Look someone has got to pay for the directors champers at chistmas..... :roll:SILVER_FOX said:We're all pretty much aware that these are Banks, not Charities, but somewhere down the line they seem to have perfected the art of hidden charges, small print and the two-fingers in the air approach to the average joe in the street. As long as their profit margin is in the hundreds of millions - why should they care?
Darkshadeofblu you are as bad as the banks if you think that spending money down the pub or on women is a waste! Shame on you!Darkershadeofblu said:As we approach the cashless society the modern bank appears hell bent on making sure they get your money from charges before you can waste it down the pub or on women!!
No quite true Davy the banks have not tried to defend these cases as they are in the picture regarding the charges i.e. they know the charges are illegal and do not represent a fair tariff, proportionate to the work involved to bounce a cheque or write a letter. If they did try and defend a case and lost imagine the flood gates opening as they would then have to re-paydavy_longshanks said:One word of caution (being a lawyer!) - its not as straightforward as it seems! I get the impression (I may well be wrong!) these cases have been successful because the banks have not bothered to reply to the claim and the Claimants have obtained 'Judgment in Default' - i.e they've won their case because the banks haven't been a*sed to reply.
When u sign a written document (i.e account application forms aka 'small print') u are bound by its terms even if you haven't read any of it. Therefore the banks will soon start winning their cases once they've got wind of what people are up to.
Having said that, if you're planning to sue - good luck!
Then again, u could always store your money underneath your matress instead!
As I understand it the fact that we agreed to the terms and conditions of the account is neither here or there. The banks are being charged under contract law, that any charge levied should not exceed the cost of the breach.davy_longshanks said:When u sign a written document (i.e account application forms aka 'small print') u are bound by its terms even if you haven't read any of it. Therefore the banks will soon start winning their cases once they've got wind of what people are up to.
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