… short supply and criteria are tight; interest rates on personal loans, credit cards and overdrafts have increased; the banks won their Supreme Court case against the OFT on bank charges and the subsequent report into bank fees was lukewarm.
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Cash Isa rates show why loyalty doesn’t pay – Daily Telegraph
Unveiling its recommendations on the future of bank charges, the OFT said it would like to see options for those who do not want unarranged overdrafts as well as greater choice surrounding charging structures. It also wants improvements on the level …
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Scrapping cheques to save banks money will harm … – Daily Mail
AS many as five million of us are permanently overdrawn – and that means one in ten people are living on their overdrafts. But with overdraft interest rates creeping up in the last two years it’s not such a great idea. Two years ago being …
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OVERDRAFT BLUES FOR ONE IN TEN – Daily Star
PR Log (Press Release) – Dec 02, 2009 – Last week the Supreme Court made a hugely influential ruling in a test case regarding bank charges on unauthorised overdrafts … uk As for the investment charges well they will continue until there is …
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Why Bank Charges Are The Tip Of The Iceberg – PRLog (free press release)
PR Log (Press Release) – Dec 02, 2009 – Last week the Supreme Court made a hugely influential ruling in a test case regarding bank charges on unauthorised overdrafts … uk As for the investment charges well they will continue until there is …
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Why Bank Charges Are The Tip Of The Iceberg – PRLog (free press release)
comments on the Supreme Court ruling in favour of banks charging fees on unauthorised overdrafts: “This is a bitter blow for the millions of people who have been patiently waiting to get their bank charges back. Not only does it give banks licence to …
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Which: A bitter blow – Politics.co.uk
Banks are unlikely to repay the fees charged on unauthorised overdrafts unless a customer is suffering particular financial hardship, following a supreme court judgment this morning. The ruling on the case between the Office of Fair Trading (OFT) and …
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Bank charges ruling goes against consumers – The Guardian
More than one million banking customers will come a step closer this week to learning whether they will be able to claim back charges they paid for unauthorised overdrafts. On Wednesday, the supreme court will hand down the appeal ruling on a case …
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Claimants await judgment over bank charges for unauthorised overdrafts – The Guardian
It claims the rate on authorised overdrafts is at its highest level since records began in the mid-1990s. According to the latest Bank of England statistics, the average overdraft rate is 18.96%, although many of the big banks can charge considerably …
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Banks ‘are charging sneaky fees’ claims Which? – BBC Business
