Every day you hear about "the credit crunch". On TV and in your newspapers the banks bleat on about the financial problems in our country and the rest of the world. They tell you that reports on financial accounting for this quarter shows that their profits for this year are predicted at making a loss of 5 Billion Pounds compared to last year. What they don't tell you is they made a profit of 15 billion pounds last year. What they also forget to tell you is that the cause of this financial catastrophe are the banks themselves.

You apply for loans, credit cards and mortgages and they are all so accommodating in giving you credit. They are not actually giving you credit, they are creating debt. When they check your credit file when you apply for a credit card they can see for example, that you have 6 credit cards all with a £5000 limit on them, and you have debts of £15,000 on them already. What would posses them to give you another card with an £8000 limit on it. Does this sound familiar? Surely you are over committed on the current debts that you already have. Aren’t you? Take yourself back 15 to 20 years? Did your parents have any debts like these?

If you knew someone back then who had 3 credit cards in his wallet, it was because he was well off and could afford them. Not because the banks thought that they could extract all of his salary from him for the rest of his life in making minimum payments on his £50k credit card debts that the banks let him run up, that he will never be able to reduce! If you Google search "responsible lending" the British Banking Authority website's definition says: Responsible lending is providing credit, based on background checks and professional judgement, to people who can accommodate regular repayments without getting into financial difficulty!

We are all being exploited by the banks and financial institutions every day, and they take pleasure in doing it. They fleece you for every penny they can extract from you. When you are in a position of financial difficulty, all they do is throw more credit at you until such time as you are no longer any value to them. This is when you are unable to pay back the debt that they have put you in and you are unable to pay any more interest to them. They then sell your debts to debt collectors who intimidate you in to paying them money. They try to collect the unlawful debts by way of threats of legal action. These actions are endorsed by the banks in selling the debt to them in the first place. The banks are fully aware of the debt collectors methods.

Within our company we have combined experience of over 20 years in the UK Banking and Debt industry. This includes UK Banking Law and also extensive knowledge of UK Consumer and Contract Law. There are legal flaws in the way banks give you credit. There are also legal flaws in many credit card and loan agreements. The banks undertake certain procedures in their day to day business, and some would say that these procedures and business practices are unethical. The banks do everything they can to hide these procedures from the general public. In the banking world these activities are common knowledge, but because of the amount of profits and taxes that are involved they are somewhat smoke screened from what is truly happening. If we did what the banks do every day, we would probably be arrested for fraud. But they fund our country with the revenue that they have to give to our government in taxes. So they are allowed to do what we could be arrested for.

We challenge the banks in their procedures. We challenge them for the way that they flaunt the very laws and government acts that the industry is governed by. Privacy laws and the Data Protection Act are broken on a daily basis, and we expose them to themselves. The majority of staff that are working for the banks have not been trained properly to deal with the terms and procedures of the industry. The staff are not at fault. The banks have trained their staff in the way that they want them to work, knowing that they will be breaking Contract, Consumer Law and Data Protection every day. Don't let them exploit you any longer. We are that confident of our services that we give all our clients a 100% Money Back Guarantee.

Many people, including us are not scared to challenge the banks. Many have been very successful in their results. It is very unlikely that that you will ever find these cases documented as they never actually get to court as the banks settle before the court hearing. Take the bank charges for instance. One man challenged them in 2005. Currently the banks have had to pay back 500 million pounds. The court test case was adjourned for the third time as of April 2008, and is still in limbo. The reason is the ordinary man is going to win! Update.....The ordinary man has won!!

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