''Uswitch "fag-packet figures" are dangerous nonsense''

[EXC]

This had me in fits

http://www.bba.org.uk/bba/jsp/polopo...?d=145&a=10521

[pam1]

Re: ''Uswitch "fag-packet figures" are dangerous nonsense''

Like they need any help to be painted in a bad light:rolleyes:

[Paule]

Re: ''Uswitch "fag-packet figures" are dangerous nonsense''

This is from Uswitch:

Banks could earn £20.5 million in interest on frozen claims
Customers are stuck in limbo as claims against current account default charges are on hold until January 2008’s test case between the leading banks and the Office of Fair Trading (OFT). However the banks are not out of pocket!

Our research reveals that the ‘big freeze’ could mean almost one million claims, worth a staggering £713 million, being put on hold. By keeping this money from consumers, we estimate these frozen claims could net the banks an extra £20.5 million in interest over the next six months while the OFT prepares its case.

[pam1]

Re: ''Uswitch "fag-packet figures" are dangerous nonsense''

Ive always stated the length of time it took to get the banks to court was so they could find a way to cover thier loses.

The mortage rates, interest rates, people say they are not connected. I belive they are and its all been delayed for this purpose and an interest rate that was due was applied and applied and applied.

When they are all in bed together Government/FOS/OFT/Banks/ Courts ( law) its all connected, may as well sit round the tabel and drink a bottle of exspensive wine as im sure thats what they do anyway.

They are all looking after someones ass and it certainly is not ours and the largest sign of this is the banks being allowed to continue charges and we are not allowed to challange.

Dont real need any more proof than that one. ;-(

[Paule]

Re: ''Uswitch "fag-packet figures" are dangerous nonsense''

I have just watched the Uswitch live webcaht with their financial advisor, and he responded to the BBA statement by saying

As the banks wont disclose these figures we can only get them from consumers, if you want them to be accurate publish the actual figures

[pam1]

Re: ''Uswitch "fag-packet figures" are dangerous nonsense''

I have just watched the Uswitch live webcaht with their financial advisor, and he responded to the BBA statement by saying As the banks wont disclose these figures we can only get them from consumers, if you want them to be accurate publish the actual figures

Hard to belive this issue has been going on nearly 2 years and the size of the issue and that is the one thing that would settle everything. :devil: No one seems to be in authority of anything?