Thetownend.com

Having read several articles regarding Banks over charging on there fees etc i took a look into it www.penaltycharges.co.uk

and have found out i can claim back money wich Barclays have unlawfully taken from me for the last 6 years.

They charge me up to a maximum of £90 (3 x £30 max) each month for going over my overdraft when really they are only allowed to claim £7.50 (3 x £2.50 max)

spread this over the 6 years, they owe me a shit load + interest.

so i'm gonna start the ball rolling and see what happens

i'm in the same position fella, my dad sent me a website the other day full of tips to help you get the money back, i'll dig it out in a bit...

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1141050760,24632, have a gander through that fella. should be of help

i've always argued with Barclays that how is adding £90 to my account gonna help me?

quite a few times they have charged me £90 when in total over 3 seperate occasions i've only gone over my overdraft by £20.

i'll get the fuckers :twisted:

I have looked into this also, I have had terrible problems with debt and my bloody bank.  I get so mad, but I haven't the bottle to go through with it I don't think. Although I know that I should!  cunts.

do it birdy.

i've just signed my DPA letter to request 6 years of bank statements.
costs me £10 for this but apparently you can claim it back also.

if they don't settle before you summon a court hearing you can add 8% interest to this aswell.

it takes a while but will be well worth getting a few £k back in my bank.

do it do it do it. My mate has just claimed back more than £2,000 from charges incurrred over the last six years.

do you know how long it took from start to finish??

not long at all. He had his initial letter rebuffed, but then took them to a small claims court. It cost about 70 quid but he got that back too. Took about a month. He's doing mine for me, reckon I'm owed about 600 quid, which would come in handy in Jan!

looking back at mine i have a feeling i'm owed 3 years @ £90pm
spread over the 6 years.

will come in handy if i'm right

Hahahahaha Im am going to make a mint off of Abbey! :mrgreen:

i got £3500 from hsbc last week... claim took 2 months all in

this issue doesn't effect me but people have nothing to lose by making a claim.go for it and give the fat cat banks a bloody nose

Ask for the full Subject Access Request. It's still £10, which is legally the maximum they can charge. State you want all information they hold on file for you.

Once you've calculated the amount you are owed, state you want them to justify the charges in a letter. Then take them to court.

If the bank does end up in court and they some how manage to explain their charges, this will open the flood gates to claims, hence the out of court settlements and paying what is asked without arguement.

They merely play delay tactics, they will always pay out in full, as no bank will ever attempt to justify their charges.

But you probably know this now.

I reckon i must be owed abit from a few years back when i went overdrawn quite alot.

I went over my overdraft loads when I was a student. Mainly because I was ace.

i always pay me credit card bill on time - last month, becasue i moved house, i had quite a large balance, but I had the cash to pay for it. I waited and waited for a statement, but didn't get one and in the end took a guess and paid off the balance. It turns out I missed the deadline by 2 days but luckily guessed about right (+2quid !) so i didn't get charged interest - they still wacked a 12 quid late payment charge on though - I wouldn't be at all surprised if they deliberately did that just becasue they never make any money out of me...

i dont have this problem myself but there was a story on the BBC website yesterday about this and they provide pdf files of already professionally scripted letters to send to your banks for you so you dont have to know the legal jargon or do any hard work.....just calculate what you have lost and send their letter with your name and details!!

Looked ace I thought, well done BBC for being so kind! :D

http://news.bbc.co.uk/1/hi/in_depth/business/money_programme/

Think that's what you are on about. They had a programme on BBC2 last night i think about it.

fuck off you peasants - that's my bonus gone

ahmen

 :wanker:  :wink:

I posted a registered letter to my bank today claiming £5,486 in illegal bank charges over the last six years.

I will let you know.

NB if I get it all I will spend it on:

- a new bathroom
- paying off my good lady's credit cards
- getting a MiG welder and putting my eldest daughter's (proper) Mini on the road before she passes her test
- a proper long lens for Sonic

That is all

Talk Talk shout before you chuck in a bathroom, will point you in right direction if you need contacts

this is all bollocks

if you don't like charges stop spending the banks money and work harder you thieving cunts.

it's not hard, i spend no more than i earn and thus i have no monetary issues.

You also live at home and have no need to face teh real world   :D

you're wrong on both counts so what's point?

seriously. overdraft= bank agrees to give you X amount extra. if you then spend more than that than whose fault is it?

i spend 1,100 a month and this is slightly under what i take home after tax. fuck, if me, an 18 y/o pisshead can budget better than you lot then thats your problem

I doubt many can live on that if they have a mortgage

hence, you get an overdraft. not an overdraft and a bit extra at the banks expense.

it's like saying i couldn't be arsed to buy a parking ticket but why should i get the fine? err, because it's the law and on your contract in balck and white?

you live to your means though, if you earn £1100pm then you wouldn't get a mortgage

dave_m_russell...he's on the internet, he's here to argue and everyone must know his opinions!

i know, that's why i rent.

that's thw whole point.

"you live to your means" simply shows i'm right!

dave_m_russell, moved out and fully employed despite you having a 2 year head start  8)

It's also the law that bank charges should represent a fair penalty (a proportion of the amount for example). It's often that they are not and so this is the issue. It isn't that people have gone over their limits as such.

you're the accountant and i agree.

it's when people so blow money they don't have that annoys me, and thats my point. i can ahrdly afford to keep myself going and then people like me end up copping it for spendthrifts.

surely you can understand that?

why do you end up copping it?

I'm going to have a bash at this. Pretty careful with money so only about £100 for me.

My mum though is owed about £500 and my dad £700 so I'm going to start the process with them.

Power to the people!

i'd wager i do somehow  :D

interest rates fuck me on both my savings and my rent but i'm sure thats so the banks make sure they make their dough back off overspenders

ash & si, i need some property and financial advise

a two year head start during which i was ill, yeah.

the crux of the issue is that the banks charge a fixed amount whether you go 10p over drawn or £100, the law states that they're only supposed charge an amount which covers their costs.

shoot, but I wouldnt take you on as a client as youd piss me off, go for it though

cheers ash

question 1, can i borrow 5 grand?

depends on your credit rating but what is it for how long do you need it, to be fair 5k isnt hard to borrow

how do i find out my credit rating?

and if it's easy to borrow you can fork up later...

it's for a 3 month period to buy a new car

3 montsh then in that case make sure there are no penalties, if its only 3 montsh why not just wait

because i can't save, any free money i ahve gets pissed away

so how will you pay it off in 3 months

gambling

oh my fucking word you are more stupid than you look,  :shock:

agreed, sorry ash this was probably too much for both of us

how much for 6 lines of charlie

ha ha, um to you about £20

BBut I really dont sell or do drugs

how big are these lines :D

too quick to clarify... an admission of guilt...?

i'm going to bed to sober up for golf

if i've caused anyone offense then sorry 8)

ha yeovil you big kid, dave I never take you seriously dont worry

Why on earth has a thread about bank charges suddenly become a thread about how much charlie you can stick up your noise?

The bank of england will be happy

Millom

Well most notes have been used for that....

Dave, stick to smack £20 for 6 lines is no good. What's wrong with gambling anyway.