Cutting the Cost of Fees for Unauthorised Bank Overdrafts
Birmingham Post › February 24, 2007
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Summary
Banks are facing increased pressure from regulators and consumer groups over the high fees they levy on unauthorised overdrafts.
Reports of charges in excess of pounds 30 being slapped on people who go over their agreed level of borrowing by just a few pennies have led to a allegations of banks ripping off customers to boost profits.See the full content of this document
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Cutting the Cost of Fees for Unauthorised Bank Overdrafts
A growing consumer revolt over "illegal" charges has seen pressure put on an ongoing investigation by the Office of Fair Trading (OFT) into t...
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