Monday, April 20, 2009

 

Thisismoney: bank charges

Comment I posted on thisismoney:

I had been penalised several times with unauthorised overdraft charges. I am running a small business and I have noticed that employed people with a stable job may judge those who take business risks and are entrepreneurial, my friends included! My friends prefer that I close my business in holistic therapies and "get a proper job". I know that my business is adding a lot of value to my clients experiencing stress and tension. Using an overdraft is just one of the tools available to manage your cashflow. My business was affected by the credit crunch and I got charged hundreds of pounds in fees. Luckily, both Alliance and Leicester and Nationwide gave me a refund of charges totalling £600. I am still waiting for Natwest to give me a £250 refund since August 2008. The fact that I got a refund of overdraft charge is a clear proof that the banking system is levying disproportionate fees. I have now written a book on debt related stress to share my story and top tips.


- Paola Bassanese, Energya Stress Management Solutions, London
Posted: 20 April 2009, 7:58am

http://www.thisismoney.co.uk/campaigns/bankcharges/article.html?in_article_id=481401&in_page_id=507&expand=true#c401244

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