A briefing about bank charges which can exacerbate problems for CAB debt clients.
Bank charges can push a manageable debt situation into an unmanageable one, making juggling finances impossible.
Charges are imposed when an account is overdrawn, or a cheque, direct debit or standing order “bounces” due to lack of money in an account. They can also be imposed in respect of late or missed credit card payments.
Publication date:
May 2006
Publication type:
Policy
Number of pages:
2
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