Latest:

01:12 Man shot dead in housing estate
00:32 Being lonely 'worse than smoking'
00:12 Gas call centres go face-to-face
00:12 PM support for NHS change 'drifted'
00:12 Three million CRB checks in a year
00:12 Girls in gangs warned of rape risk
00:12 MoD budget claims 'over-optimistic'
00:02 US Marines in 'Nazi banner' storm

Bank charge campaign to continue

Saturday, 28 November 2009

A consumer website has announced plans to continue its campaign to help people get overdraft charges refunded despite this week's Supreme Court ruling.

MoneySavingExpert.com said it had arranged for banking barrister Ray Cox QC to redraft the bank charges template letters people can download from its site to reflect the judgment.

The Supreme Court ruled on Wednesday that the charges are not subject to regulation by the Office of Fair Trading (OFT).

Martin Lewis, creator of MoneySavingExpert.com, said: “There are millions of people with cases on hold, and the OFT won't be giving its view until December — meanwhile the banks are already starting to apply to have cases kicked out of court.

“We hope to put the brakes on this by drafting amended documents which people reclaiming can submit to the court based on the latest ruling,” he added.

More than one million claims were put on hold until the outcome of the case was known.