I bet Mey is in mourning about now

[Mey]

Exactly, I can't understand why people don't manage to keep any sort of savings incase there is an unforeseen event that may cost them a considerable amount of money.

Instead of spending every single penny of your money each pay day, keep £50 quid in a savings account, 10 months down thats £500 that would, quite comfortably cover any "car repairs" etc..

Christ i'm only twenty and I already have £1000 in instant access savings and £2000 in shares.

 

[soze]

dont get overdrawn then??? not like they force you to make you get overdrawn with a gun to your head

Flucking hell read the rest its not always that easy i have never been overdrawn (over agreed overdraft) in my life. But its not as simple as saying don't sometimes you have to spend the money Boiler breaks car breaks ect all im saying is banks need to stop being twats with people who are victims or circumstance not poor finance.

Exactly, I can't understand why people don't manage to keep any sort of savings incase there is an unforeseen event that may cost them a considerable amount of money.

Instead of spending every single penny of your money each pay day, keep £50 quid in a savings account, 10 months down thats £500 that would, quite comfortably cover any "car repairs" etc..

Christ i'm only twenty and I already have £1000 in instant access savings and £2000 in shares.

Easy buy a house buy a car buy food pay council tax pay for electricity pay for gas pay for petrol and pay every other little thing that comes up. It might be easy for you to save money that does not mean that everyone else is a waster for not doing the same it means they cant afford too.

I can look down my nose at people too i manage my money well but unlike you i can also tell the difference between people who are unlucky and twats who constantly live over thier means as some one who works in a bank i think you should see there is a difference too.

 

[Raven]

Natwest once bounced a 10 GBP personal cheque which would have made me 19p OD, they charged me 40 GBP for bouncing the cheque. The refused to pay the money back and I changed banks the same day. I left 1 GBP in the account and they still, 15 years later, send me monthly statements.

I did that with lloyds about 8p in there, still get monthly statements and general bank junk mail. must have cost them a fortune in the last few years in postage/printing

 

[Raven]

I do agree with Mey though, people DO need to take responsibility for their spending but things do happen in the real world and despite what Mey says you can go overdrawn by mistake. Personally I would be happy to pay to have a bank account, so long as its not a silly amount.

 

[Mey]

I'm not saying its not impossible to go over your limit of course it is, but a bit of planning and consideration is all that is needed to help avoid this happening, and what with Internet banking and god knows how many cash machines out there it is not impossible to check your balance most if not everyday to make sure everything is dandy. Infact I don't think I've used a bank in person in the last two years (yes I know I work for one, but don't do transactions for myself whilst in work.)

Of course there is differences between people who live over their means and people who just go unlucky. But there is help and advice out there if you want it, I've never not been able to help someone who has come into the bank in abit of a mess (The unlucky ones as you say). This usually involves sticking an overdraft on the account for a month or so and remove whatever charge was on the account.

 

[Golena]

The number of people here who seem to think that the bank has a god given right to give them money if they run out and need more is scary.

If I run out of money on a night out, can I simply walk up to the nearest stranger, take some of his then claim that it was ok because I was going to give it back in a bit. If I told him that if he gave me a fiver then I would give him 10 pounds back the next day, then the next day started screaming.. I only borrowed a fiver why should I have to give him 10 back, that's insane, would you feel sorry for me?

Everyone who opened a bank account, looked at the charges and then agreed to them. They didn't spring them out of thin air at you, you walked in and said.. yes that's fine. Then cry like girls when they actually try to take the money off you.

If you don't like it go to another bank where you can take money out without any charges for any amounts you like.. There's a reason that bank doesn't exist, and it's not because it can't find customers.

 

[Lamp]

Its all very well telling people to be responsible in their spending, but some people simply do not understand money, even the basics.

Still, I do think this is a nice test case result. The bank charges are inequitable.

 

[russell]

Exactly, I can't understand why people don't manage to keep any sort of savings incase there is an unforeseen event that may cost them a considerable amount of money.

Instead of spending every single penny of your money each pay day, keep £50 quid in a savings account, 10 months down thats £500 that would, quite comfortably cover any "car repairs" etc..

Christ i'm only twenty and I already have £1000 in instant access savings and £2000 in shares.

FFS Didnt we all until we had a wedding, mortgage and kids!!

 

[russell]

I'm not saying its not impossible to go over your limit of course it is, but a bit of planning and consideration is all that is needed to help avoid this happening, and what with Internet banking and god knows how many cash machines out there it is not impossible to check your balance most if not everyday to make sure everything is dandy. Infact I don't think I've used a bank in person in the last two years (yes I know I work for one, but don't do transactions for myself whilst in work.)

