Consumers hoping to get their loan or credit card debt wiped off or reduced via the courts by exploiting loopholes in legislation have been warned by a lawyer that they’ve little chance of immediate success.
Consumers have been urged to use the free Financial Ombudsman Service if they have been fobbed off when complaining to their bank or other financial institution.
There was a further victory for bank charge reclaimers today, when the Court of Appeal decided that charges CAN be subject to 'unfair contractual terms' laws.