Bank Charges Petition

Stephen Hone who is one of the partners who set up the Penaltycharges.co.uk web site has set up a petition on the No10 Downing Street. The wording of the petition is as follows:-
This petition is to ask the government to bring in legislation that prevents banks or any company offering finance, or credit agreements from applying charges (Penalty charges) for items as Bounced DDs, bounced cheques going overdrawn, late payment or charges alike. We ask that the Government bring in legislation that before any company can apply such charges to a consumer that a Court, must rule that the level of charges outlined in the contracts that a company/organisation wishes to present to a consumer, is fair and reasonable and is compatible with the UTCCR. This will also better protect the consumer and the vulnerable who’s only cause of action at the moments is to start legal proceeding against the company that has applied such charges. It will force companies to legally prove that their contacts are fair and transparent. we request that parliament make it a criminal offence for any Bank or company to take such charges from state benefits without a court approval/order
.

I would encourage you to look at this and if you feel it appropriate to sign it. It’s a simple process of filling in a few details about who you are and your email address and then confirming by clicking a link in an email that will be sent to you.

That’s it. Job done.

Here the link
http://petitions.pm.gov.uk/Penaltycharges/

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