Barclays customer wins freeze on charges!

[TECHSPEC]

Barclays Bank have been told that they cannot add any more charges to a claimant while the OFT case goes on.

 

http://news.bbc.co.uk/1/hi/business/6960358.stm

 

The tide is turning folks, and although it does not set any presedence, it must help our case to get a fairer deal with the dodgey waiver.

[crfx250]

So there is a god..

[bsia666]

Great news, was it a Cag member??

[kennythecelt]

Spread the word.

 

If we could get a few more judgements like that at cases going to court!!!

[Deso]

At last, a Judge with common sense. If only the FSA and FOS could share this view. Consumer protection my ar*e.

[kog]

Its evidence the the FSA Conspiracy is a reality. The judge has seen the imbalance and set it right.

 

Good result. I will be questiuoning the FSA on the case to see what their view is.

[monkeymax]

Doesn't this just mean that if banks win they can back date all frozen charges? even if they don't and they are told to reduce them to, say the same as credit cards, a standard £12. This could result in a sudden bill of hundreds. If the OFT case takes years as it seems it might then we could be in a lot of trouble at the end.

 

Or is that me just worrying again?

[TECHSPEC]

Hows that worse than them constantly taking money from your account, sending you further overdrawn, and resulting in more charges.

 

This is taken from the money you need to live on, and means you can't pay other bils - resulting in yet more charges, and more debt.

 

At least this way, there is a chance the charges will be deemed unlawful. If not, they will almost certainly be greatly reduced.

 

As the test case approaches, you can change banks, or get your money out. Then, if we lose, you can make an agreed AFFORDABLE monthly payment plan, something which is not an option now. By the time you see your charges, the money as already been taken, whether you can afford it or not.

 

The waiver has given banks breathing space, and a chance to take stock. Its only fair that the consumer gets the same.