Prevention of Excessive Charges Bill

alanfromderby · 22nd April 2009, 09:45

Prevention of excessive charges Bill - Mr Mohammad Sarwar

Govan Law Centre's bank and consumer charges bill is to be debated next week after Prime Minister's Question Time - sometime around midday. It is a great chance for us to call for urgent change at a UK level - as you know these insidious charges result in poverty and serious misery for many people, and lead or contribute to eviction and repossession.

What's on: Parliamentary Calendar

http://www.govanlc.com/excessive%20c...ill%202009.pdf

yourbank · 22nd April 2009, 11:46

I am really thick. What day is it being debated cos I can't find it on that link?

yourbank · 22nd April 2009, 11:54

I got it,
Forthcoming Business of the Commons
29th April 2009

yourbank · 22nd April 2009, 12:14

Just to add that it is a 10 minute bill. Having looked at historically how many bills have then gone on to get Royal Assent then it is unlikely to go that far but it is a good thing that MP's are debating excessive charges autolinker.com autolinking image

in the House of Commons.

car2403 · 22nd April 2009, 12:35

Link updated

caro · 25th April 2009, 20:01

I've emailed my MP and asked him to support the bill. Given the short timescale before this is debated I'd urge others to do the same.

kiptower · 25th April 2009, 20:14

the wording of the Bill

Prohibition of excessive fees or charges on consumers

(1) In any agreement regulated under the Consumer Credit Act 1974 or
any contract where one of the parties is a consumer it shall be unlawful
to impose a charge, fee or series of charges and fees for a consumer’s
default or failure to do something under that contract which is greater
than 2.5% of the actual value of the default or failure.

(2) In any contract for the provision of banking services regulated under
the Consumer Credit Act 1974 where a consumer exceeds or attempts
to exceed their agreed overdraft autolinker.com autolinking image

limit or funds available, it shall be
unlawful for the provider of that contract to impose a charge, fee or
series of charges or fees in excess of 2.5% of the actual value of the
sum the consumer exceeds or attempts to exceed their agreed overdraft
limit or funds available by.

(3) In this Act, “consumer” means any natural person who, in contracts
covered by this Act, is acting for purposes which are outside his or her trade, business or profession.

andie_303 · 25th April 2009, 20:22

Paddy Tipping MP will have my email in his inbox urging him to support this when he gets to his office on Monday morning

kiptower · 25th April 2009, 20:30

I would say as in section 2 it will screw the Banks with charges, it clearly states,

max of 2.5% of the actual value of the sum the consumer exceeds or attempts to exceed their agreed overdraft autolinker.com autolinking image

limit or funds available by

22nd April 2009, 09:45	#1 (permalink)
alanfromderby Site Team Protect your signature with SignGuard Cagger since : Mar 2006 I am in: ...tent on having a great Christmas - and an even better New Year!!! Posts: 6,807	Prevention of Excessive Charges Bill Prevention of excessive charges Bill - Mr Mohammad Sarwar Govan Law Centre's bank and consumer charges bill is to be debated next week after Prime Minister's Question Time - sometime around midday. It is a great chance for us to call for urgent change at a UK level - as you know these insidious charges result in poverty and serious misery for many people, and lead or contribute to eviction and repossession. What's on: Parliamentary Calendar http://www.govanlc.com/excessive%20c...ill%202009.pdf __________________ Alan, Derby, UK. PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS Or you may wish to buy one of these great resources: Lawpack - Small Claims Kit - £10.99 Small Claim Procedure: A Practical Guide - £17.10 Last Will & Testament Kit - £9.99 Fight a Motoring Ticket Kit - £9.99 Postage £1.50 - Delivery in the UK only. Click on the above link to place your order - payment by Paypal. _________________________ _______ Sorry, but I cannot deal with your case by PM - please ask questions in your own thread. If you do not get a reply within 48 hours send a PM, with a link to the relevant thread, to any Site Team Member. DO NOT SEND QUESTIONS ABOUT YOUR CLAIM TO ADMIN, or our WEBMASTER - YOU WILL NOT RECEIVE A REPLY. Advice given is purely my opinion, and is not based on any legal training. Last edited by car2403; 22nd April 2009 at 12:34. Reason: correcting 2nd link ;o)

