The Law

When it comes to reclaiming your bank penalty charges, UK law is most definitely on your side. That’s why you can claim through Cobley Johnson Partners with confidence.

The Law
The 'Unfair (Contracts) Terms Act 1977' and the 'Unfair Terms in Consumer Contracts Regulations 1999', are designed to protect you as a consumer. These two pieces of legislation state that in order for a penalty charge to be lawful, it must represent the actual financial loss sustained by your bank.

Bank charges are usually issued arbitrarily, so everyone pays the same regardless of how much they go overdrawn, and regardless of the actual losses sustained by the bank involved.

Office of Fair Trading
The tables have now turned, and thanks to a ruling by the Office of Fair Trading, you can now claim back what is rightfully yours.

With consumers paying £25 on average for a typical unpaid direct debit, (a transaction that may have cost the bank a few pence), it’s not hard to see why bank charges are considered to be unlawful.

Take Action
By choosing the dedicated professionals at Cobley Johnson Partners, we will help you to claim back your bank charges plus interest.

 
Click here to fill out the penalty charges claim form now.