I GOT A CHEQUE TODAY FOR 6,745 QUID
and it didnt cost me a penny,everyone should do this,the banks will soon catch on and cap this
get back all those bank charges and those 35 pound letters etc,late payment charges on credit cards etc
fill the form in and send it off its free and it works 2 others in my work place have been payed out too one got 700 pound and one got 3000 pounds
they go back 6 years for the charges so chances are youll get something back
link
sounds good but what is the catch
unless you've never had a bank charge!
Basically Gov. recently said "oi, banks, you're ripping people off" and the banks are quietly refunding a % (i believe usually pretty
much everything) from the last 6 years. I think the hope is that less people will write the letter than they'd have to pay out if it was made
compulsive by the gov.
quote:
Originally posted by ricklawn
sounds good but what is the catch
sorry for sounding dim, but if you was in an overdraft situation, then you wouldn't have had any money to get intrest on. and they can't t take away future intrest can they
like he says they get the interest
i had no idea id been charged that much on late payments etc
it worked for me so id thought id pass it on
just think of what you could buy for your cars
or you can do nothing and get nothing
'Kinell Mr Rizla - have you paid that in charges already ??
We go ballistic if they ever try and charge us for the odd item that slips through !!
I took an overdraft to get married and that was the last !!!
Seem to remember the bank dude phoning me up after the month was up asking when Iwould pay and fortunately I had the money in my pay packet!!
Is anyone else going to do it??
I would be a bit reluctant to send my bank details.....
quote:
Originally posted by Danozeman
Is anyone else going to do it??
I would be a bit reluctant to send my bank details.....
i have got an old account that i dont use anymore only a few quid in it. used to have an overdraft so will give it a go. nothing to lose with that bank
A few friends have done this and got there moneys back, only trouble is the bank closed all there acounts. i think its great if your poor with money
as u gain, but like any greedy company they will just get there money back another way. they have already talked about charging for standard accounts
unless u have a steady £2000 balance. how many people have that money lying about.
I hate banks
I think its great if u have had loads of charges to now be able to get your moneys back.
i think it bad for me as i will be penalised in the future for never going into the red 
Moorron is right
claim more than a few late payment funds back
and youll upset the bank
1, theyll close your account and anything to do with the account
then that means theyll want anything paying off ie overdrafts etc
youve also got to open another account elsewhere
well ive got no overdraft, so i have no worry about my bank account, but one good thing is i have a letter from my bank asking me if i have any
problems with them in the future to speak to them first
i hate banks and if i can get anything out of them then im happy
ps going to florida now this year
your ok if you dont have a loan or overdraft with them but theyll still close your account most likely
I'm in the process of doing this myself via the consumer action group forums advice.
Just sent off for my bank records from halifax, they pissed me off one to many times with the way they invoked charges in a sneaky way. eg 2 payments
are due on the same day... they would always ensure the largest would come out first putting me over my overdraft and charging me thirty odd quid,
then the next that might only be 2 or 3 quid they take out consecutevly and charge me another thirty odd quid followed by a fee for going a set limit
over my overdraft.
more info here:
http://www.locostbuilders.co.uk/viewthread.php?tid=54076
i wouldnt dream of sending bank details via that link, it would be no suprise if scammers got in on the act and fooled people into giving their
details.
My other half is in the process of claiming back all her charges and she has just received a letter from the bank saying that she had signed the
agreement that stated that she had understood the terms and conditions and any further action will result in the bank making a counter claim against
her to recover all costs incurred to them as a result of the claim!! The letter was hand signed my a bloke with a name and an extension number from
the local branch!!
Should we call his bluff??
This should help 
yes
quote:
Originally posted by owelly
My other half is in the process of claiming back all her charges and she has just received a letter from the bank saying that she had signed the agreement that stated that she had understood the terms and conditions and any further action will result in the bank making a counter claim against her to recover all costs incurred to them as a result of the claim!! The letter was hand signed my a bloke with a name and an extension number from the local branch!!
Should we call his bluff??
good link, ivew cut n pasted the interesting biy
Isn’t it in the terms and conditions though?
