Jump to content


  • Tweets

  • Posts

    • I think it was from 18months ago.    You’ll probably think I’m fussing again but I’ve got a feeling they’ll take mine further due to the shear amount that is owed, I’ll be astounding if they don’t. 
    • as I said read the date of the thread many moons ago.   its not illegal either, debt is a civil matter not a criminal one.   dx  
    • Hi Andy   Thank you for the link, it was very helpful, appreciate it.    I was actually made to feel quite 'stupid' and felt as if i was wasting the forums time on this thread after DX's comments in post #38.      Please see attached the necessary documents, please do let me know if you require anything else, many thanks.   Files attached:  - Default Notice   - statement of Default Notice  - Reconstituted Agreement & T&Cs - 3 different sets   P.S - sorry about the quality of the T&Cs, the high quality files were too large and had to reduce them.   Thanks, Roland   Exhibit JK1.pdf
    • If it’s so easy to get shut of a PayPal negative balance how come everyone doesn’t do it as such? I guess it’s morally wrong but not illegal!?    I read a thread were a PayPal employee said “paypal WILL take you to court and WONT let it lie, they have a specialist team that chase negative accounts over a ceratain amount which I’ll defo meet that criteria 
    • date of claim 14th November (2019)   What is the claim for – the reason they have issued the claim?  1) The claim comprises the following agreement the defendant entered into: a. JD Williams & Co with reverence 1234567 and current balance of £559.77 The agreement was terminated as payments were not maintained and subsequently assigned to the claimant. And the claimant claims: a) The said sum of £559.77 b) Interest pursuant to # s69 County Courts Act 1984 at the rate of 8% per annum from the date of assignment to the date of issue, but limited to one year, being £44.ui c) Costs   What is the total value of the claim? £735   Have you received prior notice of a claim being issued pursuant to paragraph 3 of the PAPDC ( Pre Action Protocol) ? Yes  Have you changed your address since the time at which the debt referred to in the claim was allegedly incurred? No Did you inform the claimant of your change of address? Is the claim for - a Bank Account (Overdraft) or credit card or loan or catalogue or mobile phone account? Catalogue   When did you enter into the original agreement before or after April 2007 ? Before   Do you recall how you entered into the agreement...On line /In branch/By post ? I think by post   Is the debt showing on your credit reference files (Experian/ Equifax /Etc...) ? No   Has the claim been issued by the original creditor or was the account assigned and it is the Debt purchaser who has issued the claim. Debt purchaser - Lowell   Were you aware the account had been assigned – did you receive a Notice of Assignment? Yes   Did you receive a Default Notice from the original creditor? Yes   Have you been receiving statutory notices headed “Notice of Sums in Arrears”  or " Notice of Arrears "– at least once a year ? Yes   Why did you cease payments? Couldn’t afford the interest    What was the date of your last payment? Over two years ago to the DCA   Was there a dispute with the original creditor that remains unresolved? No Did you communicate any financial problems to the original creditor and make any attempt to enter into a debt management plan? Yes
  • Our picks

theHotHead

Bank Charges ... am I missing something ?

style="text-align:center;"> Please note that this topic has not had any new posts for the last 3631 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hello all. I'm not sure what is what regarding bank charges, I never really understood the entire argument.

 

I requested my bank charges back from Nat West last year and my request was put on hold much like everyone else. But as far as I see there are 2 issues:

 

1) Fairness of unauthorised borrowing charges

2) Fairness of being charged for DDs/SOs that were not even honoured.

 

The first issue I don't really have a problem with, granted being charged £38 everytime they honour a DD/SO that takes me over my agreed limit is a bit steep, but I can accept that.

 

What I don't accept is the second issue, being sent a letter saying I am being charged £38 for a DD/SO the bank did not pay anyway and so didn't take me into any additional unauthorised borrowing.

 

So my question is, the bank charges that people have claimed or are trying to claim, are they issue 1, issue 2 or both ?? I can't see how issue 2 can possibly be justified by any bank if they don't even honour the payment anyway !

 

Have I missed something ???

Share this post


Link to post
Share on other sites

Hi,

 

I would say both, they cannot justify charging you that sort of money, when it costs them peanuts.

 

Regards.

 

Scott.


 
 

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

Share this post


Link to post
Share on other sites

Thanks Scott.

 

So this High court ruling, does that cover ALL claims, I mean, like I say, I'm not bothered that I got charged a hefty amount because the bank honoured a DD for me that took me over my allowed borrowing, but I am bothered that I won't be able to get back money for charges pertaining to DDs that the bank didn't even pay !

Share this post


Link to post
Share on other sites

SO your saying that because they paid out a DD that took you over the limit they can STEAL £38 of you because you did not ask them to do this.

 

Personally I would rather they had not paid the DD and had not stolen £38 of me


PGH7447

 

 

Getting There Slowly

---------

 

Advice is given freely but is in no way meant to be taken as Gospel:-)

Share this post


Link to post
Share on other sites

Yes, all these charges are unfair, I know where your coming from regarding them paying your D/D but £38, they're having a laugh. People have claimed the lot back, including myself with Interest.

 

The High Court ruling was not about whether these charges are fair or not, but whether the OFT could decide if they were.

 

Have a look at this 'link'............

 

The Consumer Forums - Announcements in Forum : Welcome to the Consumer Forums

 

Regards.

 

Scott.


 
 

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

Share this post


Link to post
Share on other sites

I know the charges are extortionate, but I was trying to play Devil's Advocate.

 

At the very best they could make the argument that they were out of pocket as a result of honouring a DD for me, fair enough. But sending me a letter telling me they cannot pay a DD and then charging me £38 is NOT justifiable in any way shape or form, unless they hired a champion racing Eagle or a Peregrine Falcon to deliver the letter to me with scones and a cup of tea from the Ritz !!!

 

I did a rough check of my charges over the last 6 years and its around £3k, mostly when I was a student and most of that was not for honouring DDs at all.

 

Good to know that the High Court decision hasn't ruled out the unfairness of the charges so fingers crossed.

Share this post


Link to post
Share on other sites

I've noticed recently that the Allience & Leicester have been paying some of my Standing Orders, even though I did not have the money in the account to cover them, charging me £25 a pop.


 
 

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

Share this post


Link to post
Share on other sites

im sure the banks will start backing off when new templates come in 2 play..... they dont like it up em

Share this post


Link to post
Share on other sites

hi hot head

 

first thing i would do is cancel your direct debits and standing orders

 

then u cannot be charged, the whole thing about banks and mortages crads etc wanting you to pay be DD is cost saving and charge based.

 

I pay all my bills when i want within a few weeks over the phone or by internet banking all except TV licence, ive saved alot of money and whenever i see my bank manager he asks why i dont use the DD facility.

 

To expensive i say :) and in truth just one DD bounce a month means over £300 of fees a year.

 

Plus if u bounce both ends u get two charges one from each side of the DD.

 

So its not a viable option , net banking means its no longer needed

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...