Supreme court rules

[Sunshine54]

HI

 

I've only read the brief note on the BBC news website so I don't understand why they reached this verdict

 

One thing I do know is that my claim against Barclays for unfair charges will now be rejected (which leaves me with an overdraft to battle against )

 

hey ho. I can't give them what I don't have.

 

I'll be watching with interest (no pun intended)

[Sunshine54]

another question then - where there are cases before the court where part of the defence is that there are unfair charges included in the balance - what's the impact of this judgement?

[Sunshine54]

Peter - I like your style!

 

In a lot of cases this is actually all that we can do.

 

I have an overdraft of £2k and charges/interest account for £1900 of that sum so it's been on hold for months awaiting the outcome today.

 

I can't afford to repay the amount so will have to fight.

 

The charges ARE unfair and we need to shout that from the rooftops (and the courtrooms)

[Sunshine54]

let the Guests read and learn

 

This is the most influential consumer group in the country and we need to make sure that we exert that influence as strongly as we can.

 

The charges are unfair - FACT

Most banks have reduced their charges as they acknowledge this - FACT

This judgement does not contradict this - FACT

 

As Peter said, a million cases on hold. lets get them moving and create a groundswell that can't be ignored.

Edited November 25, 2009 by Sunshine54
typo

[Sunshine54]

hi Bobsp

 

isn't that the point though? you are now paying £8 where it would have previously been much higher. That's because the inflated charges were unfair

[Sunshine54]

hi Bob

 

I agree with you to some extent about personal responsibility but I believe that there are real life, practical reasons why many people (myself included) can't be as controlled about their actual bank balance. For this reason I do use cash as much as possible and also check my balance on line almost daily.

 

I would much prefer a system where I can try to use my debit card (for convenience) and have it declined if I've not got enough money in the account rather than be penalised for them authorising me to spend more than I've got at that moment.

 

The issue of debits going out of an account before credits go in is a case in point. Despite checking with the bank beforehand my son found himself incurring £50 charges due to the process followed by the bank. Why on earth would they not apply credits to an account before the debits if they are all transactions for the same day? It seems to be nothing more than a money making exercise.

[Sunshine54]

missed him doh!!

 

what did he say?