Report this comment to a moderator

OFT bank charges investigation derailed by Supreme Court ruling

How oh how Anonymous 12:37 got published on this site is way beyond me, but what do I know.... Anyway, overdraft charges (and any other charge for that matter) are conditions of the account. It's as simple as that. They are avoidable and so really, the OFT was simply answering to public pressure. I wonder how much money they have wasted. Don't we also fund the OFT by the way? I agree with the very first comment. The OFT have messed up here. Talking about interest rates and the banks' reluctance to lend is a completely different discussion. This is clearly an emotive subject for us all but that's not really an excuse for Anonymous 12:37pm encouraging that sort of behaviour. Also, re the suggestion of a state run bank to lend to us all - that would be brilliant in communist Russia. In modern day Britain, not such a great idea

25-Nov-2009

1:30 pm