BanksYour Ginger Fuhrer froths, "I hate my bank. Not because of debt or anything but because I hate being sold to - possibly pathologically so - and everytime I speak to them they try and sell me services. Gold cards, isas, insurance, you know the crap. It drives me insane. I ALREADY BANK WITH YOU. STOP IT. YOU MAKE ME FRIGHTED TO DO MY NORMAL BANKING. I'm angry even thinking about them."
So, tell us your banking stories of woe.
No doubt at least one of you has shagged in the vault, shat on a counter or thrown up in a cash machine. Or something
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chthonic, Thu 16 Jul 2009, 13:15)
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The Bankers are Even Worse...I had to increase my overdraft by a couple hundred quid this year, which required an appointment at the major branch of my bank rather than my local one. I was absolutely humiliated by the time I got there, as I hate being in the red at all, and admitting it to a smarmy banker would be awful.
Surprisingly, the banker was actually really nice. (He'd graduated from my uni two years before, and wanted the gossip/dirt on some of the lecturers... anyway.) He waved aside my overdraft and told me this story about a fellow student/banker who now works for B:
This guy sets up a student account before he gets to university, who offer him a £1000 Overdraft per year- meaning he can get a minimum £3000 by the end of his degree. He opens the account, then goes to a different bank and opens ANOTHER account with a similar OD. Then another bank, and another account.
When he gets his student loan, he transfers it between the three banks so they all think the loan is being paid directly to them- meaning his credit is good enough to use the overdraft... and increase it.
By the end of his degree, he had spent £14,000 of overdraft. Apparently he had to busk to get enough money for a train ticket home after that. God only knows how he paid it back...
(, Fri 17 Jul 2009, 12:15, 1 reply)
There was a BBC3 documentarythat was very similar to this story, called 'How to Rob the Banks' or something like that. This guy did the same as your man - went into lots of different banks, got student overdrafts with all of them, and went and spunked it up the wall. He managed this in a matter of months, and instead of calming down the spending and bricking himself about it, he found a loophole (long since closed). He could go into a cornershop with one of his cards, buy some goodies, and get cashback up to £50, without the bank checking there were any funds to cover the purchase. So he would keep doing this, 2-3 times a day, until eventually someone seized the card when the machine told them to. The chap had run up £40k by this point, as I remember...
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Rookie You'll have to speak up, I'm wearing a towel, Fri 17 Jul 2009, 15:44,
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