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the banks etc..... Expand / Collapse
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Posted 26/04/2008 12:11:34


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I am surprised that no-one has posted about me "hoisted on my own petard" etc
even though the court HAS actually decided that 1.The charges are enforceable(score 1 for the banks). and 2.The charges are subject to the "unfair terms act" (score 1 for the people)
No mention,indeed thats not what the case was about(despite what the Daily Mail says)of the charges being unfair!
That all comes much later...expect something from the Banks around late May.



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Post #282425
Posted 26/04/2008 12:17:35


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I don't know about the "score 1 for the banks". From what I've read (which isn't much), all that's left is for the OFT to decide if the charges are indeed unfair (now that the courts have established that the charges are covered by unfair-contract law). Seeing that it was the OFT that brought the matter to the courts in the first place, it seems unlikely they'll say that the charges *are* fair. So, apart from the banks' appeal (which could well turn things on their head, as so often happens), it seems done and dusted. The "people" have won.

That was always the correct result, at least from a moralistic point of view, but with the banks in so much fiancial difficulty now (largely at their own hands), I thought maybe they'd be let off the hook.


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Post #282428
Posted 26/04/2008 14:26:49
Pentium

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I can't help wondering why  you have posted this and the olympics thread here instead of in Other stuff/rants and whinges.

Cheers,

Keith.


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Post #282446
Posted 01/05/2008 12:49:17


Pentium

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I listen to martin lewis on radio 2 with jerry vine.

This guy really knows how to play the banks at there own game. see what you can learn and how much you can save with this web site.

http://www.moneysavingexpert.com/

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Post #283526
Posted 01/05/2008 16:01:14


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Argh no, Martin Lewis, Trikes arch nemesis!

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Post #283575
Posted 01/05/2008 16:08:23


Pentium

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Just been reading the Mail (it's the paper of this thank you very much ) and interestingly a fair number of these banks have seemed to have reduced these charges.....Funny that?


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Post #283577
Posted 02/05/2008 11:31:22


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haha, martin lewis!
what a ledgend!
i get his monthly emails.

must admit tho, man is a bit OTT!

Steve B



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Post #283802
Posted 02/05/2008 12:36:12
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Martin Lewis????......don't need some jumped up ex-newsreader to tell me how to save money. Common sense really....you DON'T get anything for nothing. No such thing as a FREEBIE. No I don't want a "holiday" from paying my bank loan...especially when you are still charging interest during the holiday...same applies to a mortgage....and so called "cashback".....most of the stuff is obvious, and when you read it properly REALITY kicks in......


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Post #283810
Posted 02/05/2008 15:01:04


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