Of course there is differences between people who live over their means and people who just go unlucky. But there is help and advice out there if you want it, I've never not been able to help someone who has come into the bank in abit of a mess (The unlucky ones as you say). This usually involves sticking an overdraft on the account for a month or so and remove whatever charge was on the account.

Do you want to take my 2 year old twins and 4 year old into town everyday to check your balances? -I give you 3 days...Or Struggle in after a painful c- section? Or would you have me on hold on the phone for 30 mins whilst they are all sreaming the house down?

I had £2000 taken from my account in fraud and so my internet banking was frozen for a while -it was a nightmare trying to keep track.

I am not being extreme. I just dont think you can tar everyone with the same brush. Yes some people may take the piss, but others are doing their best, tracking their money and still get slammed with unreasonable charges designed to maximize profits.

This is real life, not a text book

 

[haarewin]

at first, i thought the charges were unfair.
my brother (payed weekly) went overdrawn (£10) one week because he had just started his job and had a lot to pay out. the next week, he had to pay out his rent (again) and then put some money away. then he got a charge for £60. so he had to take his money out of his savings. then every week, he'd still be £10 overdrawn with a £60 charge, because his outgoings were more than his income. this went on for ages, and i just thought it was ridiculous for the bank to charge him £60. so i told him to switch banks, and he couldn't be assed. he got all his charges back, had plenty of cash, blasted through it and now just runs into his overdraft every week like a fucking twat. now i think he deserves to be charged. at first it was a spiral, but now he's just a prick with money. he forgets that things cost. he ran up a £300 phone bill but never put enough money aside to pay for it, so went £200 overdrawn. and i think he deserves it for being shit.

 

[Rubric]

Mey we have been through this before. When you have a clue about real life you can comment on this but you don't know shit about real life.

 

[old.Tohtori]

Mey we have been through this before. When you have a clue about real life you can comment on this but you don't know shit about real life.

While that may be, Mey does work in a bank and probably has seen more "cash problems" then any of us.

And does have a point, with planning(which sucks) and careful use of cash(which also sucks) you can survive nearly anything.

 

[Rubric]

While that may be, Mey does work in a bank and probably has seen more "cash problems" then any of us.

And does have a point, with planning(which sucks) and careful use of cash(which also sucks) you can survive nearly anything.

Mey has no idea about sorting cash problems, his answer is to offer a customer a loan and he thinks he is doing them a favour.

Bank charges are unfair. The banks have been taking the piss for too long and it needs to stop.

 

[Rubric]

Its all very well telling people to be responsible in their spending, but some people simply do not understand money, even the basics.

Still, I do think this is a nice test case result. The bank charges are inequitable.

People need to be responsible in spending i agree with. Banks should have been responsible in lending, but hey ho they reep what they sew.

 

[Mey]

Mey has no idea about sorting cash problems, his answer is to offer a customer a loan and he thinks he is doing them a favour.

Bank charges are unfair. The banks have been taking the piss for too long and it needs to stop.

I know so little about real life I sometimes forget to wake up in the morning and just go weeks without sleeping.. Get a grip FFS, you don't have to be fucking 30+ to know about life. I'd wager theres some moronic 30+ year old's out there.

The argument we had over Credit DEBT was not about cash problems it was about being unable to afford to repay what you owe, in the REAL WORLD people don't give you money for free so trying to get everything on interest free is pretty navie, a loan will save you money and if you give me an example of some debt and the interest they are paying I will give you the figures to show you how it will. Not only will it save you money it will also give you more cash to spend during the month. Paying 30% on a credit card is fucking insane when you can pay 6-15% on a loan.

 

[old.Tohtori]

Mey has no idea about sorting cash problems, his answer is to offer a customer a loan and he thinks he is doing them a favour.

Bank charges are unfair. The banks have been taking the piss for too long and it needs to stop.

That's actually not true, Meys answer isn't at all about that.

Just seems like the people who get charges, don't like it. Big suprise there, people don't like losing money. But there's a difference in that and if it's what should be done.

 

[Golena]

Mey has no idea about sorting cash problems, his answer is to offer a customer a loan and he thinks he is doing them a favour.

Bank charges are unfair. The banks have been taking the piss for too long and it needs to stop.

The thing is if bank charges are unfair, surely someone would of identified this huge gap in the market for making money and offered people a cheaper alternative? There's over 20 different banks out there all competing for customers, spending millions on advertising to get people through the door.. Do you not think that if they could still make a decent profit from saying "no charges if you go over your limit by any amount" that they wouldn't jump at that chance? (if they arn't making a decent profit they can't either (a) offer job security to their staff, or (b) more importantly offer good security to their bankers that they will be around next week so they can get their money back). Lets not kid ourselves that saying X amount over your limit would work either. If they didn't charge you for going £100 over your limit, people would just go blow £100 as free money then still whine when they go £103 over and get charged!

Yes there are cases where people have been victims of fraud and caught out. That is a tiny minority compared to the number of people who think that if they have £100 in the bank they can afford to go out on the piss this weekend, instead of thinking that maybe £100 isn't quite a large enough sum of money to have as a buffer incase a bill arrives you wern't expecting. If you are working and don't have at least a grand in the bank and went out to a pub to get pissed last week then you've only got yourself to blame if you get "caught out" and charged.

 

[Mey]

Before you go on about why would a bank offer you a loan if they lose money.. They do it because Credit Cards are unsecured debt, a loan is secured.

You keep saying the charges are unfair. I couldn't give a shit if your car broke down, thats not my fault you didn't prepear savings for that. IF you chose to use an unplanned overdraft to cover this expense then more fool you.

 

[Rubric]

I know so little about real life I sometimes forget to wake up in the morning and just go weeks without sleeping.. Get a grip FFS, you don't have to be fucking 30+ to know about life. I'd wager theres some moronic 30+ year old's out there.

The argument we had over Credit DEBT was not about cash problems it was about being unable to afford to repay what you owe, in the REAL WORLD people don't give you money for free so trying to get everything on interest free is pretty navie, a loan will save you money and if you give me an example of some debt and the interest they are paying I will give you the figures to show you how it will. Not only will it save you money it will also give you more cash to spend during the month. Paying 30% on a credit card is fucking insane when you can pay 6-15% on a loan.

No charity run debt counselling service will advise you to get a loan to get yourself out of trouble.

 

[Rubric]

Before you go on about why would a bank offer you a loan if they lose money.. They do it because Credit Cards are unsecured debt, a loan is secured.

You keep saying the charges are unfair. I couldn't give a shit if your car broke down, thats not my fault you didn't prepear savings for that. IF you chose to use an unplanned overdraft to cover this expense then more fool you.

What about those who live hand to mouth. They can't save. And with the spiralling costs of food and fuel that could be more and more of us each week.

 

[Mey]

Then perhaps they are living above their own means.

The reason why charities dont say get a loan is because it gets your "more debt", but its only more debt if you don't use it to clear all your current debt.

 

[Golena]

What about those who live hand to mouth. They can't save. And with the spiralling costs of food and fuel that could be more and more of us each week.

Once again, i'm fairly sure it's not the banks problem.
Ask for help off the government, not off a business there to turn a profit..

Why not just go next door and take their television to sell without asking, I fail to see how that's really any different from taking £300 off a bank that you don't have. If you went into any other business and simply tried to take cash off them they didn't say you could have, you'd end up in jail. You do it to a bank, then complain it's unfair when they charge you a pre-agreed amount for doing so?

It's not the banks fault you can't find a job that earns you enough to buy food!

 

[ECA]

Meys a douchebag office monkey anyway, he gave me negative rep for posting this:

https://forums.freddyshouse.com/general2/226855-hahahahahahahhaha.html#post3322370

KEEP GRINDING IN YOUR CUBICLE LOL.

 

[Mey]

I gave you negative rep because it was fucking bollocks.

I don't actually work in a cubicle either, I work on the counter or in high cash so

 

[old.Tohtori]

Has anyone ever seen a cubicle in a bank by the way?

What do they know that we don't, and why don't they use cubicles!

 

[Mey]

Well the closes thing to a cubicle is an office, we don't have cubicles because we are dealing with cash, so it's better to be in an open space where people can see what you are doing incase there is an acusations of dodgy dealings.

 

[gohan]

I went 4p overdrawn once and was charged £60. That just takes the piss

most banks have a £5 or £10 buffer, get a better bank

 

[gohan]

at the end of the day the charges are massively high BUT dont be a fucking idiot with your account and you wont get charged that simple really!

charges are clearly outlined in your account lit when you open it yet people are still so shocked, the bank is NOT a public service, its a buisness, if you dont like it get a post office account and stash your cash in a mattress stop all this whinning about charges it jsut goes in circles

 

[Mey]

Don't be stupid its the banks fault that my Car broke down and I didn't have any savings to cover it and I was FORCED to use my unplanned overdraft to cover it!

 

[Bugz]

Don't be stupid its the banks fault that my Car broke down and I didn't have any savings to cover it and I was FORCED to use my unplanned overdraft to cover it!

Fuckin banks!