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Credit Card Charges
JamesRG1
Posts: 3 Newbie
Hello All,
a Very old question here as I thought this was no longer possibe, to reclaim late charges on Credit Cards, am I right? I now understand it is still possible against Credit Card Co's but not Banks, based on the 2006 ruling.
It is very confusing and am fearing I may have been able to claim all along.
Recent advice welcomed.
Thank you
a Very old question here as I thought this was no longer possibe, to reclaim late charges on Credit Cards, am I right? I now understand it is still possible against Credit Card Co's but not Banks, based on the 2006 ruling.
It is very confusing and am fearing I may have been able to claim all along.
Recent advice welcomed.
Thank you
0
Comments
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I now understand it is still possible against Credit Card Co's but not Banks, based on the 2006 ruling.
Depends on the size of the charge. Charges are allowed but the OFT set a guide figure. More info here:
https://www.moneyadviceservice.org.uk/en/articles/reclaiming-unfair-credit-card-chargesI am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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