Christmas and New Year may have passed but their cost is probably about to arrive. Before the bills descend, take action now to spread the expense. Unless all your festive expenditure was by debit card to a current account in healthy credit or by …
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Take steps to stave off a financial hangover – yorkshirepost
In the words of the OFT: ‘Banks earn around a third of their personal current account revenues from unarranged overdraft charges that are difficult to understand, not transparent and not subject to effective consumer control.’ And this leads to the …
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Are bank charges a victory for usury? – This is Money
In the words of the OFT: ‘Banks earn around a third of their personal current account revenues from unarranged overdraft charges that are difficult to understand, not transparent and not subject to effective consumer control.’ And this leads to the …
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‘Bank charges case is a victory for usury’ – This is Money
The Office of Fair Trading will not be taking any further action against banks over unauthorised overdraft charges. That is despite the regulator saying it still has “significant concerns” about the personal current account market. The decision …
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OFT drops bank charges court case – ITN
The Office of Fair Trading today scrapped plans for further action against banks over unauthorised overdraft charges but said it still has “significant concerns” about the personal current account market. The regulator’s decision, which follows a …
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OFT abandons bank charges action – The Independent
The Office of Fair Trading has scrapped plans for further action against banks over unauthorised overdraft charges but said it still has “significant concerns” about the personal current account market. The OFT has axed plans for further action …
Lloyds’ Control option for Classic account holders prevents any payments going out that would push the account over its agreed overdraft for a monthly fee. Banking editor Alan O’Sullivan wonders if this is a sign of things to come. Out of options …
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Lloyds Control: the future of bank charges? – This is Money
The decision has given the banks a free rein to hit those who overstep their account limits with punitive charges, so customers are being advised to take stock of the way they use their bank account, and change to a more suitable account if necessary …
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Bank accounts to beat overdraft charges – This is Money
The decision has given the banks a free rein to hit those who overstep their account limits with punitive charges, so customers are being advised to take stock of the way they use their bank account, and change to a more suitable account if necessary …
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Bank accounts to beat overdraft charges – This is Money
Yesterday’s Supreme Court ruling will have surprised and disappointed millions of bank customers. It surprised and disappointed this newspaper, too. Having campaigned against the swingeing sums levied by banks on account holders who inadvertently …
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Leading article: The campaign for fair bank charges must go on – The Independent
