I have just found something today that may interest people, it certainly does me.
Apparently it is not legal enforcable to charge bank charges or to put it another way the courts will rule in your favour. The story is that all bank charges can be claimed back. This started with somebody taking the banks to court and the court ruling in their favour, the story got out and now thousands of people are getting all the charges back.
You can claim for the last six years and add 8% interest, I have been a bugger with going overdrawn and for £10 received a statement with £700 of charges for the last 6 years, add 8% on and this is quite a tidy sum.
The banks have so far failed to turn up to any case brought against them and now know that people wont go away and are settling up out of court, this is advised that you hold on for the full amount and don't take a reduced offer.
This is happening in the U.K and the banks expect to have to pay out millions, not sure what the story is in the U.S.
If this does affect anyone here is a website that will give you more information, it is from someone who will do all the work for you for a flat fee,although it looks like he has had to stop taking work on, but he does give all the advice you will need to do it yourself.
www.bankbuster.co.uk
This will also help
I have loads of other helpful links if anyone needs them.
Just thought maybe someone did not know about this, hope the information helps somebody.
Paul
Apparently it is not legal enforcable to charge bank charges or to put it another way the courts will rule in your favour. The story is that all bank charges can be claimed back. This started with somebody taking the banks to court and the court ruling in their favour, the story got out and now thousands of people are getting all the charges back.
You can claim for the last six years and add 8% interest, I have been a bugger with going overdrawn and for £10 received a statement with £700 of charges for the last 6 years, add 8% on and this is quite a tidy sum.
The banks have so far failed to turn up to any case brought against them and now know that people wont go away and are settling up out of court, this is advised that you hold on for the full amount and don't take a reduced offer.
This is happening in the U.K and the banks expect to have to pay out millions, not sure what the story is in the U.S.
If this does affect anyone here is a website that will give you more information, it is from someone who will do all the work for you for a flat fee,although it looks like he has had to stop taking work on, but he does give all the advice you will need to do it yourself.
www.bankbuster.co.uk
This will also help
I have loads of other helpful links if anyone needs them.
Just thought maybe someone did not know about this, hope the information helps somebody.
Paul
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