Is there REALLY a case against the banks ?

[sarahbennett]

Re: Is there REALLY a case against the banks ?

(b) Paragraph 1(j) is without hindrance to terms under which a supplier of financial services reserves the right to alter the rate of interest payable by the consumer or due to the latter, or the amount of other charges for financial services without notice where there is a valid reason, provided that the supplier is required to inform the other contracting party or parties thereof at the earliest opportunity and that the latter are free to dissolve the contract immediately. that bit sarah ?

Yes that bit, I see that it's also in the European legislation this was derived from...