Dealing with debt leaflet, from the British Bankers Association.

[diskmandave]

Dealing with debt leaflet, from the British Bankers Association.

 

I was sent this with a letter some time ago and just come across it again now so thought would scan and post for the newer members around here!

 

 

[diskmandave]

 

 

[diskmandave]

 

 

[The Phantom]

HSBC sends something similar with every letter advising they bounced a cheque or returned a DD

They call their little booklet "Putting your finances in order". 21 pages of good advice from a leading bank. It starts with the "common sense approach" on page 2

[PriorityOne]

Patronising brown stuff... illustrated with cartoons because naturally, we are so childish in managing our finances, aren't we ?

[The Phantom]

Someone always takes large chunks of money out of my account, calling it a fee and running off with it.

My common sense approach to this would be to stop the thief but the authorities have now said it is OK for the time being

[Curlyben]

Thanks for the laugh there Dave.

[rory32]

A highly informative and worthwhile booklet

 

Anyone who has been in financial difficulties will realise that the banks are there to help...themselves.

[vandermerwe]

As indeed they do, Rory. Ahem, £150 "arrangement fees" this month Van because (I assume) I guaranteed a couple of cheques.

 

Straight out of my state benefits.

 

Also a three page computer generated letter written virtually verbatim from the "code".

 

I phoned one of their sources of advice and was told 'open a parachute account and sue them for their penalty charges'

 

That didn't need a nanny booklet.

 

Vandermerwe

[The Phantom]

I am in dire straits again because of these bl**dy charges , too. Have been charged so far in excess of £200.- in a few months (usual snowball effect everybody knows), I am on a very tight budget and once they grab their charges I am left with not enough to pay oustanding things like childcare, they have last week now bounced my cheque to my childminder, the mortgage and a DD, that's £75.- in charges plus £25.- for going overdrawn, there is another £100.- I have to find in addition to pay the arrears. It is just impossible

Luckily HSBC sends a letter telling you the total amount in charges you managed to rack up and when they will take it

Just before that date I will now remove all the money left in the account, move it to the parachute a/c and some onto my cashplus card , let them charge the charges, make the account o/d, let them sue me and I will then counterclaim. Saves me the court costs

I am so annoyed:mad:

[cerberusalert]

Shouldn't the BBA change their name to the BWA?

[The Phantom]

[make them aktiv runners]

"may pass the debt to a RELIABLE debt collecting Agency"

 

Well that sentence rules a lot out, any DCA's left? Funny it does not mention selling either.