I think this was always going to happen.
Basically rather than a few getting charged when they do things wrong, like going into the red, spending money that isn't theirs and basically being unable to look after their own finances instead we'll all have to pay monthly fee's and maybe banks will also be a little more selective of who they want as a customer.
I'm sure the "Get your money back from the bank due to unfair charges" thread is still looming.
You know the one - where those people constantly going in the red and receiving letters each month and not going into their banks and having a conversation with a human are encouraged to claim back money!
Well I'm sure that site and many others haven't helped the situation.
However as always the short-sighted actions of a few ruin/spoil things for everyone else.
Basically rather than a few getting charged when they do things wrong, like going into the red, spending money that isn't theirs and basically being unable to look after their own finances instead we'll all have to pay monthly fee's and maybe banks will also be a little more selective of who they want as a customer.
I'm sure the "Get your money back from the bank due to unfair charges" thread is still looming.
You know the one - where those people constantly going in the red and receiving letters each month and not going into their banks and having a conversation with a human are encouraged to claim back money!
Well I'm sure that site and many others haven't helped the situation.
However as always the short-sighted actions of a few ruin/spoil things for everyone else.