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Why have the banks increasedpayments on mortgage repayments


Angry Landlady
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As to the reason why - the banks have been forking out lots of refunds for mis selling of products - on top of which, they have paid out lots of bonuses - on top of which - they have just discovered that lending to other countries was not such a good idea after all so they are going to be left with a few BIG debts.

 

There is only one person they can recoup the losses which were mainly due to their own greed and that is by targetting the long suffering British taxpayer.. again!!

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Uploading documents to CAG ** Instructions **

 

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

 

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

 

 

BCOBS

 

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

 

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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Can we not do something about this? Surely we cannot sit back and let them do this to us again after bailing them out so many times?

 

Do not hope the P.M. etc will help,

:mad2::-x:jaw::sad:
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I think there is also the case that everyone hates the banks and everything they stand for so they have decided to take advantage of that - they ain't got anything to loose now.

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We know they have contempt or at least the bosses do, they haven't curtailed their fat bonuses even though the profit/loss figures they are releasing are showing them to be making a loss.

 

I don't know why the government is proping up a private company, they let Woolies go broke with the consequential job losses for the sake of a few bob in comparison

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