Stop the presses! After yesterday’s story about banks using sneaky charges to get yet more money out of customers, today we hear about a current account that does not charge customers for unauthorised overdraft charges. The Santander account has...

The consumers association Which? has claimed that Banks are still finding ‘sneaky ways’ to make money out of people and that the rate on authorised overdrafts is at its highest level since records began in the mid-1990s. According to the latest...

PricewaterhouseCoopers (PwC), the top accountancy firm, has suggested that bad credit card debts may reach as much as 9% of all outstanding balances by the end of next year. The figure stands at about 6% now. This comes despite a “cooling passion” for...

There has been disturbing news from the ongoing saga of Bank charges. Banks have been told by the Financial Ombudsman Service (FOS) that they must deal fairly with people who ask for the return of overdraft charges because of hardship. Banks are...

Last week this blog discussed a consumer who managed to get her credit card debt cancelled because of a legal technicality regarding the bundled selling of Payment Protection Insurance (PPI). However, a High Court ruling this week has dashed the hopes...