Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

[stevokenevo]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

I doubt that Justice Smith even opens his post, let alone reads it.

.

It's quite likely that Justice Smith may not read the email, but IMO it should definitely be sent and I will be sending it over the weekend together with short explanatory note.

Regards Budgie

For some reason i hope he does not open/check his mail, because i know if it was me i would not appreciate the pestering/harrasment.

If you dont mind, if you insist on sending it, could you post up the explanatory note that you attach also.

Cheers :okay:

S

[theGobbyOne]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

£75 even Dick Turpin wore a bloody mask!!!!!!!!!!!!!!!!!

And just so ya know Halifax allow disctretion on £30 OD but only if you have an overdraft!!!!!!!!!!!!!

[righty]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

Many consumers don't realize that one of the main reasons banks no longer inform customers, in writing, that they have gone overdrawn or & that they won't be honouring a DD is that they, such as Abbey, allow the same DD to be presented up to 3 times in a single day thereby generating 3 separate penalty charges which in the Case of Abbey amounts to £105 in a single day - this figure does not include the increased interest applied to the whole balance for going overdrawn - the new system of charging described here is just another way of retaining the same amount in charges therefore profits

[Nattie]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

how can the exact same DD be presented three times in ONE day? Three DD's to the same company and different reference number but not the same one. I speak for NatWest in that if it is returned twice within three months that it is automatically cancelled. The DD provider would not know about a return until the 3rd day after presentation. Can you explain that anomaly in Abbey's processes?

[righty]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

Nattie No I cannot but I can assure it's certainly correct as far as Abbey is concerned & I have the debtors bank statement to prove it. The DD in question has the same number showing that it is the same DD being being rejected 3 times in the same day.

Consider this - why else would the banks seek to change the banking code, other than in their T's & C's, so that they no longer have to advise customers of their refusal of payment

[Nattie]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

rbs/natwest do not under certain circumstances advise of the return of a DD/Standing order.
With regards to my question, the debtor should be asking if the reference numbers for the payment are the same. Those things are not on the Statements. There is in my mind an element in which the DD provider MAY have been at fault in the setting up of the DD's. I am unfamiliar with Abbey Statements so am unsure of their layout and what is contained. Are they the same sort of format as NatWest, ie date Returned Item, name of it and amount claimed, etc,etc,?

[righty]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

They used to be required to inform the customer of the refusal to pay a DD or cheque but they changed their T's & C's a few years ago which allowed them to drop this requirement.

The reference numbers are on the statement & they are all the same & further enquiries later revealed they are for the exact same amount which was applicable to only one outstanding debt

Whether or not there was a mistake in setting up the DD does the bank not have a responsibility to the customer to refuse the repeated daily presentation of the DD they no won't be met & at the very least inform the customer that this is happening

[Nattie]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

Bank Hat on now. Should the bank act as a mother/father for an individual or maybe an accountant, telling them when they have not got the money to pay for Direct Debits that they have set up?
NatWest Bank changed their process about 5/6 years ago so that the first charge for an unpaid in 12 months is advised and that it says that no further letter will be sent and items will simply be bounced. The customer is then firstly aware of unavailable funds and could at that point arrange an extension of the overdraft to cover for future times when there is an overspend. The bank should if the same DD is being claimed cancel it because of the repeated returning of it. As i said, it is unlikely to happen with NatWest because of the reference number being the same.

[righty]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

Nattie I'm disappointed that despite all of the very valuable advice you have given on this & other forums you still suggest that debtors are responsible for their own misfortunes.

I would have hoped that being active in this arena you would have known by now that very often these penalty charges can appear without warning. Additionally even if notified that day the banks still claim that it will take some days before any payment the consumer may make to cover the DD is credited to the account. In the meantime other charges will accrue often making that payment insufficient to cover all of the outstanding DD's.

It's usually at this point that the debt spirals out of control leaving the victim without any real hope of resolving the situation.

I would also mention that not only does the bank apply penalty charges but also the company for who the DD was set up in the 1st place thereby exacerbating the situation to a much greater degree

[Nattie]

Re: Guess how Much Lloyds charge RUC Claimer for being £1.70 Overdrawn

read the first 4 words, "Bank Hat on now".
I have said the banks' view is that the individual is responsible for the running of the account not the Bank acting as a mother/father/accountant.
My views on the topic of bank charges are well known but I am both sides of the fence because I post against the way I work during the working week.