Nationwide bank charges £1900.00 - Page 2

BankFodder · 11th March 2010, 05:21

How long have you had your account? Have you any of the T&Cs realting to it? Have you any correspondence from them relating to the charges?

tosh1 · 11th March 2010, 17:23

i have had account over 10 years. theve never sent me letters about the charges and i dont have any terms and conditions autolinker.com autolinking image

BankFodder · 11th March 2010, 17:28

It is very unusual that you have received no correspondecne about charges. They are required to notify you of them.

When did you first start to receive charges?

Have you started a claim or did you just write to them?

tosh1 · 11th March 2010, 17:49

i started recieving them a few years. since then i have transferred all the direct debits to a different account and just keep £1.00 in there.

i have just written to them, and want to start a claim as i do not feel there response to all my questions - 'your argument is simply another way of saying the charges are too high' is correct.

caro · 12th March 2010, 01:17

I have an online account with smile, and have never had a letter about charges from them. It's all on line secure messages. I don't know about Nationwide autolinker.com autolinking image

.

indebtstudent · 12th March 2010, 13:16

"It is the operation of the account that gives rise to the application of charges, not
the charges, themselves."

Except that they clearly do. Ok the first charge is caused by the customer (and the bank for it draws up the contract and chooses to charge) , but with no further action £30 becomes thousands.

AA99 · 8th April 2010, 22:22

indebtstudent · 9th April 2010, 09:01

They are trying to say the charges are caused by your actions, the original charge for the unpaid or paid item IS but the resultant snowball effect is due in part to thier charging structure and the fact the charges are applied to the account.

BTW out of interest autolinker.com autolinking image

are Nationwide autolinker.com autolinking image

now using the service charges argument? If so I'd ask why they used to say in the past the charges were to cover thier costs.

tosh1 · 14th April 2010, 01:12

Thanks for reply indebtstudent.

Nationwide autolinker.com autolinking image

are stating that my claim for a refund is another way of me saying that the charges are too high.

i am looking for an argument that will stop this in the tracks.

indebtstudent · 14th April 2010, 10:24

I'm sure there is one at this time, however I can see no harm in you pursuing this avenue (if people can make a suggestion where to go) at the same time as going down the hardship autolinker.com autolinking image

line.

What was the situation? What makes you think you were in hardship? I ask this because you need to prove you were in genuine difficulty I've been back through the thread quickly and didn't see this info. Apologies if I've missed it.

indebtstudent · 14th April 2010, 10:34

This is the bit that caught my attention

"Your claim boils down to an argument that the
_relationship_betweetLyou and Nationwide autolinker.com autolinking image

is unfai.t..by reason.of the way in which you
have operated your account."

and

"(5) It is the operation of the account that gives rise to the application of charges, not
the charges, themselves."

It seems to me you have not 'operated the account' for sometime and it is thier charges and interest autolinker.com autolinking image

on said charges alone which constitute the 'debt'. There must be a way round this.

Personally I'd try the fos autolinker.com autolinking image

if you think you do have a case for hardship autolinker.com autolinking image

, I mean you've been on with this since 08 so what harm can a little more time do.

I do think regardless of the outcome of the test case autolinker.com autolinking image

there should have been some sort of cap put on the charges. Oh and finally Nationwide' claim about being some of the lowest charges WAS true, but now they are middling to poor. Natwest autolinker.com autolinking image

's charges are much lower.

11th March 2010, 05:21	#21 (permalink)
BankFodder Site Team The Consumer Action Group Where else can you earn 8% interest on your money? Start your County Court claim NOW!!! Cagger since : Jan 2006 I am in: Please consider making a donation if we have helped you. Thanks Posts: 12,004	Re: Nationwide bank charges £1900.00 How long have you had your account? Have you any of the T&Cs realting to it? Have you any correspondence from them relating to the charges? __________________ Please don't pm me about specific questions unless you have posted and it has not been dealt with or unless the matter is confidential. Please include a link to the post you want me to look at. If you have received a defence, contact me. Advice & opinions of BankFodder, The Consumer Action Group and The Bank Action Group are offered informally, without prejudice & without liability. Use your own judgment. Seek advice of a qualified insured professional if you have any doubts.

11th March 2010, 17:23	#22 (permalink)
tosh1 Basic Account Holder Help the CAG!! Download our toolbar Try our new digital signature service Cagger since : Aug 2008 I am in: LEICESTERSHIRE Posts: 481	Re: Nationwide bank charges £1900.00 i have had account over 10 years. theve never sent me letters about the charges and i dont have any terms and conditions

11th March 2010, 17:28	#23 (permalink)
BankFodder Site Team The Consumer Action Group Is your bank avoiding its debts Data disclosure poll Cagger since : Jan 2006 I am in: Please consider making a donation if we have helped you. Thanks Posts: 12,004	Re: Nationwide bank charges £1900.00 It is very unusual that you have received no correspondecne about charges. They are required to notify you of them. When did you first start to receive charges? Have you started a claim or did you just write to them? __________________ Please don't pm me about specific questions unless you have posted and it has not been dealt with or unless the matter is confidential. Please include a link to the post you want me to look at. If you have received a defence, contact me. Advice & opinions of BankFodder, The Consumer Action Group and The Bank Action Group are offered informally, without prejudice & without liability. Use your own judgment. Seek advice of a qualified insured professional if you have any doubts.

