Belmont Thornton Logo
Claim Back Loan Insurance

Bank Charges 2011

Over the years the reputations of banks in the UK has suffered. With huge losses and mis-sold Loan protection insurance many people are angry that their behaviour does not seem to have been brought to account. In 2006, though, the charges applied by credit card poviders for late payment and over the limit fees were investigated by the Office of Fair Trading.

Bank Charges 2011 lower than 2006

Credit card companies and banks had always attempted to justify the cost of late payment and over the limit charges by saying they were necessary to cover costs incurred. The Office of Fair Trading Investigation considered the true cost of administrating accounts. They decided a maximum charge of £12 should be applied where a customer made a late payment of exceeded their limit. This figure took into consideration the cost of staffing, pastage and some contribution to IT systems. As a result of the investigation most lenders lowered their charges to £12 and it also opened the door to people who had paid unfair charges in the past to make a claim.

Can you still reclaim Bank Charges 2011?

The simple answer is, yes. You can reclaim any unfair charges applied within the last six year. If you have paid unfair credit card charges for late payment or over the limit fees in the past, therefore, you may be entitled to make a claim. If your claim is successful, you can ordinarily expect to receive a refund of those unfair charges and sometimes additional interest.

 Starting my bank charges 2011 claim

If you have paid unfair over the limit or late payment fees or have been mis-sold loan insurance you have the right to make a claim. For assistance with your claim call 0207 471 2000. A member of the claims team will be happy to answer any questions you have and to help you get started on filing your claim today.


Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide