Getting Charged On Purpose to Increase the Claim

PKea · 15th August 2006, 17:31

Just curious to know if anybody has now deliberatley caused charges on their account knowing that they will get the money back in the long run.

Is this Ethical?

Or do the banks deserve it?

JonCris · 15th August 2006, 17:48

davisc02 · 15th August 2006, 18:41

Apart from being unethical and lowering yourself to their level what would be the point to pay out money to claim the same amount back (apart from a few pence interest).

PhantomReclaimer · 15th August 2006, 18:42

Quote:

Originally Posted by PKea

Just curious to know if anybody has now deliberatley caused charges on their account knowing that they will get the money back in the long run.

Is this Ethical?

Or do the banks deserve it?

Thats probably the daftest thing I've ever heard - there's no point it's your money in the first place. You aren't profiting in any way.

Actually, no, I've heard dafter. The League Against Cruel Sports recently said that it was going to buy up shooting estates and re-sell them minus the sporting rights and use the proceeds to finance more purchases - HUH? It's one way of getting to the bankruptcy Courts in short order I suppose for anyone who seems determined to do it. It would be like a property developer deciding to buy up perfectly good houses and try to sell them on after having ripped out the floors, walls plumbing and electric out of them.

P.

JonCris · 15th August 2006, 18:59

Some silly sod would buy them

JonCris · 15th August 2006, 19:16

Quote:

Originally Posted by PhantomReclaimer

Thats probably the daftest thing I've ever heard - there's no point it's your money in the first place. You aren't profiting in any way.

Actually, no, I've heard dafter. The League Against Cruel Sports recently said that it was going to buy up shooting estates and re-sell them minus the sporting rights and use the proceeds to finance more purchases - HUH? It's one way of getting to the bankruptcy Courts in short order I suppose for anyone who seems determined to do it. It would be like a property developer deciding to buy up perfectly good houses and try to sell them on after having ripped out the floors, walls plumbing and electric out of them.

P.

Yeah the shootun & untin rights are worth millions and that's what pays for their upkeep The land is usualy rocky & hilly with pleny of scrub for the guns to hide. Silly moo's

blacksheep1979 · 16th August 2006, 02:15

unless you actually have enough money, then run up several thousand in fees and sit back for 5 years and lap up the 8% interest

JonCris · 16th August 2006, 02:39

8% compound. Better then a building society, tax free but such hard work

PhantomReclaimer · 16th August 2006, 10:36

Quote:

Originally Posted by blacksheep1979

unless you actually have enough money, then run up several thousand in fees and sit back for 5 years and lap up the 8% interest

But you would be overdrawn so would be getting charged at least that on the O/D balance. Not to mention the fact that intentionally incurring these fees would be highly illegal.

P.

JonCris · 16th August 2006, 12:50

Thats why you would claim contractual interest (compound *********) & not the 8% CC & I imagine it would be highly illegal if you got caught.

PS where is this fantasy going?

dollies01 · 16th August 2006, 13:00

I've had two more lots of charges since my prelim letter both of £39 each.
I haven't got them on purpose, in fact one led to the other (as usual)
The only difference now, is I only get momentarily annoyed by it, instead of suicidal!

My husband and I have just applied for a joint account at the Halifax (the bank Im claiming from)..........ya think we will get turned down? lol

blacksheep1979 · 16th August 2006, 13:48

Quote:

Originally Posted by PhantomReclaimer

But you would be overdrawn so would be getting charged at least that on the O/D balance. Not to mention the fact that intentionally incurring these fees would be highly illegal.

P.

as I said if you had enough money ie if you weren't going to go overdrawn and I think it would be hard to prove intent to create fees as nobody in their right mind would be doing it

JonCris · 16th August 2006, 13:56

Quote:

Originally Posted by blacksheep1979

as I said if you had enough money ie if you weren't going to go overdrawn and I think it would be hard to prove intent to create fees as nobody in their right mind would be doing it

Correct

A thought does occur though that you could delay by using the maximum amount of time available for you to progress your claim thereby racking up daily charges. For example giving them additional time to respond & so forth.

They would have to be cautioned at the outset that interest was accruing daily

Glenn UK · 16th August 2006, 17:13

Quote:

Originally Posted by blacksheep1979

as I said if you had enough money ie if you weren't going to go overdrawn.....

Am i missing somethig here, if you dont go overdrawn then what charges will you get?

I though that bank charges were for exceeding an overdraft or using one where you dont have that facility.

If you have loads of moeny and dont go overdrwn yuo dont get charges do you?

JonCris · 16th August 2006, 17:21

No Glenn your not.

This thread is someones fantasy or no matter how stupid lets see where it goes threads

dollies01 · 16th August 2006, 17:23

erm ...........charges like unpaid direct debits, and insufficient funds for cheques each carry a £39 charge with the Halifax.

They only allow me an overdraft if I have insufficient funds for the charges...........they charge £28 for this.

JonCris · 16th August 2006, 17:30

So dollies01 you ain't incurring them on purpose which is what this fantasy thread is all about

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