Jamescorsa97
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Registered: 19th Aug 04
Location: Middlesbrough Drives: Cliosport 182
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I don't know if this is a repost but has anyone seen this yet?
Will this set a precedent for any future claims?
http://news.bbc.co.uk/1/hi/business/6657025.stm
Again...sorry if it's a repost
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Carl
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Registered: 9th May 04
Location: Jimmy Bennett's la la land.
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sounds like the judge is a nob, and either wants a bit of publicity or hasn't got a clue. lukily;
As this judgement has come from a district judge, it is not binding on any other court, in the way that a High Court judgement might be.
so doubt it will set a precedent, the fees are unjustifiable, the guy claiming must have had a poor solicitor for him not to be able to argue that.
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Jamescorsa97
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Registered: 19th Aug 04
Location: Middlesbrough Drives: Cliosport 182
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My thought's were similar to your with it being a district judge.
My letter is currently being dealt wiht by A & L so i was kinda hoping it had no effect on my claim  .
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Fee
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Registered: 16th Nov 05
Location: With AK
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It will begin to have an affect...
now that a judge has held in favour of a bank, banks might not pay out refunds as easily
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Hammer
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Registered: 11th Feb 04
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The banks won't be handing out refunds so willy nilly in future now they know that there's a case not to.
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dave17
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Registered: 3rd Sep 02
Location: Greater London
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bollocks, i still havent got round to this 
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abdus
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Registered: 23rd Feb 06
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the first step for banks charging people a fee to have an account with them...The words used are 'the price of the services provided by the bank'
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Steve
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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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i think this will make banks think twice about taking it all the way to court, we'l probably see a lot more cases go to court now.
However i can see this being a one off, and he might even win his appeal.
Any judge worth his salt wouldnt have given this
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Dean_W
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Registered: 13th Dec 05
Location: Downham Market, Norfolk
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quote:
Originally posted by Steve
However i can see this being a one off, and he might even win his appeal.
Any judge worth his salt wouldnt have given this
For once Steve, i agree with you 
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Conway563
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Registered: 7th Jun 06
Location: Yate, Bristol
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Hope this doesn't start a precedent as I received only received my statements today.
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Hammer
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Registered: 11th Feb 04
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quote:
Originally posted by Steve
Any judge worth his salt wouldnt have given this
Why? it all depends on his personal interpretation of what is deemed as a fair price for bank charges in the first place, if he thinks 30 or 40 quid a time is a sufficient compensation to the bank then that's his own opinion.
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Steve
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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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so the office of fair trading is incorrect, yet a county judge who just does this kind of thing in his spare time with litte legal knowledge on the subject knows better?
id say it was a publicity thing
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Hammer
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Registered: 11th Feb 04
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You'd probably be right as always then Steve tbph.
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Steve
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Registered: 30th Mar 02
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just imo, id like to see his appeal though
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Carl
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Registered: 9th May 04
Location: Jimmy Bennett's la la land.
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quote:
Originally posted by Hammer
quote:
Originally posted by Steve
Any judge worth his salt wouldnt have given this
Why? it all depends on his personal interpretation of what is deemed as a fair price for bank charges in the first place, if he thinks 30 or 40 quid a time is a sufficient compensation to the bank then that's his own opinion.
his opinion stinks then 40 quid charge for something that would incur a max of 4 quid admin charges. Talk about kicking people when they are down, and rubbing salt into their wounds, thats sheer bum rapage!
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abdus
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Registered: 23rd Feb 06
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quote:
Originally posted by Steve
county judge who just does this kind of thing in his spare time with litte legal knowledge on the subject knows better?
No his knowlegde of the law is better though, imo...you applied law with the facts
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Steve
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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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county judges have zero legal knowledge, they are just pensioners who do it in there spare time lol, they are only required to know about what penalties are issued for certain crimes, most of the time they take advice from there assistants
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ssj_kakarot
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Registered: 29th Apr 03
Location: hartlepool
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meh will get overturned when it goes to a higher court its not binding so no worries.
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AndyKent
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Registered: 3rd Sep 05
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IMO when you open the account you know that going overdrawn means you will incur charges. I don't go overdrawn so it doesn't cost me anything.....I don't see anything wrong with the charges - its how they make their money....
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RyanSxi
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Registered: 26th Jul 06
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if you read up on this case though. iirc the bloke didn't get the evidence to show the charges. so he had nothing to back up him claims.
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Steve
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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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quote:
Originally posted by aPk
IMO when you open the account you know that going overdrawn means you will incur charges. I don't go overdrawn so it doesn't cost me anything.....I don't see anything wrong with the charges - its how they make their money....
your right, i mean they dont charge interest on anything do they 
most banks make there money from loans and credit cards these days, banks are not meant to profit from your current accounts
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AndyKent
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Registered: 3rd Sep 05
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I see what you're saying Steve, but nothing in life is free....
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ssj_kakarot
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Registered: 29th Apr 03
Location: hartlepool
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um chargin some one £40 for going £1 in negative in there account is quite over the top dont you think.
Banks make most of there money from the stock market/venture capital ect using our money ect ect.
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ssj_kakarot
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Registered: 29th Apr 03
Location: hartlepool
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especially when they make 40 billion profit a year .......
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Hammer
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Registered: 11th Feb 04
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quote:
Originally posted by Steve
banks are not meant to profit from your current accounts
Of course they're not they're doing it out of the good of their hearts.
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