Deleted
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January 1970
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Money Saving Expert, by Deleted on Oct 4, 2007 14:21:44 GMT 1, I am sure some people probably know of this already. If you have ever been charged by your bank for going over your overdraft, then there is a process where you can get all that money back because it's illegal for the banks to charge you.
I know somebody that got hundreds back and apparently, nobody has ever failed.
I have started the process. If I get my money back, it's all going on framing! ;D
watch the video first:
www.moneysavingexpert.com/reclaim/bank-charges
I am sure some people probably know of this already. If you have ever been charged by your bank for going over your overdraft, then there is a process where you can get all that money back because it's illegal for the banks to charge you. I know somebody that got hundreds back and apparently, nobody has ever failed. I have started the process. If I get my money back, it's all going on framing! ;D watch the video first: www.moneysavingexpert.com/reclaim/bank-charges |
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Money Saving Expert, by lesbianwednesdays on Oct 4, 2007 14:28:37 GMT 1, someone did fail. i'll try and find it and modify this post with the link. back in a mo.............
news.bbc.co.uk/1/hi/business/6922430.stm there you go. 
umm...... it says that he had already got his charges back. . maybe i'm mistaken but i was sure that there was one person who had failed but it may just have been this story badly reported at the time that confused me?
even if i was right, one out of however many still ain't bad odds 
someone did fail. i'll try and find it and modify this post with the link. back in a mo............. news.bbc.co.uk/1/hi/business/6922430.stm there you go. umm...... it says that he had already got his charges back. . maybe i'm mistaken but i was sure that there was one person who had failed but it may just have been this story badly reported at the time that confused me? even if i was right, one out of however many still ain't bad odds |
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jfury
Junior Member
🗨️ 1,084
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May 2007
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Money Saving Expert, by jfury on Oct 4, 2007 14:32:00 GMT 1, Well thats right and thats wrong - there is a case going through the high courts as a test case for the whole issue - I thankfully managed to get a good wack back but that was before the test case was instigated. During this "limbo" period you could of got your money back, but that is no longer the case My mate went to court the other day against Barclays and they heard 20 other cases at the same time and basically deferred all of them until the test case has gone through - this will take 2 years plus!....hope that helps
...check out www.penaltycharges.co.uk which is the most up to date info on the whole issue
Well thats right and thats wrong - there is a case going through the high courts as a test case for the whole issue - I thankfully managed to get a good wack back but that was before the test case was instigated. During this "limbo" period you could of got your money back, but that is no longer the case My mate went to court the other day against Barclays and they heard 20 other cases at the same time and basically deferred all of them until the test case has gone through - this will take 2 years plus!....hope that helps ...check out www.penaltycharges.co.uk which is the most up to date info on the whole issue |
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Money Saving Expert, by finsburyparkranger on Oct 4, 2007 14:43:53 GMT 1, At least one person failed because the judge said he hadn't adequate paper work. So basically failed to send the lets that martin lewis advises you to send on moneysavingexpert.com
Great web site by the way. I've just found the 'stumble' application when reloading the new firefox 2.0 . Its amazing it hits you up with amazing web sites that you will be into by the touch of a button. Check it out!
At least one person failed because the judge said he hadn't adequate paper work. So basically failed to send the lets that martin lewis advises you to send on moneysavingexpert.com
Great web site by the way. I've just found the 'stumble' application when reloading the new firefox 2.0 . Its amazing it hits you up with amazing web sites that you will be into by the touch of a button. Check it out!
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paulah
New Member
🗨️ 685
👍🏻 2
January 2007
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Money Saving Expert, by paulah on Oct 4, 2007 14:48:17 GMT 1, Is stumble a firefox add-on?
Is stumble a firefox add-on?
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Deleted
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January 1970
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Money Saving Expert, by Deleted on Oct 4, 2007 14:51:54 GMT 1, I get the impression that the bank will always give an offer to avoid going to court. Also, it looks like they are always trying to find ways of getting around these claims, so I think if you just take your first offer then there shouldn't be too much grief. It's like a negotiation.
I get the impression that the bank will always give an offer to avoid going to court. Also, it looks like they are always trying to find ways of getting around these claims, so I think if you just take your first offer then there shouldn't be too much grief. It's like a negotiation.
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Money Saving Expert, by finsburyparkranger on Oct 4, 2007 15:08:31 GMT 1, I was helping an 18 year old claim bank charges the other week. She had a £250 debt made from going over the overdraft by £18. Every month the bank was charging her something like £5 interest and £20 bank charges because of the interest being charged on the account.
I phoned them up and they said 'These charges have not been proven to be unlawful by the courts and until then we will continue to charge your client until she pays us, you may complain to head office if you so wish, although they will only repeat what i am saying to you now'.
