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BBC News – ANZ customers win partial victory over late fees

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  • BBC News – ANZ customers win partial victory over late fees

    Australia’s Federal Court has found that late fees charged by Australia and New Zealand Banking Group (ANZ) were “extravagant, exorbitant and unconscionable”. But the court said some other fees the lender had charged were reasonable. Some 43,500 customers took the bank to court over claims that it charged them “exorbitant fees”. A lawyer representing the […]

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