delmorpha.com

Direct Debit has to be one of the most evil cons the banks employ to fuck us out of money, and net them £5 BILLION a year in pure profit. Yet we continue to let banks fuck us up the ass day after day with their charges for failed Direct Debit payments, even AFTER court rulings that these fees are illegal and unjust.

The problem lies largely with the Banks being lying cock suckers and the non-disclosure of the real costs to the bank when a direct debit fails to be paid. The would rather you not know it costs them, at most, a few pounds to process the failure when they are quite happy to charge £30+ for the privilege.

I had such an incident on Monday, and am utterly, utterly pissed off about it hence forth. I have been “financially stable” now for well over 18 months now and this is the first failed Direct Debit charge I have had in this period, and the repercussions for me financially could be disastrous. My problem is the way the bank processed the payments and what they chose to pay on the day of the failed Direct Debit.

I had 2 payments due to be taken on the Monday; my car insurance and my debt management system at £90 and £244 respectively. To be honest I didn’t realise my car insurance was due to be taken on the Monday, and therefore there was only £260 in my bank on the Monday for the DMS payment. Alliance and Leicester decided to pay the car insurance over the DMS so they could take their blood money. There is no other explanation other than they wanted to take £34 out of my credit account so that they wouldn’t leave themselves short of an illegal and unjust fee, leaving my account in negative credit.

And this is why Direct Debit is such utter bullshit - my account isn’t a credit card account and has no overdraft facility on it. It is mean to be run with the cash I have in it and ONLY the cash I have in it. If I were to go into a shop and try and make a purchase, the shop would turn round and say “this car is declined” and I wouldn’t be able to have the goods, no charges for the bank having to tell the shop that there is insufficient funds to process this transaction. So why oh why do we allow the bank to charge us an extortionate fee for doing exactly this, just called a different name.

All Direct Debit is, is the equivalent of saying to a company they have access to your card details and can process a transaction when they require payment. You know who they are and you will query any discrepancies as and when they arrive, but please bill me for something on a monthly basis with this card to save me calling you up and giving you the same fucking details month after month. If there aren’t enough funds in the account, they get the same outcome Direct Debit or otherwise. In fact, Direct Debit is worse… its the “pricktease” of banking for companies; if there are insufficient funds, it gives them a little taste and whips the payment back, then slamming you with a charge for doing so! A double whammy of cuntism from the bank!

I will be ringing the Alliance and Leicester again this evening and demanding they refund the fee or I will be closing my account with them. Fuck Banks, you are there because its supposed to be safer and more convenient for me to leave my cash with you, rather than in a shoe box under my bed, not because I want you to secretly steal money off me for telling people I’m poor and don’t have the money to pay them.

Oh, and Halifax, I haven’t forgotten about the £505 in fees you still owe me… I will be taking your ass to court at the end of this month when I get paid. If you stopped making adverts with singing retards in and concentrated on better customer service and actually training your staff, maybe you wouldn’t have to steal money from your clients unjustly in the first place…