Jump to content


Michael Browne

Sunday Times 'Greedy Banks'

style="text-align:center;"> Please note that this topic has not had any new posts for the last 4378 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

Good article in todays ST, although misses the point about people actually claiming all their money back. Nevertheless useful point from Credit Suisse reads

 

"The banks boast that they offer everything free if customers stay in credit, but they penalise customers who make the slightest slip.

These penalty fees generate big profits for the banks. Investment bank Credit Suisse has estimated that UK high-street banks generate about £1 billion of annual profits from penalty charges across bank accounts and credit cards"

 

Didn't the banks claim thier charges are merely to cover thier costs? Yeah, right!

 

 

www.timesonline.co.uk/newspaper/0,,176-2168097,00.html

Share this post


Link to post
Share on other sites

Good article - and the bit that got me was the interest - the 8% APR we will be claiming in court pales into insignificance against the banks' own rates:

Lloyds TSB charges up to £90 a month if you unwittingly exceed your overdraft limit, and charges a punitive 29.8% interest on top.

Alecto, Magaera et Tisiphone: Nemesis on Earth is come.

 

All advice and opinions given by Spiceskull are personal, and are not endorsed by Consumer Action Group or Bank Action Group. 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.

Share this post


Link to post
Share on other sites

'Joanna Elson at the British Bankers’ Association disputes claims that customers are dissatisfied. “We are not complacent, but we think customers get a very good deal,” she said.'

 

Black's white, it don't rain in indianapolis in the summer time and 'I did not have sexual relations with that woman'.....

Share this post


Link to post
Share on other sites

Joanna Elson is a robot - she spouts the same proscribed drivel at every opportunity...


Alecto, Magaera et Tisiphone: Nemesis on Earth is come.

 

All advice and opinions given by Spiceskull are personal, and are not endorsed by Consumer Action Group or Bank Action Group. 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.

Share this post


Link to post
Share on other sites
Joanna Elson is a robot - she spouts the same proscribed drivel at every opportunity...

 

 

Its all S***e whatever comes out of her mouth.Perhaps we could see what she has to say to all of us?

Joanna Elson, Executive Director (020 7216 8849 )

Brian Capon, Head of Media Relations (020 7216 8810 )

Share this post


Link to post
Share on other sites
Its all S***e whatever comes out of her mouth.Perhaps we could see what she has to say to all of us?

Joanna Elson, Executive Director (020 7216 8849 )

Brian Capon, Head of Media Relations (020 7216 8810 )

I emailed her when she responded to the OFT statement last month - haven't heard diddley-squat.

Alecto, Magaera et Tisiphone: Nemesis on Earth is come.

 

All advice and opinions given by Spiceskull are personal, and are not endorsed by Consumer Action Group or Bank Action Group. 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.

Share this post


Link to post
Share on other sites
Good article in todays ST, although misses the point about people actually claiming all their money back ............

This is the same with most (all?) national papers. They are happy to run articles on the subject and publish comments from the banks, but none of them seem willing to tell their readers that hundreds of people are actually getting their money back. And they rarely, if ever, mention this site - yet they all know about it because members have told them! What's their problem?

 

Some of them are quite happy to mention the Which? campaign though. We perhaps shouldn't knock Which?, as they seem to be on the same side as us, but the advice on their site does seem a bit iffy !

Share this post


Link to post
Share on other sites

This topic was closed on 09 March 2019.

If you have a problem which is similar to the issues raised in this topic, then please start a new thread and you will get help and support there.

If you would like to post up some information which is relevant to this particular topic then please flag the issue up to the site team and the thread will be reopened.

- Consumer Action Group

Share this post


Link to post
Share on other sites
style="text-align:center;"> Please note that this topic has not had any new posts for the last 4378 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
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...