A class action brought by 34000 customers of ANZ has been given the green light to proceed to further hearings. It's only a partial win by these customers however gives comfort to customers of other banks. If the courts rule that ANZ's fees for late payments, amongst others, are indeed illegal, we can bet that the other banks will scramble to refund customers before a similar class action is brought against them.
We've been providing solutions for our clients' financial needs since 2001.
Monday, December 5, 2011
Illegal bank fees?
A class action brought by 34000 customers of ANZ has been given the green light to proceed to further hearings. It's only a partial win by these customers however gives comfort to customers of other banks. If the courts rule that ANZ's fees for late payments, amongst others, are indeed illegal, we can bet that the other banks will scramble to refund customers before a similar class action is brought against them.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment