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Everything posted by KSmith82

  1. This is an unfortunate situation but technically she would still be liable for the debt. For joint accounts, overdrafts can be applied for by any party without the permission of the other parties.
  2. No. You just didn't apply for a planned overdraft. Any current account can go overdrawn (into an unplanned overdraft). This is probably true. When using your card, sometimes small transactions are automatically approved straight away without checking with the bank first. The shop then processes the transaction a couple of days later. Until then the bank has no idea of the transaction even occurred. However, it would be your sons responsibility to monitor his spending and account balance.
  3. As I presumed. Great, I work full-time and am on this forum to help people too. You've mis-understood me. I wasn't asking for a specific BCOBS case. I was asking you to find a specific example where my approach to the financial issues of other posters shows that I am not aware of BCOBS or don't understand it. The OP's issue is in respect to an unauthorised overdraft. Overdrafts are not covered by BCOBS. For overdrafts, the relevant legislation includes CONC and the Consumer Credit Act. That's not quite true. Only certain aspects of BCOBS (e.g. rules NOT g
  4. I must admit I still disagree with you. He was made aware he had cause for a complaint because he now realised the account was unsuitable. I definitely agree with you on the last sentence though! It sounds like Natwest may have issued their final response for the complaint, in which case the next step would be the FOS. And the OP would have to counter Natwest's assertion that they should have been aware they had cause for complaint at this meeting in March 2009. So it would be good to explain exactly why you didn't think/know to make a complaint within 3 years of this meeting
  5. So is steamrolloing charges on charges unlawful then? Or are you still looking? I disagree, I understand BCOBS perfectly fine. Obviously you're free to disagree aswell but it would be good if you could find a specific example which has led you to think otherwise.
  6. That's an outright lie. You wouldn't need to see an article published by the FOS in order to realise that you had cause for complaint.
  7. I'm not disputing this. What do you mean no? I don't think you're reading my posts properly. Well it does play a part if it means that chesterpug realised he/she would have grounds to complain. The exact wording in FCA DISP (as I have already posted for you multiple times) is "three years from the date on which the complainant became aware (or ought reasonably to have become aware) that he had cause for complaint". And Natwest's argument is that chesterpug did become aware during this meeting in March 2009 that there was cause for complaint. And even if chesterpug didn't re
  8. It isn't clear what you mean by this comment. If the original mis-selling event is January 1999. Then 6 years after is January 2005. If you realised you were mis-sold in March 2009, then 3 years after this would be March 2012. (So that's 13 years and 2 months. And quite obviously 13 years 2 months is MORE than 6 years) So a complaint in May 2015 is well out of time.
  9. Well aware of BCOBS, it gets mentioned so often. But thanks anyway. Look forward to it.
  10. I get the feeling you are not reading or understanding my posts properly. THIS INFO IS WHAT I HAVE ALREADY SAID. I can't see why you are copying and pasting this information again? Anyway. So in chesterpug's case, Natwest are saying that he realised he was mis-sold in March 2009 but didn't make a complaint until May 2015 which is more than 3 years after the event. Therefore, they don't have to consider the complaint. This makes no sense and doesn't seem to have any relation to what we are talking about. What is a CCL letter anyway?
  11. If those complaints were made more than three years from the date on which the complainant became aware (or ought reasonably to have become aware) that he had cause for complaint then those complaints would not have likely been considered. However, most people would not realise their account was mis-sold and then wait more than 3 years before making a complaint. Unfortunately, chesterpug realised the account was unsuitable but didn't make a complaint until now which is MORE than 3 years later. Therefore, chesterpug is out of time and Natwest don't have to consider the complaint.
  12. Yes. The only thing they wouldn't be able to do is file a default notice "if the amount outstanding is solely made up of fees or charges". As you said, you might just have to suck this one up. If you had gotten in touch sooner they may have been able to do something about your mistake and maybe make a one off gesture of goodwill and stop some of the charges from being applied Or even more ideally, you could have signed up to text alerts in which case you would have known you were overdrawn pretty much as soon as it happened and then you could've transferred some money in
  13. Fair and reasonable or not, those are the FCA DISP rules regarding the time-barring of complaints. The fact that both your (dx100uk & Baz1994) complaints were upheld even though they relate to events way back in the past is irrelevant. Your complaints may well have been time-barred too, in which case the banks wouldn't have been obliged to consider them but they could do if they wanted too. Natwest are simply within there rights and are not obliged to consider chesterpug's complaint.
  14. They can quite rightly reject a complaint without considering the merits if it's more than six years after the event complained of OR (if later) more than three years from the date on which the complainant became aware (or ought reasonably to have become aware) that he had cause for complaint. You complained about your Advantage Gold account in May 2015 and stopped having this type of account in March 2009 - which is more than 6 years ago. Although your complaint is actually about the sale of your account which seems to be back in January 1999. At your meeting in March 2009 you shoul
  15. That isn't right. They give you a £10 interest-free and fee-free buffer - so there would be no charge for being £1 overdrawn for a whole 31 days. In any case the maximum they charge in a month for unplanned overdrafts is £100.
  16. Fraud teams will see this all the time. A family member is usually responsible. Does you partner or anyone else in your family or that you live with know your PIN? It is up to you. They are not obliged to let you see CCTV footage and it is not normal to show it to you. (And they would only have footage of Barclays ATMs of course). As mentioned by other posters above, try and establish where and when the money was withdrawn. Also try and establish if the withdrawals were completed using the card chip or the magnetic stripes. (The magnetic stripe
  17. The FOS are legally required to publish Ombudsman decisions (with the case details anonymised) so would you mind posting your Decision Reference Number (DRN) so that we can see the case and see precisely which information the FOS considered and whether there would be any grounds for further action?
  18. The Halifax credit scoring system can see the money coming into and out of your account and uses this in order to assess affordability. The system wouldn't be able to detect and distinguish between whether your income was a salary, pension, benefits etc. You took out the loan online and would have had to confirm whether your income was acceptable for a loan application. If your income was not allowable and you confirmed otherwise then technically you made a fraudulent loan application. The purpose of the service isn't to automatically side with the firm or the consumer, but
  19. A Subject Access Request is not a request for all personal data unless you specifically request that. If you didn't request this in your initial letter then Natwest are correct to put your request on hold until you inform them of what personal data you actually want. They are also correct to require a wet signature in order to verify your dad's identity and ensure that nobody else gets their hands on his personal data (when Natwest send your dad letters with scanned signatures they do so because it's more personal, not so that your dad can verify their identity). The 40
  20. I didn't say it was your/the account holders fault.
  21. Apply through internet banking or call 0800 096 1282. See: http://www.lloydsbank.com/loans/existing-loan-customer.asp
  22. What I said above was a simplified explanation. The actual requirement (thanks to the EU Consumer Credit Directive in 2011) is that "the representative APR must reflect at least 51% of business expected to result from the advertisement". So HSBC would have to make these estimates/expectations before the advert/campaign is actually run and they would use data from previous promotions etc. to make these estimates.
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