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Check out the Money Programme

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Hi all.


Finally at the Money Claim online stage. First Direct have acknowledged the claim and am waiting to see their defence.


In the meantime, preparing court bundle. Missed Tuesday's Money Programme on bank charges, but lots of useful info here including BBC 'experts' estimation of actual costs to banks of default charges - useful to argue case that as a penalty charges of £30+ are unlawful:


The Money Programme: Bank Robbery! - BBC2, 2200 UK time, Tuesday, 12 December.


BBC NEWS | Business | Are penalty charges bank robbery?

BBC NEWS | Business | The Money Programme bank commission




£3047 charges

£648.45 interest @ 8%

£120 court costs

TOTAL: £3815.45, SETTLED IN FULL 19/01/2007

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Stephen Welcome to the site.

You should now start your own thread in your bank group.

I did not see the programme either but up to now we have not had to rely on the BBC to win cases......the banks themselves know they are over the top.

They just dont like to openly admit it !!:)

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.



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