..... - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit
Expired

.....

Carley Avatar
7y, 1m agoPosted 7 years, 1 month ago
.....
Carley Avatar
7y, 1m agoPosted 7 years, 1 month ago
Options

All Comments

(248) Jump to unreadPost a comment
Comments/page:
Page:
#1
Yes. People knew when they got the account they would be charged £x.xx amount for going overdrawn. Whether the charges were fair is another matter, but people accepted them at the time.
#2
Martin Lewis has failed? We're all doomed now.
#3
iNSOMANiAC
Yes. People knew when they got the account they would be charged £x.xx amount for going overdrawn. Whether the charges were fair is another matter, but people accepted them at the time.


+1. Why do people expect things for free?
#4
kyalion
Martin Lewis has failed? We're all doomed now.


martin lewis...... *shudders
#5
At the end of the day... if you dont have the money in your bank and you go overdrawn then you should be fined... maybe that way people will think twice about going overdrawn. If you manage your money and stick to the rules then whats the problem? Too many people live off their overdraft and its quite sad
#6
I'm not surprised, did you really expect anything different?
#7
this is bull "accept the charges" what other option do we have?
#8
WOW - Didn't see that coming!!!
#9
thedish;6996270
+1. Why do people expect things for free?

I have had my bank account for 25 years although I was once charged £5.00 for going overdrawn many years ago, can they really justify £35.00 of todays money, for a so called £2.50 letter ?
#10
Smaybelline
At the end of the day... if you dont have the money in your bank and you go overdrawn then you should be fined... maybe that way people will think twice about going overdrawn. If you manage your money and stick to the rules then whats the problem? Too many people live off their overdraft and its quite sad


Personally I'd rather banks simply didn't allow you to go overdrawn and therefore don't charge for it. But they'd rather be nice and allow you to go overdrawn then charge you through the nose for it.

Go overdrawn by £20 let's say and you might get a £20 charge, which is 100% interest over the matter of a couple of weeks. I wonder what the APR is on that!!! Even more if you only go overdrawn by pennies!
#11
i think they shouldnt allow anyone to go overdrawn at all so if they try to purchase something the payment should decline or if its a direct debit it should be declined as well.
#12
What did everyone expect when the Government holds a large stake in some of these banks
#13
tinktink
I have had my bank account for 25 years although I was once charged £5.00 for going overdrawn many years ago, can they really justify £35.00 of todays money, for a so called £2.50 letter ?


I have been charged for an overdraft too but I was the one that went overdrawn. The banks are a business not a charity. What would happen if everyone went overdrawn and expected to pay no penalty fees?
banned#14
i personally think the fees should be in place, but not as strupid as they are, if you do not have an overdraft limit then you shouldnt be able to go overdrawn, if you have one there should be a set interest charged on this, none of this stupid £35 a letter crap and fees for going overdrawn
#15
I went overdrawn by £1 odd the other month, a loaf of bread from Spar!! A&L charged me £5. A bit pathetic really considering it was payday the next day so they got their measly £1 back!!

Dearest loaf of bread i've ever bought!!

I forget about half I spend and thought I had money in my account ooops!!
#16
thedish;6996384
I have been charged for an overdraft too but I was the one that went overdrawn. The banks are a business not a charity. What would happen if everyone went overdrawn and expected to pay no penalty fees?

so your saying £32.50 is a fair charge/penalty for maybe going even £1p overdrawn ???? especially for people in the last 12 months of this recession ?
#17
greyparrot
i think they shouldnt allow anyone to go overdrawn at all so if they try to purchase something the payment should decline or if its a direct debit it should be declined as well.


What happens if the payment that would take you overdrawn is insurance of some sort?
#18
fair enough pay a reasonable charge but 25 quid for going like 2p over your limit and sending out va letter to tell you is just plain daylight robbery

i imagine this wont be the end of it as people are getting ripped off
#19
greyparrot
i think they shouldnt allow anyone to go overdrawn at all so if they try to purchase something the payment should decline or if its a direct debit it should be declined as well.


Exactly.
#20
raptorcigs
this is bull "accept the charges" what other option do we have?


Don't go overdrawn, simple really.
banned#21
Rhianne
I went overdrawn by £1 odd the other month, a loaf of bread from Spar!! A&L charged me £5. A bit pathetic really considering it was payday the next day so they got their measly £1 back!!

Dearest loaf of bread i've ever bought!!

I forget about half I spend and thought I had money in my account ooops!!


so why not take control of your money and put an overdraft limit into place
#22
Rhianne
I went overdrawn by £1 odd the other month, a loaf of bread from Spar!! A&L charged me £5. A bit pathetic really considering it was payday the next day so they got their measly £1 back!!

Dearest loaf of bread i've ever bought!!

I forget about half I spend and thought I had money in my account ooops!!


You paid for a loaf of bread with a card lol didn't you have any cash :?
banned#23
deb8z
You paid for a loaf of bread with a card lol didn't you have any cash :?


would have rather raided the kids penny jar than paid for a loaf of bread on a card
#24
tinktink
so your saying £32.50 is a fair charge/penalty for maybe going even £1p overdrawn ???? especially for people in the last 12 months of this recession ?


That's one bank. If you shop around you'll find banks that don't charge that much. I'm with the natwest and the most I've ever been charged is £7.50. I'm in the recession to and I don't overspend because I don't have the money at the moment. It's time people started taking responsibility for their own actions and stop expecting to get bailed out.
#25
chester123
What happens if the payment that would take you overdrawn is insurance of some sort?


well then its down to the person to make sure they have the money in at least they couldnt complain about charges then. so if its say car insurance then tough you cant drive till you can afford to pay it simple as that.
#26
sassie
would have rather raided the kids penny jar than paid for a loaf of bread on a card


lol !!

