Farewell to Free Banking, and Absurd NSF Fees?
Posted on April 29th, 2008 by Tom Groenfeldt
It’s a well-known marketing ploy in banking – offer free checking and then hit customers with outrageous fees when they bounce a check – £40 or so in the UK for what American bankers called non-sufficient funds (NSF). Now the High Court has ruled the fees come under laws on fairness of contracts, governed by the […]
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