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Fair Trading Minister Peter Lawlor said there had been reports of Queenslanders receiving calls from people saying they were from the Office of Fair Trading (OFT) or other government regulatory bodies and offering a reimbursement on bank charges. "To
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The North Dakota Supreme Court ruled that a bank acted reasonably when it charged a frequent bad-check writer almost $12,000 in overdraft fees over more than four years. In a unanimous opinion issued Tuesday, the court upheld Southeast District Judge
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Ore. (AP) — Umpqua Bank says it will halt a practice that consumer advocates, customers and at least one federal judge claimed artificially inflated banking revenues. In a Sept. 16 letter to customers, Umpqua executive vice
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The Consumer Action Law Centre's Nicole Rich said banks were making a tricky attempt to boost their profits by burdening account holders with more debt. Once an account holder starts eating into an overdraft there is no interest-free period, unlike
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TSB is braced for a possible exodus of current account customers as details of changes to its overdraft charges are sent out. From 2 December customers of the bank, part of taxpayer-backed Lloyds Banking Group, will have to pay a monthly usage fee if
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In fact, it seems like the network's anchors don't really get how competition works. If you've tuned into the business channel this summer, chances are you've heard its anchors pushing the ridiculous bank lobbyist mantra that new consumer protections
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Wells Fargo customer Walt Books was charged $140 in fees after a $130 check was processed before smaller bills. Walt Books knew something was amiss as soon as he opened his bank statement and saw $140 in overdraft fees. Books, 78, a retired business
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But more consumer protections concerning overdrafts could be on the way. The Federal Deposit Insurance Corp. has proposed guidelines that would result in sweeping changes to the standard way banks handle consumers who habitually overdraw their
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Opening a bank account Do open a bank account well in advance of going to university or higher education. New students will need an account to have their loan paid into and from which to pay their accommodation, tuition fees and other expenses...For
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Thousands of A-level students will be sitting nervously this week waiting to see where and what they will be studying over the next three or four years. But among the confirming of offers of places made and the merry-go-round of clearing, students
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