Re:Tesco Bank halts online payments after money was taken fr...
by smcl on Monday November 07, 2016 @11:04AM
(#12892083)
Right, but until that insurance pays out you're maybe faced with a bill you cannot pay in the meantime.
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Re:Tesco Bank halts online payments after money was taken fr...
by mjpa on Monday November 07, 2016 @03:17PM
(#12894630)
One would hope Tesco would cover any costs incurred by customers that are a direct result of this. I know banks in the past have cancelled non-arranged overdraft fees when they've screwed up, but that's easier to do as it's cancelling a charge rather than actually paying money out.
Re:Tesco Bank halts online payments after money was taken fr...
by smcl on Monday November 07, 2016 @05:34PM
(#12895844)
One would hope, but again time is a factor. I've had a weird "I'll be OK soon but for now I'm in trouble" situation before with Bank of Scotland back when I was a student. BOS randomly decided overnight that instead of having an agreed-upon student overdraft limit of GBP 2000 I had none whatsoever and needed to start paying them the full balance immediately. Eventually this was resolved, but for four days I was unable to pay rent or buy food. I was extremely lucky I had friends/family I could rely on in the meantime and that it was resolved so quickly, others may not be so lucky.
I am astonished how many people in this discussion are completely unaware of the idea that some people aren't as lucky as us and work paycheque-to-paycheque. I know HN/SV is a bubble, but surely we're not so out of touch with reality...
Re:Tesco Bank halts online payments after money was taken fr...
by ddmf on Tuesday November 08, 2016 @04:41AM
(#12898887)
I had a very similar experience with BOS back in the early '90s.
And you're spot on - there are so many people juggling these financial balls that one slip up can cause issues for years.
Re:Tesco Bank halts online payments after money was taken fr...
by Cthulhu_ on Monday November 07, 2016 @11:34AM
(#12892332)
I'm sure the creditors would be lenient if you can prove this incident complicated things for you.
Re:Tesco Bank halts online payments after money was taken fr...
by DavidHm on Monday November 07, 2016 @12:00PM
(#12892588)
Can't tell if this is sarcasm.
Then again, maybe I am overly cynical. UK utilities at least do seem to have a more positive approach towards people struggling to pay than other countries.
Re:Tesco Bank halts online payments after money was taken fr...
by noir_lord on Monday November 07, 2016 @12:31PM
(#12892899)
Aye, it's one of the (very) few good things you can say about them (generally).
Re:Tesco Bank halts online payments after money was taken fr...
by smcl on Monday November 07, 2016 @01:01PM
(#12893223)
To some degree you're right - if you've got a landlord you need to pay or a utilities provider (assuming you're not horrendously behind already) then sure, but it'd depend on the creditor. I suspect these lads wouldn't be particularly sympathetic, for example: https://www.eveningtelegraph.co.uk/2015/11/24/warning-of-loa...