Of course when you got the bank account there were terms and conditions (though most don’t read them). Yet that’s irrelevant; a contract must be
written within the law, and they can’t enforce a contract with legally unfair terms. Ultimately if it isn't proportionate then it's
unlawful, and thus you've a right to your money back.
i would not only call there bluff, but send a snotty leter back suggesting they are perverting the course of justice and any more letter with the same
content will b passed onto your solicitor. lol
i hate banks
Look up the Radio4 money programme, the've talked about this quite a lot.
But as said, you don't need to go through an agency AFAIK.
Cheers for the heads up!
James
[Edited on 23/1/07 by James]
well i sent my forms off to the agent in that link this morning im rubbish with money "spend spend spend untill it runs out then spend some more
get charge wait till i get paid then start again" so......... i could be a millionaire soon lol
how long does this process take ? and has anyone done it with hsbc ? are they likely to tell me to fuf off and find another bank ? i also hate banks
they cost me a fortune 
Folks,
bit of a contentious idea here.........
what ever money you get, use it to pay off your debts, then if their is any left over, put it aside for when you get hit by an un-expected bill.
Please correct me if i'm wrong, but the only reason the banks have levied these charges is because you have spent more money than you have. If
you don't go over into debt or go over your overdraft then the bank can't charge you.
If you hate banks so much, take your money out and put it under your bed / in a house safe. No one makes you leave your money in them. Sure the banks
could alter how they take your money out so you don't get charged this / that or the other ........ why should they? they are a business? The
sole reason they exist is to MAKE MONEY. How would you like your employer to start saying "Sorry lads, can't pay you this month, that
customer we've got, we realised if we don't charge him this month (and therefore don't pay you) then his cashflow will be a lot better
and ......"
Rant over.
Sent mine off a week ago.. how long does the process take?
well mike, i appreciate what you are saying, but money is geared against people who are skint. Fines and penalties are good for ensuring people try
not to miss payments, but once you are skint, it like getting kicked in the teeth. Rich people who can afford good accountants save more money through
legal tax dodging, and poor people just get fooked over with penalties etc, and im afraid to me thats just not fair. Banks should be funded fairly by
the whole spectrum of customers, not just those that they can victimise.
And let be honest, not using a bank isnt a real option due to the number of things that require you to have a bank, ie your job. Plus with no bank
your credit rating is shafted.
Ive been rich and ive been broke, fortunately im happily in the middle now, but i feel for people who are getting shafted by banks just for being
skint. Its not right.
But this is the whole point,
"money is geared against people who are skint. Fines and penalties are good for ensuring people try not to miss payments, but once you are skint,
it like getting kicked in the teeth"
I'm in the lucky position that i've been able to manage my money so far (from being a skint student to now). The issue is, once you are
skint, you stop spending. You live within your means. It frustrates me that i've seen people who say "i've got no money" who then
go out and get drunk friday / saturday. If you've "got no money" stay in the house & don't spend it, find a second job .......
i'm only speaking from what i've seen but the people i know seem to expect life to be gifted them on a plate & when its not complain
that its not fair. I'm amazed that people expect banks to give you money when you have none in your account. Do these people expect random
strangers to give them money because their pockets are empty? What about random companies? I've spent a fair bit with ASDA, perhaps i should
expect them to give me free food once in a while.
I got to the point i let someone stay with me for a while to save money. All he did was spend more & carried on complaining about being skint.
What really got to me was when he changed his car "cause he wanted something with a bit of status". Instead of buying a 5 year old reliable
runaround, he got a 3 year old BMW. I'm not going to explain his situation anymore, but it was ENTIRELY of his own making.
My other half changed bank accounts and was under the impression that all the direct debits/standing orders had been transferred to her new accont.
When we returned from holiday, she had a letter telling her that she had gone overdrawn and that for EACH unpaid DD/SO, she would be charged £25 PER
DAY!!
By the time we got back off out holidays, she hadover £900 worth of charges and then a further £30 per day for the unauthorised overdraft.
All this for someone who had just had our first child so was on basic maternity pay and all my wages go to paying the bills. The reason for the mix-up
on the DD/SO was entirely due to the bank failing to provide the new bank with the details.