Sentences with phrase «unfair charges to consumers»

Not exact matches

The purpose of the Federal Fair Credit Billing Act is to «protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors in «open end» credit accounts, such as credit card or charge card accounts.»

In the Supreme Court ruling on the bank charges test case, the chief judge of the Supreme Court thought it important enough to say this ruling didn't stop people challenging fairness under «Regulation 5» of the Unfair Terms in Consumer Contracts Regulations (which the Supreme Court case did not cover).

There are also a number of very good smaller free fellow campaigning websites dedicated to reclaiming unfair charges and helping consumers.

The test case focused on the Unfair Terms in Consumer Contracts Regulations, yet in the end it all boiled down to one simple nerdy technical point — were bank charges a core part of a bank account?

The CCA also includes detail on what a consumer can be awarded if the charges are found to be unfair, which can include full or partial amounts — so the refund would depend heavily on a consumer's particular circumstances.

The action was meant to create more protection for consumers and halt unfair and hidden fees they were being charged for being a credit card holder.

This is typically in addition to basic protections laid out in the Fair Credit Billing Act for all consumers, which protects you against unfair billing practices and provides you with a mechanism for addressing billing errors, such as being charged for items you did not receive.

Standard contingency fees are unfair to consumers, the site argues, insofar as lawyers charge the same percentage regardless of the merits of the case.

Contracts between banks and customers for current accounts, under which charges are made by the banks to customers when the customer requests or instructs a payment for which they do not hold the necessary funds, are not exempt from investigation by the Office of Fair Trading under the Unfair Terms in Consumer Contracts Regulations 1999 (SI 1999/2083)(UTC 1999).

Default charges can also be challenged under the Unfair Terms in Consumer Contracts Regulations 1999, and if found to be excessive nothing will be payable.

«The current law is baffling — so much so that consumers and regulators are reluctant to challenge unfair charges,» said David Hertzell, one of the Law Commissioners.

The question before the court was whether the Office of Fair Trading (OFT) was permitted to investigate the fairness of bank charges levied for unauthorised overdrafts and other related charges under reg 6 (2) of the Unfair Terms in Consumer Contracts Regulations 1999 (SI 1999 / 2083)(the regulations).

Banks» terms and conditions which impose charges on customers for unauthorised overdrafts are subject to the test of fairness in the Unfair Terms in Consumer Contracts Regulations 1999 (UTCCR 1999), the High Court has ruled.

The case comes a week after the Office of Fair Trading (OFT) announced it will push for a High Court declaration on whether the rules in the Unfair Terms in Consumer Contracts Regulations 1999 (SI 1999/2083) apply to overdraft charges.

Because coverage is government mandated, many consumers feel it is unfair for a Maine car insurance provider to charge, unchecked, the rates they would like.