Posts Tagged ‘bank charges’

OFT loses fight over bank charges

OFT loses fight over bank charges
The Supreme Court today ruled in favour of high street banks in the bank charges test case brought by the Office of Fair Trading. In 2005, a consumer backlash began against what were viewed by many as unreasonably high charges by banks for unauthorised overdraft use. In April 2007, the OFT began a study into the issue, launching a test case on unauthorised overdraft ...
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