Resolved Question

How hated are Bankers? Are the the new Traffic Wardens?

Just had 2 letter 1 from Egg Credit and 1 from Virgin Money, both saying they will be increasing my APR to around 26%! they advertised typical APR of 18% since the Credit Crunch i have seen my credit limit decrease my repayments increase,
and they have pulled sly little tricks like on Virgin stopping Balance transfers without notifying me,

Im not reckless i always pay on time , the only reason im in debt is redundancy and poo employers not paying me on time,
are the bankers shafting the regular people or is it just me that thinks that?

sorry for bad grammer lol

Best Answer - Chosen by Asker

I agree wholeheartedly - bankers have shafted us twice, make profit and line their own pockets instead of repaying us - the taxpayers that bailed them out. They have overtaken Estate Agents of the 80's for me, who played homebuyers off against each other with gazumping, we were caught in the middle paying for their clapped out porsches. Credit Unions are the way forward.

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Other Answers (3)

• Lol I agree it sucks but they control the rates, money makes money as they say. I should compare the market to see if you can get a better deal this is good time to pick some good deals

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• we should find an alternative to banking so if they collapse we will not be angry. They have a useless system boring they beg you for help when you don't need them and when you ask for help they just don't care.
• When I accidentally tread in something a dog left on the pavement, these days I tend to say 'Oh dear, I've just stepped on a banker!'