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PPI Claim News - 25/11/2009

 
Bank charges appeal rejected by Supreme Court

The Supreme Court has ruled in favour of banks over charges labelled as 'unfair'.

In a statement, president of the court Lord Phillips said that charges for going into an overdraft were a price which customers paid for otherwise free bank accounts.

The outcome of more than a million outstanding claims rested on today's decision, with all new bank claims being suspended for more than two years pending the result of the legal case.

The Office of Fair Trading, the government body which supports consumers, had been leading the case against the banks, defending its right to determine whether specific charges were fair or not.

Prime minister Gordon Brown last month called on banks to pay back charges which were levied unfairly on consumers.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges from.ADNFCR-2776-ID-19478933-ADNFCR



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