I'm pressing ahead with demanding they refund the money but it seems that very recently the attitude of the banks have changed and they seem to be acting like they think they will not be proved to be acting unlawfully and are now suddenly not interested in making out of court settlements.
I was helping an 18 year old claim bank charges the other week. She had a £250 debt made from going over the overdraft by £18. Every month the bank was charging her something like £5 interest and £20 bank charges because of the interest being charged on the account.
I phoned them up and they said 'These charges have not been proven to be unlawful by the courts and until then we will continue to charge your client until she pays us, you may complain to head office if you so wish, although they will only repeat what i am saying to you now'.
I'm pressing ahead with demanding they refund the money but it seems that very recently the attitude of the banks have changed and they seem to be acting like they think they will not be proved to be acting unlawfully and are now suddenly not interested in making out of court settlements.
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jfury
Junior Member
🗨️ 1,084
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May 2007
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Money Saving Expert, by jfury on Oct 4, 2007 15:11:15 GMT 1, Previously this was all correct and you could force the bank to give you the charges by taking them to court as they would not show up. This involved a process of declining there counter offer, ignoring there threatening letters then forcing them to court at which point they would then not show - However as I said this has now "changed" due to the test case. Basically now you either except there offer (if they offer atall) or go to court which will be defered until the test case is complete.
5 guys in my office (including myself) have each got all there money back from both banks and credit card companies etc they amounts vary between £3K and £6K however again this was all before the test case.
As I said www.penatlycharges.co.uk gives you all the up to date info as to what the situation is today so to speak....I have not looked at it for a couple of weeks so worth a look. I think there are a number of people in the test case that are members of the forum etc 
Hope that helps
Previously this was all correct and you could force the bank to give you the charges by taking them to court as they would not show up. This involved a process of declining there counter offer, ignoring there threatening letters then forcing them to court at which point they would then not show - However as I said this has now "changed" due to the test case. Basically now you either except there offer (if they offer atall) or go to court which will be defered until the test case is complete. 5 guys in my office (including myself) have each got all there money back from both banks and credit card companies etc they amounts vary between £3K and £6K however again this was all before the test case. As I said www.penatlycharges.co.uk gives you all the up to date info as to what the situation is today so to speak....I have not looked at it for a couple of weeks so worth a look. I think there are a number of people in the test case that are members of the forum etc Hope that helps |
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Deleted
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January 1970
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Money Saving Expert, by Deleted on Oct 4, 2007 15:23:00 GMT 1, Cheers for all that. I have requested that they tell me how much they have charge me over the past 6 years. When I get the amount, I am going to send a letter asking for the money back. If I do not get an offer, I will take them to the small claims court (I am not sure if this costs anything). Taking somebody to the small claims court can be done on the internet and is not as daunting as it may seem. They have no option but to put in a defense in the small claims court and if they fail to do so, you win by default.
I am no expert, but this is what I have gathered from the above website. There could be complications, but as long as I don't have to shell out much money, I don't have a lot to lose. I am talking about maybe a £150 claim. When it's thousands, it may be a different story
Cheers for all that. I have requested that they tell me how much they have charge me over the past 6 years. When I get the amount, I am going to send a letter asking for the money back. If I do not get an offer, I will take them to the small claims court (I am not sure if this costs anything). Taking somebody to the small claims court can be done on the internet and is not as daunting as it may seem. They have no option but to put in a defense in the small claims court and if they fail to do so, you win by default.
I am no expert, but this is what I have gathered from the above website. There could be complications, but as long as I don't have to shell out much money, I don't have a lot to lose. I am talking about maybe a £150 claim. When it's thousands, it may be a different story
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jfury
Junior Member
🗨️ 1,084
👍🏻 45
May 2007
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Money Saving Expert, by jfury on Oct 4, 2007 15:28:57 GMT 1, As I have said...they will hear your claim with lots of other cases at the same time (The banks now employ junior legal representation and hear mutiple cases at the same time)...it is no longer the case that they wont show, they will and you will get judgement deffered.
Good luck though matey hopefully you can get something out of them. Banks I f*cking hate them!
As I have said...they will hear your claim with lots of other cases at the same time (The banks now employ junior legal representation and hear mutiple cases at the same time)...it is no longer the case that they wont show, they will and you will get judgement deffered. Good luck though matey hopefully you can get something out of them. Banks I f*cking hate them! |
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Money Saving Expert, by slowmo on Oct 4, 2007 15:29:52 GMT 1, Quick word of warning, amate of mine done this and got thousands. They withdrew his overdraft immediately upon settling, he lived in his overdraft and got well screwed because all his direct debits faulted, result is, he cant even get a store credit card anymore as he defaulted on mortgage, bills, credit card etc etc (only for a month while he took a loan to change his account over).
