.

Why kill the goose that laid the golden egg?

If overnight every customer who clocked up charges was no longer allowed a bank account, the entire indusctry would suffer an enormous lull in profit. I disagree with Bankfodder that the bank want rid of troublesome customers. From an individual point of view yes it would make things easier for them but if we (troublesome customers) were to leave in mass they would sharp realise the error of their ways.

No disrespect to you bankfodder don't worry your'e still my guru.

[steven4064]

Coming back to Blueskies' boycott of Nestles - we too have boycotted them for years for the same reason. One problem is you hardly ever hear of the campaign yet the suffering of the victims far outweighs anything suffered by victims of bank charges (wit all due respect). Given CAG is for consumer action, is it a suitable forum to raise the profile of a campaign that seeks justice for consumers who may not be able to seek it for themselves?

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

[Gez]

Originally Posted by bigkacker

With regard to troublesome customers, it's troublesome customers who make billions for the industry when they slam on their excessive and unlawful charges.

Why kill the goose that laid the golden egg?

Because that goose has taken back all their eggs & will not lay any more anyway now..