Summary
CREDIT card companies were yesterday told to slash penalty charges for people who fail to pay their bills on time.
Consumers are being charged more than GBP300m a year in "unlawful" fees - which are presently set at up to GBP25.See the full content of this document
Extract
Credit Card Firms Told to Slash 'Unlawful' Late Payment Fees
The Office of Fair Trading, the competition watchdog, said any charge of more than GBP12 was likely to be unfair under the Consu...
See the full content of this document
Sponsored links
