Find out the latest bank charges news
There is a great deal of confusion relating to bank charges news
at the moment, with claims and counter claims seemingly exaggerated
by both sides. The banking faction would like to deter the claimant
from initiating a claim in the fist place, while the claims
industry often makes unsubstantiated or exaggerated promises
concerning what it can deliver to the victims of excessive bank
charges.
The Office of Fair Trading has taken a stand against unfair bank
charges in recent years and won a couple of landmark cases against
the banks. At stake was an estimated £2.5bn/year in revenues
received by the banks for charges each year.
Needless to say the banks appealed the decision and as of
November 2009, the new bank charges news is that overdraft charges
are not automatically assumed to be unfair and the courts and
financial ombudsman are reflecting this fact in their current
judgements.
To keep up to date with the changes in laws relating to
financial claims is a daunting task. Claims Financial's legal and
banking experts make it their business to keep abreast of bank
charges news and can pass on that knowledge and experience to you
free of charge.
If you feel you may have a claim against a lending institution
simply complete the form and our advisors will be in contact with
you shortly to discuss your options. No win no fee no worries. Let
Claims Financial take the hassle out of getting your money back.
Apply today.
"I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze"
Mr R Evans 11 Nov 2010