New Posts For Thread: REAL REASON THE BANKS CAUSED THE RECESSIONhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recessionfinalised this week,the final ruling on the bank charges will be delivered this week after 2 appeals,the banks will be ordered to pay back on their illegal over charging to thousands of customers.they ve managed to re coup their pay outs over last 2You're no muppit, that's for sure.Or a pit bull one, if you are.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425715022#425715022You're no muppit, that's for sure.Or a pit bull one, if you are.Fri, 27 Nov 2009 20:38:38 -0600Just inform your bank that you will charge them XXX [read sil amount] for any error on your account. the banks make that many that it will all level out.3 weeks ago, I paid £8K cash in at counter and asked the question when will it clear as availabhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425715018#425715018Just inform your bank that you will charge them XXX [read sil amount] for any error on your account. the banks make that many that it will all level out.3 weeks ago, I paid £8K cash in at counter and asked the question when will it clear as availabFri, 27 Nov 2009 18:43:40 -0600Where do you get your crack from these days sepp? Mustard stuff your smoking!https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714998#425714998Where do you get your crack from these days sepp? Mustard stuff your smoking!Fri, 27 Nov 2009 14:58:31 -0600But surely, the counter argument is that if you don't make the charges penalistic enough, people will not get the message and just continue to use their bank account incorrectly.I think however there should be some form of graduated charge basis. Thahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714994#425714994But surely, the counter argument is that if you don't make the charges penalistic enough, people will not get the message and just continue to use their bank account incorrectly.I think however there should be some form of graduated charge basis. ThaFri, 27 Nov 2009 14:43:58 -0600the supreme court as effectively said that if you go overdrawn by 1p and the bank tells you the punishment is 5o k ,then that is reasonable and legal - the arguement is about how much not about wether they can charge - supreme court have said any amohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714990#425714990the supreme court as effectively said that if you go overdrawn by 1p and the bank tells you the punishment is 5o k ,then that is reasonable and legal - the arguement is about how much not about wether they can charge - supreme court have said any amoFri, 27 Nov 2009 14:24:24 -0600THE SUPREME COURT SEES SENSE. all you gotta do is manage your money and you wont go into the red. i agree that most of the charges are a bit steep and needs looking into.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714914#425714914THE SUPREME COURT SEES SENSE. all you gotta do is manage your money and you wont go into the red. i agree that most of the charges are a bit steep and needs looking into.Wed, 25 Nov 2009 06:44:41 -0600we could go round in circles arguing this. I actually agree that the banks are within their rights to impose charges and people should do all they can to avoid being overdrawn just think they are a bit excessive and also that they do everything possihttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714910#425714910we could go round in circles arguing this. I actually agree that the banks are within their rights to impose charges and people should do all they can to avoid being overdrawn just think they are a bit excessive and also that they do everything possiWed, 25 Nov 2009 06:21:48 -0600i know the charges are a bit steep but it's a bit ministry of the bleeding obvious to me (and i have been stung) but don't go into the red. i wouldn't give you a free, unsecured loan. Why should the bank?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714906#425714906i know the charges are a bit steep but it's a bit ministry of the bleeding obvious to me (and i have been stung) but don't go into the red. i wouldn't give you a free, unsecured loan. Why should the bank?Wed, 25 Nov 2009 06:09:06 -0600I've been stung a few times. my own fault for being over my limit but charging £25 each time I took a tenner out a cash machine was a bit much I thought. they also sent me a letter saying that the charges would come out of my account around the 6https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714902#425714902I've been stung a few times. my own fault for being over my limit but charging £25 each time I took a tenner out a cash machine was a bit much I thought. they also sent me a letter saying that the charges would come out of my account around the 6Wed, 25 Nov 2009 06:03:47 -0600nicely put wolsey, anyone defending these kind of charges needs their head examining...they're indefensible. Still, looks like they've got away with in the end...this country is becoming laughable.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718130/real-reason-the-banks-caused-the-recession?post_id=425714898#425714898nicely put wolsey, anyone defending these kind of charges needs their head examining...they're indefensible. Still, looks like they've got away with in the end...this country is becoming laughable.Wed, 25 Nov 2009 04:06:32 -0600