I was interested to read liam Bartletts opinions in the paper today about the RBA not following up on recommended reform to these surcharges.
This is a topic that often gets me a little hot headed, and I think it's possibly because I don't fully understand it. So if somebody could enlighten me on the following point.
If I borrow from peter to pay Paul, how can Paul justify adding any kind of charge (surcharge/fee) onto that transaction?
IMO I have an agreement with peter about the terms of the loan and that's between him and I. Paul's got nothing to do with it from what I can see? The way I choose to pay him is up to me?
Forget about Credit Cards, lets get into the whole banking system! How does it make any sense? It doesn't...
Select to expand quoteUnhook3d said..
Whoops. Meant to post in shooting the breeze.
You mean Heavy Weather
