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Consumer Law Blog

Unfair charges that you CAN reclaim

by Elliot 02 December 2009

Last week's bombshell bank charges ruling in the Supreme Court left literally millions of people in the financial doldrums. People who had been sitting on claims worth hundreds of pounds for up to two years suddenly saw their hopes of a hefty bank charges refund go up in smoke (for now, anyway.)

However, you may be in no way surprised to learn that the banks, and other fine upstanding financial institutions, have probably ripped you off in other ways. The good news is that most of these other bank-sanctioned swindles are reclaimable.

If you have a credit card and have made the odd late payment or overspent your limit then you will most likely have been charged an exorbitant fee by your provider.

For example, credit card charges. If you have a credit card and have made the odd late payment or overspent your limit then you will most likely have been charged an exorbitant fee by your provider. A previous court ruling set these fees at a "fair" £12, but companies still hand out full refunds to customers who kick up a fuss.

If you have been charged unfair credit card fees and want to know how you can claim them back please consult our no win no fee credit card charges reclaim service for more information.

Another massive area where customers have been stitched up is payment protection insurance (PPI). This is the insurance sold alongside mortgages and loans that pays out if you stop working because of illness or redundancy. However, millions of costly PPI policies have been mis sold to customers who were either ineligible for it from the start or simply not told about its inclusion.

Unscrupulous salesmen still get away with it today but you can reclaim mis sold PPI policies. To see how, please see our PPI section for more details on how to make a claim. You could be owed £1000s.

Claims Financial

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