Personal Finance. How Long Will It Take For The Banking Regulators To Make A Ruling On Fair Overdraft Charging For Banks?

Personal Finance. How Long Will It Take For The Banking Regulators To Make A Ruling On Fair Overdraft Charging For Banks?

Personal Finance. The B*stards Have Brought In A £10 Monthly Charge If You Don't Have A Certain Amount Of Money In Your Account. This Helps To Slip

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Personal Finance : How Long Will It Take For The Banking Regulators To Make A Ruling On Fair Overdraft Charging For Banks

Personal Finance. How Long Will It Take For The Banking Regulators To Make A Ruling On Fair Overdraft Charging For Banks.

The b*stards have brought in a £10 monthly charge if you don't have a certain amount of money in your account. This helps to slip me into the red again and the charges are still £25 each. I have already claimed my past charges back. ~~~ Johnno ~~~

Best Answer To Personal Finance Question

Most banks will only give you a certain ammount of your charges back and after that you're pretty much on your own. The bank where I work, we generally only give charges back if the bank has made a mistake. (And this rule comes from our corporate office.) Every now and then we will give charges back, but we have really been told not to. I don't think is gonna change anytime soon, because each bank already has different charges so if you're unhappy with the charges you're getting maybe try a different bank?

All Answers To Personal Finance Questions

Answer 1

Most banks will only give you a certain ammount of your charges back and after that you're pretty much on your own. The bank where I work, we generally only give charges back if the bank has made a mistake. (And this rule comes from our corporate office.) Every now and then we will give charges back, but we have really been told not to. I don't think is gonna change anytime soon, because each bank already has different charges so if you're unhappy with the charges you're getting maybe try a different bank?

Answer 2

So you got your charges back and promptly spent the lot = so now you are in the red again ? Plainly you have chosen to be POOR .. enjoy ... Definition of choosing to be POOR = Earn 100%, Borrow 10%, Spend 110% (soon go Bankrupt, Earn 100%, Pay 100% Interest, Borrow 0, Spend 0) Definition of choosing to be RICH = Earn 100%, Save 10%, Spend 90%. (soon Retire, Earn 0, Receive 100% on Investments, Spend 100%)

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