H.O.L Test case appeal. Judgement Declared. ***See Announcements***

[rdm2006]

is there a time limit when their appeal has to be in by - will we get to know what they are doing today or will we have to wait until tomorrow?

[rdm2006]

now there is a bit of irony.

 

Start with the nationwide

and

 

All move to the Co-Operative bank

I wonder how many people know that the Nationwide started its life as "The Co-operative Building Society" but was "removed/asked to leave" the Co-Operative movement as it did not use the Co-operative bank as its main bank.

 

off topic i know and useless info but ironic all the same.

 

Ill be nipping in to the co-op bank in the morning

[rdm2006]

There are moves afoot to allow CU's to handle outgoing DD's together with other functions normally the preserve of the banks

 

If that does happen it will probably lead to a mass exodus from the banks to the CU's & no bad thing too

 

 

perhaps cag should start a credit union

[rdm2006]

I disagree about the MP's yes many are shysters but there are some including senior ones who are interested in our plight. This is particularly true now as banks are no longer flavour of the month & there is so much uncertainty in many of their constituencies they need every vote

 

Also a face to face meeting is a lot more potent than a letter or an email

 

Perhaps we should write to each leader and promise our votes to the first party to put the banks in their place:cool:

[rdm2006]

Dave I assume you mean my post & if so you'll be pleased to note it's already happening:D

 

http://www.leedscitycreditunion.co.uk/content.asp?section=150

 

 

there is also one starting up in north staffs later this year (nscu - Home)

[rdm2006]

Dave - Should we create a thread in each bank forum Ill do HSBC

[rdm2006]

I am almost giddy with excitement.

 

Seriously, I am.

 

This is fantastic.

 

Does anyone know where a list of credit unions is?

 

found mine by typing "mycity credit union" in the search engine

[rdm2006]

OK, we're getting really off-topic here. Perhaps we should start a new thread and let this one get back to where it should be.

 

I like the idea of a CAG credit union, but seriously, I (and most of us) barely have time to be here as it is at the moment let alone administer something like that.

 

perhaps an agreement with an existing credit union could be reached with cag getting a donation for each account opened???

[rdm2006]

A professional organisation has a professional workforce.

 

If CAG set up a Credit Union...even by proxy

Methinks peeps would expect it to be administered by a fully accountable FULL TIME employed professional person/people...

 

 

...

 

Killjoy LOL

[rdm2006]

right back to reality!

 

Should we post a "vote with your feet" thread in each banks forum???

Edited May 22, 2008 by rdm2006

[rdm2006]

Sounds like a plan, but be aware that this is just my opinion - CAG probably won't endorse it.

 

Should we ask BF ? It would be nice to have CAG backing (and this would make a very good news item should CAG pass this onto the press) now that would raise a few eyebrows in the banking industry no doubt

[rdm2006]

and i agree with dave on this one. Shift the balance of power from the big 4 (or all 8 of them) and someone will soon sit up and listen

[rdm2006]

and all those not hit by charges will not move, in other words they wil keep the customers they want and find a sneaky way of charging them instead

 

and these people will soon get fed up and move also (hopefully)

[rdm2006]

Think about it - if lots of penalty charge paying people up and move from bank A to another bank then bank A will have to introduce fee paying for its remaining customers (or that is what they will have us believe). These customers will see that other banks do not charge those fees and will move also.

 

Bank A then decide "we have to do something about this" and introduce fairer charges and we all move back and the other banks will follow

[rdm2006]

Must have been the threat that we would all move to the co-op lol:D

 

The rest will probably follow now (Thats what leamings do )

Edited May 29, 2008 by rdm2006

[rdm2006]

Barclays says it has been able to reduce its charges as a result of breakthroughs in its handling systems, with a far greater automated service.

 

Of course these systems have been there for some time. So it looks like a war for customers and about time too:D

[rdm2006]

Looks like it has had a change of heart on this one. But lets wait and see

[rdm2006]

A war to attract consumers who have defaulted & if they do it again only want to pay £8? Don't think so do you. No I'll be just a little more circumspect until I find out what they are really up-to

 

 

Perhaps they think the oft case will not go their way and have done this as they think it will look good on them. But like i said in the following post -lets wait and see.

[rdm2006]

I have to go into town later so i will nip in to barclays and see if they have any leaflets on it. If it is true then i see this as a victory for CAG and sites like it.

 

Also (although it is like clutching at straws) it is nice to have a little hope

[rdm2006]

I can live in hope (might die in despair) but i can live in hope and lets face it that this site was set up in the hope that things could be changed. Well maybe (and as yet it is only maybe) you succeeded.

[rdm2006]

Everyone deserves a second chance - but with banks, I think the trust will have to be earned again, and it will take a very long time.

 

 

Hey slow down a bit - even if this new charging is true. There is no way i will trust them i will be checking every item on my statements as i always have

[rdm2006]

£8 is still NOT a true reflection of Banks processing costs.

This smokescreen is just another pathetically feeble attempt to defer the inevitable...

 

The Law is the Law.

...There is NO victory until the Banks are made to realise that they are NOT above it...

 

 

...

 

But Forcing a change (if it is true) is a victory - may not be the one which was aimed for but it is a step in the right direction.

[rdm2006]

Hiya crusher how are ya matey ?

[rdm2006]

Hello RDM me 'ol cocker.

 

I had a sneaky idea that this would happen.

 

All it would take is one bank to break ranks, and try and grab customers.

There is nothing about admitting being wrong about this, its all down to money/profits.

 

Yea I kinda expected it too. perhaps a Barclays attempt to move up a rank as i think it may have fallen a place or two from its former position.

[rdm2006]

Wonder how long it will be before others follow suit:D