Financial Ombudsman - a recommendation - Page 5

pwuk26 · 28th November 2006, 02:02

hi! i have been charged so many times and have had a few refunds as good will gestures. would this affect my claim? i also have a personal loan with my bank will this be a problem? i struggle to keep up with rising bills and regualarly rob peter to pay paul which is why i go over sometimes. it just isnt fair that the banks can charge me and for the charges they impose on my account. and why are they so much?

rascal3103 · 28th November 2006, 10:01

Hi,

I had the same issue with my bank. I just added back any refunds onto the spreadsheet when I listed all my charges. As long as you put the correct dates in then it doesnt affect the interest statement at all and gives you the right figure at the bottom.

I would also recommend you start your own thread.

Regards

Rascal

bill-k · 28th November 2006, 10:29

Echo that, pwuk26. Read up - read FAQ's etc. Read posts.

You will be amazed at what you can learn from this !!

It's as good as a PhD !!

Do it, matey - you won't regret it !!

skyclad · 28th November 2006, 12:51

The Financial Ombudsman is a quango run by the banks themselves and as such has no vested interest in offering a fair service to the general public. What we need to put pressure on is the government itself to regulate the clearing banks.

Abby National
Bank of England
Barclays
Co-op
Egg
Halifax
Lloyds TSB
Nat West

These banks are allowed by charter to operate outside the laws of England when dealing with the nations finances and as such are allowed to get away with ripping us off at every oportunity. Clearance times have increased in the last few years despite pressure from the OFT and other bodies. The banks use it to manipulate our money and increse their revenue. I know this a bit off thread so please could the moderators move it if they wish.. Great work peeps...

bill-k · 28th November 2006, 13:35

Quote:

Originally Posted by skyclad

The Financial Ombudsman is a quango run by the banks themselves and as such has no vested interest in offering a fair service to the general public.

FWIW This seems well on-thread to me. It echoes my personal suspicions about the FO.

Can it be substantiated, though, Skyclad ?

Not a challenge as such - I genuinely don't know who really runs it, and I don't know how to find out.

Bill-k.

un1boy · 28th November 2006, 15:15

What does FWIW mean?

un1boy · 28th November 2006, 15:15

It's just come to me - for What it's worth!!!

bill-k · 29th November 2006, 02:28

Quote:

Originally Posted by un1boy

It's just come to me - for What it's worth!!!

Glad I'm not the only one wrestling with forumspeak sometimes, mate. Yeah - it's fun just puzzling it out, sometimes, innit ?

We all slowly evolve our own, too. I use FOMTL (clue -see my location !)

Another one I got the other day was CRAFT, but I've forgotten what that meant. Geddit , yet ?

Post up answer for a free banana !!

HTH, BTW, but if you don't post back, then AFAIC - FU2 !!

Battleaxe · 29th November 2006, 09:05

Maybe we should text our complaint to the FO with acronyms.

I have to admit I have never used the text facility on my mobile phone, i can't remember the number,, that is why no-one has it.

ROFLOL...

bill-k · 29th November 2006, 10:05

Quote:

Originally Posted by Battleaxe

Maybe we should text our complaint to the FO with acronyms.

I have to admit I have never used the text facility on my mobile phone, i can't remember the number,, that is why no-one has it.

ROFLOL...

yes, they certainly seem to invite that, don't they ? I think I might have posted a rough template letter earlier to that effect !!

Predictive text - similarly dangerous.

You tell some nuisance caller to go forth & multiply. (Sorry - spread reputation)

Next thing you know, dearest mother-in-law has had the same suggestion - simply because your next text to her began with 'F.'

un1boy · 29th November 2006, 10:10

Quote: