STOP PRESS! Major step to victory for bank charges reclaiming!
Free template letters to put your claim in now
24 April 08. An urgent update on the Bank Charges situation from MoneySavingExpert.com
Today (Thurs) a High Court judge confirmed what bank charges campaigners have been arguing for two years, that consumer contract regulations do apply to bank charges meaning that 'fairness' counts. The next step is for the Office of Fair Trading (OFT) to assess whether they are actually unfair but as it's the one who took the banks to court, that seems likely. Then it'll try to reach agreement with the banks, and if not, go back to court.
To use a football analogy, before we were kicking the ball around the middle of the pitch, now we're at the penalty spot...though the judgement's massive and the nitty gritty may throw more up.