Tag: "bank charges"
Are bank charges fraudulent?
By Value hunter on Oct 26, 2010 | In In real life, Money chat, Bad business, Frugal wars | Send feedback »
I believe that some bank charges are in breach of the fraud act 2006. A real example: You have £100 left in your account. You make an authorised card payment for £60 (leaving a £40 balance on your account) A direct debit, of £50 is due out of your… more »
Avoid unpaid direct debit bank charges
By Value hunter on Oct 24, 2010 | In In real life, Money chat, Common sense, Frugal wars, Frugal thinking | 1 feedback »
Bank's love to charge for each unpaid direct debit (and knock on overdraft charges, etc), it makes huge profits from them, it knows this, their customers know this, the powers that be know it. So avoiding running up unpaid direct debit charges (and… more »
OFT drops bank charges challenge
By Value hunter on Dec 22, 2009 | In News, Money chat, Bad business, What is the point?, Quango watch | Send feedback »
The Office of Fair Trading (OFT) have dropped their challenge to the banks, regarding their overdraft fees. I am personally disgusted at this! The new supreme court ruled in favour of the banks (against all expectations and two previous rulings by the… more »
Lord Phillips - OFT v banks - to announce decision
By Value hunter on Nov 11, 2009 | In News, In real life, Money chat, Frugal wars | Send feedback »
Just had an email from the penalty charges team over at penaltycharges.co.uk informing me that a ruling could be due to be announced on the case of the OFT versus the banks, as regards the OFT having the power to take action against bank charges.… more »
