The bank charge bandwagon continues to roll on, with a bank finally looking like it will be taken to court over its charges. A London Barrister, Tom Brennan, is contesting the £2,500 worth of charges he racked up with NatWest whilst he was a student, and is hoping to be the first person to bring […]
Tag: Banks
“No Win No Fee” Finds It Way To Bank Charges
I guess it was only a matter of time until someone would try to make money from the current trend to reclaim bank charges, but the process of reclaiming fees appears to be so simple, there’s probably no need for you to get a middleman involved. From BBC News: Hundreds of people each week are […]
Banks Succumbing To People Power, But…
Over the past few weeks a couple of stories have caught my eye which have shown the strength that people power can have on large corporations (and in this case I’m talking about banks and building societies). Firstly, it’s difficult to go a single day without hearing someone talking about reclaiming bank charges – it’s […]
Have You Got A Dormant Bank Account?
Last year it was announced that money left in dormant bank accounts (accounts left idle for a number of years) would start to be distributed to charities. Halifax has said that it intends to try to reunite holders of dormant accounts holding more than £1,000 with their money in the near future, by advertising and […]
Nationwide Customers Pay 8p Each For Data Loss
This is kind of ironic – Nationwide customers will end up paying the £1million fine that the company got for the a loss of data back in August, stolen from an employees laptop. Because the Nationwide is a mutual building society, its customers own the company, rather than shareholders, so they’ll end up picking up […]
MoneyExpert: Personal Loan Offers Launched For The New Year
Consumers looking to rearrange their finances and compare loans this January could benefit from two products currently on the market.
This Is Money: Banks Are ‘mugging’ Customers
High Street banks are ‘mugging’ their customers by imposing ‘illegal charges, an MP said today
This Is Money: Remortgage To Beat The Rise
Thousands of people will be looking to remortgage as a result of the bank rate rise. This is Money mortgage expert Simon Lambert picks the best deals
This Is Money: Small Returns From FP With Profits
Friends Provident has made small increases to bonus rates for some with-profits policyholders but the majority will see no immediately benefit
MoneyExpert: ‘Over Half’ Of Homeowner Loans Protected From Rate Rise
Some 53 per cent of homeowner loans held with building societies will not be affected by the Bank of England’s (BoE’s) recent base rate rise, it has been claimed.