Tory leader David Cameron says victims of "unfair" bank charges must be compensated "quickly and fairly". He'll also consider automatic payback of all charges, which could total over £10 billion.
Consumers hoping to get their loan or credit card debt wiped off or reduced via the courts by exploiting loopholes in legislation have been warned by a lawyer that they’ve little chance of immediate success.
There was a further victory for bank charge reclaimers today, when the Court of Appeal decided that charges CAN be subject to 'unfair contractual terms' laws.
26 February 2009
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