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Net-Teams - Bookmark Tag UK Banking
There are 1 articles associated with the tag UK Banking!
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Excessive Bank Account And Credit Card Charges Attacked As Unfair And Possibly Illegal
One missed credit card payment, or going overdrawn without permission, and suddenly a £30 charge can be incurred. Bank charges can seem unfair and too harsh given the frequently tiny amounts of unauthorized borrowing involved. Now it seems that the law could be in agreement. Following on from an investigation launched in October 2003, eight major credit card companies were told in July 05 by the Office of Fair Trading (OFT) that the charges they levy for late payments wer...
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