Landshark:

This was my biggest fear realised.

Ultimately, we all stand to loose as it is inevitable that FREE current accounts will be withdrawn. Those who have kept good accounts for years will be penalised for the actions of those who do not.

The situation is further exacerbated by the 'direct debit' culture that forces people to have bank accounts who really should never be allowed to have them. The reason people go overdrawn or continually steal money that is not theirs is an educational and cultural issue that needs to be addressed and resolved - that's how we got into this mess in the first place. I use the word 'steal' as this is what they are doing to the rest of us. Taking money that is not theirs without prior agreement.

Lending status should not be affected, however people with even the most minor blemish on their accounts will probably end up being denied any loan at all - but that's what is happening today anyway.

I'm afraid that this is one of those cases where I was in favour of the banks. I would not lend money to bad risks, but now we are all faced with those whingers and complainers being paid back money that I do not believe that they are entitled to receive. Guess who will end up paying that back - you got it - the good and honest customers.

I hope that the little b*****d Mr Lewis is happy now.

SHARK!

Classy.

I'm not interested in an argument regarding it, but I'm pretty sure Martin Lewis' intentions aren't to make things difficult for the average consumer. Worry about your own finances rather than condemning other people. (And yes, I can already predict the reply to this post, and i'm not interested in arguing whether or not this is a victory for the consumer or not!)