22nd April 2009, 11:46	#2 (permalink)
yourbank Gold Account Holder Protect your signature with SignGuard Cagger since : Jun 2008 Posts: 4,491	Re: Prevention of Excessive Charges Bill I am really thick. What day is it being debated cos I can't find it on that link? Last edited by car2403; 22nd April 2009 at 12:36. Reason: Removing reference to the link not working, as I've fixed it ;o)

22nd April 2009, 11:54	#3 (permalink)
yourbank Gold Account Holder Worried about your signature being copied onto CCAs etc? Use SignGuard Cagger since : Jun 2008 Posts: 4,491	Re: Prevention of Excessive Charges Bill I got it, Forthcoming Business of the Commons 29th April 2009

22nd April 2009, 12:14	#4 (permalink)
yourbank Gold Account Holder eBay user? Find misspellings and zero-bid items Cagger since : Jun 2008 Posts: 4,491	Re: Prevention of Excessive Charges Bill Just to add that it is a 10 minute bill. Having looked at historically how many bills have then gone on to get Royal Assent then it is unlikely to go that far but it is a good thing that MP's are debating excessive charges in the House of Commons.

22nd April 2009, 12:35	#5 (permalink)
car2403 Site Team Watch out, there are Claims Touts about! Cagger since : Apr 2007 I am in: a right hissy fit!!! Posts: 9,132	Re: Prevention of Excessive Charges Bill Link updated

25th April 2009, 20:01	#6 (permalink)
caro Site Team We need funds Please donate something Cagger since : Mar 2006 I am in: Back home at last!! Posts: 18,420	Re: Prevention of Excessive Charges Bill I've emailed my MP and asked him to support the bill. Given the short timescale before this is debated I'd urge others to do the same. __________________ Sign the petition linked below to stop bank charges and get our money back!! Petition to: Stop unfair bank charges and return the charges retrospectively. \| Number10.gov.uk Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007 Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06 Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007 Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

25th April 2009, 20:14	#7 (permalink)
kiptower Classic Account Holder Watch out, there are Claims Touts about! Cagger since : Sep 2008 Posts: 1,564	Re: Prevention of Excessive Charges Bill the wording of the Bill Prohibition of excessive fees or charges on consumers (1) In any agreement regulated under the Consumer Credit Act 1974 or any contract where one of the parties is a consumer it shall be unlawful to impose a charge, fee or series of charges and fees for a consumer’s default or failure to do something under that contract which is greater than 2.5% of the actual value of the default or failure. (2) In any contract for the provision of banking services regulated under the Consumer Credit Act 1974 where a consumer exceeds or attempts to exceed their agreed overdraft limit or funds available, it shall be unlawful for the provider of that contract to impose a charge, fee or series of charges or fees in excess of 2.5% of the actual value of the sum the consumer exceeds or attempts to exceed their agreed overdraft limit or funds available by. (3) In this Act, “consumer” means any natural person who, in contracts covered by this Act, is acting for purposes which are outside his or her trade, business or profession. __________________ NEVER FORGET Help Our Hero's Website http://www.helpforheroes.org.uk/ HIGHWAY OF HEROES http://www.consumeractiongroup.co.uk...-our-lads.html please add your name here http://petitions.number10.gov.uk/HOMAGE/ Deadline to sign up by: 27 January 2010 – Signatures: 9,927 Like Cooking ? check the Halogen Cooker thread http://www.consumeractiongroup.co.uk...n-cookers.html

25th April 2009, 20:22	#8 (permalink)
andie_303 Classic Account Holder eBay user? Find misspellings and zero-bid items Cagger since : Jan 2009 Posts: 2,905	Re: Prevention of Excessive Charges Bill Paddy Tipping MP will have my email in his inbox urging him to support this when he gets to his office on Monday morning

25th April 2009, 20:30	#9 (permalink)
kiptower Classic Account Holder Protect your signature with SignGuard Cagger since : Sep 2008 Posts: 1,564	Re: Prevention of Excessive Charges Bill I would say as in section 2 it will screw the Banks with charges, it clearly states, max of 2.5% of the actual value of the sum the consumer exceeds or attempts to exceed their agreed overdraft limit or funds available by