Financial Redress - Australian banks stealing billions in fees

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Uploaded by on May 20, 2010

Financial Redress

SEE
http://www.financialredress.com.au/

Until very recently, some banks charged you up to $60 if you became overdrawn, went beyond an agreed limit, or made a late payment. The true cost might only have been a few dollars at most on each transaction. Banks have made billions from these unfair charges.

The team at Financial Redress have campaigned hard over the last year for customers to receive compensation. We have recently joined forces with IMF, Australia's largest and most successful litigation funder. We are planning large scale class actions, to make these banks repay all the exception fees they have deducted over the last six years, plus interest. We have secured the services of Maurice Blackburn, Australias pre-eminent class action lawyers.

If you have incurred at least one of these exception fees on any of your bank or credit card accounts, register by clicking here to help get your money back.

FROM
http://www.CairnsBlog.net

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News & Politics

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  • Very true, these fees hit the poor struggling people more than anyone else. If someone has no job and runs low on money, they can even more so not afford to pay a $30 fee. But for people with plenty of extra money, they don't pay these late fees because they always have money in their accounts.

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