IVA-INFO-UK.ORG.UK RELEASES GUIDE TO RECLAIMING UNFAIR BANK CHARGES
- Debt Information Service Helps Over-indebted Consumers -
(London, 04/08/06) In the week that banks raised interest rates, bemoaned rising bad debt and reported record profits, IVA-info-UK.org.uk, the leading online portal for impartial IVA information, has released a guide to help consumer reclaim bank penalties.
Recent research by IVA-info-uk.org.uk has found that despite a high profile court case earlier this year, very few people know that they are entitled to reclaim 6 years’ worth of penalty charges in full, let alone how to go about it. From today, consumers can download ‘Reclaiming Bank Fees: A 7 Step Guide’ free of charge from the IVA-info-UK.org.uk website (http://www.iva-info-uk.org.uk/bankrefund.asp).
An IVA-info-UK.org.uk spokesperson commented:
“The guide is designed to make the process of reclaiming penalty fees as simple as possible. First, we show you how to find out how much you are owed, by sending a written request for a full 6 years’ worth of bank statements. Then we take you through the process of requesting a refund, and explain what action to take if your bank refuses to refund your claim.”
To make things easier, the guide also contains templates of each letter you will need to send to your bank, and a claims sheet that you can use when you get your statements to create a list of all your charges.
The guide comes amidst the release of the latest government figures showing an overall increase in individual insolvencies of 10% over the previous quarter and 66% on the same quarter last year.
“When you’re struggling with your finances, bank penalties can represent the difference between staying afloat and going under. A lot of people think that they are unavoidable, but in almost every case, the bank will agree to refund your charges after the second letter, and well before court proceedings begin.”
About IVA-info-UK.org.uk
IVA-info-UK.org.uk is Britain’s leading online portal for impartial IVA information.
IVA-info-UK.org.uk was formed in 2005 to help improve understanding of debt and debt solutions in Britain by providing impartial advice and a live forum alongside a regular roundup of the latest news, statistics, and research from the world of debt solutions.
For further information, please contact:
Emily Cagle (NET121)
Tel: +44 (0) 20 8832 1200
Mob: +44 (0) 78 9485 5722
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Charles & Co - the Debt Help Specialists |
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