More than 300 homeowners who claim the mortgages they took out were "unfair" have been given the right to bring a group action against Barclays and Bank of Scotland.
The major credit card providers say they will show mercy to borrowers who make late payments because the postal strike has delayed their bill's arrival.
The Treasury Select Committee has launched an inquiry into the fact lenders encourage the public to needlessly apply for credit that could make future borrowing harder and more expensive.
22 September 2009
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