 What is the difference between secure and unsecured credit? |
| I hear about it all the time but really don't know the difference between the two. Could you also give some examples of both? Thanks for the help!... |
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 Advice on establishing credit? |
| I'll be 19 years old come May. I am a freshman in college and I have about $11,000 in the bank in stocks and other areas. It's making me some nice interest. My current job brings me about $7... |
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| Am I secretly the type of borrower creditors love? |
| I consume a lot and up to my armpits in debt. I always make my payments with the occasional late fee added on. I pay over 2000 in interest each month but I still get treated like a bytch by my ... |
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 Why can't I get a credit card? |
| I am 19 years old and a college student. I want to get a credit card to establish credit and to help later down the road in life (like a car or house). I don't have a job, but can pay for ... |
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 I'm thinking about filing for bankruptcy I maybe have about a little over $6000 in personal credit card debt |
| plus an auto loan I did for someone in 2002, my debt is more than my income. Does anyone know if it would make sense for me to file for such a small amount. I have already talk to a lawyer's ... |
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 I co-signed a car loan and now the friend went missing. I've made 3 of the car payments.? |
| I've got to get ahold of this car to sell or something. Once I find my "friend", how can I get the car away? Will the police help? Wondering what to do? I can't keep making these ... |
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 Can i sue a company that reported a $64,000 mortgage on my credit for 10 yrs that's not mine? |
| i have called the company but they have no record of me.its was reported from 1994-2003 now no one knows who made the ... |
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 Capital One refused me? |
| I was wondering. I applied for their CC a while ago and the letter stated the there is no info available or info missing from each of the credit agencies. Fair enough, I didn't have any credit. W... |
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 Do drug dealers accept credit cards? |
| Not everyone wants to use cash when they go buy there weekly stash of coke. Do drug dealers accept credit cards?... |
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 If i have £12,000 debt to credit cards. a £20,000 mortgage. And live in Scotland. Is going bankrubt an option? |
i don't want to lose my house. but don't want to spend next 3-4 years clearing C.card debt.(i'd like to reduce my mortgage instead.) thanks for any advice.
Additional Details<... |
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 Washington Mutual Credit card? |
| hello, I got a mail with a credit card offer from Washington Mutual Bank, got online and got approved for a Visa Platinum with a $500.00 credit line. From what I've read it's a good card ... |
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 Can i have credit card of ICICI bank without opening account in the bank..? |
If yes, Does i need to have some security deposit..
If yes,, how much..... |
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 Are credit cards even necessary? |
| Do I need one? Why should I get one? Do I need one to buy a car? Can't I just save up? I have a savings account right now. Soon I will be getting a student checking account. I think I would ... |
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 Is it possible with somone with really bad credit to fincance/buy a new home? |
| Past bad credit due to divorce and other negative situations..now situation is better, good, stable job.... |
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 Is it true using more than 30% of your credit limit is bad? |
I heard this will affect something called your utilization rate and result in bad credit.
I have a $500 dollar limit on my capitalone card... How am I supposed to use only $150 a month? T... |
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 Do credit card companies ever give up on collecting money you owe them? |
| My son kept getting offers from different companies and he signed up and was given a liberal credit limit. He had a good job at the time, but has been laid off now and can't pay even the minimum.... |
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 I have over $ 10,000 in credit card debt. Should I consolidate,bankruptcy or cash in my Ira and pay it off? |
| I do not own a home so would have to use a debit consolidation company. I have just enough in my IRA to pay it all off. I can only afford to payy about $250 a month toward the debt. . What are the ... |
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 Im trying to find a credit card I can get approved for? |
| I have NO credit, and want to get approved for a non secured credit card. Is there anyone that has been in a simular situation and found a card that they can get approved for?... |
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cecilefaith87 | In U.K got letter saying I have a bank charge to be paid by certain date, thought they were illegal now? |
shall I pay and contest it later or not pay it? If I don't pay it will they try and tack on another charge? |
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Mark B
 |
I would guess that the bank are just informing you that they will take the charge from your account on a certain date. They don't normally ask for payment to be made, they just take it.
As the test case is still going through its long legal process, if you try to reclaim bank charges your case will be put on hold.
You don't specifiy what the charge is for, but regular account fees or overdraft interest charges are enforceable contractual terms and so are not reclaimable. However, charges for payments made or refused while overdrawn may be unenforceable and you may be able to reclaim in the future.
Alternatively, if it is just a one-off ask that it be cancelled and the bank may do so or reduce it to keep your custom. |
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dunrobin46
 |
Bank charges are perfectly legal and you should certainly pay. If you don't there will be further charges to pay.
I think you are confused by a court case that some people are taking about some charges being too high, that is a completely different issue. |
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Everona97
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Unfortunately, charges are still in place. Call your bank and talk about it. I don't know what are your circumstances are but it worth to check with every single charge before paying it |
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Hannahboo
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hi, unfortunately they are legal, but there is a court case going on, you should ring head office, as they will wave one charge a year for you, so give them a ring, also they have to give us 22 days notice, which they often dont. |
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Avalon
 |
no they are not illegal....if you go overdrawn then expect to pay the charges |
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ITMatt
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Bank charges are not illegal, it was the high bank charges that were contested. If you're being charged more than 12GBP, then you may have a case to have the difference refunded, otherwise, you're responsible for paying the charge. At the end of the day, it's your responsibility to manage your finances better - not the bank. |
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focus
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Bank charges are not illegal and you should pay it. |
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confused
 |
it depends how much they are charging.. they will just take it from your account anyway.... if there is no money in the account then write to them saying that the fee is too high ect.... i think they can charge something it not clear yet |
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Eternals Blissyღ
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Depending on what type of account and which bank you do your banking at, they are allowed to charge for over draft fees. The court case you are thinking of is because some banks were/are charging upwards of over £35 for each over draft when it has been proven that the actual charges are less then £13 each.
Because you agreed to that account, they will charge the fee specified. You might want to look into different types of accounts and interest rates, or do as my daughter has done and open a separate savings account so if there is ever a over draft it automatically deducts it from her savings and she does not have the fee.
Our bank settled with us before the court case started. They were charging £35 for each over draft. I think that is horrible.
I prefer the American way of banking, if there is a overdraft fee, they take it that day, not 28 days later when I have forgotten it and do not account for it being in my account so I am overdrafted yet again. It is like tumbling domino's when that happens. |
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definitionofsuccess
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Bank charges are not illegal in the UK. If you don't pay they only write again and charge you more and they will take it directly from your account anyway. Best way is to speak with them, tell them you are unhappy with the charge and try and negotiate a reduction. Ultimately if your still unhappy let them know you will take your account somewhere else and see what they say. |
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David H
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Don`t go overdrawn, or they will hammer you. Everyone knows that now. |
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