Quote:
Originally Posted by Mancie
entwisi ..do you live in the 1900's? the banks are no longer a service for the rich to borrow from..for the vast majority a means of transfering money from A to B...the way things have progressed over the last 30yrs means they are a basic thing of living and some should be held by the Government free of charge.
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nope, I live very much today if not tomorrow!
so you believe the goverment should provide a Banking service for nothing, lending money willy nilly with no 'fines' for breaking teh rules? sounds like a lawless society to me.
If you manage your money within agreed limits ( either in teh black for those who prefer that way or within an agreed overdraft for those who live that way) then Banking costs you nothing. someone protects your money for you, gives and manages all the payments and withdrawals you desire for nothing, trains and provides you with experts to advisze you in investments to help you make your money grow and you want it all for nothing.
errr. why not go and ask Mr Tesco for your shopping for nowt as well seeing as eating is also 'a basic thing of living '
re spuugie, the reason there is so much jargon and small print is due to the goverment and the legals that set the rules by which Banks have to operate. Just like a contract in any other arena of life, if its not written in a "set in stone" way then it would be open for legal challenge and even prosecution by HM gov.