UK Default Charges Controversy

The UK default charges controversy is an on-going issue in consumer law, relating to the level of fees charged by banks and credit card companies for late or dishonoured payments, exceeding credit limits, etc.

Read more about UK Default Charges Controversy:  Legal Background, The OFT Ruling, Recovery

Famous quotes containing the words default, charges and/or controversy:

    In default of inexhaustible happiness, eternal suffering would at least give us a destiny. But we do not even have that consolation, and our worst agonies come to an end one day.
    Albert Camus (1913–1960)

    I have never injured anybody with a mordant poem; my
    verse contains charges against nobody. Ingenuous, I have
    shunned wit steeped in venom—not a letter of mine is dipped
    in poisonous jest.
    Ovid (Publius Ovidius Naso)

    And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.
    Thomas Hobbes (1579–1688)