Recovery of Credit Card and Bank Charges

There have been test cases hitting the headlines recently in a bid to determine whether fees applied by banks and other lending institutions have been legal and justified. The implications of these test cases are far-reaching, given that so many people in the UK believe they have been levied with fees and charges by their banks, credit card or loan companies that were unfair and unjustified. There was a time when bank and credit card charges were a grey area and consumers felt there was little they could do to recover unfair charges. Times are changing, however, and successful bank charge claims and credit card claims are increasingly common. Unfair bank charges and unfair credit card charges are no longer something to be suffered when having to deal with seemingly faceless corporations. Consumer rights have fought for more transparency when it comes to charging, with all fees to be made clearly explicable to the individual.

If you think you have been charged by your bank or credit card company unfairly by a signifcant amount in the past three years, you could be eligible to pursue a claim through the UK's Financial Services Authority (FSA) or even through the courts. Talk to one of our team today to discuss your particular case and get advice on claiming for recovery of unfair charges.