Follow Us On Follow us on Facebook Follow us on Twitter Watch us on YouTube
Register
Results 1 to 2 of 2

Bank charges D-Day revealed - 25 November.

This is a discussion on Bank charges D-Day revealed - 25 November. within the News and Current Affairs forums, part of the category; The Supreme Court will reveal the result in the latest stage of the bank charges legal saga on Wednesday week, ...

  1. #1
    HiTeck's Avatar
    Administrator

    Status
    Online
    Join Date
    Apr 2009
    Location
    Behind You!
    Posts
    5,274
    Rep Power
    344

    Default Bank charges D-Day revealed - 25 November.

    The Supreme Court will reveal the result in the latest stage of the bank charges legal saga on Wednesday week, it announced today.

    If the banks lose, it could reopen the reclaiming bandwagon (see the Bank Charges reclaiming guide for template letters).
    The court is considering an appeal by current account providers against earlier rulings that charges can be assessed for fairness, with the result due at 9.45 am on Wednesday, 25 November.
    The Court of Appeal and High Court have already ruled that charges can be assessed for fairness.
    If the Supreme Court upholds that view, the Office of Fair Trading will determine whether charges of £35 a time for exceeding your overdraft limit are fair. It has hinted it thinks they are unjust.
    Over £1 billion was returned to consumers before claiming was suspended for most in July 2007, at the same time as the announcement a test case would take place.
    Over one million claims are currently on hold, while 6.25 million reclaiming template letters have already been downloaded from this site.
    Martin Lewis, MoneySavingExpert.com founder, says: "After two and a half years, it looks like we're about to get a firm result.
    "The High Court and Court of Appeal have ruled and it's to be hoped the Supreme Court continues to stick up for the million-plus people with reclaims on hold.
    "Yet there's currently nothing stopping the banks challenging any OFT decision in court and dragging the whole thing on for years.
    "The real hope of a quick solution is for political intervention after this result.

    Source

  2. Thanks dee, hadmad thanked for this post

    • Advertising

      advertising
      Techkings.org
      has no influence
      on advertisings
      that are displayed by
      Google Adsense


        
       

  3. #2
    dee
    dee's Avatar
    VIP Member

    Status
    Offline
    Join Date
    Apr 2009
    Location
    Looking for a cure for morning sickness
    Age
    40
    Posts
    12,635
    Rep Power
    663

    Default

    35 quid for a stamp ink and two bits of paper and 20 seconds of a pc`s time bit steep me thinks.

 

 

Similar Threads

  1. Bank Security Van Guard On Run With £10m
    By Gman496 in forum News and Current Affairs
    Replies: 7
    Last Post: 07-11-2009, 10:50 AM
  2. ASUS ECS 1000 desktop: First Supercomputer Revealed
    By hadmad in forum General PC Chat
    Replies: 0
    Last Post: 27-10-2009, 01:48 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •