Support for all bank charge reclaimers in the Indie today

[DollyDayDream]

I couldn't believe my eyes when I picked up The Independent from the mat this morning. A front page spread, an article on pages 2 and 3, the main leader and an article in the financial section, all on the subject of unfair bank charges and supporting the right of customers to challenge the banks over this. The financial article mocks the idea of ending free banking in view of the record profits Barclays are expected to announce today. It also says that the OFT has 'already judges such charges to be ILLEGAL' - not just unlawful. Is that as significant as I think it could be? It certainly seems very encouraging to us all to keep going for the return of OUR money!!

 

DDD.

[roboraver]

Tell me about it DollyDayDream, I nearly had a heart attack on the train ! It's was so funny as the normal shoulder surfers that read over your shoulder could not belive it ! Obviously I mentioned to them about this site and then discussed my own current claim, it put a smile on everyone's face ! Even the Ipod / headphone group stopped playing there music to Listen in !!

[DollyDayDream]

I'm retired now, so I just took the paper back to bed with a cuppa and enjoyed the news. When I filed my papers at the court last week I managed to tell the girl who dealt with them about CAG. She was gobsmacked that it was possible to get money back from the banks. They obviously don't have time to read through what they are processing - perhaps because we are keeping them so busy!!

[paulrockliffe]

I was under the impression that the charges were unlawful, not Illegal as the independent has reported. Can someone confirm either way, to satisfy my curiosity? Ta.

[DollyDayDream]

It looks like a bandwaggon effect is happening now. Today it's the front page, page2, page 33, page 36 and page 39. Then there were mentions on TV and radio news as well as Watchdog and so on. Last night a further 20,000 people downloaded the template letters, so they won't know what's hit them. I imagine it will slow the process - or maybe they'll throw in the towel and meekly give us our money back?!!

DDD.

[Todge]

20,000 "Give me my charges back" letters on their way shortly?

 

I can see the response being 20,000 standard 'bog off' letters. Sent at the end of the response deadline, of course.

 

Some will drop away, some will persevere with S.A.R - (Subject Access Request)'s if need be. Cue another 40-day delay. Those who persevere (or already have statements), and continue with the 14-day LBA, then MCOL/N1 will prompt a serious response from the Courts at the Allocation stage. Something will hit the fan at that point, I think.

 

I get the impression that the banks are hanging on desperately for the OFT to recommend a 'fair charge', so that their lawyers can counter-offer intelligently. 20,000 at an average of £1,000 is £20 Million ...

 

For those of us fortunate enough to already have cases lodged, I'm hoping that this prompts a few sensible, early offers.

 

But then again, I always was naive!

 

;-)

[Going My Way]

I was under the impression that the charges were unlawful, not Illegal as the independent has reported. Can someone confirm either way, to satisfy my curiosity? Ta.

 

HI PAULROCKLIFFE. According to Collins Gem mini dictionary eleventh issue 2003. Unlawful means: Not allowed by law.

Illegal means : Against the law. Very confusing:confused:

[Thailand]

 

 

HI PAULROCKLIFFE. According to Collins Gem mini dictionary eleventh issue 2003. Unlawful means: Not allowed by law.

Illegal means : Against the law. Very confusing:confused:

 

Unlawful is basically 'against the spirit of the law'.

 

Banks are acting unlawfully as we are proving by them paying up every time. Not precedent has been set so they are not acting Illegally...... maybe one day that will change!

 

The paper shouldn't really have used the term 'illegal', but they are not the first to do it - The Money Programme' recently said it too....

[Going My Way]

Unlawful is basically 'against the spirit of the law'.

Banks are acting unlawfully as we are proving by them paying up every time. Not precedent has been set so they are not acting Illegally...... maybe one day that will change!

The paper shouldn't really have used the term 'illegal', but they are not the first to do it - The Money Programme' recently said it too....

Thanks for clearing that up Thailand but what the banks have done for years in my own small opinion is Legal Robbery. Lets hope the wind has changed for the better now.

[Thailand]

I quite agree. Careful on the libel though;)