Originally posted by ace00
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This is all about people being too stupid to look after themselves. Must we constantly legislate so dumb-asses don't hurt themselves?
For example the current OFT investigation of bank charges:
"
The OFT found that a significant number of bank customers did not know how much they paid in bank charges, even after they have incurred the charges. The investigation found that about 1.4 million people pay more than £500 a year in bank charges, hitting "vulnerable" low income earners. More than 75 per cent of people do not know the credit interest rate offered on their account.
"
- stupid.
When you are charged, it shows up on the statement so these people are not or cannot read bank statements.
Want to know the credit interest on current account? Ask. Or look on the internet.
But no, lets legislate so those people who are clever enough to keep their accounts in credit, and/or arrange an overdraft facility get indirectly punished for the utter stupidity of these idiots (or Labour voters as they are also known).
More ranting to follow.
For example the current OFT investigation of bank charges:
"
The OFT found that a significant number of bank customers did not know how much they paid in bank charges, even after they have incurred the charges. The investigation found that about 1.4 million people pay more than £500 a year in bank charges, hitting "vulnerable" low income earners. More than 75 per cent of people do not know the credit interest rate offered on their account.
"
- stupid.When you are charged, it shows up on the statement so these people are not or cannot read bank statements.
Want to know the credit interest on current account? Ask. Or look on the internet.
But no, lets legislate so those people who are clever enough to keep their accounts in credit, and/or arrange an overdraft facility get indirectly punished for the utter stupidity of these idiots (or Labour voters as they are also known).
More ranting to follow.
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