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Archive for August, 2007

Companies hike credit card charges to counteract reclaim rebellion

In light of the Office of Fair Trading’s ruling last year – which restricted the amount that credit card companies can charge their customers for defaulting on payments and breeching other agreements – Which? Money has warned that providers are now implementing other charges to recoup their lost profits.
Now that the charges have been restricted […]

Judge rules claimant’s bank charges frozen until official decision is reached

Barclays customer Nadine Fry is suing her bank for the charges made to her for exceeding the overdraft limit on her account and bouncing direct debits, and a judge has ruled that she does not have to pay any further charges until the case has been settled, the BBC reported today.
Miss Fry is suing Barclays […]