Archive for March, 2008

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Clydesdale Financial Services reduces store card default charges

Following an approach by the OFT, Clydesdale Financial Services Limited, a wholly owned subsidiary of Barclays Bank plc, has decided to reduce its store card default charges from £22.50 to £12 with effect from today.
This action, prompted by a consumer complaint, follows earlier work by the OFT on credit card default charges. In April 2006, [...]

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March 29th, 2008 | Tony | 0 comments | Continued