Archive for April, 2008
Experts advise customers not to put off unfair bank charges claims
A ruling in the ‘unfair’ bank charges test case yesterday could be the first step towards clinching millions of pounds worth of refunds for banking customers. The judgement has given the Office of Fair Trading the authority to challenge whether the fees – which it considers disproportionate and unlawful – are fair or not.
Many banks […]
Posted: April 25th, 2008 under News.
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Banks lose unfair bank charges test case
The Office of Fair Trading can apply consumer contract regulations to decide if overdraft charges are fair or not, which could mean that banks are forced to pay back millions in reclaimed bank fees.
Last year, the OFT brought a test case against eight of the UK’s biggest banks and building societies, which represent 90 per […]
Posted: April 24th, 2008 under News.
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