OFT ruling

[mortuk2k]

Got sent this link today;

 

http://www.oft.gov.uk/News/Press+releases/2006/68-06.htm

 

 

Also;

 

http://money.guardian.co.uk/creditanddebt/creditcards/story/0,,1747820,00.html

 

 

Jumped up and down when I read it, but being part way through a claim I'm now wondering how it will affect my claim.

[Robertxc]

I don't think it will affect your claim. The bnks have until the end of May to respond, so nothing is likely to be set in stone until some time after that (end of the year?). In any case, regardless of what the OFT says, the bnk will still have to go to court to actually prove how much their charges really cost them - something which I'm sure they'll be reluctnt to do.

[BankFodder]

I think that it can affect the claim very much. I think that the banks now realise that the principle of your claim is now supported at an official level.

 

I think now that it is much more likely that banks will back down. I wil be modifying the template letters to refer to the OFT statement.

 

Also I now see a possible way to overcome the 6 year rule and to claim back indefinitely.

 

Anyone with charges going back more than 6 years please let me know.

I will post a sticky for this in theis forum

[Spiceskull]

Also I now see a possible way to overcome the 6 year rule and to claim back indefinitely.

This also occurred to me last night. Will see if I can dig out some old statements and copy them through.

[Bookworm]

Also I now see a possible way to overcome the 6 year rule and to claim back indefinitely.

Anyone with charges going back more than 6 years please let me know.

I will post a sticky for this in theis forum

 

Natwest, please, Sir. I actually came across some ancient statements when rummaging for something else and the charges are HORRIFIC.

[gumbodave]

I took a payment from Barclays for £330 before I had filed a court action and signed something that said I would not pursure the matter further. This related to charges in the last six years. If I went back further I am quite sure there would over a grand's worth of charges from my student days. Does anyone think that what I signed would stop me pursuing the other charges? I will have to look at the exact wording, but might have to have a go at the rest of the charges if it turns out to be possible. Any thoughts?

[lee6370]

Can't comment on going back more than 6 years, I've not read enough of it yet, but as far as anything you've signed, there is nothing to stop you making a claim regardless of what you have signed, you have legal rights and you can't sign them away.

[gumbodave]

cool. cheers.

[mortuk2k]

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