11th March 2010, 17:49	#24 (permalink)
tosh1 Basic Account Holder Help the CAG!! Download our toolbar Worried about your signature being copied onto CCAs etc? Use SignGuard Cagger since : Aug 2008 I am in: LEICESTERSHIRE Posts: 481	Re: Nationwide bank charges £1900.00 i started recieving them a few years. since then i have transferred all the direct debits to a different account and just keep £1.00 in there. i have just written to them, and want to start a claim as i do not feel there response to all my questions - 'your argument is simply another way of saying the charges are too high' is correct.

12th March 2010, 01:17	#25 (permalink)
caro Site Team Try our new digital signature service Cagger since : Mar 2006 I am in: Back home at last!! Posts: 19,439	Re: Nationwide bank charges £1900.00 I have an online account with smile, and have never had a letter about charges from them. It's all on line secure messages. I don't know about Nationwide. __________________ 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.

12th March 2010, 13:16	#26 (permalink)
indebtstudent Classic Account Holder Help the CAG!! Make a contribution Your bank owes you an awful lot more money than you realise See here Cagger since : Jan 2007 Posts: 1,457	Re: Nationwide bank charges £1900.00 "It is the operation of the account that gives rise to the application of charges, not the charges, themselves." Except that they clearly do. Ok the first charge is caused by the customer (and the bank for it draws up the contract and chooses to charge) , but with no further action £30 becomes thousands.

8th April 2010, 22:22	#27 (permalink)
AA99 Classic Account Holder Help the CAG!! Make a contribution Protect your signature with SignGuard Cagger since : Sep 2008 Posts: 2,109	Re: Nationwide bank charges £1900.00 Bump

9th April 2010, 09:01	#28 (permalink)
indebtstudent Classic Account Holder Help the CAG!! Make a contribution Give yourself a better chance with our claims guides and litigation kits Cagger since : Jan 2007 Posts: 1,457	Re: Nationwide bank charges £1900.00 They are trying to say the charges are caused by your actions, the original charge for the unpaid or paid item IS but the resultant snowball effect is due in part to thier charging structure and the fact the charges are applied to the account. BTW out of interest are Nationwide now using the service charges argument? If so I'd ask why they used to say in the past the charges were to cover thier costs.

14th April 2010, 01:12	#29 (permalink)
tosh1 Basic Account Holder Help the CAG!! Download our toolbar Worried about your signature being copied onto CCAs etc? Use SignGuard Cagger since : Aug 2008 I am in: LEICESTERSHIRE Posts: 481	Re: Nationwide bank charges £1900.00 Thanks for reply indebtstudent. Nationwide are stating that my claim for a refund is another way of me saying that the charges are too high. i am looking for an argument that will stop this in the tracks.

14th April 2010, 10:24	#30 (permalink)
indebtstudent Classic Account Holder Help the CAG!! Make a contribution Your bank owes you an awful lot more money than you realise See here Cagger since : Jan 2007 Posts: 1,457	Re: Nationwide bank charges £1900.00 I'm sure there is one at this time, however I can see no harm in you pursuing this avenue (if people can make a suggestion where to go) at the same time as going down the hardship line. What was the situation? What makes you think you were in hardship? I ask this because you need to prove you were in genuine difficulty I've been back through the thread quickly and didn't see this info. Apologies if I've missed it.

14th April 2010, 10:34	#31 (permalink)
indebtstudent Classic Account Holder Help the CAG!! Make a contribution Our auction sniper is now live. Try it for free Cagger since : Jan 2007 Posts: 1,457	Re: Nationwide bank charges £1900.00 This is the bit that caught my attention "Your claim boils down to an argument that the _relationship_betweetLyou and Nationwide is unfai.t..by reason.of the way in which you have operated your account." and "(5) It is the operation of the account that gives rise to the application of charges, not the charges, themselves." It seems to me you have not 'operated the account' for sometime and it is thier charges and interest on said charges alone which constitute the 'debt'. There must be a way round this. Personally I'd try the fos if you think you do have a case for hardship, I mean you've been on with this since 08 so what harm can a little more time do. I do think regardless of the outcome of the test case there should have been some sort of cap put on the charges. Oh and finally Nationwide' claim about being some of the lowest charges WAS true, but now they are middling to poor. Natwest's charges are much lower. __________________ The views I express here are mere speculation based on my experience. I am not qualified nor insured to give legal advice and any action you take will be at your own risk.

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