How do i get my money back from a fine i have recieved for going over my over draft? (yes i was stupid enough to go over it on more than one occation)
I have heard it is possible and would like any websites or contact numbers of people who can help me.
I have even heard that there is a company that helps you get your money back for a percentage.
would luv to get the robbin bastards back ! :-)
2006-10-17 04:14:08 · 13 answers · asked by livlifelivs 2 in Business & Finance ➔ Personal Finance
www.moneysavingexpert.com
lots of people are getting their money back.
2006-10-17 04:21:51 · answer #1 · answered by Chocoholic 4 · 0⤊ 0⤋
Somehow I was charged a total of £90 for being £17 over my limit and I was charged £35 once for being 0.47 p over the limit at one time.
I know most credit card companies are intending or already have started to reduce their previous charges for late payment fees or over the limit charges to somewhere between £12 to £15 - but banks are still charging amounts that are way too high.
Banks will just keep on being greedy pigs as long as they get away with it.
2006-10-17 04:41:06 · answer #2 · answered by snogger18 1 · 0⤊ 0⤋
No, ask for an overdraft first. Unauthorised overdrafts always get a high fee plus interest. If your income goes over £10,000 a year including everything - get a higher overdraft limit and a few credit cards to fall back on.
2006-10-17 04:28:54 · answer #3 · answered by Mike10613 6 · 0⤊ 0⤋
Hi. If you go to the WHICH web site you will find a link to their page, which will let you print out a letter already done by a solicitor and you just fill in the blanks, then send to your bank. As of from next month you will be able to sue any bank for charging you more than 50p per charge. I done this and got back all my charges plus £50.00 as a gesture of goodwill from Abbey National.
Rose
2006-10-17 04:42:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The best website i have found for this is called motley fool, they even have letters drafted up for you so you just have to add your details. I sent it off due to the fact that i got a fine for going over my over draft and then a fine because the fine bounced due to there being no money in my account DOH!!
2006-10-17 04:26:04 · answer #5 · answered by janetlouise24 4 · 0⤊ 0⤋
banks have charges for a reason so that you do not go against the rules however £60 seems a bit steep have a chat with your manager and see if you cant come to a solution together. you do not want to get on the wrong side of them as they may well cancel your overdraft and it sounds as if you need it
2006-10-17 04:24:00 · answer #6 · answered by A G 2 · 0⤊ 0⤋
i was just about to give you a great website when i saw the first person to answer already had done. This really is helpful.
There is actually no law that allows your bank to take your money therefore they have no rights.
Its just a liberty.
Get on the case straight away
2006-10-17 04:29:46 · answer #7 · answered by jenna p 3 · 0⤊ 0⤋
New legislation is that you cannot be fined more than £12 in charges by financial insitutions for any one 'error'. You should speak to the bank in the first instance, assuming these charges all relate to the same issue? even if they do, each one should not be more than £12 per fine.
Failing that speak to the CAB (citizen's advice bureau)
2006-10-17 04:29:46 · answer #8 · answered by Pington 3 · 0⤊ 0⤋
Go to this website:
http://www.govanlc.com/bankcharges.html
I know several people (including my gf) who have done this and it does work. There was an hour long program on Radio 2 about it the other day.
2006-10-17 04:23:31 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I'm sorry to hear that you got stung with a hefty £60 fine. I hope this site helps:
http://www.which.co.uk/reports_and_campaigns/money/campaigns/Banking%20and%20credit/The%20ASBO%20campaign/take_recovery_action_559_75004.jsp
2006-10-17 04:23:37 · answer #10 · answered by Anonymous · 0⤊ 0⤋