Only do this if you are sure you could have enough aside to deal with this potential sting in the tail.
Quick word of warning, amate of mine done this and got thousands. They withdrew his overdraft immediately upon settling, he lived in his overdraft and got well screwed because all his direct debits faulted, result is, he cant even get a store credit card anymore as he defaulted on mortgage, bills, credit card etc etc (only for a month while he took a loan to change his account over).
Only do this if you are sure you could have enough aside to deal with this potential sting in the tail.
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jfury
Junior Member
🗨️ 1,084
👍🏻 45
May 2007
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Money Saving Expert, by jfury on Oct 4, 2007 15:37:35 GMT 1, ....surely the money he got he should of paid his over draft!! ...this can happen in a minority of cases just dont spend the money instantly and change banks...I know this is easier said then done! - that should then prevent this from happening!
....surely the money he got he should of paid his over draft!! ...this can happen in a minority of cases just dont spend the money instantly and change banks...I know this is easier said then done! - that should then prevent this from happening! |
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Deleted
🗨️ 0
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January 1970
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Money Saving Expert, by Deleted on Oct 4, 2007 15:53:31 GMT 1, As I have said...they will hear your claim with lots of other cases at the same time (The banks now employ junior legal representation and hear mutiple cases at the same time)...it is no longer the case that they wont show, they will and you will get judgement deffered. Good luck though matey hopefully you can get something out of them. Banks I f*cking hate them!
Cheers man! I'm also on a mission to get some parking tickets refunded. I had to pay 120 quid for parking outside my own university house whilst applying for a permit. After a chat with the traffic warden, he said I may be able to get it back. Anyove has any experience with this?
I want to get myself a pucker framejob for my Micallef! ;D
As I have said...they will hear your claim with lots of other cases at the same time (The banks now employ junior legal representation and hear mutiple cases at the same time)...it is no longer the case that they wont show, they will and you will get judgement deffered. Good luck though matey hopefully you can get something out of them. Banks I f*cking hate them! Cheers man! I'm also on a mission to get some parking tickets refunded. I had to pay 120 quid for parking outside my own university house whilst applying for a permit. After a chat with the traffic warden, he said I may be able to get it back. Anyove has any experience with this? I want to get myself a pucker framejob for my Micallef! ;D |
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jfury
Junior Member
🗨️ 1,084
👍🏻 45
May 2007
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Money Saving Expert, by jfury on Oct 4, 2007 16:08:55 GMT 1, Depends on a few things...
"If it is a council parking attendant then, to be valid, the ticket must be either handed to the driver or fixed to the vehicle.
So essentially you can drive off - see article below
www.mailonsunday.co.uk/pages/live/articles/news/news.html?in_article_id=444842&in_page_id=1770
If you subsequently get a Notice to Owner you should write to the issuing council, explaining the situation, and ask for it to be cancelled. If they will not cancel it then appeal. Although the adjudication services do not categorise types of appeal anecdotal evidence suggests that between a third and a half of all appeals are for this reason.
However, if you return to find a police officer or traffic warden in the process of issuing a ticket then, if you drive off, the ticket can be sent to you as they enforce under different legislation.
If you send a cheque with your challenge to the validity of a ticket it is almost certain that the council will bank the cheque and close the case. It is standard practice for councils to 'stop the clock' whilst they consider an initial representation. If they reject it they will almost invariably give you the opportunity to pay at the reduced rate provided that you do so within 14 days of their notification"
Depends on a few things... "If it is a council parking attendant then, to be valid, the ticket must be either handed to the driver or fixed to the vehicle. So essentially you can drive off - see article below www.mailonsunday.co.uk/pages/live/articles/news/news.html?in_article_id=444842&in_page_id=1770If you subsequently get a Notice to Owner you should write to the issuing council, explaining the situation, and ask for it to be cancelled. If they will not cancel it then appeal. Although the adjudication services do not categorise types of appeal anecdotal evidence suggests that between a third and a half of all appeals are for this reason. However, if you return to find a police officer or traffic warden in the process of issuing a ticket then, if you drive off, the ticket can be sent to you as they enforce under different legislation. If you send a cheque with your challenge to the validity of a ticket it is almost certain that the council will bank the cheque and close the case. It is standard practice for councils to 'stop the clock' whilst they consider an initial representation. If they reject it they will almost invariably give you the opportunity to pay at the reduced rate provided that you do so within 14 days of their notification" |
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Money Saving Expert, by slowmo on Oct 4, 2007 16:09:02 GMT 1, ....surely the money he got he should of paid his over draft!! ...this can happen in a minority of cases just dont spend the money instantly and change banks...I know this is easier said then done! - that should then prevent this from happening!
