Re: Halifax Bank/Nationwide Building Society Overdraft Fees
Hi Guitars - It's the result of lots of years of hard work by us, and the Hatosag ruling in the EU court has helped hugely, as has having the best barrister and passionate consumer advocate in our corner ( Tom Brennan) . It's not going to change things overnight and there is an appeal hearing on 22nd and then 29th October. So patience is asked for. Lloyds will fight their asses off to ensure we can't get this into the court of appeal and set a binding precedent. All we have at the moment is a county court judgment, which can be persuasive.
Have a read of the Oliver-Foster-Burnell vs Lloyds Judgment and of the Hatosag judgement ( http://legalbeagles.info/nemzeti-fog...avkozlesi-zrt/ ) The EU judgment is NOT directly related to bank charges / overdraft fees etc at all, but it enables us to use unfair terms on a different part of the banks contracts that allows for the charging of the overdraft fees.
Originally posted by guitarsnspanners
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Have a read of the Oliver-Foster-Burnell vs Lloyds Judgment and of the Hatosag judgement ( http://legalbeagles.info/nemzeti-fog...avkozlesi-zrt/ ) The EU judgment is NOT directly related to bank charges / overdraft fees etc at all, but it enables us to use unfair terms on a different part of the banks contracts that allows for the charging of the overdraft fees.
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