I don't use my card much,i prefer to have cash.
banned#27
deb8z
lol !!

I don't use my card much,i prefer to have cash.


i tend to use cards and pay the end of the month, dont tend to carry cash, but always enough cash for bits and bobs, also get a bit f cashback at end of year from cards, every little helps ;-)
#28
If banks didnt give you an overdraft then say your mortgage payment was due and you were £2 short... you dont want your payment to bounce and your mortgate company on the phone... so i understand why the banks make sure your bills are paid and let you go into an overdraft... i do agree they should charge you for it but maybe not £35.. if your constantly living out of your overdraft and always in it then i think you should pay a lot but if its once a year for a silly amount like a couple of quid then it shouldnt be £35. But if they did stop all the fines imagine the people who would go into their overdraft for the sake of it.... you cant expect the bank to lend you money for free.

Why cant people just budget and make sure they are spending what the actually have... if your living in your overdraft then you need to sort your self out!
#29
If this had gone through we would have all paid one way or another, At least this way it is only the people who go overdrawn who pay,
#30
The point is of course that if you don't have much money and borrow 1p from the bank for a loaf of bread, they'll charge you £25 for it, then of course when the £25 comes out (which is a ridiclous amount for borrowing 1p!!) you probably won't have the money to pay for it so it'll come out of an overdraft again and you'll get charged another £25. This could go on and on for years with the total charge being in the thousands, FOR THE SAKE OF BORROWING 1P!!!!!!!
#31
[QUOTE=Smaybelline]If banks didnt give you an overdraft then say your mortgage payment was due and you were £2 short... you dont want your payment to bounce and your mortgate company on the phone... so i understand why the banks make sure your bills are paid and let you go into an overdraft... i do agree they should charge you for it but maybe not £35.. if your constantly living out of your overdraft and always in it then i think you should pay a lot but if its once a year for a silly amount like a couple of quid then it shouldnt be £35. But if they did stop all the fines imagine the people who would go into their overdraft for the sake of it.... you cant expect the bank to lend you money for free.

Why cant people just budget and make sure they are spending what the actually have... if your living in your overdraft then you need to sort your self out![/QUOTE]

Exactly!
#32
tonyg1962
If this had gone through we would have all paid one way or another, At least this way it is only the people who go overdrawn who pay,


Yes... there are rules in place for a reason. And if people dont like the charges why did they accept it when they signed up for that bank account?

And there was rumour that if this had gone through then they were going to start charging people at every single ATM to take money out..... so we would have all ended up being penalised for a certain percentage of the population that cant budget!
#33
tonyg1962
If this had gone through we would have all paid one way or another, At least this way it is only the people who go overdrawn who pay,


I'd heard they were talking about charging customers for using cash machines etc,anything to claw back some money:w00t:
banned#34
Smaybelline
If banks didnt give you an overdraft then say your mortgage payment was due and you were £2 short... you dont want your payment to bounce and your mortgate company on the phone... so i understand why the banks make sure your bills are paid and let you go into an overdraft... i do agree they should charge you for it but maybe not £35.. if your constantly living out of your overdraft and always in it then i think you should pay a lot but if its once a year for a silly amount like a couple of quid then it shouldnt be £35. But if they did stop all the fines imagine the people who would go into their overdraft for the sake of it.... you cant expect the bank to lend you money for free.

Why cant people just budget and make sure they are spending what the actually have... if your living in your overdraft then you need to sort your self out!


but it is so much easier to blame others
1 Like #35
Smaybelline
Yes... there are rules in place for a reason. And if people dont like the charges why did they accept it when they signed up for that bank account?

And there was rumour that if this had gone through then they were going to start charging people at every single ATM to take money out..... so we would have all ended up being penalised for a certain percentage of the population that cant budget!


SNAP i just said the same lol
#36
Benjimoron
The point is of course that if you don't have much money and borrow 1p from the bank for a loaf of bread, they'll charge you £25 for it, then of course when the £25 comes out (which is a ridiclous amount for borrowing 1p!!) you probably won't have the money to pay for it so it'll come out of an overdraft again and you'll get charged another £25. This could go on and on for years with the total charge being in the thousands, FOR THE SAKE OF BORROWING 1P!!!!!!!


Yes well in this case surely you would borrow the £25 and make sure its in the bank ready for when the bank take it out. I agree £25 is ridiculous for one of things like that.. im talking about the people who are constantly dipping in because they cant be bothered to check their bank and make sure they have enough money :thumbsup:
#37
sassie
but it is so much easier to blame others


Well yeah.... why should i be penalised in the future because people are moaning about going overdrawn.. yeah its crap that you get charged but thats the rule... why cant people just stick to the rules. You dont have the money you dont buy or you will go overdrawn and get charged.... Simples :whistling:
banned#38
every person who has a bank account should have an overdraft for mishaps/misjudging etc,etc those living in it and continually going over it should be charged, not to the degree some are, but then that doesnt seem to stop them so they obviously dont want to take control of their finances so maybe the other option is for banks to close their accounts
#39
My account with HSBC does not have any charges at all.

I was worried they would lose and I may have to start paying.
#40
chester123
My account with HSBC does not have any charges at all.

.


Exactly... those people moaning should find banks with no charges.... simple

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!