Lets just say there was a very good reason he was being charged for going over his overdraft every month (he can'tstop spending money)
....surely the money he got he should of paid his over draft!! ...this can happen in a minority of cases just dont spend the money instantly and change banks...I know this is easier said then done! - that should then prevent this from happening! Lets just say there was a very good reason he was being charged for going over his overdraft every month (he can'tstop spending money) |
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Money Saving Expert, by shogun on Oct 4, 2007 16:27:49 GMT 1, I'm sure a lot of you have done it - thats getting charged for late payments on the credit card... The fine is unlawful and as a matter of principle it may be worth chasing these up.
BTW - Stumble is the bomb!!
I'm sure a lot of you have done it - thats getting charged for late payments on the credit card... The fine is unlawful and as a matter of principle it may be worth chasing these up.
BTW - Stumble is the bomb!!
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Money Saving Expert, by finsburyparkranger on Oct 4, 2007 17:02:52 GMT 1, Yeah remember to sign up for another bank account before you negotiate with your current bank.
Yeah remember to sign up for another bank account before you negotiate with your current bank.
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Art-el
Art Gallery
Junior Member
🗨️ 1,708
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May 2006
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Money Saving Expert, by Art-el on Oct 4, 2007 17:18:00 GMT 1, They should make you an offer and people will advise you that all this will not affect your relationship with your bank.
But be aware Nat West have asked scores of customers to take their business elsewhere, and made it difficult/decline loans etc.
Just friendly factual advise for people.
On the other hand I would encourage many people to contact their banks to obtain statement to enable you to screw every last penny they have stolen from you under the pretense that they're gonna charge you £20+ to send you a letter telling your skint thus compounding things.
Screw as much out of the leeches, just be aware of the comebacks
Good luck
Wrote this 2 hours ago and hadn't hit post button so apologies if this is already covered
I'm out
They should make you an offer and people will advise you that all this will not affect your relationship with your bank.
But be aware Nat West have asked scores of customers to take their business elsewhere, and made it difficult/decline loans etc.
Just friendly factual advise for people.
On the other hand I would encourage many people to contact their banks to obtain statement to enable you to screw every last penny they have stolen from you under the pretense that they're gonna charge you £20+ to send you a letter telling your skint thus compounding things.
Screw as much out of the leeches, just be aware of the comebacks
Good luck
Wrote this 2 hours ago and hadn't hit post button so apologies if this is already covered
I'm out
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dumpsuk
New Member
🗨️ 262
👍🏻 0
July 2007
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Money Saving Expert, by dumpsuk on Oct 4, 2007 17:28:13 GMT 1, I have to add to this thread....Martin Lewis is the Ray Mears of the urban jungle. Since stumbling across his site (after seeing him on breakfast TV) he has saved me thousands of pounds. I have used his site to buy insurance, cheap flights, claim bank charges, and recently followed his flow chart to obtain an interest free loan of 10k for 6months!! (btw I don't know him and he is not a mate of mine!!) just a case of credit where credit is due.
I have to add to this thread....Martin Lewis is the Ray Mears of the urban jungle. Since stumbling across his site (after seeing him on breakfast TV) he has saved me thousands of pounds. I have used his site to buy insurance, cheap flights, claim bank charges, and recently followed his flow chart to obtain an interest free loan of 10k for 6months!! (btw I don't know him and he is not a mate of mine!!) just a case of credit where credit is due.
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dumpsuk
New Member
🗨️ 262
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July 2007
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Money Saving Expert, by dumpsuk on Oct 4, 2007 17:30:54 GMT 1, PS He is going after mortgage companies now, he suggests their early redemption penalties are also illegal. Alternatively (my brother did this) you could always just pay off your mortgage -£1, and owe them one pound interest only forever about 5p a year in interest and save thousands in redemption penalties!!
PS He is going after mortgage companies now, he suggests their early redemption penalties are also illegal. Alternatively (my brother did this) you could always just pay off your mortgage -£1, and owe them one pound interest only forever about 5p a year in interest and save thousands in redemption penalties!! |
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paulah
New Member
🗨️ 685
👍🏻 2
January 2007
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Money Saving Expert, by paulah on Oct 4, 2007 17:47:01 GMT 1, Yeah - I've saved a load through them too. There's a good weekly email you can sign up for .
The only danger is they are always posting stuff going for bargain prices too - so you can end up spending loads....
Yeah - I've saved a load through them too. There's a good weekly email you can sign up for .
The only danger is they are always posting stuff going for bargain prices too - so you can end up spending loads....
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